my credit scores are in the low 600, do i have a chance to get loan approved?

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January 06 - Moreno Valley
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Answers (5)

Profile picture for Wes Black
Do not become discouraged. Talk to a lender who can give you advice for today and how to increase your credit score through following their advice. Good luck.
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January 07
Profile picture for Cindy Quinton

Also consider educating yourself about your credit. You can get copies of all three of your major reports at www.annualcreditreport.com and see what is on there.

But, don't DO anything.

Then go to www.myfico.com and begin reading on the community forums about what you should do. Once you've done some reading, jump in and ask some questions. I have to say it is one of the friendliest, least snarky sites on the web.

I would advice you to find a lender that would guide you in the process, but I have had difficulty getting much help myself. But I am learning....one of my scores has jumped 60 points in a matter of weeks, and they are all climbing.

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January 07
Profile picture for Sharon Lewis
Talk to a lender, they can help you bring up your credit scores in as little as a few months. Best of luck to you.;
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January 07
Possibly, although it probably wouldn't be difficult to get it up some and get a better rate.
Good Luck!
Sinead McAllister
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January 06
Profile picture for Tom Gittings
Yes! Some lenders can do that 600 to 620 range.
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January 06
 

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