Our Solution to Low Credit Scores
Get approved for loans even with low credit scores. Industry-leading approval rates and minimal credit checks.
Understanding Low Credit Scores
Having a low credit score can make it difficult to get approved for loans. Many traditional lenders rely heavily on credit scores and may deny applications from borrowers with less-than-perfect credit. However, at TwentyLoans, we take a different approach.
Our Solution: Minimal Credit Checks
At TwentyLoans, we rarely do credit checks, and when we do them, which is not common, we do soft checks that don’t have any impact on your credit rating. This means that even if you have a low credit score, you still have a good chance of getting approved.
Why Our Approach Works
We Rarely Check Credit
Unlike many other lenders, we rarely do credit checks. This means that in most cases, your credit score isn’t even a factor in our decision-making process. This is a significant advantage for borrowers with low credit scores.
Soft Checks When We Do Check
When we do credit checks, which is not common, we do soft checks that don’t have any impact on your credit rating. This means you can apply without worrying about further damaging your credit score.
Simple Criteria
We have a simple criteria that we look at. We don’t rely solely on credit scores like many other lenders. This means that even with a low credit score, you may still qualify for a loan.
Industry Leading Approval Rates
We have industry-leading approval rates. Many users who don’t get approved by other companies come to us and find success. This is particularly true for borrowers with low credit scores who have been turned down elsewhere.
Our approach of rarely doing credit checks and using simple criteria means that more borrowers can qualify, regardless of their credit history. This is why we have some of the highest approval rates in the industry.
Benefits for Borrowers with Low Credit Scores
Better Approval Chances
Since we rarely do credit checks and use simple criteria, borrowers with low credit scores have better approval chances with us than with traditional lenders.
No Further Credit Damage
When we do credit checks (which is rare), we use soft checks that don’t impact your credit score. This means applying won’t further damage your credit.
Fast Approval Process
We make decisions really fast, so you don’t have to wait. Usually within 30 minutes, you’ll know if you’re approved. This speed applies to all borrowers, regardless of credit score.
Competitive Rates
We’re called TwentyLoans because we almost never charge over 20% interest rate. Even borrowers with low credit scores can access our industry-leading interest rates.
How to Apply with Low Credit
Applying for a loan with TwentyLoans when you have a low credit score is the same simple process as for any other borrower:
Complete our quick application form (most users finish in 3 minutes)
We review your application using our simple criteria
In most cases, we don’t check your credit at all
Get approved within 30 minutes
Receive your funds quickly
Why Choose TwentyLoans for Low Credit Score Solutions?
At TwentyLoans, we believe that everyone deserves access to loans, regardless of their credit history. Our approach of rarely doing credit checks, using soft checks when we do, and relying on simple criteria makes us an ideal choice for borrowers with low credit scores.
We have industry-leading approval rates, and many users who don’t get approved by other companies come to us and find success. Combined with our fast approval process (usually within 30 minutes) and competitive rates (almost never over 20%), we make getting a loan accessible to more borrowers.
Common Questions About Low Credit Scores
Can I get approved with a low credit score?
Yes. We rarely do credit checks, and when we do, we use soft checks. We also use simple criteria that don’t rely solely on credit scores. Many users with low credit scores who don’t get approved by other companies come to us and find success.
Will applying hurt my credit score?
No. We rarely do credit checks, and when we do them, which is not common, we do soft checks that don’t have any impact on your credit rating.
What if I’ve been denied elsewhere?
Many users who don’t get approved by other companies come to us and find success. We have industry-leading approval rates and use simple criteria that don’t rely heavily on credit scores.
What interest rates can I expect?
We’re called TwentyLoans because we almost never charge over 20% interest rate. Our industry-leading interest rates are available to all approved borrowers, regardless of credit score.