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View Full Interview. The Legislative Branch is the only part of the government that can  authorize the borrowing of money. The Executive Branch can request  the money be borrowed but cannot authâ¦orize it. Avid political scientist with a strong focus on US History, including the political & military aspects of the US Civil War.
Quick Answer. While it is possible to get a personal loan from a bank after filing for bankruptcy, the loan most likely comes with high interest fees, says GOBankingRates. Those in need of a smaller loan can also apply for a payday loan, which usually doesn't require a credit check. Continue Reading.