Minimum score for personal loan

Credit Report & Score Guide Forums Credit Obtaining Forum Minimum score for personal loan

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  • #18986
    Madison
    Guest

    My credit score is in the low 600s and I need a $1,500 personal loan. Does anybody know what the minimum score for a personal loan is?

    #18988
    Ethan
    Guest

    600, sometimes even 500
    As far as I know the minimum credit score for a personal loan is 600, but don’t expect good terms.

    You can try PersonalLoans.com or lendingclub.com. PersonalLoans state that they don’t actually have a minimum credit score, and people with 500 FICO or even lower can get approved for a personal loan, depending on their income, type of loan and the state the live in.

    See their FAQ page for more info.

    Good luck





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