What is Credit needed?

Credit needed is the score band a lender wants to see on your file before approving you. A lender asking for good credit turns away applicants with an average or thin file, so a lower score means fewer offers and usually worse terms. 1822direkt asks for good credit on its consumer loan, as do ABA Bank and Absa. Achieve is the softer ask here, taking applicants with fair credit. If your score is low, the wide-range lenders are the realistic shortlist.