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Loans are not given out freely like that, easiest loan you can get is credit card and loans from loan sharks. But a bank loan? You have to explain for what,

Loans are not given out freely like that, easiest loan you can get is credit card and loans from loan sharks. But a bank loan? You have to explain for what, and have a collateral.

fjdlwlv 9y ago
I other words, banks know that people can't pay back credit card debt.
imgabe 9y ago
I guess this depends on your credit, but I was able to take out a personal loan from my bank with a few clicks on their website, no big deal at all.