Multiple loan applications within a few months

WebMasterFromTU

Here's the scoop. I want to apply for two loans within a 2-3 month period. My situation is good credit, good rental history, fair work history.

I want to apply for a small personal loan, about 7000 dollars. Assuming approval on that loan, I will apply for a second loan, an auto loan, 2-3 months afterwards. The auto loan for about 17000 dollars.

What are the odds of a second loan getting approved in this kind of situation. How will a small personal loan affect my credit?

TadleyBaggie

Dollars? This is a UK based forum.

boo_star

TadleyBaggie wrote: »

Dollars? This is a UK based forum.

Probably spam. I reported it as such.

WebMasterFromTU

Not spam. I searched google and this seemed like the best place to ask questions. With the .com suffix, I simply assumed this was u.s. site. So, is the credit system in the uk different or all tied to some global network.

boo_star

WebMasterFromTU wrote: »

Not spam. I searched google and this seemed like the best place to ask questions. With the .com suffix, I simply assumed this was u.s. site. So, is the credit system in the uk different or all tied to some global network.

Yes, it's not the right place to ask, .com doesn't equal US.

DCFC79

WebMasterFromTU wrote: »

Not spam. I searched google and this seemed like the best place to ask questions. With the .com suffix, I simply assumed this was u.s. site. So, is the credit system in the uk different or all tied to some global network.

You need to find a US based forum to ask your question.

The credit system in the UK isn't tied to some global network.

I'm guessing it may be similar as in the UK, your salary may well dictate if you will get accepted for the 17,000$ auto loan, why a loan that's so high.

[Deleted User]

WebMasterFromTU wrote: »

With the .com suffix, I simply assumed this was u.s. site.

We're allowed to use websites with .com now.

Hell, some us even have electricity and running water.