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
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.
How big of a loan can you get with excellent credit? ›
Summary: Best Personal Loan for Excellent Credit
| Company | Forbes Advisor Rating | Loan amounts |
|---|
| SoFi® | 4.0 | $5,000 to $100,000 |
| LightStream | 3.5 | $5,000 to $100,000 |
| Discover | 3.5 | $2,500 to $40,000 |
Jun 11, 2024
If you qualify for a loan and can afford it, there isn't necessarily a limit to how much you can borrow with an 800 credit score. You may be able to take out: A personal loan for $100,000. A car loan for $250,000.
Can I get a 100k loan with an 800 credit score? ›
To qualify for a $100,000 personal loan, you'll need a credit score of 720 or above and a high income. Large unsecured loans tend to be expensive because they have high interest rates and long loan terms.
Can I get a $100,000 loan with a 700 credit score? ›
The highest personal loan amount you can usually find is $100,000. While you may qualify for a $100,000 personal loan with a 700 credit score, it's not guaranteed. 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.
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 is an excellent credit limit? ›
If you're just starting out, a good credit limit for your first card might be around $1,000. If you have built up a solid credit history, a steady income and a good credit score, your credit limit may increase to $5,000 or $10,000 or more — plenty of credit to ensure you can purchase big ticket items.
How much house can I afford if I make $36,000 a year? ›
On a salary of $36,000 per year, you can afford a house priced around $100,000-$110,000 with a monthly payment of just over $1,000. This assumes you have no other debts you're paying off, but also that you haven't been able to save much for a down payment.
How rare is an 800 credit score? ›
According to a report by FICO, only 23% of the scorable population has a credit score of 800 or above.
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.
Monthly payments on a $100,000 mortgage range from $600 to $1,000, influenced by interest rates and loan terms. Closing costs for this mortgage typically range from 3% to 6% of the loan amount. Monthly payments consist of principal repayment and interest charges, calculated on the remaining loan balance.
What is a good credit score to get 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.
What credit score do you need to get a $30,000 loan? ›
Requirements to receive a personal loan
This allows them to look at your history from the past seven years and see whether you've typically made payments on time. For a $30,000 loan, you'll typically need a credit score above 600 just to qualify or above 700 to get a competitive rate.
What is the highest personal loan amount? ›
Key takeaways
Some personal loan lenders allow you to borrow up to $100,000. But the amount you qualify for is based on your credit score and financial health. According to TransUnion's Q4 2023 Consumer Pulse Study, the average personal loan debt per borrower has increased to $11,773.
What is the largest loan ever made? ›
U.K. insurance broker The Ardonagh Group has secured the largest-ever loan from a group of private credit funds led by Ares Management, according to a statement by the lender.
How hard is it to get a 50k loan? ›
For a $50,000 personal loan, lenders will likely want to see a strong credit score and history. Requirements vary from lender to lender, but a relatively high credit score may be a prerequisite to qualify for a sizable loan.
How hard is it to get a $30,000 personal loan? ›
For a $30,000 loan, you'll typically need a credit score above 600 just to qualify or above 700 to get a competitive rate. A high enough income: Part of the lender's evaluation of your loan application includes determining whether you can afford the payments.
Can you get a $200,000 personal loan? ›
Since you likely can't get a $200,000 loan from one lender, you'll need to take out multiple loans from a few different lenders to get this amount. The higher your credit score, the more likely you can qualify for the amount you need with the lowest interest rates offered.
Can you get a loan with an excellent credit score? ›
Most lenders will be happy to offer you a home loan. 833 to 1200 (Excellent) – Home loan providers will interpret an excellent score as extremely low risk that you will default on your loan. You will find it easy to get an approval, and you can choose from more options.
