Who Will Give Me a Personal Loan After Bankruptcy?


Quick Answer

While it is possible to get a personal loan from a bank after filing for bankruptcy, the loan most likely comes with high interest fees, says GOBankingRates. Those in need of a smaller loan can also apply for a payday loan, which usually doesn't require a credit check.

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Who Will Give Me a Personal Loan After Bankruptcy?
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Full Answer

Some banks also offer bad credit personal loans, according to GOBankingRates. One advantage of getting a personal loan from a credit union is that they usually offer better interest rates compared to traditional banks. Before they can apply for a loan, borrowers first have to apply to the credit union.

GOBankingRates also states that individuals who have filed for bankruptcy can also look into online lenders rather than obtain their loan through a traditional bank.

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