Personal loans can be used to fund everything from a major home repair and debt consolidation to continuing education like a computer coding boot camp. The best personal loan rates are available for borrowers with an excellent credit score or a good credit score.
What is good credit? According to myFICO.com, credit scores range from 300 to 850, and higher scores are better than lower scores. Still, no exact cutoff point separates a good score from a bad one.