Personal Loans with a 670 Credit Score
A 670 FICO score sits solidly in the 'fair-to-good' range and unlocks most mainstream personal loan lenders. You are above the cutoffs for LendingClub, Upgrade, Avant, and many credit unions. Rates will not be at the rock-bottom tier, but the lender market is genuinely competitive for 670-score borrowers. Rate shopping is especially valuable at this score.
Why apply here.
- 01Most mainstream lenders accept 670: LendingClub, Upgrade, Avant, Discover, LightStream
- 02Loan amounts up to $50,000 available with qualifying income and low DTI
- 03APRs of 12%-23% are typical - pre-qualify with 3-5 lenders to find the best rate
- 04A co-signer with 720+ can reduce your rate by 3-7 percentage points
- 05Improving to 700 unlocks SoFi, Marcus, and better rate tiers from current lenders
About this loan.
What personal loan rate should I expect with a 670 credit score?+
At 670, typical APR offers from mainstream lenders run 12%-22% depending on income, DTI, loan amount, and term. LendingClub's published data shows 670-score borrowers averaging around 17%-19% APR on 36-month loans. Upgrade quotes similar ranges. Lenders with broader criteria (Avant) tend to quote toward the top of the range. Credit unions with relationship history or low DTI may quote toward the bottom. Pre-qualifying with 5 lenders is the only way to know your actual rate - the spread between best and worst offer for the same borrower at 670 is typically 6-9 percentage points.
Is 670 good enough for a SoFi or LightStream personal loan?+
LightStream states they look at 'good credit' with a long credit history and low DTI - their practical floor is typically 680-700. At 670, LightStream may decline or approve at the high end of their range. SoFi looks for at least a 650 score but focuses heavily on income and cash flow - a 670-score borrower with high income (over $80,000/year) and low DTI has a reasonable chance at SoFi approval. Marcus by Goldman Sachs (minimum around 660) is your best bet among the premium lenders at 670. Apply to Marcus and Upgrade simultaneously to cover both options.
How long does it take to go from 670 to 720?+
A 50-point improvement from 670 to 720 typically takes 6-18 months depending on what factors are limiting the 670 score. Fastest path: reduce credit card utilization below 10% (can add 20-35 points in 30-60 days of reporting); this alone may be enough to reach 700+ without any other changes. If the 670 is held down by a recent late payment or derogatory mark, recovery takes 12-18 months of clean history for the impact to fade. At 720, you access LightStream's best rates (currently 7.49%-9.49%), SoFi at full eligibility, and Marcus at prime pricing.