I already have one $7,000 Personal Loan which I borrowed online 3 months ago to pay for a car repair. But now I faced one more urgent bill I can handle. Could I apply for one more Personal Loan? Is there any limit on the number of this credit?
How many Personal Loans can I have at once?
Last updated:
2258
Answers: 1
COMPACOM TEAM
Expert answer
Actually, the US laws and regulations don't put a lot of limits on Personal Loans. You can get as many as you need on condition that you are able to repay this debt. Lenders will approve you for another Personal Loan but they can limit the amount depending on your credit score and debt-to-income ratio. Find out if you qualify online. It's fast and doesn't affect your credit history.
Here is a list of Personal Loan direct lenders who could help you get the necessary funding as soon as possible:
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