https://ficoforums.myfico.com/t5/General-Credit-Topics/Credit-score-needed-to-get-an-installment-loan/m-p/1115684#M156721 <P>Varies from lender to lender, amount of loan, and other factors that make up your credit history.&nbsp; Not just scores.</P> Wed, 14 Dec 2011 18:01:19 GMT kjm79 2011-12-14T18:01:19Z https://ficoforums.myfico.com/t5/General-Credit-Topics/Credit-score-needed-to-get-an-installment-loan/m-p/1115148#M156715 <P>I have a score of 630TU and 640 EXP. What do I need to get an installment loan?</P> Wed, 14 Dec 2011 03:30:19 GMT https://ficoforums.myfico.com/t5/General-Credit-Topics/Credit-score-needed-to-get-an-installment-loan/m-p/1115148#M156715 ando35 2011-12-14T03:30:19Z https://ficoforums.myfico.com/t5/General-Credit-Topics/Credit-score-needed-to-get-an-installment-loan/m-p/1115684#M156721 <P>Varies from lender to lender, amount of loan, and other factors that make up your credit history.&nbsp; Not just scores.</P> Wed, 14 Dec 2011 18:01:19 GMT https://ficoforums.myfico.com/t5/General-Credit-Topics/Credit-score-needed-to-get-an-installment-loan/m-p/1115684#M156721 kjm79 2011-12-14T18:01:19Z https://ficoforums.myfico.com/t5/General-Credit-Topics/Credit-score-needed-to-get-an-installment-loan/m-p/1117540#M156766 +1 Thu, 15 Dec 2011 20:55:32 GMT https://ficoforums.myfico.com/t5/General-Credit-Topics/Credit-score-needed-to-get-an-installment-loan/m-p/1117540#M156766 Anonymous 2011-12-15T20:55:32Z https://ficoforums.myfico.com/t5/General-Credit-Topics/Credit-score-needed-to-get-an-installment-loan/m-p/1117866#M156769 <P>Installment loans are often secured by a lendor lien on the property being purchased, thus minimizing the risk to the lendor.&nbsp; That permits them to offer much higher credit levels than on unsecured loans or revolving lines of credit.</P><P>&nbsp;</P><P>Will the loan you are seeking be secured by a lien, such as an auto?</P><P>In that case, your FICO score might be more of a determinant on the interest rate you secure than upon the actual approval of the loan.</P> Thu, 15 Dec 2011 23:30:55 GMT https://ficoforums.myfico.com/t5/General-Credit-Topics/Credit-score-needed-to-get-an-installment-loan/m-p/1117866#M156769 RobertEG 2011-12-15T23:30:55Z