Question: #1: Personal Loan?
looking for a personal loan to an Autralian resident. Looking to consolidate debts, and am prepared to make weekly, repayments. Any advice or offers appreciated. Not looking for small loans...Cheers
- asked by forplay802
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Question: #2: How can you go about getting a personal loan from a bank? What collateral do you usually need?
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!
- asked by Mike D!
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Question: #3: If I consolidate my student loan with a personal loan can I still write off the interest?
I had a federal student loan which I consolidated about 8 years ago to someone who eventually sold that loan to Citibank. I pay about 8.35% in interest. I am considering paying off that student loan with a personal loan where I can get a better interest rate. If I do this will I still be able to write off the interest I pay on my taxes?
- asked by Emily
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Question: #4: How do I get a personal loan with bad credit?
I am looking for a personal loan, but my credit is not good. I don't want a payday loan but that is all I find on the internet when I type in personal loans for people with bad credit. Do you know any lender who will give loans to people with bad credit? I don't really care to much about the interest rate. I just would like the loan to pay off some stuff and get some new things I need around my house. But I don't own a home, so I can get a home loan.
- asked by Pehsha P
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Question: #5: How does the personal loan from banks such as Bank of America or Citibank work?
I just received an offer to apply for a personal loan for up to 35,000 with Bank of America and for up to 5,000 with citibank. I actually need no more than 7,500. The interest rate is between 9,97 and 27,88 based on credit worthyness. I will like to know how it works. I'm hesitating between that and applying for a credit card. My credit score is fair (650). A friend advised me to go for the loan because it's a guaranteed fixed interest. But since I've never done it b4 I will appreciate some more advice. Thanks Much.
- asked by BeBeAdY
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Question: #6: How do you obtain a personal loan from a bank?
I need a personal loan to pay off my bills and basically just get caught up financially, and is considering going to a bank and asking for a personal loan for the first time. Other than student loans, car loans, and check-n-go stores, I've never went into a bank to ask for money because I didn't think I would qualify. Now I need to know what the whole loan process would require from me.
- asked by juicy
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Question: #7: Is a loss from a personal loan the same tax category as a loss from stock investments?
I loaned a friend some money several years ago to help start a business, and the business failed and I was not repaid for the loan. I also, the same year, had losses from other investments (in the stock market). My understanding is that I can only deduct $3000 in investment losses for that year. Is the personal loan in the same category as the other investments -- in other words, does it count as part of the $3000 limit? Or is there a way I can claim that loss separately? Thanks!
- asked by Jan R
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Question: #8: How do I go about getting a personal loan when I have no credit?
I am 18, just getting prepared to go to college, and I have no credit whatsoever. I don't need student loans because my dad pays for my school. However, my boyfriend and I live together and we just bought $1500 worth of furniture from his brother. Now, we were supposed to stick to a payment plan since we don't have a huge income, but they want the money now. My boyfriend is just going through bankruptcy so he cannot get a loan of any sort. How can I go about getting a personal loan to pay them off? We are both employed so I am not worried about paying it off, I am clueless as to how to even get the loan if I can. Any and all help would be appreciated. Thanks!
- asked by Aimee M
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Question: #9: Can personal loan interest be tax deductible if you use the loan to buy property?
If you get a conventional mortgage, your interest is tax deductible. If I take out a personal loan to buy my primary residence, can I deduct interest from that personal loan when I file my taxes?Thanks.
- asked by gabyrig
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Question: #10: How much is the interest rate for Personal Loan and Car loan in Dubai banks?
How much is the interest rate for Personal Loan and Car loan in Dubai banks?What is the maximum available tenure for expats?
- asked by sandeep n
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Question: #11: I need a guaranteed personal loan for people with bad credit. Not a payday loan either, anysuggestions?
I do not want a payday loan, but need a personal loan and have bad credit. I am actually planning on taking the cash and paying off my 3 current credit cards (total is $2k) and rebuilding my credit that way. Any suggestions? And please do not say prosper cause all that did was make me keep requesting and noone ever assisted.
- asked by Alyssa B
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Question: #12: How can I get a personal loan for 4 thousand dollars without collateral?
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?
- asked by Amy Dean
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Question: #13: In my Canadian personal taxes, how do I account for a personal loan I made to an incorporatedcompany?
During 2007, I made a loan (Canadian $) to an incorporated company in Canada. How do I account for this in my personal income tax? Can I deduct this money from my income?
- asked by gpapayia
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Question: #14: Is it better to consolidate debt into an existing personal loan than have credit cards and apersonal loan?
Hope this makes sense. Just after some serious advice on whether I should consolidate all my credit cards again into an existing personal loan. Also not looking for lectures, I've learned my lesson.please note I'm in Australia so interested only in Australian financial advice that is relevant for me
- asked by Mister Avatar
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Question: #15: Is it possible to combine my personal loan with a mortgage?
I have a personal loan with the bank for £15,000. I want to get a property, but I know I won't be able to get a mortgage and pay the loan at the same time. I therefore wondered if it would be possible to incorporatre the loan into the mortage, so I basically add £15000 onto the mortgage. What do you think?
- asked by MJ
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Question: #16: What are my chances of getting a personal loan?
Hi, I am a non-us resident with an H-1B, with no debt right now making 60K a year renting an apartment with a 93 toyota car. I am able to save $1500 a month. I would like to apply for a personal loan of about $25000 to repay a loan I took back in my country where is interest rate is extremely high and I am wondering what you guys think about my chances. Question two would be is there any not-for-protfit agencies that can help me with choosing the best loan. PReferably it is not online. Third question is can I get a car loan and then not buy a car and use it for other purposes?Thanks
- asked by axr
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Question: #17: What is a good intrest rate for a personal loan?
I took out a personal loan from a credit union for $4000. The intrest rate is 9.9% and I have 5 years to pay it back. Did I get a good deal? My credit is in excellent condition, I have never been late on a bill and I have one student loan bill already pain in full.
- asked by joyce
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Question: #18: How long does it usually take for a personal loan to be approved?
My partner and I submitted the final documentation yesterday and the finance company was quite vague about how long it will take for them to find a lender and approve the loan. They have told us 'up to ten days' which sounds fairly long. Does anyone have previous experience with obtaining a personal loan and can shed some light on how long we can expect to wait. Ideally, we would like to have the money within a few days. We have clean credit history.
- asked by Binki26
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Question: #19: Where is the best place to borrow a personal loan from?
I plan on purchasing a new car, but my bank (wamu) does not offer personal loan, so i wonder where else i can find a personal loan with the least interest. Citi bank offers a loan with APR 10.5 %. Is is consider low?
- asked by thespaceofmyheart
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Question: #20: How can I get bad credit personal loan in australia?
I am full time student in need of a personal loan. I do not have a good credit rating. Looking for a loan of $1500-$2000. Can anybody help?
- asked by Karen M
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Question: #21: Where I can find unsecured personal and business loan lender that work with loan broker ?
I call some banks but they told me that clients need to be present at the bank and apply by their self. is it legal to apply personal loan online on behalf of client and by their authorization ?Thanks for answer !
- asked by needanswer
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Question: #22: Can I get a personal loan with a recent foreclosure on my credit?
I have about $6000 in credit cards and two car loans that equal $36,000. I would like to refinance my car loans and pay off my credit cards. Do you think anyone would give me a personal loan with a recent foreclosure on my credit?
- asked by Natalie M
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Question: #23: Can personal loan be taken after discharge from bankruptcy?
My friend was discharged some 4 years ago. Is it possible for her to take a personal loan? Will getting rid of credit cards be feasible or a bad idea?
- asked by Laura
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Question: #24: Do personal loan underwriters spend a lot of time verifying income or do they rely on credit score?
Do personal loan underwriters spend as much time as mortgage loan undertwriters verifying income? I know mortgage loan underwriters spend days checking a loan and have tools to check docs. Do personal loan underwriters follow the same guidelines?
- asked by Daniel G
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Question: #25: How can I get a personal loan for 5000 and don't have a credit history?
I need a personal loan for 5000 to pay off some of my bills. But is having a hard time because some lenders say I have no credit history. But their is a gas bill that isn't mind on my report.
- asked by me-me31
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Question: #26: Where can I obtain a personal Loan for in between credit?
My credit score is about a 530 and I dont have any credit for the past 2 years,. Having a hard time trying to get a credit card or a personal loan to rebuild my credit. Any ideas would be greatly appreciated.
- asked by chevroletgal06
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Question: #27: How will taking out a personal loan affect my credit?
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?
- asked by Reedrock
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Question: #28: Where can I get a personal loan for a very low ineterest rate?
I want to get a personal loan for about $5000.00 and want a low interest rate. The banks are around 12%, which is too much for me to pay back a month. Does anyone have any suggestions?
- asked by Dawn R
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Question: #29: What are the current interest rates for a personal loan of $21,000 what would be the monthly paymentand time?
Can you get a personal loan for 4 or 5 years? If the loan will be be used for home improvement is it best to get that type of loan? Just need help in making a decision. Specific advice requested.
- asked by superstar
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Question: #30: Is it wise to take up a personal loan in order to start saving?
I'm currently thinking of opening a Euro account for savings. Saving from my paycheck every month hasn't been an easy option as it is easily spent on something else. I was thinking if I took up a personal loan to start up a savings account (for future use) I would be obliged to really deduct this from my paycheck.. since I would be paying up the loan monthly. Any thoughts, anyone?
- asked by brytfuture45
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