You can be approved for two Best Egg loans at once as long as the combined loan amount isn’t more than $50,000. Best Egg will also consider other factors, such as your payment history.
Similarly one may ask, can I get a personal loan with 623 credit score?
A 623 FICO® Score is considered “Fair”. Mortgage, auto, and personal loans are somewhat difficult to get with a 623 Credit Score. Lenders normally don’t do business with borrowers that have fair credit because it’s too risky.
Also know, does Best Egg require income verification?
Best Egg Loan Requirements & Application Info
You will need a score of 700 or higher to have a chance of getting the lowest rates. Minimum income: Best Egg does not disclose minimum income requirements. However, for the best rates, you will need an annual income of $100,000+.
Does best egg show up on credit report?
When you apply for a Best Egg personal loan, a soft credit inquiry (or pull) will appear on your credit report. This soft inquiry does not impact your credit score. … If you choose to accept a Best Egg personal loan offer on the other hand, a hard inquiry (or pull) will be generated on your credit report.
We may ask you to connect to your bank or submit documents to help us: Verify your identity and address. Verify your income. Verify a credit score of at least 640.
The entire Best Egg personal loan approval process usually takes 1-3 business days to apply, get approved, and be funded. In some cases, customers could be approved and funded on the same day, but most customers can expect the personal loan process to take just a few days.
For a loan of 50k, lenders usually want the borrower to have a minimum credit score of 650 but will sometimes consider a credit score of 600 or a bit lower. For a loan of 50k or more, a poor credit score is anything below 600 and you might find it difficult to get an unsecured personal loan.