>make a loan application for $5000 to trade stocks
>bank rejected it
What the actual fuck? I earn 60k a year with 10k in savings, so could easily pay off the loan in my sleep. Why did the bank still reject my loan application?
Because you're white trash
You fucked up...should've said you were going long on NAK and that they were faggots for skipping out on this obvious moon mission. Go to a new branch and try again, stay as verbatim as possible but I understand if you need to improvise a little.
If you trade with interactive brokers, you can easily get a low interest loan for trading
>>1805433
Why don't you just use your savings to trade, pleb?
>>1805445
Why would I want to tap into my emergency fund? Its cheaper for me to get a loan and pay off the hilariously low interest each month.
>>1805456
clearly you cant be serious about this considering you applied for a 5k loan from a bank to trade stocks and actually expected them to support you but incase this is your actual scenario all you need to use is 2500$ of your 10k you have in savings to have the buying power of 5000$ with margin. But based on your decisions I feel you would be better off not trading anyways..