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Possible for me to get a $10,000 loan?

cajunboy2208
New Contributor

Possible for me to get a $10,000 loan?

I plan on going through my bank.

I am just trying to erase my debt completely and save about $400 a month.

 

I currently have a loan from my bank. Originally was 3000 borrowed in August on a signature loan, I owe less than 500 now, and will pay it off on the 15th.

I would like to get another signature loan from them, for $10,000 over 7 years.

I am not sure if they will go that high with me, I am positive I can get 6,000 though.

My fico is only 632. The only 2 negatives I have are from 06, which are medical.

 

I have 2 car loans out, remaining balance is $15000

About $2000 in credit card debt over 5 cards.

And 3500 in student loans(so far), which arent due until I complete college in another 2 years.

 

My income isn't much anymore since I quit working in the plants to attend college. I am only making about $1600 a month.

So, your thoughts?


Starting Score: 577 01/10/2010
Current Score: 660 07/06/2012
Goal Score: 720


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3 REPLIES 3
gbishere
Established Contributor

Re: Possible for me to get a $10,000 loan?

What bank? Not sure your ficos are low. Maybe a credit union? 

__________________________
01/11/2011: FICO:TU: 746
12/14/2010: FICO:EQ: 744
08/12/2011: FICO:EXP: 766
Message 2 of 4
cajunboy2208
New Contributor

Re: Possible for me to get a $10,000 loan?

Hancock Bank Its a southern region bank... Been with them for over 8 years.

Starting Score: 577 01/10/2010
Current Score: 660 07/06/2012
Goal Score: 720


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DI
Super Contributor

Re: Possible for me to get a $10,000 loan?


@cajunboy2208 wrote:
Hancock Bank Its a southern region bank... Been with them for over 8 years.

You should talk with them before you apply and possibly carry a copy of your credit reports with you before wasting an inquiry. 

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