Loan purpose:Rates and terms may depend on the loan’s use, so the lender may ask you to enter theintended purpose for the loan. Common options includedebt consolidation, medical expenses, and home renovations. Hard credit inquiriesoccur when you submit a complete loan application, and these ...
Personal loans can be used for a variety of purposes, and it’s possible to get one even if you have bad credit. Before you start this process, though, consider if it’s the right decision to borrow money or if you might be better off waiting and saving to accomplish your goal. If ...
However, Chase does have a global credit limit for each individual borrower. I’ve bumped up against that limit for many years. Whenever I apply for a new Chase credit card, I’ve either needed to close an existing credit card or move some credit limit from an existing card in ...