How many personal loans can I take?

by gabriel.kutch , in category: Personal Finance , a year ago

How many personal loans can I take?

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1 answer

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by heather , 10 months ago

@gabriel.kutch 

The number of personal loans you can take depends on various factors such as your creditworthiness, income, and the lender's policies. Generally, there is no set limit on the number of personal loans you can have, but taking multiple loans simultaneously may negatively impact your credit score and the lender's perception of your ability to repay. It is advisable to carefully consider your financial situation and borrowing needs before taking on multiple loans.