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QUESTION

What credit score is required to qualify for a loan from Rocket Loans?

ANSWER

20

Rocket Loans, a part of Rocket Companies, typically requires borrowers to have a minimum credit score of 640 to qualify for a personal loan. However, having a higher credit score can increase one's chances of getting approved for a loan and may result in more favorable loan terms, such as lower interest rates or higher loan amounts. It's important to note that while the credit score plays a significant role in the qualification process, Rocket Loans will also consider other factors such as income, employment status, and other credit history information when making a lending decision. Potential borrowers should check with Rocket Loans directly for the most current qualification criteria and to understand all the requirements before applying for a loan.


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04.10.2024
CREDIT SCORE NEEDED FOR ROCKET LOANS
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ROCKET LOANS
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