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If you’re receiving government benefits or working part-time hours, it may be scrutinized as an insufficient source of income.
Personal loans range in amounts from $2,000 to $50,000, with a few lenders offering smaller and larger loans.
Unfortunately, even if it was your partner who built most of the debt, as a cosigner you are bound to the agreement.
Single parents are judged by the same lending guidelines as every other borrower, but the fact that they rely on a single income and are often solely responsible for their debts means that they often don’t meet these requirements.
When you apply on the lender’s site, you’ll provide your contact information, financial information and the amount you’d like to borrow.