- Avant. Best for: Fast turn-around. Minimum credit score: 550. ...
- LendingPoint. Best for: Borrowers with credit scores on the lower end of fair. ...
- Prosper. Best for: Borrowers who want to avoid a prepayment penalty.
What type of loan can you get with a 650 credit score?
Borrowers with FICO® Scores of 650 are likely to be offered adjustable-rate mortgage (ARM) loans, with introductory interest rates that apply for a set number of years—typically one, but sometimes three, five, seven or even 10—and then change annually.
Can I get approved for a loan with 650 credit?
Yes, you can still get a personal loan with a 650 credit score. Interest rates will be higher than people who apply for loans with good or excellent credit, but there are plenty of lenders out there that will consider your loan application.
What is the easiest loan to get approved for?
The easiest loans to get approved for are payday loans, car title loans, pawnshop loans and personal loans with no credit check. These types of loans offer quick funding and have minimal requirements, so they're available to people with bad credit. They're also very expensive in most cases.