An 349 credit score is a number based on statistics. It indicates the level of the client’s creditworthiness. This number is based on the client’s loans. The indicator is normally used to assess the probability that the person will return the debt. If your credit score is low, you have much lower chances to get approval for a credit. On the contrary, if your indicator is good, you will have higher chances to get the funds, and the sum will be higher.
How to Get a Personal Loan with 349 Credit Score
If you get a bad score, the crediting company will be very careful with issuing any funds to you. Most likely, you will not be able to receive big sums. Even if some company will give you a bigger money sum, it will charge higher interests. Be ready to the fact that no crediting company will be eager to issue you a credit. You might not be able to receive some money as well.
What Loan I Can Get with 349 Credit Score
It depends on the lender which funds you can receive with an 349 credit score. Some lenders would prefer not to risk, and they will not issue any credit to the person with a bad credit history. Others would issue even significant sums, but you will need to provide guarantees. Besides, be ready that interests will be much higher if you have a bad score.
Can I Get a Loan with 349 Credit Score?
Yes, you can get approval for money even with an 349 credit score. However, be ready that in your case, it will be complicated to find a financing institution if you need a significant sum of money. The interest rate will be significant too. Most lending companies will not risk to give big sums; for example, you can hardly count on a mortgage loan.
How Much Money I Can Get with 349 Credit Score
If you have an 349 credit score, the sum that you can get as a loan depends greatly on the lending institution. Some institutions might offer you a low sum with higher interest rate. For others, the alternatives might vary depending on the guarantees that you provide.
Where I Can Get a Personal Loan with 349 Credit Score
It is very unlikely that a bank will give you any credit if you have an 349 credit score. Even if you have an option with a bank, it might be a time-demanding and complicated procedure.
The best option is to get approval for a loan from a crediting company. Even though the sums of their loan are limited and the interests are much higher than the ones requested by banks, your chances there are much more realistic.
How to Fix/Improve Credit Score 349
There are options to improve the 349 credit score. To do it, you are recommended to:
- Pay back your credits on time;
- Ask to lift your limit whenever you can do it;
- Pay all your bills on time;
- Not use all the money available on your account.
There are many more things to do, but the ones mentioned above will improve your score very fast. And with a higher score, you will have much more options.