<p>I’m considering taking out a small private loan to help out with my daughter’s living expenses (we cut it way too close last year) , but my credit is just fair. Does anyone know what credit score they look for as a minimum? All the sites I have visited say that you have to have good credit, but offer no specifics. </p>
<p>Thanks in advance for any help!</p>
<p>Unless you really have a lot of negative accounts on your credit report, I would just apply. If you are a parent you should have at least 7 years of credit. If you both cosign, I believe you should definitely be able to get the loans. Unless you haven’t paid your bills in the past. There is no certain score you need and if it is, it varies company to company.</p>
<p>Thank you for your quick reply. I only have one big negative, and I have disputed it, but its enough to keep my score lower than the average. I’ll try applying for a Parent loan and see what happens.</p>