BOSTON ( TheStreet) -- More than a quarter of Americans have credit scores of less than 600 (on a scale of 350-800) and most banks these days won't even consider a score below 620 when issuing mortgage loans backed by Fannie Mae (FNM) and Freddie Mac (FRE), according to Fair Isaac Corp. (FIC).But a less-than-stellar credit score doesn't necessarily preclude someone from buying a house or car or from opening a small business. Here are some loan options for the credit-score challenged:
Loan Options for the Credit-Score Challenged
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