A person wishing to borrow from a bank must have the financial capacity to repay the loan and keep your commitments. If you have another outstanding loan, the monthly payment for that loan will be considered as a fixed charge and will be inclusion in analysing your application. After analysing your financial capacity, the bank will decide whether or not to grant the loan. Note that it is also possible to consolidate your credit to reduce your monthly payments. What's more, a payment in several instalments is considered as consumer credit and therefore as a loan.