You can borrow $1,000 to $100,000+ with excellent credit, depending on what type of loan or line of credit you use to borrow the money. In addition to an excellent credit score, you will need enough income to afford the monthly bill payments along with your other financial obligations in order to borrow a lot of money.
An excellent credit score typically will qualify you for the best rates and highest loan amounts available. Some of the best loans only have credit score requirements of 660, so you should be able to explore lots of options and choose the one that’s right for you.
If you’re interested in a personal loan, the table below outlines loan options with some of the highest borrowing amounts and lowest APRs for people with excellent credit.
Good Personal Loans for Excellent Credit
| Lender | Loan Amounts | APRs | Minimum Credit Score |
| LightStream | $5,000 - $100,000 | 7.49% - 25.99% | 660 |
| SoFi | $5,000 - $100,000 | 8.99% - 29.99% Fixed APR with all discounts | 680 |
| Wells Fargo | $3,000 - $100,000 | 7.49% - 23.24% | 660 |
| USAA | $1,000 - $100,000 | 10.34% - 18.51% | Not Disclosed |
| PenFed | $500 - $50,000 | 7.99% - 17.99% | 650 |
| U.S. Bank | $1,000 - $50,000 | 8.74% - 24.99% | 660 |
Note: Credit score requirements are according to multiple third-party sources
For more information, check out WalletHub’s complete picks for the best personal loans. You can also check to see if you pre-qualify with multiple lenders at once using our free pre-qualification tool.
This answer was first published on 01/31/23. For the most current information about a financial product, you should always check and confirm accuracy with the offering financial institution. Editorial and user-generated content is not provided, reviewed or endorsed by any company.
FAQs
The best personal loans for excellent credit have low rates and amounts from $2,500 to $100,000. Compare multiple loan offers before you choose.
How much money can I borrow with an 800 credit score? ›
With an 800 credit score you may qualify for a personal loan up to $100,000. However, if you have a lot of debt or an unfavorable debt-to-income ratio, some lenders may limit how much they are willing to loan. Most lenders use a variety of factors to qualify borrowers for a loan.
Can I get a 100k loan with an 800 credit score? ›
If you're more interested in a personal loan, you could borrow up to $100,000. The best personal loans for an 800 credit score are from LightStream because they offer $5,000 - $100,000 in funding with APRs of 7.49% - 25.99% and repayment periods of 24 - 84 months.
How much money can I borrow with a 750 credit score? ›
You can borrow $50,000 - $100,000+ with a 750 credit score. The exact amount of money you will get depends on other factors besides your credit score, such as your income, your employment status, the type of loan you get, and even the lender.
What credit score do I need for a $10,000 loan? ›
To increase your chance of qualifying for a $10,000 unsecured loan, you should have a credit score of 600 or higher. Some lenders start their minimum credit score requirements at 600, however, there are some lenders that require a credit score in the high 600s or low 700s.
Can you get denied a loan with an 800 credit score? ›
Applicants with “very good” scores (740-799) are having an easier time accessing credit, with 44 percent facing a loan denial. Just 29 percent of applicants with “exceptional” credit (800-850) have been rejected.
How much house can I afford if I make $36,000 a year? ›
If you make $3,000 a month ($36,000 a year), your DTI with an FHA loan should be no more than $1,290 ($3,000 x 0.43) — which means you can afford a house with a monthly payment that is no more than $900 ($3,000 x 0.31). FHA loans typically allow for a lower down payment and credit score if certain requirements are met.
How rare is credit score over 800? ›
According to a report by FICO, only 23% of the scorable population has a credit score of 800 or above.
What credit score do you need for a 200k loan? ›
Generally speaking, you'll likely need a score of at least 620 — what's classified as a “fair” rating — to qualify with most lenders. With a Federal Housing Administration (FHA) loan, though, you might be able to get approved with a score as low as 500.
How much income do I need for a 20k loan? ›
Some lenders state they require stable, consistent income, while others list a minimum income requirement. For example, Discover requires a household income of at least $25,000. Finally, personal loan lenders consider your DTI ratio or your ratio of debt to gross income.
The best personal loans for excellent credit have low rates and amounts from $2,500 to $100,000. Compare multiple loan offers before you choose.
How rare is a 750 credit score? ›
Roughly 48% of Americans had a score of 750 or above as of April 2023, according to credit scoring company FICO.
What kind of home loan can I get with a 750 credit score? ›
With a 750 credit score, you're in the running for pretty much every kind of home loan. FHA loans, VA loans and USDA loans all have much lower minimum credit score requirements, and conventional loans have a minimum credit score requirement of 620.
What credit score is needed for a $300000 loan? ›
The required credit score to buy a $300K house typically ranges from 580 to 720 or higher, depending on the type of loan. For an FHA loan, the minimum credit score is usually around 580.
How much is a $10,000 loan for 5 years? ›
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| Loan Amount | Loan Term (Years) | Estimated Fixed Monthly Payment* |
|---|
| $10,000 | 5 | $207.54 |
| $15,000 | 3 | $463.09 |
| $15,000 | 5 | $313.13 |
| $20,000 | 3 | $617.45 |
13 more rowsWhat is the monthly payment on a $5,000 personal loan?
| Payoff period | APR | Monthly payment |
|---|
| 1 year | 15% | $451 |
| 2 years | 15% | $242 |
| 3 years | 15% | $173 |
| 4 years | 15% | $139 |
3 more rowsDespite those high balances, it's equally important to note that those with high credit scores also have high credit card limits. For those with 800-plus scores, their average credit card limits are $69,346. That's up from the $58,514 average we found in May 2021.
Can I get a $50000 loan with a 700 credit score? ›
You will likely need a credit score of at least 580 for a $50,000 personal loan, along with enough income to afford the monthly payments. Other common loan requirements include being at least 18 years old, having a valid bank account, and being a U.S. citizen, permanent resident, or visa holder.
What is a good interest rate for a personal loan with an 800 credit score? ›
What are rates on excellent-credit personal loans?
| Borrower credit rating | Score range | Estimated APR |
|---|
| Excellent | 720-850. | 12.37%. |
| Good | 690-719. | 14.87%. |
| Fair | 630-689. | 18.40%. |
| Bad | 300-629. | 21.93%. |
Your 800 FICO® Score falls in the range of scores, from 800 to 850, that is categorized as Exceptional. Your FICO® Score is well above the average credit score, and you are likely to receive easy approvals when applying for new credit. 21% of all consumers have FICO® Scores in the Exceptional range.
