Credit cards for a 570 credit score often appear in ads, but the bigger question is: what does a 570 credit score mean for your financial life? If you’re wondering is 570 a good credit score or is 570 a bad credit score, the truth is that 570 is considered poor credit. While this makes it harder to qualify for loans or credit cards, it’s not the end of the road. You still have options for a 570 credit score loan or even a 570 credit score personal loan—but you’ll need to be strategic.
This guide will walk you through what you can and can’t do with a 570 score, the types of credit available, and how to start rebuilding your financial standing.
What Does a 570 Credit Score Mean?
A 570 credit score falls in the poor range (300–579). Lenders interpret this as a sign of risk, which affects approvals, interest rates, and terms.
What lenders may assume at 570:
- History of late or missed payments.
- High balances compared to credit limits.
- Collections, charge-offs, or past defaults.
- Limited or short credit history.
Average U.S. score: 715+
Your standing at 570: Well below average, meaning you’ll likely face:
- Higher down payments.
- Higher interest rates.
- More frequent denials.
Is 570 a Good Credit Score?
- Is 570 a good credit score? → No, it’s below the fair range.
- Is 570 a bad credit score? → Yes, it’s classified as poor.
But poor doesn’t mean permanent. With consistent effort, many borrowers move from 570 to 600+ in 6–12 months.
What Loans Can You Get With a 570 Credit Score?
At 570, lenders will scrutinize your application closely. While many prime loan products are out of reach, some options remain open.
Loan Options:
- Auto Loans: Possible, but expect interest rates of 15–20% or higher. A large down payment improves chances.
- Personal Loans with 570 credit score: Often available from online lenders, credit unions, or secured products.
- Home Loans: FHA loans may still be an option, but stricter income and down payment rules apply.
- Emergency Loans: Fast approval but watch for predatory payday lenders—always compare terms.
⚠️ Warning: A 570 borrower might pay double or triple the interest of someone with good credit.
570 Credit Score Personal Loan Options
Personal loans can help consolidate debt or cover emergencies. But with poor credit, approvals may require extra steps.
Ways to Improve Approval Odds:
- Apply through credit unions: More flexible than big banks.
- Look at online lenders: Some cater to poor-credit borrowers.
- Consider secured loans: Collateral lowers risk for lenders.
- Use a co-signer: Greatly increases approval chances.
570 Credit Score Credit Card Options
When searching for a 570 credit score credit card, focus on products that help you build—not drain—your finances.
Types of Cards You May Qualify For:
- Secured Credit Cards: Deposit-backed, easiest way to rebuild.
- Retail Store Cards: Easier approvals, but watch high interest rates.
- Credit Builder Cards: Designed for poor-credit borrowers.
Unsecured Credit Cards for 570 Credit Score
- Approval is possible, but expect:
- High APR (25%–35%).
- Low limits ($300–$500).
- Annual or monthly fees.
💡 Pro Tip: Start with a secured card, pay it in full every month, and upgrade to unsecured once your score improves.
How a 570 Credit Score Impacts Loan Rates
Interest rates climb as your score falls. Here’s how a 570 compares to higher ranges:
| Credit Score Range | Auto Loan APR | Personal Loan APR | Mortgage Odds |
|---|---|---|---|
| 570 (Poor) | 15–20% | 20–30%+ | Very low, FHA possible |
| 600–650 (Fair) | 8–12% | 12–18% | Some approvals |
| 700+ (Good) | 5–7% | 7–10% | Strong approval odds |
How to Rebuild From a 570 Credit Score
Improvement is possible, but it requires patience and consistent action.
Steps to Take Immediately:
- Pay bills on time: Payment history = 35% of score.
- Reduce balances: Keep usage under 30% of limits.
- Dispute errors: Incorrect negatives can drag your score down.
- Limit applications: Each hard inquiry can lower your score.
- Use secured cards smartly: Always pay in full.
- Consider adding rent/utility data: Some bureaus now count these.
Building Long-Term Habits
Raising your score isn’t just about quick fixes—it’s about changing financial behavior.
Recommendations:
- Budget carefully and avoid unnecessary debt.
- Keep older accounts open (credit age matters).
- Diversify your credit mix gradually.
- Build an emergency fund to avoid late payments.
Key Takeaways
- A 570 credit score = poor, but rebuildable.
- 570 credit score credit card: Start with secured or builder cards.
- 570 credit score loan: Available, but with higher costs.
- 570 credit score personal loan: Possible through credit unions or secured options.
- Is 570 a good credit score? No, it’s poor.
- Is 570 a bad credit score? Yes, but it’s not permanent.
- Improvement takes consistent payments, lower balances, and monitoring reports.
Bottom Line
A 570 credit score isn’t where you want to stay, but it’s a starting point. With consistent steps—on-time payments, responsible use of secured credit, and steady debt reduction—you can move into the fair range within months and unlock better financial opportunities.
👉 Next step: Check your credit reports today, open a secured card, and commit to paying on time. Every small step pushes you closer to financial freedom.
