Take care of your needs now and gradually repay over time, with a set payment amount that’s easy to fit into your budget
We live where you live – and are ready to help out with personalized care and recommendations
We know you deserve to live well no matter your financial past, so our loan approval process looks at your general ability to repay
The short answer: it depends on the lender! Here at Sun Loan, we understand that your ability to repay isn’t fully reflected in your credit score. That’s why we look at additional factors like employment status and repayment history when making our assessment. That means even those with low credit scores have a fair chance of being approved for a personal installment loan for home updates and repairs.
We do not have a credit score minimum for loan approval. Having a safe home is essential to your family’s well-being and we will work with you to assess your overall ability to repay, even if you have a low credit score.
Our personal installment loans do not have any restrictions on how borrowers can spend their money. Common uses of loans taken out for home repairs are roof repairs, water damage repairs, pest maintenance, and remodeling. However, you are free to allocate your loan funds according to your own personal needs.
As with many other forms of loans, how your credit score will change depends on whether you can consistently repay over time. Since we report to all three major credit bureaus, taking out a loan for home repairs that you pay back in consistent installments can actually help establish your credit in a positive way.