A personal loan may allow you to borrow money at a reasonable rate and pay it back with fixed monthly payments. The catch: You need to meet credit score requirements to qualify.
With a fair credit score, you could qualify for personal loans to pay for debt consolidation, home improvement or other expenses. They could be a better option than credit cards, which may charge higher interest rates than personal loans, and payday loans, where you risk falling into a cycle of debt all too easily. Here’s what you need to know about getting a personal loan for fair credit.
What you’ll learn here:
- What are the best personal loans for fair credit?
- How can you get a personal loan with fair credit?
- How can you find the best fair credit personal loan?