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Best Loans for a Fair Credit Score 2022: Compare Rates

Finding a personal loan for fair credit can be tough. Most lenders approve applicants with good to excellent credit. With Financer.com you can:

  • Apply for a loan with a credit score of less than 690
  • Compare lenders online
  • Apply for a fair credit loan online in minutes
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The Best Personal Loans for Fair Credit for November 2022

Chosen 4945 times

$100 - $2,000

Loan amount

1 Day - 1 Month

Term of loan

91.52% - 630.13%

Lowest rate

18

Minimum age

Chosen 4089 times

$5,000 - $50,000

Loan amount

1 Year - 5 Years

Term of loan

1.49%

Lowest rate

18

Minimum age

recommended

Chosen 3547 times

$500 - $35,000

Loan amount

2 Months - 6 Years

Term of loan

5.99% - 35.99%

Lowest rate

18

Minimum age

Chosen 7859 times

$1,000 - $50,000

Loan amount

3 Years - 3 Years

Term of loan

9.56% - 29.99%

Lowest rate

18

Minimum age

recommended

Chosen 1240 times

$9,000 - $60,000

Loan amount

2 Years - 7 Years

Term of loan

2.25% - 29.99%

Lowest rate

18

Minimum age

Important

Please note that loan amounts, interest rates and other loan terms may vary according to your state and credit profile.

How to Apply for Fair Credit Loans

How to Apply for Fair Credit Loans
1
Choose your loan amount
Choose the amount you would like to borrow.
2
Compare available options
Filter the results based on your criteria and compare the best fair credit loan rates.
3
Choose an offer
Find the best fair credit loan for your needs.
4
Complete the application
Click Get Started to fill in your loan application.

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Why Compare Personal Loans at Financer.com

Free Comparison
Free Comparison
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Loans For Fair Credit Can Cost More

Loans for fair credit will generally cost you more in fees and interest than personal loans for good credit. Borrowers with bad credit or fair credit will pay more than those with excellent credit.

This is because borrowers with excellent credit are considered more creditworthy and are more likely to not default on their loan repayments.

A personal loan that you pay off over the years can improve your credit score over time. It demonstrates that you manage money well by juggling your income and debt ratio.

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How To Get Fair Credit Loan Approval

  • Pre-qualify. Most online lenders will allow you to get preapproved for a loan through their online application process. They generally only conduct a soft credit check for preapproval, which will not damage your credit score any further.

  • Find a co-signer. If you have a close relationship with someone who is willing to co-sign on a loan with you, it will increase your chance of getting approved for a fair credit loan and generally give you a lower fee rate. This is because there are two incomes and personal guarantees held against the one loan.

  • Improve your credit score. There are multiple ways for you to improve your fair credit to good credit over time. Lenders will always favor approval for good credit applicants over fair credit ones. Building your credit over 6 months may increase your chance of approval. 

 

Get the Loan You Need

A fair credit loan can help you get the funds you need for large purchases.
Wedding
Wedding
Holiday
Holiday
Car
Car
Home Repairs
Home Repairs
Shopping
Shopping
Bills
Bills

Compare Loans for Fair Credit in 2022:

recommended

Chosen 65006 times

$500 - $35,000

Loan amount

6 Months - 5 Years

Term of loan

5.99% - 35.99%

Lowest rate

18

Minimum age

Chosen 309 times
  • Personal loans from $5,000 to $50,000
  • Application will not impact your credit score
  • Available in all 50 U.S. states
recommended

Chosen 82147 times

$500 - $10,000

Loan amount

10 Days - 2 Years

Term of loan

5.99% - 35.99%

Lowest rate

18

Minimum age

Chosen 1127 times

$200 - $50,000

Loan amount

1 Month - 5 Years

Term of loan

4.99% - 35.99%

Lowest rate

18

Minimum age

Chosen 2296 times

$100 - $1,000

Loan amount

7 Days - 1 Year

Term of loan

15% - 1564%

Lowest rate

18

Minimum age

Chosen 23808 times

$500 - $10,000

Loan amount

3 Months - 6 Years

Term of loan

5.99% - 35.99%

Lowest rate

18

Minimum age

Chosen 5590 times
  • Lines of credit from $500 - $5,000
  • Only pay charges on what you use
  • Transparent process
  • Fast funding, as soon as the same business day*

Important

Please note that loan amounts, interest rates and other loan terms may vary according to your state and credit profile.

Find Your Fair Credit Loan at Financer.com

Financer.com helps you compare the best personal loans for fair credit and get the lowest loan rates from leading U.S. lenders.

We look for lenders that offer full transparency and have a long track record of successful lending and satisfied customers. We are always improving our comparisons, but are confident in what we can bring to market, and we know you will be as well.

Use our free loan comparison tool to find the right personal loan for fair credit and take the guesswork out of doing all the legwork yourself.

Got Questions About Fair Credit Loans? Get the Answers Here.

What is a fair credit score?
A fair credit score range is usually considered to be FICO® Score of 580-669.
What size loan can I get with a 600 credit score?
A credit score of 600 may make it difficult to get approved for a big loan or a line of credit. However, you may qualify for a fair credit loan if you have a credit score of 600 or above.
What credit score is needed for a $5,000 loan?
To qualify for a $5,000 personal loan you should preferably have a FICO credit score of 600 or above. However, you may still qualify for a personal loan with a credit score lower than 600, depending on the lender.
What does it mean to have fair credit?
When you have a credit score of at least 580, you are considered to have fair credit. In comparison, excellent credit is when you have a credit score of at least 800.

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