The meaning for loans credit may be the amount that is loaned. A primary purpose for a loan is perhaps to improve the home, replacing old appliances, and to generally add value. Another purpose may be to purchase a new car, or even for a holiday.
Consumer Loans
Personal loans can be used for any purpose.
The purpose of the Grameen Bank is to provide microcredit loans, especially to women.
Personal loans, also known as any purpose loans, can be done at any bank. But approval for that loan is subject to your credit score and debt to income ratios.
To give credit to the original source
Pioneer Credit Union offers auto loans, mortgage loans, home equity loans, home equity lines of credit, student loans, personal loans and business loans.
Five common forms of credit are credit card loans, auto loans, mortgage loans, installment loans, and home-equity loans.
Some types of loans that may require a cosigner include student loans, personal loans, and auto loans. A cosigner is typically needed when the primary borrower does not have a strong credit history or income to qualify for the loan on their own.
Tenant loans are unsecured loan for people with bad credit or no credit. There are different kinds of tenant loans, private tenant loans, bad credit tenant loans.
One can get credit loans for their car by applying for it at companies such as Pioneer Military Loans, Hans Harle Loans, Futurity, SV Koenigsbach Loans or Bad Car Credit.
In the USA, Parent PLUS loans are based on credit. Graduate PLUS loans are not based on credit. So, if you are taking the loans out for your kids, then yes the loans are based on your credit score. If you are taking the loans out for yourself for graduate studies, then it does not matter what your credit rating is.
Generally speaking no. Cosigners are needed for a purpose, and most often it is because the primary debtors has bad credit.