Apply for a Personal Loan

In earlier times, getting a loan was as easy as going down to the nearest bank and asking for it. These days, investors and lenders need to be a hundred percent sure they would get their money back before they even take any amount of cash out. In this article, I’ll show you that it’s still easy to apply for a personal loan if you just know what to do and how to do it.

Give your local bank a shot before everything else. Here’s a good place to start. The neighborhood bank or the nearest lender you know. Since you live just within the vicinity, lenders will be more confident in loaning you the amount of money you need. Plus, if you know someone from the bank, say the teller, you could hope he/she throws in a good word for you.

Be direct. If asked about the reason for applying for this loan, state your explanation as brief and as directly as possible. If it is of importance, you wouldn’t have much problems getting this loan approved.

Get your facts straight. Get to know everything you could about applying for a loan such as the interest rate and loan processing fees. This way, you won’t go around closing a deal when you don’t know which one is actually better.

Due to the economic crisis, the percentage of declined loans has greatly increased. Today, only those with good credit and high paying jobs still find it easy to apply for a personal loan and have it granted in a jiffy. But what exactly causes denied loan applications? Know what to avoid on your next application:

1. Bad Credit. Lenders automatically refuse to loan money to people who have had bad credit. Some though, give higher APR’s to those who have minor cases such as late payment, etc.

2. The Absence of your name on the Electoral Register. Debtors who are not on this list are most likely difficult to trace. Therefore, lenders refuse to give to those who may possibly “run away” from their debts. Those who can easily be reached such as home owners are easily granted such loans.

3. Your Credit-Income Ratio. Those who have a greater amount of debts than income are most likely to be declined. Lenders make it a point that every loan applicant’s capacity to pay is thoroughly assessed.

Most important of all try to reflect whether you really need to get this loan or not even before you decide to apply. This will save you all that time and effort in case you realize that you don’t need to do this. Think whether it is necessary for you to apply for a personal loan or if you could do away with having debts at the moment. While it is helpful to be able to get loans when needed, it is still best if you avoid doing this unless there is an emergency.

Remember that for every loan you make, there’s a risk for you to get a bad credit rating. If you’re not sure about being able to pay the amount every month until you’ve paid in full then it is advisable not to borrow money. A bad credit rating will affect your future reputation, something you might want to take care of in case a real emergency comes.


  1. Thomas - ADMIN says

    Hello Veronica, provides a lender matching service. When you complete the application your details are sent in real time using 256 bit encryption to many loan lenders.

    If one of the loan lenders can offer you a loan they will contact you by phone. You can discuss the specific details of your loan with the lender when he or she contacts you. Your APR and loan terms will depend on your unique situation.

    You can start below if you would like to proceed…



  3. i have a credit score in the mid to upper 500’s. not real good. divorce left me with a few bad things financially. i was able to get a car i can afford but w a 3000 dollar down payment. what is a “credit line” u mentioned? how does that work? and can i apply twice in the same day for the total of 3000? do the lenders give u what u ask for or offer lesser amounts?

  4. clemy sawant says

    I want to apply for personal loan for a marriage in my family.

  5. Shannan did you try applying on our website? You can get a 1500.00 dollar cash loan and 12,500.00 credit line. It’s going to be hard if not impossible to to find a lender that offers 4000.00 dollars without a credit check and does it the same day.

    If you can get by with 3000.00 dollars cash maybe you can apply for two loans from two separate lenders? I think the chances of finding a cash advance lender that offers more than 1500.00 cash extremely low.

    Best Regards,
    Daniel – BCLC

  6. I need a loan ASAP about $4000 how can I go about getting this and I need reasonable monthly payments.

  7. Need a personal loan to fix my car for $3000 as soon as possible with low monthly payments don’t care how long it takes to pay it off.

  8. Nick and Shannan,

    Yes both of you you CAN get loans. If you click the “Apply Now” button either at the top of this page or the home page you will be taken to a secure form. You can get a 1500.00 dollar cash advance and an optional 12,500.00 dollar credit line.

    The cash will be available almost immediately. So if you apply today you can get the cash today. If I can help with anything else please let me know.

    Best Regards,
    Daniel – BCLC

  9. I was wondering if and where I could get a personal loan to pay off some debt and get back on my feet. My credit is not that great right now but I really need the loan. Can I still get a personal loan?

  10. I’m in some bad shape right now, I do not have a good credit history at all, and I REALLY need help right now. I’m behind on bills and if I could just get a little help getting caught up, then I can take it from there and stay on track. I really need help. $500.00 will be very helpful. PLEASE HELP!

  11. Hello Jon,

    Many of the lenders specialize in helping people with bad credit. If you would like you can fill out the form above this post and a lender that can work with you will be in contact.

    If I can help you with anything else let me know.
    Best Regards,
    Daniel – BCLC

  12. I have a rough past with soso credit…I would like to get a personal loan but I do have some late and delequent accounts that when I have the extra money I would like to pay them off… how and am I still able to get a personal loan to get back on my feet and if so how?

  13. Hell Bradie,

    Yes, you have a very good chance of getting a loan. If fact with the new lenders I have found I would say it should be no problem. Check out the the form that is posted on the top of every page. I know it looks cheesy right now but that’s the best I can do – I’m not a design expert :).

    All you have to do is submit your information and we will find the most appropriate lender for you. Just make sure you fill out the form completely because we can’t do it without all your details.

    If you have any other questions feel free to ask.
    Best Regards,
    Daniel – BCLC

  14. I was wondering if it was possible to get a loan not big, just enough to get me back on track with my credit. My wife is a teacher now and I run my own business and its hard to get people to trust you expecially when you make bad decesions in the past. Just let me know how to get started again with good credit

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