Are you able to get a personal bank loan by having a 550 credit rating? A 550 credit history sounds much better than 500, however it’s nevertheless a bad credit history. (It’s 30 points far from “fair” and 120 points far from “good.”) You could be eligible for a personal bank loan having a 550 credit rating but once more, your interest are going to be high. Here’s an illustration in one Main Financial, which works together those who have bad fico scores. The repayment schedule would be as follows if your loan amount was $1,500 at 35% interest For a ...