What are the best personal loans for a 620 credit score?
Reply
Rick Bormin, Personal Loans Moderator
@rhandoo2020
The best personal loans for a 620 credit score are from LendingPoint, FreedomPlus and Avant. While a score of 620 is still in the bad credit range, it is close to fair credit, so borrowers' options begin to expand a bit more.
Best Personal Loans for a 620 Credit Score
It's important to note that any personal loan you get with a 620 credit score is likely to have a high APR and an origination fee. If possible, you might want to try to borrow money a less costly way, such as from friends and family. If that's not an option, the above lenders offer the most competitive terms.
Finally, keep in mind that getting a personal loan with a 620 credit score is not guaranteed. When making a decision on whether or not to approve you, a lender will look at your whole financial profile, including things like your income, existing debt, housing status and more.
