Answer:
The times are limitless.
Explanation:
There are many of times you may need a loan, and hence you will apply for it. A lot of times, it has to do with buying a house or a car. There's also times for when you need the money to start up a business. You may also need it for if you are in debt.
Really, there are a lot of reasons why you would need a loan, all the way from purchasing a house and needing it to place a down payment on it all up to medical bills.
It is important to note that you will not just get this money and go on your lucky way. You will have to pay the bank back, and 9.99 times out of 10, you will have to pay more than you asked for, because of interest. Therefore, the bank will check your credit scores and will see how you are with paying your bills on time, and henceforth you will either get the loan or have to come back another time because you do not qualify.
I hope this helps!
-No one