<prompt> Human: Hey folks! I know a lot of information on this subreddit is about managing savings and paying off debt but I actually wanted the opposite. I wanted to take about a 10k loan for personal travelling over this summer and just let loose for a bit. Im a graduating senior from university who has secured a 6 figure job offer at a top tech company. However, since I currently am not working and I wont get my first sign on bonus until August, I wont have money needed to travel, which is why I wanted to take a loan. Therefore, I understand a lot of information required for loans requires proof of income, etc, but the only documents I can offer is my official job offer letter and tax information from my internship this past summer with the same company. I know the wiser thing would be to sit tight and wait till I actually had the income and travel then, but I seriously doubt Ill have this much free time ever again until I retire haha, which is also a reason why I wont mind paying a higher rate. My credit score is about 705. My questions:Is it possible for me to secure a loan for about 10k? I dont know much about personal loans, so is there even an option to start paying after a certain couple of months e.g. wanted to take loan about now and start paying it back August? If that is possible, what type of loan would be best suited for my interests? I can get my parents to cosign, would this help?Thanks for all your help :  <response>: I wanted to take about a 10k loan for personal travelling over this summer and just let loose for a bit.I know youve ackd that this is a bad idea, but its a really bad idea. That company could rescind the offer if the project they want you for gets canceled or they get into dire financial straits. I work in tech, and am familiar with how it goes.Next, this is going to be an unsecured loan, of the same nature as what you would put on a credit card. Thus, your interest rates will be akin to credit card rates - almost certainly above 8, and likely in the 15-25 range. Is it possible for me to secure a loan for about 10k?Probably not without proof of income. Especially if you take the loan out now and cant pay back until August. Youre going to generate about a thousand bucks of interest charges during that time period alone. No bank is going to issue a loan that will take that long to start performing. You can reserve enough out of any loan in order to pay back the loan for the first few months, but that means youre essentially paying for the money twice. If that is possible, what type of loan would be best suited for my interests?The kind where you ask your parents to loan you 10k and you promise to give them 12k by the end of the year. Seriously. Theres no underwriter thats going to want to write this kind of unsecured loan with such a long time between issuance and initial repayment. I can get my parents to cosign, would this help?If they do, theyre going to be on the hook for the first six months.This is overall a bad idea. My own recommendation would be that you hustle, take a temp job, etc., between now and graduation, and use those funds to travel. 