If it I have good credit, how could I get a small loan?
I have good credit, but I am currently stretched thin paying on several cards and medical bills at once. I would like to consolidate everything down into one bill. What I need is a loan of like $5,000.
I don't know if banks generally give out such small loans... If not, where should I look?
- Wayne ZLv 73 years agoFavorite Answer
Places that will do a $5000 personal loan:
- American Express Personal Loans
- Discover Personal Loans
- Citizens Bank Personal Loans
- Marcus by Goldman Sachs
I have personally used the top three over the years. However, I was pre-approved.
- Casey YLv 73 years ago
Most banks don't give tiny loans like this.
If you aren't able to pay off these bills on your own, how can you pay back the loan used to pay them off??? Do you see the problem here?
- David 14Lv 73 years ago
Have you asked your bank?
- SumDudeLv 73 years ago
You have already been given small loans - by the cc companies. Try your bank, MAYBE a new cc with an interest free period, then your parents. Otherwise, just keep making payments on time.
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- babyboomer1001Lv 73 years ago
If you have collateral - a house, they will likely give you the loan. If you do not, you are not likely to get a loan with debts outstanding and little way to pay back the new loan.