All it takes is one medical emergency or getting sick and you can end up in debt forever or as many end up doing, filing for bankruptcy. In many ways filing for bankruptcy can solve some of the more immediate problems that come along with being totally buried in your debt but then the after effects of a bad credit score follow you for ever and seems to be able to affect so many aspects of your life. Having a low credit score can make it a lot more difficult to get things such as a car or home loan or even smaller things like credit cards. If you finally do get a loan or something similar you are likely to be given higher rates and be automatically put at a disadvantage and end up paying more just because your credit score is not as high as the lender would like. No matter what you do, if you have a bad credit score and looking to get a home loan it can seem like there is no way out, no way to put you back where you want to be or maybe should be. It can feel incredibly unfair to be stuck with this poor credit score that drags you down. While there are some good reasons that a persons credit score could be a good gauge for how likely someone is to pay back a loan, there are enough people out there who make good money and would pay back the loan who just aren’t given the chance that they should be given. Even though there isn’t much that one can do to really bring their credit score back up to where they want after something like filing for bankruptcy, there are things that you can do that can at least put you back into the running when it comes to getting things like loans. For people wanting to buy a home in particular, there are a number of different programs out there that specifically help people with bad credit scores get a home loan that fits them and doesn’t try to gouge or rip off the person. There are a lot of programs out there that fight for people with bad credit scores but need a home loan, these programs are usually backed by the federal government and provide a backing that encourages banks to give fairer rates to borrowers with bad credit. They do this usually by either insuring home loans given to people with bad credit from the banks or by offering some sort of rebate or financial incentive that allows people who might otherwise not have enough money to be able to save a little bit so they can afford their new home. These programs don’t always make up the entire gap between home loans to people with bad credit and those with great credit, but the programs at least help lessen the gap and help those who really need it and would otherwise be able to get into the house of their dreams.