Author

Topic: Need a loan of 3k (Read 1652 times)

sr. member
Activity: 331
Merit: 250
March 14, 2015, 03:19:28 PM
#8
Then there should be no thread related to lending/loans if it's impossible to obtain one.

People make absurd assumption that I won't repay the loan in 3-5 years - tell that to the bank and see how they respond: IT'S BAD FOR BUSINESS! Likewise, bank want to make profit out of loans they handed out. It's called principle n' interest.

I don't have any negative feedback so far: therefore passing out irrational judgment without a reasonable explanation is just plainly stupid. I have yet to make any loans so far: so please, shut the fuck up. Thank you.
legendary
Activity: 1022
Merit: 1000
March 12, 2015, 02:32:04 PM
#7
You could always go to a country where the medical procedures are cheaper and have it done. I know a few people who go to Mexico to get their teeth cleaned because it's cheaper. Just because it's cheaper doesn't mean you're getting worse care in a lot of cases.

The bank would be a perfect option for this sort of loan if you have a stable job and income. They also have loan banks specifically for hearing aids. If you're not able to secure a loan through one of those avenues, someone loaning you $3K on here would likely be risking to much.
legendary
Activity: 3794
Merit: 1030
The Best Tipster on the Forum!!
March 11, 2015, 03:44:19 PM
#6
hardly that you will receive 3000$ without colletreal
and no one is crazy to give for 3-5 years its too much plus no body knows if you will
run away with the money

plus you need to write for what you need the 3000$
sr. member
Activity: 331
Merit: 250
March 11, 2015, 02:52:46 PM
#5
If you don't have collatetal then it would be unlikely you will get a loan here. Especially with the rate you are offering.

Your hearing aids are likely to not be worth $4000 in four years when the loan is due as advances in medical technology makes current equipment depreciate very quickly. I am also unsure if there is any kind of secondary market for hearing aids.

Medical advancement? There's no vital fund to find a cure for Deafness. Cochlear Implant is one but it's a very invasive procedure to undertake not mentioning the risk involve outweigh its benefit. Hearing aids is pretty much the same even back in the 90s. Funny, the old hearing aids I have has on-and-off switch function. My current hearing aids doesn't and it eats battery.

Again, I am just exploring alternatives and options here. Thanks for your input!
copper member
Activity: 2996
Merit: 2374
March 11, 2015, 12:16:32 PM
#4
If you don't have collatetal then it would be unlikely you will get a loan here. Especially with the rate you are offering.

Your hearing aids are likely to not be worth $4000 in four years when the loan is due as advances in medical technology makes current equipment depreciate very quickly. I am also unsure if there is any kind of secondary market for hearing aids.
sr. member
Activity: 331
Merit: 250
March 11, 2015, 11:47:23 AM
#3
Hi, you may want to list some of the details that lenders will insist on. Like, what collateral do you have? You might be able to put up a car title or something else worth more than the principal amount. You will also allow escrow, I assume. And what rate?

I am negotiable with the interest rate - around 5-8%. This is long term repayment plan.

As for the collateral. I have hearing aids that's worth $4,000  - I can offer one of my hearing aids as a form of collateral (this is probably awkward or hilarious, sorry about that). I'm just throwing around some ideas. No, I don't have a car title at the moment. Other than that, I don't have any collateral that's worth 3k.

If you have any other viable ideas: I am up to it.
legendary
Activity: 3066
Merit: 1147
The revolution will be monetized!
March 11, 2015, 11:29:39 AM
#2
Hi, you may want to list some of the details that lenders will insist on. Like, what collateral do you have? You might be able to put up a car title or something else worth more than the principal amount. You will also allow escrow, I assume. And what rate?
sr. member
Activity: 331
Merit: 250
March 11, 2015, 11:26:59 AM
#1
Hello:

I am looking to make a loan of $3,000.00 and be able to repay within 3-5 years on monthly basis. Let me know if you're interested and hopefully we can work it out.

Thanks!

- Omegaflare
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