The minimum credit score for personal loans depends on the lender. Some lenders only consider borrowers with above-average credit scores, while others specialize in personal loans for borrowers with less-than-perfect credit histories. There are online lending marketplaces, like Upstart, that don’t have a formal minimum credit score, and instead consider the full picture of a borrower’s qualifications.
Upstart Answers
- What is the minimum credit score for personal loans?
Are credit cards or personal loans worse for credit?
