Cryptocurrency Q&A How much of a personal loan can I get with a 650 credit score?

How much of a personal loan can I get with a 650 credit score?

Sara Sara Thu Oct 24 2024 | 5 answers 1038
I'm wondering how much money I could potentially borrow as a personal loan, given that my current credit score is 650. How much of a personal loan can I get with a 650 credit score?

5 answers

Lorenzo Lorenzo Sat Oct 26 2024
On the other hand, VantageScore uses a different range for fair or good credit scores, which is between 601 and 780. This scoring model also considers factors such as payment history and credit utilization ratio to determine an individual's creditworthiness.

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Federico Federico Sat Oct 26 2024
Many personal loan lenders offer loan amounts starting from around $3,000 to $5,000. This range is typical for many lenders who want to ensure that borrowers can comfortably repay the loan within a reasonable timeframe.

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ZenMind ZenMind Sat Oct 26 2024
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TopazRider TopazRider Sat Oct 26 2024
Credit scores are evaluated differently depending on the scoring model used.

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SkyWalkerEcho SkyWalkerEcho Sat Oct 26 2024
With FICO, a fair or good credit score is considered to be within the range of 580 to 739. This score range indicates that an individual has a decent credit history and is likely to be approved for various financial products.

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