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Don't know There are other requirements for a loan besides your credit score. How much debt do you currently owe, How much do you make a year and how long have you had your job? Are you buying a house or renting and how long have you lived there? Do you own anything, have any money in a saving account, any assets? Are you married, and if so does your spouse work, do you have any dependents?

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13y ago

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How much will a loan effect credit score?

It will a lot if you do not pay it off. If you do it wont that much. i couldn't find a place to edit so i had to answer. Please help Here are the Details.... At a credit union. A loan. $400 (you get with $400 collateral) How many points will it affect your credit score, in the end..? Please HELP!


Is it possible for a person with a credit score below 450 to get a personal loan with no collateral?

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.


Is a credit score of 400 bad?

Yes, a 400 FICO score is bad. Above 700 is considered good, and it takes a minimum of 620-640 for any home loan program.


Is it possibleto get an auto loan with a 547 credit score?

It is unlikely that a bank would give a person a loan who has a credit score of 547. A good credit score for a loan would be between 700-800.


Can you get a car loan with a credit score of 580?

Yes, this is a fair credit score.


Does your credit score affect your auto loan rate?

Absolutely it does! Your credit score is used by credit agencies to determine the amount of risk they are taking on. If your credit score is bad or low then you auto loan rate will be higher. However, if your credit score is good or high then your auto loan rate will be lower.


How important is your credit score when getting a car loan?

When one is trying to get a car loan, the importance of the credit score is mostly important when calculating the interest of the loan. A better credit score means a lower interest rate.


Can I get a loan without giving my credit score?

No, you can't get a loan without the bank checking your credit score. But just because you have a low credit score, this doesn't necessarily mean you can't get a car loan. You may just get a loan with a higher interest rate.


Can you get a loan with 683 credit score?

Of course. That's about the average American credit score.


Can you get a home depot project loan with a credit score of 620?

It is possible to get a Home Depot project loan with a credit score of 620. Home Depot will pull a credit report to determine eligibility of a credit loan.


What is the average expected credit score to receive a mortgage loan?

There is not an average expected credit score to receive a mortgage loan. You may have a low credit score, and an high income and still be able to qualify. Loans are not just based on credit score.


Where is it possible to find a credit score calculator?

One can find a credit score calculator and estimate his/her credit score on Calxml. The result depends on one's mortgage, auto loan, student loan, credit card, etc.