Evening Sun Lending Co. Installment Loans

642 Credit Score Personal Loans

Millions of people have fair to bad credit and have trouble getting loans. We try to make it easy for you to apply for a personal or installment loan if your credit score is around 642.

Our customers use the cash for all kinds of purposes. To get the process started, you can apply right here on our website for free! Just fill out the form at the top of the page.


Useful Information When Applying for Texas 642 Credit Score Loans

What Information is Needed to Complete an Application?

  • Desired loan amount: $500 - $2,500.
  • Your first and last name.
  • Address and zip code.
  • An email address where we can easily reach you.
  • Phone number.
  • Date of birth.
  • Your income after taxes.
  • Social security number.

Then there's just a few more simple questions to check and you're all set! A representative will contact you via phone to provide you a loan quote and complete the processing.

Minimum Loan Requirements for 642 Credit Score Loans

  • Identification like your driver’s license will be needed to confirm you are 18 years or older to sign a contract for a Texas 642 credit score personal loan.
  • Applicants must reside in the state of Texas to be considered for our online personal loans. To meet this condition, you’ll just need to show us something like a current utility bill.
  • We are also looking for proof of your income to confirm that you can make your payments on time.

Choosing an Installment Loan Over a Credit Card or a Payday Loan

If you’re thinking about making a large purchase, you should compare your various financial options.

For example, credit cards can make purchases simple, but most credit card companies charge much higher interest rates than we do.

A personal loan with a credit score around 642 also provides the customer with the whole loan amount upfront, which gives you a lot of flexibility.

Payday loans might be quick to pay out, too, but you could be paying an excessive amount of money in interest. Don't fall into the payday loan trap.

More About a 642 Credit Score

If your credit score falls within the range of scores from 580 to 669, it is considered Fair.

A couple basics about your credit score.

Credit scores such as the FICO® Score are based on your debt-management history, as recorded in your credit file. The scores are basically a summation of the way you've handled credit and bill payment.

Public Information: If bankruptcies or other public records appear on your credit report, they can have severe negative impacts on your credit score.

Recent applications: When you apply for a loan or credit card, you trigger a process known as a hard inquiry, in which the lender requests your credit score (and often your credit report as well).

Length of credit history: Credit scores generally benefit from longer credit histories. There's not much new credit users can do about that, except avoid bad habits and work to establish a track record of timely payments and good credit decisions.

Credit usage rate: To determine your credit utilization ratio, add up the balances on your revolving credit accounts (such as credit cards) and divide the result by your total credit limit.