Unsecured Personal Loan

Question: How large of an unsecured personal loan can i get in my finanicial situation?

(Posted by: Jon W on 2009-12-10 17:23:11)

I am an 85 year old retired home owner in excellent health with $2, 000 per month of personal income and a credit score of 730. I have no outstanding debts or negative credit history that I know of. I always pay my bills on time. I was wondering on average how large of an unsecured personal loan I can qualify for through a major bank. Wells Fargo offers loans between $3, 000 and $100, 000 so I was wondering where in this range I would fall and what sort of interest rate I can expect with my financial record. Thank You.

Posted by: edward e on 2009-12-10, 17:28:37

Oh Jon just last month you said your credit was poor

Posted by: Ryan M on 2009-12-10, 17:33:57

You have to ask the bank. With your age, it it VERY possible that they will want a secured loan. The ONLY way to know for sure is to apply for the loan. NO ONE online will be able to even give you an educated guess on an amount. You will be wasting your time waiting for an aswer.

Posted by: Wayne Martinx on 2009-12-14, 06:24:42

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