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George Taylor
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George Taylor
Asked: 2022-10-31 23:16:11 2022-10-31 23:16:11 2022-10-31 23:16:11

What is the lowest your credit can be to get a loan?

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Credit Score Credit History Loan Amount Loan Term
  • 6 Answers
  • 8.25K Views
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Put Video ID here: https://www.youtube.com/watch?v=sdUUx5FdySs Ex: "sdUUx5FdySs".

 

6 Answers

  1. Sophia O'Connor
    Sophia O'Connor
    Added an answer on 2022-11-08 21:58:25

    The average credit score for a person is 620. So a person with a credit score of 620 could not get a loan at a bank.

  2. Joseph Smith
    Joseph Smith
    Added an answer on 2022-11-07 00:05:02

    There is no definitive answer to this question as it depends on a variety of factors, including your credit score and current credit utilization. However, some lenders may require a lower credit score in order to approve a loan, so it is important to do your research before applying.

  3. Charlie Smith
    Charlie Smith
    Added an answer on 2022-11-05 11:23:09

    There is no definitive answer to this question as it depends on a number of factors, including your credit score, current credit utilization, and other debt loads. However, some lenders may be willing to offer lower credit ratings for applicants with low credit scores.

  4. John Thomas
    John Thomas
    Added an answer on 2022-11-03 07:48:20

    The credit score for a person is a measure of their ability to borrow money. A low credit score can prevent you from securing a loan, which could impact your ability to pay your bills, buy items, or even rent. A high credit score can help you get a loan, but you will need to be able to pay back the loan as agreed upon.

  5. James Smith
    James Smith
    Added an answer on 2022-11-01 08:10:48

    A low credit score can be a problem for many people, as it can lead to difficulty getting a loan.

  6. Oscar Taylor
    Oscar Taylor
    Added an answer on 2022-11-01 01:10:14

    There is no definitive answer to this question as it depends on a number of factors, including your credit score, credit history, and credit utilization levels. However, some lenders may be willing to lend you a lower credit limit if you have good credit history and low credit utilization levels.

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