14/06/2019 · If you do get approved for a personal loan after filing for bankruptcy, you may face less-than-favorable loan terms and pay relatively high interest rates, too. Your chances of getting approved for a personal loan might also increase the longer it’s been since you declared bankruptcy, since its impact on your credit scores can ;· To get bad credit personal loans after bankruptcy, you’ll need to find a bankruptcy-friendly lender who is willing to work with you. There are many lenders who are known for working with borrowers whose credit scores are damaged following ;· You can apply for a personal loan anytime after the bankruptcy, but be prepared to have your application denied, or to pay a higher interest rate. The length of time it takes to get the loan may vary, too. As a result, it might make sense to wait a year or two before seeking a loan. Looking for a Personal Loan After Bankruptcy05/01/2019 · Since you have or had a bankruptcy on your record, the terms of your offer may be less than favorable, so consider whether you feel like you’re getting a reasonable deal. People with “average” or “poor” credit might see average annual percentage rates on their personal loans ranging from 18% APR to 32% ;· Alternatives to personal loans: If you can’t qualify for a personal loan after bankruptcy, you have some options. If you can’t get a “regular” personal loan, here are three things to try. Secured Credit Cards: Instead of getting a personal loan, consider getting a secured credit Loan after Bankruptcy Nowadays, many people file for bankruptcy because they can’t afford their debts or have other financial difficulties. If you took the same step in the past, now you may think that you won’t be able to qualify for a new loan for a long time, but it’s not true!

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