What are the risks associated to an UNsecured small business loan?
Amorican asked: I am working on starting a small business soon. I am financing a big chunk myself but need a small business loan for more than half of the start-up cost.
I have been told by different professionals out there that with my age, credit score, and years of established credit I would easily qualify [...]
How difficult to obtain small business loan?
Would asked: Let’s say I want to start a small investment firm. I have a decent credit score (680-700 FICO) and reasonable outstanding debt (about $9,000 total). I also have a steady job making $55k now. I want to borrow $50,000 to start my side-project. How difficult is it to get [...]
Can I lower my interest on a bank loan?
wladnagirl asked: I have a decent size loan out (about 13 G) from a bank. I see they are charging me a 10% interest rate when my credit score is over 750. That sounds like BS to me. Is is possible for them to lower the rate? What if I threaten to pay off the [...]
Will applying for a bank loan lower my credit score?
Just a Girl asked: I am in the process of raising my credit score, but would like to take out a relatively small bank loan (not apply for a credit card). Would this affect my score in anyway? 10 points for the most thought-out precise answer.
How much do I need to make to get a bank loan?
Ryan D asked: A few months ago I applied for a bank loan of $10,000 to pay off my credit cards. Unfortunetly I was unapproved and recieved a letter saying the reason was “Income insufficient for amount of credit requested.” So how much do I need to make to get a loan? My yearly income [...]
Can i apply for a business loan with excellent credit?
Chris B asked: I have excellent credit with a credit score in the 740’s. Would i be able to attain a loan to buy out part of a business? How hard is it to get a business loan?