The credit score is one of the key determinants for personal loan approval. Financial institutions look for a credit score above 750 to sanction these loans quickly to borrowers.
Individuals with poor credit score can choose to nominate a guarantor. In case a guarantor is not available, they can opt for other alternative measures to avail a personal loan without a guarantor.
Take the following measures if you have a low credit score and no guarantor –
Adopt the measures mentioned below to improve your credit score –