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Do you get a loan having Credit history off 550?

Do you get a loan having Credit history off 550?

An effective CIBIL Get try a personal credit score one shows a good borrower’s credit history. New get range ranging from three hundred and you may 900. The higher the brand new get, greatest is the possibility to score an unsecured loan approval. A personal bank loan to possess CIBIL Score regarding 500 is hard to score. Banks and you will NBFCs like CIBIL Get out-of 750 and you can significantly more than to accept an unsecured loan. But not, a number of loan providers will get approve the loan to have score regarding 550, however, during the a higher rate interesting, charges, and fees. Read more