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Weatherhead's Timothy Fogarty offers advice on the best personal loans for a 600 credit score

MEDIA | July 25, 2023
STORY BY: EDITORIAL STAFF

Best personal loans for a 600 credit score

WalletHub: Timothy Fogarty, professor of accountancy, offered advice to those trying to find a personal loan with less-than-good credit. “Relatives and friends should be a good option,” he said. “They should know the debtor better than any score captures. If you have to borrow from somebody else, the task is to convince them that the past does not indicate the future. Whereas the mistakes that produced the bad credit score cannot be erased, the circumstances behind them (like insufficient income or non-recurring commitments) may be different.”