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Can you get a loan with a credit score of 520?
Although it is not the best, a credit score of 520 is also not the worst. Even with a credit score of 520, some financial institutions will still grant you a personal loan. You can still obtain a loan, though the terms might not be as favorable as they would be if you had a higher credit score.
How can I consolidate my debt with a 500 credit score?
If you apply with a lender who doesn’t have a credit score requirement, you can get a debt consolidation loan with a credit score of 500. In contrast, some lenders for people with bad credit will accept credit scores as low as 580.
What can I do with a 520 credit score?
Key Information About a 520 Credit Score You could, for instance, take out a small personal loan or use a few unsecured credit cards, but the interest rate is probably going to be high. The best way to raise a credit score of 520 is to apply for a secured credit card and make on-time monthly payments with it.
How big of a loan can you get with a 500 credit score?
If you’re looking for a personal loan, some lenders offer them to borrowers with a 500 credit score, but how much of a loan can you get with that? Through some of these businesses, you may borrow up to $10,000. You can test out these three businesses: MoneyMutual, CashUSA, and CreditLoan.