An 358 credit score is a number based on statistical data. It indicates the level of the client’s creditworthiness. This number is calculated on the client’s loans. The credit score is as a rule used to assess the probability that the person will repay the debt. If your credit score is low, you have less chances to get a loan. On the contrary, if your indicator is good, you will have better chances to get the credit, and the sum will be higher.
How to Get a Personal Loan with 358 Credit Score
If you get a bad score, the crediting company will be very careful with issuing any credit to you. Most likely, you will not be able to get approval for big sums. Even if some company will give you a bigger payday loan, it will charge higher interests. Be prepared to the fact that no lending company will be eager to issue you a credit. You might not be eligible for receiving some loan as well.
What Funds I Can Get with 358 Credit Score
It depends on the lender which funds you can get approval for with an 358 credit score. Some institutions would prefer not to risk, and they will not issue any funds to the client with a bad credit history. Others would issue even big sums, but you will be required to give guarantees. Besides, be ready that interest rate will be much higher if you have a bad score.
Can I Get a Money with 358 Credit Score?
Yes, you can get approval for money even with an 358 credit score. However, be ready that in your case, it will be complicated to find a crediting company if you need a significant sum of money. Interests will be high too. Most lending firms will not risk to give significant sums; for instance, you can not count on a mortgage credit.
How Much Credit I Can Get with 358 Credit Score
If you have an 358 credit score, the sum that you can receive as a credit depends greatly on the lender. Some lenders might give 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 358 Credit Score
It is very unlikely that a bank will give you any bad credit loan if you have an 358 credit score. Even if you have a chance with a bank, it might be a long and complex procedure.
The best option is to get approval for money from a crediting company. Even though the sums of their loan are limited and the interests are much higher than the ones imposed by banks, your opportunities there are significantly more realistic.
How to Fix/Improve Credit Score 358
There are ways to lift the 358 credit score. To do it, you are recommended to:
- Pay back your funds on time;
- Ask to lift your limit whenever you can do it;
- Pay all your bills without delays;
- Not use all the money available on your card.
There are many more alternatives to do, but the ones mentioned above will lift your score rapidly. And with a higher score, you will get much more options.