#loans after bankruptcy
How do you get a post-bankruptcy loan?
Some banks also offer bad credit personal loans, according to GOBankingRates. One advantage of getting a personal loan from a credit union is that they usually offer better interest rates compared to traditional banks. Before they can apply for a loan, borrowers first have to apply to the credit union.
Can I get a loan without a bank account?
Getting a loan without a bank account is not impossible, but the lack of a savings or checking account rules out loans from most traditional lending institutions like credit unions and banks. HowStuffWorks explains that lenders view a consumer’s lack of a bank account as a liability since those who do not have bank accounts are often unable to obtain one due to financial hardship or a bad banking history.
How do you get a payday loan without a bank account?
Getting a payday loan without a bank account typically requires an application, proof of income and additional fees, according to HowStuffWorks. Not all payday lenders lend to customers without a bank account, so customers without one are advised to contact lenders in the area to ask about the policy.
How do I apply for a personal bank loan?
To apply for a personal loan, borrowers should visit a bank or credit union and fill out an application with a loan officer. At a bank or credit union, borrowers can apply for signature loans, collateral-backed loans or even credit cards. Some lending institutions also offer applications online, notes Bankrate.