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Two loans from same bank?



I currently have a loan out for my car at my local bank. I've got it half-way paid for.
I'm going to be taking a dental class that needs $2500 straight up. Financial aid will not cover this particular school since it's a private school. Is it even possible to get another loan out to go only towards this class? What are my best options?

You can get two loans from the same bank. I've done it before. Since you have a good history making your car payments then you might have a better chance of getting the loan with that same bank. Go in and tell them you want to apply for an unsecured loan. Since it's for a class you won't have any collateral. $2500 isn't a big loan so as long as you have the income to cover the payments and you have fairly good credit, it shouldn't be a problem.
If your credit is good, there is no reason you can't take two loans from the same bank.

The bank would call that a "good customer".

-->Adam
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