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That is a question that has a variety of answers. Each and every credit union sets their own standards. Different loans also have different risks associated with them that also plays a part in the evaluation, decision and approval making process. It also depends on if the loan is secured or not and your history with that specific credit union. Unfortunately you asked a question that has no definite answer.
What else can I help you with?
What is the lowest credit score a credit union will accept for a car loan?
660
How does joining a credit union impact your credit score?
Joining a credit union typically does not directly impact your credit score. However, if you take out a loan or credit card from the credit union and make timely payments, it can positively affect your credit score over time.
What is the lowest possible credit score you must have to obtain a bad credit loan?
In order to obtain a bad credit loan a person has to have a credit score is 620 anything below that would be considered high risk.
What is the lowest credit score you can have to really be considered for a commercial bank loan?
As of October 20, 2008, they are going to merge with T.D. BankNorth. A Credit Score of 640 is needed for a "Personal Loan". As of October 20, 2008, they are going to merge with T.D. BankNorth. A Credit Score of 640 is needed for a "Personal Loan".
How can I get a car with credit?
To get a car with credit, you can apply for an auto loan from a bank, credit union, or dealership. Your credit score will determine the interest rate and loan amount you qualify for. Make sure to shop around for the best loan terms and consider improving your credit score before applying.
What is the lowest credit score a credit union will accept for a car loan?
660
How does joining a credit union impact your credit score?
Joining a credit union typically does not directly impact your credit score. However, if you take out a loan or credit card from the credit union and make timely payments, it can positively affect your credit score over time.
What is the lowest possible credit score you must have to obtain a bad credit loan?
In order to obtain a bad credit loan a person has to have a credit score is 620 anything below that would be considered high risk.
Is it better to get a car loan from a credit union, a bank, or a loan shark?
It would usually be cheaper and more ideal to get your loan from a credit union, but this can change, depending on your credit score! The second best would be getting your loan from a loan shark.
How can I get a car with credit?
To get a car with credit, you can apply for an auto loan from a bank, credit union, or dealership. Your credit score will determine the interest rate and loan amount you qualify for. Make sure to shop around for the best loan terms and consider improving your credit score before applying.
What is the lowest credit score you can have to really be considered for a commercial bank loan?
As of October 20, 2008, they are going to merge with T.D. BankNorth. A Credit Score of 640 is needed for a "Personal Loan". As of October 20, 2008, they are going to merge with T.D. BankNorth. A Credit Score of 640 is needed for a "Personal Loan".
Can you get a loan with a bad credit report from credit union?
In fact, not all of credit unions can provide you with a loan, but there are definitely online lenders who offer cash advances to people with low credit score.
If your credit score is 520 and you have no credit card debt can you get a first time home owner loan?
It may be possible: become a member of a competitve credit union. Shop for a credit union that offers loan rates based on credit rating. The advantage of taking care of your credit will become instantly clear: the better your credit score, the lower your loan rate. Credit unions work for their members and will also counsel you on how to improve your credit.
Can you get a auto loan with a credit score of 565?
Ha! I can tell you from experience that it is possible. I had great credit but not a lot of it. As long as that's the case you will be ok. Id try a Credit Union, My score was just over 600 and I got a $40k loan no prob.
What is the lowest credit score to qualify for a home loan?
You need at least a credit score of 660 to qualify for a home loan For a FHA refinance or purchase the minimum credit score is 620. There are some lenders that will go down to a 580 credit but it just depends on some other factors such as debt to income, loan to value, etc. Veronica Rodrigues Voyage Home Loans
What is the worst credit score that a person can have and still get a loan?
500 is about the lowest score one can have and still get a loan. Although, the interst rates will be very high but one will have little choice with such a low score that they will not find a better offer.
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.
