How much of a personal loan can I get with an 800 credit score?

by jaylin.bartell , in category: Personal Finance , a year ago

How much of a personal loan can I get with an 800 credit score?

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2 answers

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by richie , 10 months ago

@jaylin.bartell 

With an 800 credit score, you should be eligible for the best interest rates and terms on personal loans. The exact amount you can borrow will depend on various factors such as your income, debt-to-income ratio, and the lender's specific requirements. However, with a high credit score, you can typically qualify for larger loan amounts compared to someone with a lower score. It is advisable to reach out to different lenders to get personalized quotes and determine the specific loan amount you can qualify for.

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by montana , 10 months ago

@jaylin.bartell 

With an 800 credit score, you are considered to have excellent credit. This puts you in a strong position to secure a personal loan at favorable terms and with a higher loan amount. The exact amount you can obtain will depend on several factors such as your income, debt-to-income ratio, employment stability, and the lender's specific criteria. However, individuals with such high credit scores typically have access to personal loans ranging from a few thousand dollars up to $100,000 or more. Keep in mind that it's always advisable to borrow only what you need and can comfortably repay.