What if my credit score is between 561-720? Is there any chance to get a loan? - letsdiskuss
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Anonymous

Finance Adviosrs | Posted on | Share-Market-Finance


What if my credit score is between 561-720? Is there any chance to get a loan?


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Financial adviser | Posted on


you have the chances of getting the loan. If your credit score is above 700 then you can easily get the personal loan, but if your credit score if 500 then it will be a little difficult. Anyway there are some lenders who offer a personal loan on bad credit also.


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finance | Posted on


Yes, According to the Credit score Percentage values, 561-720 is not a bad score. It is a fair score. 

So you can get easily, There are many lenders are available in the market. Even some people have a very bad score like 300-400, in that situation also people are borrowing the loan and using for personal essentials. 

You can get a loan with very low-interest rates


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Employee | Posted on


Hi, usually the good score is 750 and above less than that is average score i.e between 550-650. When you seek for any loan the lenders look for a good score with proper eligibility criteria. There are financial companies who can offer loans for bad credit with reasonable interest rates.   


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