The requirements for an Oportun personal loan are to be at least 18 years old and a U.S. citizen or permanent resident with a Social Security number or Individual Taxpayer Identification Number. You will also need to have a steady income and live in one of the 12 states that Oportun services. In addition, you will need to provide a valid photo ID. Oportun does not have a minimum credit score requirement.
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.
A personal loan generally it’s not hard to get, but some personal loans are much more difficult to get than others. Unsecured personal loans often require a credit score of 660+, and some are only available to people with scores of 700+.
Some unsecured personal loans are available to people with lower credit scores, but you have to watch out for predatory interest rates. For example, one good unsecured personal loan provider for bad...
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