What credit score do you need for a Xact personal loan? This question is about Xact

What credit score do you need for a Xact personal loan?

Answer Question Report Abuse

This question is about Xact

Grace Enfield, Content Writer

@grace_enfield • 08/23/22 This answer was first published on 08/23/22. 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.

Permalink Report Abuse

Xact does not disclose a specific credit score needed to get a personal loan, unlike many personal loan providers. Most other lenders’ credit score requirements for personal loans range between 585 and 700.

Keep in mind that Xact will look at more than just your credit score when evaluating your application for a personal loan. Xact will consider your entire financial profile, including things like your income, existing debts and recent credit inquiries, when deciding whether to approve you.

If you’re unsure of what your current credit score is, you can check it for free on WalletHub.

Answer Question

How can I get a $1,500 loan?

The best way to get a $1,500 loan is to take out a personal loan from Navy Federal Credit Union, PNC, or Laurel Road. These lenders offer personal loans of $250 to $50,000, with APRs as low as 7.49%, depending on an applicant’s creditworthiness.

How to Get a $1,500 Loan in 6 Steps

Check your credit score.
Check for personal loan pre-qualification to see your approval odds and potential rates.
Compare...

read full answer

What credit score do I need for a $1,500 personal loan?

You will likely need a credit score of at least 580 for a $1,500 personal loan. Most lenders that offer personal loans of $1,500 or more require bad 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...

read full answer

What is a good interest rate on a personal loan?

A good interest rate on a personal loan is 5.99% to 9%. The average APR for a two-year personal loan from a bank is 9.87, according to the Federal Reserve, and the best personal loans have APRs as low as 5.99% for the most creditworthy borrowers. The rates you get will depend heavily on your credit, income, debt and other financial factors.

The best way to get a decent interest rate on a personal...

read full answer

WalletHub Answers is a free service that helps consumers access financial information. Information on WalletHub Answers is provided “as is” and should not be considered financial, legal or investment advice. WalletHub is not a financial advisor, law firm, “lawyer referral service,” or a substitute for a financial advisor, attorney, or law firm. You may want to hire a professional before making any decision. WalletHub does not endorse any particular contributors and cannot guarantee the quality or reliability of any information posted. The helpfulness of a financial advisor's answer is not indicative of future advisor performance.

WalletHub members have a wealth of knowledge to share, and we encourage everyone to do so while respecting our content guidelines. This question was posted by WalletHub. Please keep in mind that editorial and user-generated content on this page is not reviewed or otherwise endorsed by any financial institution. In addition, it is not a financial institution’s responsibility to ensure all posts and questions are answered.

Ad Disclosure: Certain offers that appear on this site originate from paying advertisers, and this will be noted on an offer’s details page using the designation "Sponsored", where applicable. Advertising may impact how and where products appear on this site (including, for example, the order in which they appear). At WalletHub we try to present a wide array of offers, but our offers do not represent all financial services companies or products.

Ask a Question

140

Ask Question

Ask Your Question

WalletHub Transparency

We are committed to being fully transparent with our readers. Opinions expressed here are the author’s and/or WalletHub editors'. WalletHub editorial content on this page is not provided, commissioned, reviewed, approved or otherwise endorsed by any company. In addition, it is not any company’s responsibility to ensure all questions are answered.