Monday, February 14, 2011

can i get a bank loan if i dont work and collect disability from the gov


can i get a bank loan if i dont work and collect disability from the gov?
i need a lot of money for my pregnant lover in peru and to do business there. what the hell is excellent credit and collatoral? can someone speak english please?
Personal Finance - 2 Answers
Random Answers, Critics, Comments, Opinions :
1 :
You can get a loan if you have any income coming in. Just have to prove it. But, to get a personal loan you need excellent credit and collateral, so they have something.
2 :
If you don't own any property that could be used for collateral (house, car) then the answer is no they will not give the loan