Personal loan to move out?

-I would need a loan for about 5000 to help with the deposit abd first and last.Along with other things. What is the best way to do this? What are options to pay back the bank ?Personal loans are extremely hard to get.

The interest rates for those with the best and most established credit starts at 16% interest.

Note: You will dig a big hole for yourself.

When I moved out, I had 3 months worth of salary in a savings.

I used this up within 4 months.

Lots of unexpected utility deposits, a couple of car tires, and things like pots and groceries



You are going to wind up in a huge, huge mess if you have no savings and make a loan. Also careful of the online loan scam - easy to operate
It is highly unlikely you will find anyone willing to give you a personal loan for this purpose. It is also a very bad way to start out on your own. Start saving up and wait till you have the cash to cover the expenses of setting up your own place.
Personal loans are very tough to get.



Talk to a bank or credit union.