What is the Minimum Credit Score Required to Get a Loan?

Lenders these days are looking for a Credit score before they give out a loan. The minimum Credit score required depends on the type of loan and the bank issuing the loan. Generally, a Credit score of 600 is considered to be an ideal score when applying for home loans. Some banks require a Credit score of 700 or 800. Other banks will not accept any applicant with less than 500 in their Credit Score.