But, personal loans from these lenders come with high interest rates. However, there are some that work with bad credit borrowers. Very few personal loan lenders will approve you for a personal loan with a 663 credit score. See also: 6 Best Secured Credit Cards Can you get a personal loan with a credit score of 663? If you are able to get approved for a credit card, you must make your monthly payments on time and keep your balance below 30% of your credit limit. It’s an unsecured credit card, but it comes with a low credit limit and high interest rate. You may also be able to get a “starter” credit card from a credit union. However, credit card issuers often require a security deposit of $500 – $1,000. Applying for a secured credit card is probably your best option. Can you get a credit card with a 663 credit score?Ĭredit card applicants with a credit score in this range may be required to put down a security deposit. Having someone in your life with good credit that can cosign for you is also an option, but it can hurt their credit score if you miss payments or default on the loan. One of the best ways to build credit is by being added as an authorized user by someone who already has great credit. With a score of 663, your focus should be on building your credit history and raising your credit scores before applying for any loans. As a result, your financing options are going to be somewhat limited. Some lenders choose not to lend to borrowers with Fair credit scores. : Source: Experian 663 Credit Score Credit Card & Loan Options For context, the average credit score in America is 714. As you can see below, a 663 credit score is considered Fair. The FICO score range, which ranges from 300 to 850, is widely used by lenders and financial institutions as a measure of creditworthiness.
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