How hard is it to get a large Personal Loan?

Mayola Sylva: You cannot get a personal or signature loan unless you have stellar credit, very high net worth, high income, low debt ratios, and long-standing relationship with your banker. If you want to buy a car, you will have to try to finance that. You will need a cash down payment, cash to pay for your insurance, plates, etc, and since you have lousy credit, a cosigner with excellent credit. You need collateral as well as a cosigner, so come up with cash + cosigner + car loan whereby the car is collateral.$4000 is a pretty small loan. Considering the costs of the paperwork for the loan processing, it's really measly. Consider saving up your earnings for that instead of getting a loan. You're going to need cash down anyway....Show more

Ruthe Real: 1

Benny Stehno: That is considered a small personal loan and if you have the income to qualify you get the loan.Go to the bank where you have your checking account, they will give you the best rate

B! ernie Cerra: let me explain to you what a co signer is , someone with limited credit history not bad credit ,which mean the person with limited credit should have the income to support the loan.a good credit person doesn't make a bad person good

Myriam Hetjonk: It is CHEAPER to finance the car and pay for full coverage insurance. It is nearly impossible to get a signature loan. If you need a cosigner, it is impossible to get a signature loan.