Get Personal Loan with Bad Credit Score

PERSONAL LOAN WITH BAD CREDIT Is it possible to get a personal loan with a bad credit score? EMI EMI EMI EMI EMI CREDIT SCORE GRAPH FINANCIAL INSTITUTION aepicatien FEIECTED Probable causes of a bad credit score can be: Missed bill payments Rejected credit applications How to Overcome This? Have a fixed and stable 1 source of income 2 Have to update your profile with recent bank statements 3 Have your KYC documents 4 Keep your ITR records of last 3 years Important Facts Plan your repayment strategy before so that it helps you to take the leap in getting your finances in order Check all financial institution and access your repayment capability before you apply for a personal loan Opt for a personal loan, if you do not have any collateral to submit to the lender Search for those lenders who do not take your credit score into account and approach them Choose the Best One Secured loan Unsecured loan No Collateral Collateral Low interest rate High interest rate Low credit score High credit score Can use money in specified purpose Can use money in any emergency purpose like home repair, vacation, wedding Fix your Credit Score Repay all debts, liabilities and bills on time without defaulting. This can help to boost your credit score and will improve the chances of getting a loan approval in future