 TITLE: What Credit Score Is Needed for a Personal Loan? CONTENT: Personal Loan Alternatives\n--------------------------\nIf you're unable to get a traditional personal loan, you may be able to bridge your need for cash via one of these alternatives:\n*   **Credit card cash advance**: Many credit cards let you borrow cash at ATMs by entering a special personal ID number (PIN) along with your card. This can be a convenient way to get money fast, but card issuers typically charge interest rates on advances that are even higher than the ones they apply to standard purchases.\n*   **Peer-to-peer loans:** Web-based lending sites that compete with traditional financial institutions don't always check credit scores, but they do typically require evidence of income and other assets that can make loan approval difficult for those with a limited credit history or poor credit scores. It's worth investigating these sites anyway, especially if you keep the loan amount small (under $5,000).\nIf other options fail, consider a debt management plan (DMP). Under a DMP, you work with a certified credit counselor who may negotiate with your creditors to accept less than the total amount(s) you owe. Participation in a DMP entails closing all of your credit card accounts, and it is noted in your credit reports. Because lenders view it as a severely negative event, pursuing a DMP can hinder your ability to borrow money for several years afterward.\nAccess to a personal loan when you need one (or even when you just want it) is one of the many benefits of establishing and maintaining a healthy credit score. When you think you're ready for a personal loan, explore the offers matched to your credit profile with Experian CreditMatch™. END