Justin asked:
I have been unemployed for about a year and living on my savings from my previous business that I sold. I want to get a personal loan for an Internet business. I don’t think I even qualify to get a business loan since I have no income coming in, right? Will I likely get denied getting a personal loan too? I have 0 balance and good standing on my credit report/credit score.
I have been unemployed for about a year and living on my savings from my previous business that I sold. I want to get a personal loan for an Internet business. I don’t think I even qualify to get a business loan since I have no income coming in, right? Will I likely get denied getting a personal loan too? I have 0 balance and good standing on my credit report/credit score.
If I am denied, would I also get denied to open a personal line of credit or home equity line of credit?
Peggy
#1 by Marry M on June 1, 2010 - 4:38 pm
Caroline
trying to get a personal loan for you.. its easy to get it ya.. even you can’t bother about credit score…don’t worry its better for you to try for an online loan.i think that the below website will help you to find right solution.
#2 by ckm1956 on June 4, 2010 - 1:29 pm
Dean
Without a job, you’ll have trouble, especially right now.
You can talk to your bank / credit union about the business loan. But unless your business plan is a knockout, you may still have trouble.