is it possible to get a loan of 85,000 from the bank?
2007-06-18 06:08:42 · 5 answers · asked by Anonymous in Business & Finance ➔ Other - Business & Finance
If you have a house or some other substantial asset as collateral, then it is possible.
Otherwise, you credit score has to be in the high 700's or low 800's, WITH a sound business plan and presentation.
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2007-06-18 06:12:45 · answer #1 · answered by tlbs101 7 · 1⤊ 0⤋
Someone just asked this same question last week. Any loan amount is possible with the right credit score and collateral. Collateral being the more important of teh two - NO bank is just going to hand over 85K with nothing securing the loan.
2007-06-18 06:15:52 · answer #2 · answered by Anonymous · 0⤊ 0⤋
I labored at Bank Of America and sure it's feasible for you get a mortgage being a pupil you're eligible for a pupil mortgage so long as your account is presently in well status are you running correct now?
2016-09-05 20:09:48 · answer #3 · answered by ? 4 · 0⤊ 0⤋
Home loans can be more than that. If you're trying to get out of debt, then I'd talk to a loan consolidator at a non-profit organization.
2007-06-18 06:12:08 · answer #4 · answered by April W 5 · 0⤊ 0⤋
Need reeally good credit to try that without security
2007-06-18 06:12:01 · answer #5 · answered by wizjp 7 · 0⤊ 0⤋