Is it easy to get a loan from Marcus by Goldman Sachs? This question is about Marcus by Goldman Sachs

It is fairly easy to get a loan from Marcus by Goldman Sachs because you’ll need a credit score of 730+ VantageScore or a 720 FICO score to qualify. Other requirements to get a loan from Marcus by Goldman Sachs include being at least 18 years old, having a bank account and having enough income to afford the loan. Requirements to Get a Loan from Marcus by Goldman Sachs Minimum credit score: 730+ VantageScore or a 720 FICO score Minimum income: Not disclosed Age: 18+ Citizenship: U.S. citizen, permanent resident or immigration visa holder Residency: All states except Iowa and U.S. territories Identification: SSN or ITIN You should have a good chance of approval if you meet all the requirements, but it is never guaranteed. The exact APR that you receive will depend on factors like your credit score, debt and income, too. You can check out WalletHub’s full Marcus by Goldman Sachs personal loan review to learn more. Then, you can estimate your potential rates with our free pre-qualification tool.

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Is it easy to get a loan from Marcus by Goldman Sachs?

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This question is about Marcus by Goldman Sachs

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Grace Enfield, Content Writer

@grace_enfield • 08/05/22 This answer was first published on 08/05/22. 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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It is fairly easy to get a loan from Marcus by Goldman Sachs because you’ll need a credit score of 730+ VantageScore or a 720 FICO score to qualify. Other requirements to get a loan from Marcus by Goldman Sachs include being at least 18 years old, having a bank account and having enough income to afford the loan.

Requirements to Get a Loan from Marcus by Goldman Sachs

Minimum credit score: 730+ VantageScore or a 720 FICO score
Minimum income: Not disclosed
Age: 18+
Citizenship: U.S. citizen, permanent resident or immigration visa holder
Residency: All states except Iowa and U.S. territories
Identification: SSN or ITIN

You should have a good chance of approval if you meet all the requirements, but it is never guaranteed. The exact APR that you receive will depend on factors like your credit score, debt and income, too.

You can check out WalletHub’s full Marcus by Goldman Sachs personal loan review to learn more. Then, you can estimate your potential rates with our free pre-qualification tool.

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What credit score is needed for a personal loan?

The minimum credit score for personal loan approval is 580, depending on the lender. That means it is possible to get an unsecured personal loan with a bad credit score, though such a loan will likely have an origination fee.

For your reference, WalletHub researched some of the most popular lenders to find out more about their specific loan requirements.

Credit Score for Personal Loan Approval by Lender

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What are the personal loan requirements?

Major personal loan requirements include being at least 18 years old, having a bank account, having a good credit history, and having enough income or assets to afford monthly loan payments. Specific personal loan requirements vary by lender, however. Avant requires a credit score of 600 or higher, for example, while Prosper sets the bar at 640 and SoFi asks for 680. Most lenders don’t disclose annual income requirements, but two exceptions are LendingPoint ($20,000+)...

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How do you get a personal loan from a bank?

To get a personal loan from a bank, first check your credit score, then compare available offers to find the best rates, fees and payoff periods. After that, check for pre-qualification, submit an application either online or in person and wait for a decision. The steps may not sound all that complex, but preparing to get a loan can be time consuming.

How to Get a Personal Loan from a Bank

Check Your Credit

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