Me and my husband and little baby girl are moving into a rental house long term (2+ years) until we relocate for my husband to attend Georgia Tech. We really need some help getting the initial process of furnishing our home with its’ utilities and furnishings since this will be the largest move we have made and only 1 out of 3. We were considering a small personal loan of about 1000 dollars to give us a boost, but the issue is that we, being young, do not have as much credit as we might like. We have some, but it isn’t amazing (me at 629 and him probably a bit higher, like 650-670, not sure about him though.) His job does not compensate him largely, he makes 8.50 an hour and works full time. He is the only one with a credit card, which is secured. Due to our lack of credit history and personal finances, is it possible that we could qualify for a small personal loan? What are some suggested loan agencies to look at? What are some to beware of? Will being denied affect our credit score adversely? Any information that you can give us to help is greatly appreciated. Thanks.
My husband made a 28 on his act, graduated in the top of his class, and aspires to be an Aerospace engineer. While he has not been accepted yet, there is no doubt in my mind that he wouldn’t have a chance. If he doesn’t get accepted there, then something is wrong, lol. He’s in a community college with me right now (more affordable), but he never ceases to impress his professors and doesn’t make grades less than a high B EVER That’s just where he wants to go and I said it because it is our plan.