You may already have heard that people with a credit score under 550 almost always get rejected for loans of any kind. (creditscrubs.com)
There are thousands of people who can not qualify for a credit card or for a bank loan of any kind. (think-creditcards.com)
A poor credit score or the lack of credit history can make it difficult for an individual to obtain a personal loan of any kind because he is deemed a high - risk investment. (sapling.com)