Loans are given to people with a variety of different credit scores, but a good credit score is obviously ideal. Generally speaking, a person with the best chance of getting loan approval should have a credit score of at least 650. A score of 650 is typically considered a good credit score and indicates fair credit management. Many lenders consider a 650 score high enough for them to be willing to loan money.
Credit Scores of 700 and Above
A person with a credit score of 700 and above has excellent credit according to Experian, which is one of the leading credit bureaus in the United States. Getting as much …
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Maria Schubert is the editor of Instant-Loans.org. Originally from San Diego, Maria graduated from USC with a Bachelor's in Accounting, Certificate in Banking, and Certificate in Entreprenurship. Before joining our website, Maria spent time as a lender at a prominent Florida bank.
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