Home Loans

There used to be help from the FHA with a score of 460. This is no longer true, as they desire a score of 550 or more now. You can find a mortgage lender willing to help by asking your Realtor for sub prime lenders. Consumer credit counseling agencies may be able to point you in the right direction.

Unsecured Credit Cards

There are unsecured credit cards available for people with a 460 credit score. Check with consumer credit counseling for help with this search. Also, many lenders, even if they cannot help, will refer you to someone who can.

Secured Credit Cards

Secured credit cards are offered by many credit card companies and are available to people with a 460 credit score. You first make a deposit on the card, possibly pay an annual fee and are then issued a credit card with a designated limit. Getting and paying these types of cards on time can build your credit score.

Personal Loans

There is a wide variety of lenders willing to make personal loans to people with credit scores as low as 460. Investigate several companies that do this type of business and get the best deal possible, as these lenders will compete for your business.

Warning

Be aware that in most cases, a person with a 460 credit score will pay higher interest rates than people with good credit scores. This makes it even more important that you compare companies to get the best possible rates.

Source:

WebRing: AA1- Bad Credit Cards For People With Poor Credit Scores

LendersMark: Consumer Lending And Personal Credit Guide