Now that you’ve learned about some of the best personal loans for a 600 credit score, it’s time for a brief recap.
Best Personal Loans for a 600 Credit Score Comparison
| Lender | APR Range | Origination Fee |
| Avant | 9.95% - 35.99% | Up to 4.75% |
| LendingClub | 9.57% - 35.99% | 3% to 6% |
| LendingPoint | 7.99% - 35.99% | 0% to 6% |
| Achieve Personal Loans | 8.99% - 35.99% | 1.99% to 4.99% |
Tips for Getting a Personal Loan with a 600 Credit Score
- Consider improving your credit first. If you can afford to push your loan back for a while, you can try to bump your credit score up to the 640-660 range, which will give you a lot more options. Check out WalletHub’s guide on how to build or rebuild credit for helpful tips to bring up your score.
- Avoid predatory lenders. There are plenty of loan providers that advertise bad credit acceptance. But many of them have APRs of 100%+. Ideally, you shouldn’t get a loan from any lender that will charge you more than 36%, at the most. You should also avoid lenders that will ask you to secure the loan with an auto title or pay out of your next paycheck yet still charge absurd fees.
- Try out local credit unions. You may find it difficult to get approved for a personal loan from a major national lender with a credit score of 600. But local credit unions may be willing to consider people with bad credit. You can search for credit unions in your area on WalletHub. The best part is that federal credit unions have APRs capped at 18%, and state credit unions have caps set by the state.
- Get pre-qualified whenever possible. Since it’s difficult to qualify for a personal loan with a 600 credit score, it’s a good idea to pre-qualify with multiple lenders before applying for real. This allows you to gauge your odds of approval ahead of time and see what rates you might get.
