Question by Kelly S: is there any bank that will give a person who claimed bankruptcy a small personal loan?
I need a small personal loan of 2,000 dollars does anyone know of a bank that will finance me.
the only reason i claimed bankrupcty is for medical bills. I have never taken a loan except for a car which was paid off before the bankruptcy. I have never even had a credit card before.
Best answer:
Answer by Thin Kaboudit
No bank will lend money to someone who has declared bankruptcy! I don’t mean to be mean, but if you have filed bankruptcy in the past, you have publically declared that you have taken on loans and not paid them back! Would YOU lend you money?
The only loan you are likely to be able to get is a “secured loan”. To borrow $ 2000, you would need to sign over the rights of tangible property worth at least $ 2000 to the lender in case of default.
I strongly suggest you seek credit-councelling, budget-management training and general help in money management. There are FREE services providing all these things. Check with your local library.
Best wishes! Remember, the only “secret” to getting rich is to spend only 80 cents for each and every dollar you earn.
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