Typically, you will need to have a credit score of about 660 to be eligible for a $15,000 personal loan.
Credit score requirements for personal loans of $15,000 tend to vary between lenders. While some will prioritize borrowers who have good or excellent credit scores (that is, anything above 650), others could also accept borrowers whose scores aren't so great (anything below 630).
However, note that the typical minimum credit score you will need to qualify for a personal loan can be anything between 560 to 660. Some lenders could need an even higher credit score.
Personal Loan Range By Popular Loan Platforms
Below, we'll provide insights on some of the most popular loan platforms in the market as well as their loan ranges and credit score requirements:
| Platform | Personal Loan Range | Credit Score Required |
| iPaydayLoans | Up to $35,000 | 640 |
| WeLoans | Up to $35,000 | 660 |
| CocoLoan | Up to $35,000 | 650 |
| US Bad Credit Loans | Up to $35,000 | 630 |
| US Installment Loans | Up to $35,000 | 630 |
What to Consider When Getting Personal Loans
When deciding between personal loan lenders, you would need to consider a few factors. These include:
Annual percentage rates: This means the total cost of the loan, including interest and fees. You can compare APRs across personal loan lenders to determine which works best for you.
Soft checks: Some lenders perform only soft credit checks, which won't affect your credit score, and it is quite convenient. You should look for these lenders, especially if you have bad credit.
Special features: Some loan platforms also offer additional perks like financial advisory, credit-building assistance, and unemployment assistance. If you can find these additions, you should consider them.