Student Debt and Credit Education Blog

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Do I Need Perfect Credit to get a Loan?

Posted in Credit by Little Miss Platinum

No. You don’t need perfect credit to get a loan. Credit grantors may consider a number of other factors, such as your income, assets, length at current residency, and employment history, in addition to your credit score, when determining whether to extend credit. The criteria may also differ from creditor to creditor.

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2 Responses to “Do I Need Perfect Credit to get a Loan?”

  1. Paying On Time - Credit Cards » Do I Need Perfect Credit to get a Loan? says on April 23, 2009 at 4:35 pm:

    [...] Posted in Credit Card Info by Professor Plastic. No. You don’t need perfect credit to get a loan. Credit grantors may consider a number of other factors, such as your income, assets, length at current residency, and employment history, … Go to Source [...]

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  2. Mariana says on April 30, 2009 at 6:23 pm:

    Thanks for the information. This makes me feel a bit more confident if I get to be totally out of money to pay for college (which I pray to God that never happens). Once again thank you!!!

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