Where to get credit - bank or friends ?
Alex Pavlyuk
5 replies
Urgently need money, with a minimum set of documents realistically arrange a small amount on credit?
Replies
pixie2@pixie2
If you can only provide a minimal package of documents and you don't have any collateral, most likely the bank will refuse you. I advise you to try a quick-loan service. It's much faster and easier, so I advise you to try it. I have applied to https://maggieloans.com/ several times and have always been satisfied. If you pay back on time, there won't be any questions in the future.
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If I were you, I wouldn't take out a loan until I was sure I could pay it back. Debt is the worst thing for me these days. Be careful!
The interest rate at which you take out a loan from a bank will be low compared to the interest in microfinance institutions. The period during which you have to repay the loan is several years. However, the bank is not ready to provide this banking product to every person. I solve my issues, in terms of credit, only through the bank, I get advice from Mortgage Advice London beforehand. Of course, if you are short of money, you will first want to ask a friend or brother for help. Be extremely delicate in this matter. After all, if you make a mistake and can't pay back the borrowed funds in time, the friendship will be destroyed.
First you should figure out a couple of things before you take out a loan or mortgage. It all depends on what you need to buy and how much money you lack. If the amount that you need is not that big, it is best to borrow money from friends for a while, since friends will not charge you more than you borrowed. Otherwise, if you need a large amount of money, then it's best to turn to Mortgage Advisor Essex, which will help you choose the best rate on a loan or mortgage so that you don't have to overpay a lot. In either of these two cases, you should analyze the further situation very well so that you do not fall into a disadvantage situation for you. Good luck to you friend!
