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That depends on many conditions.
What are you borrowing money for?
What is your collateral?
Have you a track record?
Do you have a job?
How many years have you work without stop?
How much inetrest are you willing to pay?
First, never borrow money unless you must. New cars are never a must btw. They are a want. No human MUST have a new car. They are proof of foolish investments. Buy a reliable car, but never new unless you can afford to waste money.
Second, have at least 20% down. If you are buying something that you must own and really need today make sure you have a fair amount of equity in the device. Homes are an example of good investing.
Third, do not pay anymore interest then you must. 6% is plenty. Makes no difference what the loan is, never pay more then 6%. If you are paying more then that, you probably bought something you wanted, not needed.
You do not need a loan to obtain a credit score. Paying any bill on time helps increase your credit score. Having credit cards helps your score. Not using them helps more. You can obtain credit scores in the 800's with never having a loan or paying a penny of interest. Paying your utility bill increases your score.
What else can I help you with?
What do I need for a loan pre-approval?
To get a loan pre-approval, you typically need to provide proof of income, employment verification, credit history, and personal identification.
What are the requirements for obtaining a guarantor personal loan?
To obtain a guarantor personal loan, you typically need a guarantor with good credit and stable income to co-sign the loan agreement. The guarantor is responsible for repaying the loan if the borrower defaults. Additionally, the borrower must meet the lender's credit and income requirements.
How can I make a personal loan?
To make a personal loan, you can approach a bank or credit union and apply for a loan. You will need to provide information about your income, credit history, and the purpose of the loan. The lender will review your application and determine if you qualify for the loan. If approved, you will receive the funds and will need to repay the loan according to the terms agreed upon.
What are the eligibility requirements for a Sallie Mae personal loan?
To be eligible for a Sallie Mae personal loan, you typically need a good credit score, stable income, and a positive credit history. Meeting these requirements can increase your chances of approval for a loan.
How can I hire a cosigner for a personal loan?
To hire a cosigner for a personal loan, you need to find someone with good credit and a stable income who is willing to guarantee the loan if you are unable to repay it. This person will need to fill out an application with you and provide their financial information to the lender. It's important to choose a cosigner carefully, as they will be responsible for the loan if you default.
How much of a stated income do I need in order to take out a loan?
The amount of your income dependson the loan size you need. Contact your local banks for guidelines.
What do I need for a loan pre-approval?
To get a loan pre-approval, you typically need to provide proof of income, employment verification, credit history, and personal identification.
What are the requirements for obtaining a guarantor personal loan?
To obtain a guarantor personal loan, you typically need a guarantor with good credit and stable income to co-sign the loan agreement. The guarantor is responsible for repaying the loan if the borrower defaults. Additionally, the borrower must meet the lender's credit and income requirements.
How can I make a personal loan?
To make a personal loan, you can approach a bank or credit union and apply for a loan. You will need to provide information about your income, credit history, and the purpose of the loan. The lender will review your application and determine if you qualify for the loan. If approved, you will receive the funds and will need to repay the loan according to the terms agreed upon.
What does one need to get approved for a home lender loan?
To get approved for a home lender loan you need to do the following things: fill out an application for the loan with valid and honest personal information, have a stable income, and a solid credit history.
What are the eligibility requirements for a Sallie Mae personal loan?
To be eligible for a Sallie Mae personal loan, you typically need a good credit score, stable income, and a positive credit history. Meeting these requirements can increase your chances of approval for a loan.
How can I hire a cosigner for a personal loan?
To hire a cosigner for a personal loan, you need to find someone with good credit and a stable income who is willing to guarantee the loan if you are unable to repay it. This person will need to fill out an application with you and provide their financial information to the lender. It's important to choose a cosigner carefully, as they will be responsible for the loan if you default.
Are personal cash loans considered taxable income?
I'm in need of business loan for buying a house and oven and floor and some other stuff
What information does the dealership need for me to fill out their auto loan forms?
In order to apply for an auto loan, you will need your personal information such as your name, social security number, income details. You will also need to provide your employment details.
What are the eligibility criteria for obtaining a personal loan in the UK?
To obtain a personal loan in the UK, you typically need to be at least 18 years old, have a regular income, and a good credit history. Lenders will also consider your employment status and ability to repay the loan.
What are the eligibility requirements for obtaining a short term personal loan?
To obtain a short term personal loan, you typically need to have a steady income, a good credit score, and be at least 18 years old. Lenders may also consider your employment status and debt-to-income ratio.
How can I obtain a personal loan?
To obtain a personal loan, you can apply through a bank, credit union, or online lender. You will need to provide information about your income, credit history, and other financial details. The lender will review your application and determine if you qualify for the loan. If approved, you will receive the funds and will need to repay the loan according to the terms agreed upon.
