Credit score loan means how likely a bank or creditor is to give you a loan based on your credit score. Those with poor or low credit scores can find they are completely unable to get loans at all. The average credit score is 680. That is in a range from 350-850. Even before the recession, there were many, many people with poor credit scores. Since the recession, that number has grown. Even those who are able to get a loan are forced to pay outrageous interest rates because their credit score is less than ideal. Not only banks, but retailers who offer credit are turning people down due to their credit score. A credit score loan denial is nothing to laugh at. It is just not a pleasant feeling at all. The good news is that you can, in time, improve your credit score. Some people choose to do this by filing bankruptcy. Bankruptcy does not have all of the negative connotations it once did and people are able to get credit after bankruptcy. The other option is to work with a legitimate credit counseling agency who can help you pay off your creditors in 3-5 years. Neither choice may seem to be the ultimate, but speak to a credit counselor and an attorney and decide which is best for you.