The Best Personal Loans For a Credit Score of 580 or Lower

Your chances of getting approved for a personal loan with a lower interest rate are a lot better if you have a good credit score.

But even if you have fair or bad credit, there are options. Some lenders approve loan applicants with credit scores below 580, allowing them to cover medical bills, household repairs, debt consolidation and other needs.

CNBC Select has chosen the best personal loan lenders for applicants with a credit score of 580 or below, based on rate, terms, fees, flexible repayment options and other factors. For more about how we made our choices, read our methodology below.