After bankruptcy, it can be very difficult to get approved for a personal loan, nevertheless, there are some lenders willing to lend to people in such financial difficulties as long as they can provide enough security in order to reduce the risk of missed payments and default which is what worries lender’s the most.

There is no need to despair; someone who has gone through a bankruptcy process can easily get approved for a secured personal loan within certain period of time if able to meet certain requirements. Bankruptcy can be very stressful but finance can still be found during these hard times, you just need to know where to find it.

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personal loan
My car and house arent paid for. What else could I use and what is the max personal loan amount without collateral at a bank with a co signer?
personal loan
I got an offer from Capital one to take out a 10,000 personal loan, requiring no collateral at a pretty high rate. Kinda need the money for moving expenses and feel like I can pay it off well ahead of schedule. But will this be sabotaging my credit?
personal loan
I will probably need to replace my car soon, but I don’t know that I want a traditional car loan because it would require having more insurance, and thus be rather expensive for me. (It’d be about double for me, as I don’t have a spotless driving record). I was wondering if instead I could get a personal loan from the bank, say in the neighborhood of $3-5K and use that for a car thus saving me a bunch of money by not needing collision coverage if I could pay for the car in cash.

Now the questions … is this possible, or is there usually some stipulation that you can’t use a personal loan for a car? What sort of collateral do you usually need for a personal loan? If you have good credit, can you get one w/out collateral? Any info would be greatly appreciated! Thanks!

Debt Consolidation
Do you go thru a bank? A specialist type company? What type of fees? Do they knock down some of your balances? Do they send you a check & you thereby payoff the balances (then just have the one single bill to this new creditor)? Or do they payoff the individual accounts – then merely send you a statement to begin paying? Do they require an asset of yours to apply the loan against (collateral) like IRA’s?

Thanks for your help! Much appreciated!
=)

081707 9:30
** I do not have a home to pull equity from; ex hubby got that (which by the way, he has NOT refinanced the house, so my name is STILL on the title. My ex is a lawyer & claims he does NOT have to refinance to clear my name, but the mortgage company says otherwise).
Marius-your link is just an advertisement for a student loan – un usable. thx.

Debt Consolidation
i live in NY.
its credit card debt.
Debt Consolidation
I have about $6,500 worth of debt, my income after taxes is about 21,000 a year. Most of my creditors have closed my accounts (all of my credit is maxed out). I recently got my FICO score and it is 529 (very, very poor). I have called some companies that specalize in debt consolidation and I have been told that I do not have “enough debt”. I talked to a professional about bankruptcy and was advised against filing because I do not have “enough debt”. I am a renter, and do not have any assets that could be held for collateral. With my credit score being the way it is, and closed accounts on my credit record… what are my options?
Debt Consolidation
I just got married and my husband is in debt about 12 thousand dollars and we want to consolidate..or get a personal loan to pay it off , do we need collateral for either??
Debt Consolidation
I am much in debt. I called the banks, they won’t give me a loan because I have no collateral. They suggested debt consolidation but said I need a large company that is non-profit. I realize this is not the finance section but I am hoping someone here has done this and had good luck. I am hoping to be out of debt as soon as possible. If I could have one monthly payment verses 9 then I could pay more on the minimum. Thanks in advance.
Debt Consolidation
I was wondering if anyone has any information on Debt Consolidation.. And where to find some that are safe and free. I have tried my local banks and I cant get a loan threw them cause i dont have anything to consider collateral..please let me know…