10 Best Bad Credit Options for 600 Credit Score Personal Loan

According to most sources, a credit score of 600 is “bad” and having a bad credit score can limit your ability to obtain loans or qualify for credit. As a result, the lines of credit you get, such as credit cards, allow relatively low spending limits.

10 Ways to Get a Personal Loan with a 600 Credit Score

A 600 credit score for a personal loan is not the end of the world. Sure, it is bad for the short term, but you can take several other steps to improve your likelihood of getting a personal load. Per our tips below, that includes paying your bills on time, selectively applying for credit cards, and not closing unused credit cards.

When it comes to finding a personal loan, you have to be willing to shop around first. You can check out our recommended list of lenders on our comparison page for some excellent options to start with.

You should also reach out to multiple lenders to compare quotes to see who can offer you the most favorable terms. If you have the opportunity to get pre-approved for a loan, we highly recommend you take it.

Additionally, it pays to be flexible when it comes to the types of loans you are willing to accept. For instance, while most personal loans are unsecured, you can put down collateral to improve your odds of success. With collateral on the table, lenders accept your assets to secure your loan and help cover your financial obligation.

Aim for loans of less than $10,000 in total. The smaller the financial obligation, the lower the risk it is for the lender. If you require more funding than this, consider taking out more than one loan. Working with multiple lenders can improve your approval chances while increasing your maximum loan amount.