Applying for a loan should not be so difficult if you have solid credit card history.
Difficulty on actually receiving a loan will depend what kind of loan you need? Do you need a personal loan? A loan for a car, house, school, and etc.
Regardless, having a good credit history will really help with these type of loans. If you don’t have a credit history, see this post to help you build credit history first. Just remember that different loan types will vary in interest rates.
Do it with your Bank
For getting loans, I would apply for a loan from the bank where you have a checkings, savings, and a credit card with for three reasons:
The first reason is for speed. The bank already has your information sand credit history since your account is already there so your application can be processed faster, making it much easier for you and the bank.
The second reason is customer service. Because you are a customer the bank does not want to dissatisfy such customers, thus giving you a higher chance of receiving a loan. If you are dissatisfied with the services your bank offers, you have every right to take your business to a different bank.
The third is for TRUST!
Apply for a loan in Person
It would be more convenient to get a loan online but much safer to apply in person at your bank. Reason why I suggest applying in person because there are many fake loan sites out there and you can easily become a victim of fraud. In contrast, walking into your bank and applying for a loan in person contains more trust since you are doing everything directly with the bank.
Do your Due Diligence
Remember to do your due diligence on the loan you want to get. There is no excuse this day in age to apply for a loan and not know what will happen. For example it would wise to know which loan can realistically get. Every time you apply for a loan, an inquiry into your credit is made and this could knock off a couple of point off your credit score. If you get the loan, the deduction to your credit score will be temporary. However, if you fail to get the loan, the deduction could be there for a while. This is why it is important to do your research and to know the health of your credit score before you apply for a loan.
Other points to watch out for can be found here: https://learnmoneyfast.com/bank-point-system/