A private investor will be your best bet. Most conventional lenders won't touch under 500.
It depends on the type of personal loan. It is possible to get a loan using only a good credit score as collateral. If you do not have good credit, it is still possible to get a loan without collateral, but you can expect to pay a much higher interest rate. It is also possible to use a vehicle or property as collateral.
Unsecured loans are on the basis of good credit score since there is no collateral involved. The lender determines your credit worthiness on the basis of your credit score. Since he has no collateral he has to depend on the credit score to decide whether you are a lender's risk or not. If you have good credit score then you can easily get unsecured personal loan from Banks and NBFCs Such as SBI, PNB, Bajaj Finserv etc.
560 is a fairly low score. The only way you're likely to be able to get any loan without a co-signer is if you put up enough collateral to cover the loan.
There are lots of places where someone can get a loan if he has a poor credit score. Some of these places are Spring Finance, Blemain Finance and Midland Credit.
You may obtain your credit score for free without a credit card or any obligation from CreditKarma.com (TransRisk Score) and CreditSesame.com (Plus Score).
It depends on the type of personal loan. It is possible to get a loan using only a good credit score as collateral. If you do not have good credit, it is still possible to get a loan without collateral, but you can expect to pay a much higher interest rate. It is also possible to use a vehicle or property as collateral.
Unsecured loans are on the basis of good credit score since there is no collateral involved. The lender determines your credit worthiness on the basis of your credit score. Since he has no collateral he has to depend on the credit score to decide whether you are a lender's risk or not. If you have good credit score then you can easily get unsecured personal loan from Banks and NBFCs Such as SBI, PNB, Bajaj Finserv etc.
It depends on where you get your loan, how much collateral, and why your score is 649. Don't be fooled by credit scores. They don't mean what they say they do. I have a credit score of zero and my credit is excellent.
560 is a fairly low score. The only way you're likely to be able to get any loan without a co-signer is if you put up enough collateral to cover the loan.
Secured, and unsecured. Both will affect your credit score if you fail on both of them. Secured is a secured collateral to pay to your borrowed sum (like a house). Unsecured is a credit check with a higher interest rate, due in part to the lack of collateral.
There are lots of places where someone can get a loan if he has a poor credit score. Some of these places are Spring Finance, Blemain Finance and Midland Credit.
You may obtain your credit score for free without a credit card or any obligation from CreditKarma.com (TransRisk Score) and CreditSesame.com (Plus Score).
Nope. Income doesn't matter much if your credit sucks. Your credit score usually needs to be 620 or above to get a loan without a cosigner or collateral.
Please note that your credit score is only one aspect of the credit approval process. There is debt to income ratio, the capacity to repay the loan, collateral is part of the process, other factors. Also depending on what you want to use the loan for is also a factor. If you want a no-questions asked loan, with a great credit score you are entiled to a low interest rate credit card that would give you that 5500 no collateral loan. Phil Turner
It is very improbable that you will get an unsecured loan with a credit score in the 400's. Unless you show that you are trying to rectify the reason for your score to be so low and show proof that you are doing so.
One can get a credit score report from many different places that offer them, such as credit consulting companies. One can also request a credit score report from the Equifax, Annual Credit Report, and TransUnion websites.
There are lots of places online where one can check their credit score. However, to specifically check one's Equifax credit score, that person would have to visit the Equifax website.