Yes, it is possible to submit an application for one or more loan at any given time. But this might be very maybe maybe not recommended. Trying to get numerous loans will make loan providers feel you want unneeded credit. Additionally, it may be very difficult to help you keep an eye on numerous payment schedules.
Do I need to have a current banking account with a loan provider to have a loan from their store?
Many loan providers may provide you that loan as long as you have a current relationship with them. You will find a few exceptions to this though. Nevertheless, having a current relationship with a loan provider makes it possible to get that loan with different advantages. For instance, you could get reduced interest levels, versatile payment choices, as well as other such loan terms.