Taking out loan prior to full-time start?
Hey, signed an offer with a bank for a full-time analyst start post-graduation.
I am currently a "broke" college student. I have all my basic expenses covered but will need some money to help cover moving costs and getting an apartment. Also, I want a little bit of money to buy some things I need/want (nothing crazy, just things that would improve my life and make me happy).
Can I take out some sort of personal loan and pay it back once I start making money? I am not looking for a crazy high amount. Yes, getting a job is an option, but that is not how I want to spend my time this last semester (I have had a job most of college). I am very fortunate to be graduating with very little debt. I don't have a credit card or even know if I have a credit score. What are my options and is this a bad decision? I am thinking I could potentially use my offer to secure some quick funds. I feel good about starting and don't see any reason why something would go wrong. Would I be taking on excessive/unnecessary risk? I have had friends who literally maxed out multiple credit cards just to move/start when beginning a new job out of college. I do not want to do anything dumb or max out cards. I appreciate your help, thanks.
First step, get a credit card and start building credit..
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