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