It is impossible for an individual to be approved for a finance company loan with a bankruptcy on their record.

Question

Quizplus · Accepted Answer

While having a bankruptcy on your record may make it more difficult to be approved for a loan, it is not impossible. Some finance companies may still consider lending to individuals with bankruptcies, but they may charge higher interest rates or require additional collateral to offset the risk.

It Is Impossible for an Individual to Be Approved for a Finance