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
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.
How big of a loan can you get with excellent credit? ›
Best Personal Loans for Excellent Credit
| Lender | Learn More | Max. Loan Amount |
|---|
| PenFed Credit Union 4.7 | See Offers | $50,000 |
| First Tech Federal Credit Union 4.6 | See Offers | $50,000 |
| Prosper 4.3 | See Offers | $50,000 |
| Wells Fargo 4.4 | See Offers | $100,000 |
7 more rowsIf 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? ›
Note that it is very unlikely you will be approved for an unsecured $100,000 loan with a score below the “good” range, which for FICO is 670 to 739.
What is an excellent credit limit? ›
A good credit limit is around $30,000, as that is the average credit card limit, according to Experian. To get a credit limit this high, you typically need an excellent credit score, a high income, and little to no existing debt.
How much 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.
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.
Example Monthly Payments on a $100,000 Personal Loan
| Payoff period | APR | Monthly payment |
|---|
| 36 months | 15% | $3,467 |
| 48 months | 15% | $2,783 |
| 60 months | 15% | $2,379 |
| 72 months | 15% | $2,115 |
3 more rowsSep 10, 2021
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 a high personal loan amount? ›
Personal loan amounts range from Rs. 50,000 up to Rs. 50 lakhs. The loan amount is determined based on factors like your age, income, credit score and job type.
What is the largest loan ever made? ›
The World's Largest Direct Loan Just Landed at Over $2 Billion. 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.
What is the maximum loan for 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.
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.
