+1 vote
Can I get a loan if I already have one out?

1 Answer

+1 vote
Can I get a loan if I already have one ? Yes, some lenders allow you to take out a second loan once you've paid off part of your initial balance and established a history of on-time repayments. But it's not always a good idea. You might not qualify for as good a deal and could end up getting caught in a cycle of debt.
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