Yes, you are eligible for a loan against property if your credit score is under 600. If you have a house or a piece of property, you can use it as collateral to get a secured loan. The interest rates on secured loans are usually lower than personal loans but can be higher than normal if you have a credit score under 600. Most banks will consider you as a potentially risky client and thereby hike up the interest rates on your loans. If you have a stable job with a reputed company, it can help to bring down the interest rate offered by the bank. If you have a low credit score, it is something you should look into as a low credit score could potentially harm your credit choices in the future so you should take efforts to improve your score at the earliest.