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I don't know what country your in, check your loan agreement, and your country laws.

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Wiki User

16y ago

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Can you pay back a loan with the loan money?

No, you cannot pay back a loan with the same loan money.


Legal Procedure to get back a personal loan in US?

Get back a personal loan. Is it in default? Contact loan company or debt collection agency and start making payments.


Can I use a 1099 personal loan to finance my upcoming home renovation project?

No, you cannot use a 1099 personal loan to finance your home renovation project.


What will happen if you become a defaulter of a personal loan in India?

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How can one have a personal loan from a bank?

To have a personal loan from a bank you need to have a bank that you have an account with and a financial advisor at that bank. You'll meet with them to tell them why you need the loan and how you will pay it back.


How can you get a personal loan without a bank account?

You cannot. Banks usually expect an auto-debit instruction from a bank account for the monthly payments for the loan. That can happen only if you have a bank account and so you cannot get a personal loan without a bank account. Banks would ask you to open an account if you want a loan with them.


What happens if a person in India can not pay the personal loan and leaves the city he stays?

The financial institution in which you applied the loan will make a follow up on you ensuring that the loan is paid back if you have any other query related to personal loans then visit creditnation.in/Personal-Loan


What is a secured personal loan?

Secured personal loan is a loan that borrowers applied for. To secure the loan, the borrowers offer their assets such as property, car etc as a form of security or collateral. The assets act as a 'guarantor' to the bank that the borrowers will be able to pay back the loan and its interest. If the borrower fails to pay back, the bank will take and own those assets. I recently came across a personal financing website and I find it useful.Here is the link:http://www.imoney.my/personal-loan/al-rajhi-bank/personal-financing-i


How can one get an aeasy personal loan?

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How can you get out of a car loan without a repossession?

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What happens if you don't pay your personal loan in India and leave the country?

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What is a personal loan lender?

A personal loan lender is a a company that matches those looking for a loan with those looking to make an investment. One can fill in an application at an online site and receive a quote back very quickly.