Home loans for those who have Bad Credit & Debt History Related Articles Determining your bad credit could be the first rung on the ladder in finding that loan system you could be qualified to receive. From the loan provider's viewpoint, "fair to poor" is regarded as a credit that is less-than-desirable, although the terms have actually free thresholds for customers. Loan providers, on the other side hand, have standard thresholds to ascertain eligibility for home financing. Understanding Bad Credit Credit is calculated by a FICO credit rating; this number ranges from 300 to 850, with 850 being perfect credit. 1