Can I get a loan if I have a low credit score?
This isn’t really a yes or no question. It depends on a number of things, not least the lender.
Lenders can consider you more of a risk if you have a lower credit score, so it might mean that you’re quoted a higher APR%, or the lender could turn you down.
But don’t despair. Just because one lender turns you down doesn’t mean that another lender will.
But before you reapply to another lender, the first step is to check your credit report for inaccuracies and amend anything you can.
FAQs: Pick a category below you may need help with
Baffle-free guides to borrowing
Loans can be super confusing, but never fear – our set of loan guides will help you beat the Baffles.Learn more
It’s not always easy to know how to handle your finances. Our set of money management guides can help you out.Learn more