Is it possible to open 2 personal loan the same day?

[wilson382]

Hello Guys,

I need a personal loan for 10k but I don't think Citibank will give me such amount although I had a loan for 4.2k for 1 year and paid as agreed.

My idea is to ask for 5k from citibank and then ask 5k from JpMorgan Chase bank during the same day. I think asking for lower amount i have better aproval chance

and the credit inquiry will not show yet. 

and boom got the 10,000 personal loans

any ideas or advises is greatly apreciated

[CreditDunce]

I would try a CU before a bank....  but

The INQs/HPs will show up immediately.  However, they will only show up on the CRA's each bank pulls.  For example, if Citi pulls EQ and Chase pulls EX and TU, neither will see the others' INQs.  Or if they happen to both pull the same CRA, then the second puller will see the first one.

The TL's will take time to show up on your CR's.   The TL's will probably effect your CS more than the HPs.

[wilson382]

Ohh ok, I just thought inquiries did not show up right away,  anyway I will do with my cu first hopefully they wil approve me if not I will go with citibank since they already gave me 4.2k and I paid as agreed

[Ups77]

 I would apply. I have 2 loans out. I walked into citi bank and they said I was pre ,approved for a 10,000 loan. I think you  will be fine.