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Can you get approved for a personal loan with a credit score of 690 and working at a job for 5mon?

I'm 18 and I have a credit score of 690. I've been working at a job that pays $15/ hr for 5months. I want to get a personal loan for $8000.00 from Suffolk Federal Credit Union. What are the chances I'll get approved?

Public Comments

  1. your credit is not bad. i think you will be approved
  2. excellent
  3. $8000.00 is a high amount for an unsecured loan. Its a little iffy, without a score over 700. Also, you have more than one score... it would likely be your middle score they go by, so you need to know all 3 scores.
  4. Somewhat pretty good. On a personal loan Most banks require the last 3 years w-2''s, but perhaps not all. You'll need to check with the bank or in this cace the credit union to see if they need w-2's. If they don't you should be ok. If they do than you'll have to see where it takes you. Now you should be able to get a loan although the interest rate could be higher. Also your 690 score who's is it? It could be one of the 3 CB's or a fico, do you know which one it is? Email if you need more info!
  5. yes...800 is very good score: Credit Score http://www.debt-loan-refinance-mortgage-credit.com/category/Credit-Score-Myths-Explained.html
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