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How to Get a Personal Loan/Questions
| Subject | Date Asked | Expert |
| Getting Credit | 5/7/2007 | Joe Montgomery |
| Q: I want to apply for a personal loan, but my credit is about a 580 and I want to pay something off my ... A: The only real way to do this would be to take out a personal loan, however the issue would be that ... | ||
| Personal Loan with Furniture as collateral | 5/7/2007 | Joe Montgomery |
| Q: I wanted to know if it is possible to get a personal loan for around $5000 to $8000 with sub 500 ... A: The answer is most likely no. I know there are some companies out there that offer $5,000 to ... | ||
| I want a loan for a keyboard | 5/6/2007 | Joe Montgomery |
| Q: I want to get a loan for a keyboard that coast about $3500.00 I have a full time job and one car ... A: Loans of this type are typically made through a local credit company, and often are similar to a ... | ||
| Debt Consolidation | 5/5/2007 | Joe Montgomery |
| Q: Me and my wife recently purchased a truck at 15.74% on a 13000 loan. Our credit score is around ... A: The problem with using your home for a debt consolidation is that unless you have owned your home ... | ||
| credit consolidation | 5/5/2007 | Joe Montgomery |
| Q: I have about three credit cards that I want to consolidate into one with the total balance of $7500. ... A: This is a very common situation these days, and once you get some bad credit reporting, or a little ... | ||
| Personal Loans | 5/3/2007 | Joe Montgomery |
| Q: I have a fair to good credit score, I have been trying to get a 15000.00 personal loan and can not ... A: I would recommend you contact the most reputable Credit card company you have and inform them that ... | ||
| Question about personal loans | 5/2/2007 | Joe Montgomery |
| Q: I have a vehicle that I want to take out a personal loan for to pay it off so I can sell it outright ... A: Most banks do not make loans to pay off a car loan without taking a lien on the title. If someone ... | ||
| personal loan after bankrupcy | 5/2/2007 | Joe Montgomery |
| Q: I am about 8 months post bankruptcy how do I get a personal loan for 7000.00 my credit is bad. I now ... A: The hard truth is that you will most likely NOT get the loan you are looking for. Most lenders want ... | ||
| Have no where to turn | 5/1/2007 | Joe Montgomery |
| Q: My credit score is 537. I have a couple of charge offs and some last payments on some closed ... A: There are a lot of places that will offer you short term loans, or "Payday" loans as they are ... | ||
| Consolidation loan - $35K | 5/1/2007 | Joe Montgomery |
| Q: I'm trying to consolidate my bills and I'd like your opinion on the best way to do this. My FICO avg ... A: There are a couple of options available for you, and depending on how severe your need is, and how ... | ||
| I need a loan. | 4/30/2007 | Joe Montgomery |
| Q: I need a personal loan of about 5000.00, I have good credit, but I do not work I am a student. My ... A: If your husband will not co-sign the loan with you, you cannot qualify for the loan. The reason for ... | ||
| Getting a personal loan for a car? | 4/30/2007 | Joe Montgomery |
| Q: Here's my situation...Unfortunately, I'm preparing for the possibility of getting kicked out of my ... A: If you don't have an established credit history, you will most likely not be able to qualify for a ... | ||
| Having a co-signer but bad credit | 4/30/2007 | Joe Montgomery |
| Q: I have a good co-signer, but my credit score is about 400's. What is a best way and what kind of ... A: I would recommend you get a personal loan secured with one, or both of your vehicles. Usually ... | ||
| Collateral For Secured Personal Loan | 4/28/2007 | Joe Montgomery |
| Q: I am your typical credit-rating challenged and desperate consumer looking to re-establish my credit ... A: Some lenders will, but to be honest, this is not a common practice. Additionally, this has to be a ... | ||
| Personal Loan Dilemma | 4/26/2007 | Joe Montgomery |
| Q: I read the advice on other questions and am looking forward to hearing your advice on my matter. I ... A: I would be very cautious with loans like this, as they are not subject to most state or federal ... | ||
| Personal Loan Dilemma | 4/26/2007 | Joe Montgomery |
| Q: I read the advice on other questions and am looking forward to hearing your advice on my matter. I ... A: Sebastian, The first problem you are going to run into is that lenders aren't going to want to lend ... | ||
| Loan for business | 4/25/2007 | Joe Montgomery |
| Q: I currently own 3 houses and by the end of this year I will own 11. All the houses will have at ... A: You are looking for more of an investor type mortgage, which will really only work if you have set ... | ||
| bad credit personal loan | 4/19/2007 | Joe Montgomery |
| Q: I am thinking about looking into getting a personal loan. I am not sure where to start. I don't have ... A: The problem that most people find in your position is that even though one loan to pay off all your ... | ||
| Personal Loan for non university education | 4/18/2007 | Joe Montgomery |
| Q: I was looking at your replies and it appears you're the most knowledgeable on the topic. I have a ... A: Based on what you've told me, you have a good shot at this, but I would even suggest that if the ... | ||
| Getting a personal loan to pay of debt | 4/17/2007 | Joe Montgomery |
| Q: I am going through a divorce, I have credit cards in my name that I haven't paid in about 8 months ... A: That would all depend on if you are now employed, and what type of employment, full-time, part-time, ... | ||
| how to get a personal loan | 4/16/2007 | Joe Montgomery |
| Q: im 18 and i just been working casual for at least 2 months can i get a $20000 aus loan A: Most lenders want to see at least a 1 year work history, but preferably 2, unless you've just ... | ||
| personal loan | 4/15/2007 | Joe Montgomery |
| Q: I'm trying to get a personal loan so I can move out of my parents house. Everytime I try, places ... A: There are quite a few options. A local department store might be a good start. Sears, J.C. ... | ||
| $50,000 personal loan | 4/15/2007 | Joe Montgomery |
| Q: I'm trying to qualify for a $50,000 personal loan. I work full time, and I own a home. I've only had ... A: Personal loans of this size are hard to get-- and most often, impossible. I've never seen one over ... | ||
| personal loan | 4/14/2007 | Joe Montgomery |
| Q: I'm trying to get a personal loan so I can move out of my parents house. Everytime I try, places ... A: Almost everyone faces this issue when they start out. Unfortunately, most people get their start ... | ||
| getting a loan at 18 | 4/11/2007 | Joe Montgomery |
| Q: i want to get a loan as soon as possible the only thing is that i just turned 18 and i dont no if i ... A: You best option would be to go to a local cycle shop and apply there. They can give you an idea of ... | ||
| do i need to refinance? | 4/10/2007 | Joe Montgomery |
| Q: I have an auto loan which is 10.99% APR for 6 years and I suppose to pay $399 a month but I paid ... A: Paying more is actually better than refinancing, because you reduce your principal more quickly, ... | ||
| what does it take to qualify for a loan | 4/10/2007 | Joe Montgomery |
| Q: I'VE BEEN A JR. PARTNER WITH MY BROTHERS BUSINESS FOR TWO YEARS, AND I WANT TO BRANCH OUT ON MY OWN ... A: A personal loan for $10,000 is a pretty large request, but not out of the question. It would ... | ||
| No one to co sing for me | 4/9/2007 | Joe Montgomery |
| Q: I am in debt like 3000 I own money to differnt things and I want to take out a loan from the bank to ... A: If you are asking me if I personally do loans, then unfortunately my answer is no. If you are ... | ||
| Car Loan | 4/9/2007 | Joe Montgomery |
| Q: The transmission on my 1998 Mazda Protege just went out and I do not want to fix it. So I am ... A: I would let the dealership do this for you. Pulling your credit won't really give you all the ... | ||
| Applying for a person loan | 4/8/2007 | Joe Montgomery |
| Q: I am looking to apply for a personal loan of $50,000. I just checked my fico credit score and it is ... A: There are a lot of factors that would need to be considered for a loan of this size. Rather than ... | ||
| No Credit Personal Loan | 4/7/2007 | Joe Montgomery |
| Q: .. could you tell me if id be able to get a loan and where? or how much do u think i would be ... A: There are a lot of factors that can affect my decision. A loan officer would need to know the ... | ||
| Personal Loan Info | 4/3/2007 | Joe Montgomery |
| Q: My credit score isnt that great, around 500, and im pretty much in over my head. What should I do to ... A: The bad answer is that you most likely will not qualify for a loan like this. When I was about 22 ... | ||
| Debt Consolidation | 4/2/2007 | Joe Montgomery |
| Q: I have about $15,000 in credit card debt and a credit score of 699. What are my options for debt ... A: A bank loan may be an option, but even then you probably won't be approved for much more than ... | ||
| Unsecured personal loan for good credit | 4/2/2007 | Joe Montgomery |
| Q: I need to consolidate my high interest credit cards that I've used to develop my property. (Not ... A: I would recommend you go to your local bank or credit union and ask them for a Home Equity Loan, or ... | ||
| Lending w/ minors name on deed | 4/1/2007 | Joe Montgomery |
| Q: my parents passed away and i am guardian of person and estate of my minor bro & sis. I was looking ... A: This should not be an issue. If you qualify for the loan, you can be responsible for the debt, but ... | ||
| used modular loan with bad credit | 4/1/2007 | Joe Montgomery |
| Q: My husband and I were both married before. My husband left his divorce with his name still on the ... A: There are a lot of factors that I don't know that would keep me from being able to give you an ... | ||
| How do banks and credit cards calculate interest | 3/31/2007 | Joe Montgomery |
| Q: I'm part of a software company that provides lending software to companies that offer personal ... A: Banks and mortgage companies calculate mortgage interest as "Compounded daily interest". Interest ... | ||
| Promissory Notes | 3/29/2007 | Joe Montgomery |
| Q: I had a business with now my ex-boyfriend,our accountant at the time was smart enough to get my ... A: This is really not my area, but I do know that a promissory note is supposed to be a guarantee of ... | ||
| Business Loan | 3/29/2007 | Joe Montgomery |
| Q: I am seeking advice to understand if there are any options at all to obtain a business loan with ... A: Small business loans are usually based on the credit of the owners of the business. Unless you have ... | ||
| loan | 3/28/2007 | Joe Montgomery |
| Q: I just paid my house off in full, but i have had to file bankruptcy after my divorce a year ago. I ... A: I would recommend you go to a bank or credit union and use your home for the loan. It's the only ... | ||
Joe Montgomery
Top Expert on this page
Expertise
I can answer most any question in this area, unless they are seeking legal advice.
Experience
I have worked in the lending industry for over 15 years, and worked in consumer lending, (Personal loans, and small collateral loans) as well as mortgage lending during the first 6 years of my career
Publications
Currently an all experts expert for mortgage loans.
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