Comments on: Can you take out multiple personal loans? http://creditopics.com/creditbuzz/credit/can-you-take-out-multiple-personal-loans/ Wed, 07 Dec 2011 22:04:00 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: CanadianBlondie http://creditopics.com/creditbuzz/credit/can-you-take-out-multiple-personal-loans/comment-page-1/#comment-9414 CanadianBlondie Sat, 02 May 2009 16:15:55 +0000 http://creditopics.com/creditbuzz/credit/can-you-take-out-multiple-personal-loans/#comment-9414 Yes, they'll see the other loans. Multiple applications for loans can affect your credit score, which will affect the rate of your loan, so if you need $100K, and they don't want to lend you more than $25K, you might consider putting up some collateral. You should try to ask for the whole $100K from the lender you'd like to borrow from, and see what they need from you in order to lend you the whole amount. Also, banks generally have loan officers with different levels of lending authority; you might need to see the one that has the authority to lend $100K.
Yes, they’ll see the other loans. Multiple applications for loans can affect your credit score, which will affect the rate of your loan, so if you need $100K, and they don’t want to lend you more than $25K, you might consider putting up some collateral.

You should try to ask for the whole $100K from the lender you’d like to borrow from, and see what they need from you in order to lend you the whole amount. Also, banks generally have loan officers with different levels of lending authority; you might need to see the one that has the authority to lend $100K.

]]> By: june e http://creditopics.com/creditbuzz/credit/can-you-take-out-multiple-personal-loans/comment-page-1/#comment-9413 june e Thu, 30 Apr 2009 10:13:58 +0000 http://creditopics.com/creditbuzz/credit/can-you-take-out-multiple-personal-loans/#comment-9413 Yes, why not? you can take 2-3 personal loans There are 2 types of personal loans – secured personal loans and unsecured personal loans. Secured personal loans require you to pledge any of your assets like you house to the lender as collateral. Many people choose this type of loan due to many benefits like lower interest rates, long repayment time and easy terms and conditions. But your asset is under threat if you cannot make timely payments. Your asset can be taken over by the lender and thus you lose the possession of it.
Yes, why not? you can take 2-3 personal loans

There are 2 types of personal loans – secured personal loans and unsecured personal loans. Secured personal loans require you to pledge any of your assets like you house to the lender as collateral. Many people choose this type of loan due to many benefits like lower interest rates, long repayment time and easy terms and conditions. But your asset is under threat if you cannot make timely payments. Your asset can be taken over by the lender and thus you lose the possession of it.

]]> By: cashloaneasy http://creditopics.com/creditbuzz/credit/can-you-take-out-multiple-personal-loans/comment-page-1/#comment-9412 cashloaneasy Tue, 28 Apr 2009 02:34:06 +0000 http://creditopics.com/creditbuzz/credit/can-you-take-out-multiple-personal-loans/#comment-9412 You can get loans easily.Bad credit? No problem.I think the below website helps you.
You can get loans easily.Bad credit? No problem.I think the below website helps you.

]]> By: hondachick http://creditopics.com/creditbuzz/credit/can-you-take-out-multiple-personal-loans/comment-page-1/#comment-9411 hondachick Mon, 27 Apr 2009 04:40:09 +0000 http://creditopics.com/creditbuzz/credit/can-you-take-out-multiple-personal-loans/#comment-9411 well im not experienced but u should appreciate everyones response who give genuine answers. anyways, it depends how much money u earn and which banks u ask loans of. for eg. i got a loan and credit card which i spent quite bit on so i asked for a little finance for my tyres and some other things, and i couldnt even get full amount coz i had those other commitments above. well good luck and let me know if it works coz i want some surgeries too lol
well im not experienced but u should appreciate everyones response who give genuine answers. anyways, it depends how much money u earn and which banks u ask loans of. for eg. i got a loan and credit card which i spent quite bit on so i asked for a little finance for my tyres and some other things, and i couldnt even get full amount coz i had those other commitments above. well good luck and let me know if it works coz i want some surgeries too lol

]]> By: jimmyjohn http://creditopics.com/creditbuzz/credit/can-you-take-out-multiple-personal-loans/comment-page-1/#comment-9410 jimmyjohn Sun, 26 Apr 2009 19:48:39 +0000 http://creditopics.com/creditbuzz/credit/can-you-take-out-multiple-personal-loans/#comment-9410 It's going to be difficult to borrow $100,000. without collateral. I think you can pledge (tie up) your IRAs, other retirement accounts, cash valur life insurance policies, real estate owned or annuities coming in. Applying for four, $25000. loans at the same time might help, but the interest for such a high amount will be high if you have no collateral.
It’s going to be difficult to borrow $100,000. without collateral. I think you can pledge (tie up) your IRAs, other retirement accounts, cash valur life insurance policies, real estate owned or annuities coming in. Applying for four, $25000. loans at the same time might help, but the interest for such a high amount will be high if you have no collateral.

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