 TITLE: Where Can I Get a Personal Loan? CONTENT: How to Get Approved for a Personal Loan\n---------------------------------------\nIf you get rejected for a personal loan, don't take it personally. It's the lender's business decision. In fact, you should consider a denial as a sign that you need to improve your credit scores. If the only loan you can get comes with a stratospheric interest rate, you're probably better off turning it down.\nApproval for unsecured loans is largely based on your credit scores—which are calculated by taking the information found on your credit reports and inputting it into mathematical models. Therefore, the information on your credit reports is extremely important. To earn high scores, you'll need to have a history of paying your bills on time and carrying low debt compared with your credit limits. Using a variety of credit products and managing them responsibly will help, as will limiting the number of loan applications you send. Each time you apply for credit, a hard inquiry will be listed on your report, and an overabundance of them can have a negative impact on your score.\nIf you can wait to get your scores up, you'll be in a far better position to qualify for a low rate on a personal loan. Start sending your payments on time and drive credit card balances down. If you need to add credit history to your report, consider signing up for Experian Boost™† . With it, you can add your cell phone and utility payments to your credit report, so when you pay those on time, your scores will likely benefit.\nFinally, keep an eye on your credit reports, and make sure they're free of errors and fraudulent activity. Get a copy of your credit report and read it thoroughly. If you spot problems, dispute them immediately so they'll be removed. When they're off your report, your scores could rise, and you'll be more apt to get a personal loan that won't break the bank.\nPersonal Loan Calculator\n------------------------\n†The information provided is for educational purposes only and should not be construed as financial advice. Experian cannot guarantee the accuracy of the results provided. Your lender may charge other fees which have not been factored in this calculation. These results, based on the information provided by you, represent an estimate and you should consult your own financial advisor regarding your particular needs. END