How much can I borrow with a 620 credit score? This question is about Personal Loans

How much can I borrow with a 620 credit score?

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This question is about Personal Loans

Grace Enfield, Content Writer

@grace_enfield • 05/04/23 This answer was first published on 08/26/22 and it was last updated on 05/04/23.For the most current information about a financial product, you should always check and confirm accuracy with the offering financial institution. Editorial and user-generated content is not provided, reviewed or endorsed by any company.

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You can borrow anywhere from a few thousand dollars to $100,000+ with a 620 credit score. The exact amount of money you will get depends on other factors besides your credit score, such as your income, your employment status, the type of loan you get, and even the lender.

The best personal loans for a 620 credit score are from Upstart. The company offers $1,000 - $50,000 with APRs of 5.35% - 35.99% and repayment periods of 36 , 60 months.

Best Personal Loans for a 620 Credit Score

Lender	Loan Amounts	APRs	Credit Score Requirement
Upstart	$1,000 - $50,000	5.35% - 35.99%	None
Oportun	$300 - $15,400	10.07% - 35.95%	None
OneMain Financial	$1,500 - $20,000	18% - 35.99%	None
RISE	$500 - $5,000	60% - 299%	None
Jora Credit	$500 - $4,000	99% - 349%	None

For more information, check out WalletHub’s complete picks for the best personal loans for bad credit. Then, you can estimate your potential rates with our free pre-qualification tool.

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What credit score do I need for a $50,000 personal loan?

You will likely need a minimum credit score of 660 for a $50,000 personal loan. Most lenders that offer personal loans of $50,000 or more require fair credit or better for approval, along with enough income to afford the monthly payments. Other common loan requirements include being at least 18 years old; being a U.S. citizen, permanent resident or visa holder; and having a valid bank account.

Credit Score Required by Lenders That Offer...

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What are the best personal loans for a 620 credit score?

The best personal loans for a 620 credit score are from LendingPoint, FreedomPlus and Avant. While a score of 620 is still in the bad credit range, it is close to fair credit, so borrowers’ options begin to expand a bit more.

Best Personal Loans for a 620 Credit Score

It’s important to note that any personal loan you get with...

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Can you get a personal loan with a 620 credit score?

Yes, you can get a personal loan with a 620 credit score. The best personal loans for a 620 credit score are from LendingPoint, FreedomPlus and Avant, as they offer the most competitive APRs and fees. Furthermore, the best way to see what loans you're likely to get with a 620 credit score is to check for pre-qualification.

Best Places to Get a Personal Loan With a 620 Credit Score

LendingPoint: 580 credit score...

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