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You can generally find personal loans from $2,000 to $50,000 though some lenders offer personal loans as large as $100,000. Even if a lender offers up to $100,000, you might be eligible for that amount. How much you can borrow depends on several factors, including your: Credit score.
- How much money can you borrow with a personal loan?
- Can you take out a 50000 personal loan?
- Is a $5000 loan a lot?
How much money can you borrow with a personal loan?
What Is A Common Range For Personal Loan Amounts? In general, most lenders allow borrowers to take out $1,000 – $50,000. The amount you're approved for, however, can depend on certain factors in your finances.
Can you take out a 50000 personal loan?
Fortunately, though, some personal loan lenders offer funding amounts as much as $50,000 (or more in some cases). Just make sure that you aren't applying for more money than you actually need and that you have a plan to pay it back, because you'll need to pay back the amount you borrow in full and with interest.
Is a $5000 loan a lot?
Amount. A $5,000 personal loan might seem like a lot of money, but most lenders will go higher. The upper limit for many lenders is $35,000, but many will lend up to $50,000 or $100,000 — since some people take out larger loan amounts to consolidate credit card debt or pay off other high-interest debt.
