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The phrase "applying for loans" is correct and usable in written English.
You can use it when discussing the process of seeking financial assistance from lenders or financial institutions.
Example: "Many students are applying for loans to finance their education."
Alternatives: "seeking loans" or "requesting loans".
Exact(54)
They were applying for loans to get through the month.
The Internet makes applying for loans almost too easy.
(They must also deal with the ethical question of applying for loans they plan to abandon).
The changes will clarify policies for applying for loans and extending cash assistance.
But contrary to some expectations, few borrowers are actually applying for loans over the Internet.
I hope this will not affect the chances of younger people applying for loans.
Similar(6)
Only five months ago, US Airways joined its competitors in balking at applying for loan guarantees from the federal government.
Most of the applicants are head of household and this is a significant indicator in terms of applying for loan.
Stories of homeowners repeatedly applying for loan modifications only to be denied -- or worse, ignored -- are sickeningly common.
Instead, he suggested they apply for loans from banks.
When do I apply for loans and scholarships?
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com