If you have bad credit history but still need a home improvement loan use these tips.
1. Find out if you have equity in your house equal to the value of your home improvement project. This is an asset for your bank.
2. Create a personal relationship with your banker. Become a person not a number and your banker will go to bat for you even with bad credit.
3. Shop around. There are a ton of lending institutions. Find the one with best short terms and long terms.
4. Build your credit. If you have to take a loan with a high rate. Be sure to pay on time or even early so you can go back and refinance with a better rate later.