📊 Personal Loans for Fair Credit —
Personal Loans for
Fair Credit — Scores 580–669
Fair credit is not bad credit. Scores of 580 to 669 qualify for rates of 20% to 29% APR — far better than bad credit rates. 300+ lenders compete for your application. Apply free in 2 minutes. No hard pull.
Check My Fair Credit Rate Free →
✓ Scores 580–669 · ✓ Rates from 20% APR · ✓ 300+ lenders · ✓ No hard pull
Home › Personal Loans for Fair Credit
Last updated: · Reviewed by Money247 Editorial Team
Fair credit sits between bad credit and good credit — and it gets significantly better loan options than bad credit. A score of 580 to 669 qualifies you for rates of 20% to 29% APR at Money247.com — compared to 29% to 36% for bad credit borrowers. 300+ lenders compete for fair credit applications. One 2-minute soft-check application reaches all of them simultaneously.
Where Fair Credit Sits — Credit Score Context
300–579Bad Credit29–36% APR
580–669⭐ Fair Credit — You20–29% APR
670–850Good / Excellent7–20% APR
Fair Credit Personal Loan Rates — What to Expect
669 — Top Fair20%–22%~$372/mo✓ Great
620–650 — Mid Fair22%–26%~$389/mo✓ Good
580–619 — Low Fair26%–29%~$407/mo✓ Solid
579 — Bad Credit29%–36%~$440/moHigher
3 Ways Fair Credit Borrowers Get the Best Rate
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Let 300+ lenders compete at Money247.com. Fair credit borrowers benefit most from lender competition. One soft-check application reaches 300+ lenders simultaneously — they compete to give you the lowest rate available for your specific 580–669 score.
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List every income source. Fair credit with strong income qualifies for rates closer to the good credit range. Employment, gig work, benefits, rental income — every dollar of income pushes your offer quality up.
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A few points can unlock a much better rate. Moving from 580 to 620 can save 4% to 6% APR. Pay down any credit card balances below 30% utilization before applying — this alone can raise your score 20 to 40 points within one billing cycle.
Key Facts — Fair Credit Personal Loans
580–669Fair credit score range
20–29%Typical APR for fair credit
300+Lenders competing for fair credit
Same DayDeposit — apply before 2 PM weekday
Best Personal Loans for Fair Credit —
⭐ #1 Best for Fair Credit — Money247, 300+ Lenders
Money247 — Fair Credit Specialists, 300+ Lenders
580–669 Score20–29% APRSame-Day
580+Score Accepted
20–29%Fair Credit APR
Same DayDeposit
Why it's #1 for fair credit: 300+ lenders receive your single soft-check application simultaneously — all competing to give you the best rate for your 580–669 score. Fair credit borrowers get significantly better rates than bad credit borrowers at 20% to 29% APR. Same-day deposit. No hard pull during comparison. The most lenders per application of any service available.
580–669 scores fully covered
Rates from 20% APR
300+ lenders competing
Soft check only
Same-day deposit available
Builds credit score monthly
$500 to $50,000
All 50 states served
Check My Fair Credit Rate Free →
Frequently Asked Questions
Can I get a personal loan with fair credit?+
Yes. Fair credit borrowers with scores of 580 to 669 have strong options at Money247.com. Rates typically range from 20% to 29% APR — significantly better than bad credit rates. One 2-minute application reaches 300+ lenders. Soft check only. Same-day deposit available.
What is considered fair credit?+
Fair credit is typically a FICO score between 580 and 669. This range sits between bad credit (below 580) and good credit (670 and above). Fair credit borrowers have access to most online lenders at Money247.com at rates of 20% to 29% APR.
How can I improve from fair to good credit?+
Pay down credit card balances below 30% utilization — this raises your score fastest. Make all payments on time. A personal installment loan from Money247.com reports positive payment history monthly. Most fair credit borrowers can reach good credit (670+) within 6 to 12 months of consistent effort.
Will applying affect my credit score?+
No. Checking your rate at Money247.com uses only a soft credit inquiry which does NOT affect your credit score.
Fair Credit? — Check Your Rate Free
300+ lenders competing for your 580–669 score. Rates from 20% APR. Soft check only. Same-day deposit. Free to check in 2 minutes.
Check My Fair Credit Rate Free →
Disclaimer: Money247.com is a loan matching service, not a direct lender. Loan approval is not guaranteed. Rates vary by lender and applicant profile.
Fair Credit Gets Better Rates —
Check Yours Free Right Now
Scores 580–669. Rates from 20% APR. 300+ lenders competing. Soft check only. Same-day deposit. Free to check in 2 minutes.
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