Search for credit loans with no credit

credit loans with no credit

How to Get a Personal Loan with Bad Credit or No Credit.
So its hard to say what makes you good or bad on the credit scoreboard, but the accepted range looks something like this.: 700-759 Very good. Scores under 620 Extremely poor. How Bad Credit Scores Affect Borrowing. Consumers in the good-to-excellent credit score category receive the lowest interest rates and best loan terms. Consumers in the poor and extremely poor categories are burdened with high rates and may not be approved for a loan at all. Many consumers get that message and that is why the average credit score for U.S. consumers in 2018 is 700, an 11-point jump over the last decade. However, the real numbers worth paying attention to are the combination of score and age, which say a lot about how our economy operates. According to FICO, people ages 60-and-above have an average credit score of 743, while those in the 18-29-year-old bracket average just 652. Its one of the few places in life where being old pays off. Still, thats a 91-point difference, which is very costly when you are shopping for home and auto loans as the graphic below demonstrates.

Contact Us