How can I obtain a personal loan for $50,000?

Answer by  John (9008)

Only a bank will make a loan this large. You will need to have excellent credit or substantial collateral, such as a home. You will also need to provide detailed financial information and demonstrate that you will realistically be able to repay the loan.

Answer by  Melissa101010 (4405)

First of all it depends on your credit. Most of the time to get a personal lone for that amount of money it has to be for starting a business and you have to show what you are going to do with the money and how you plan on paying it back.