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Anyone have a loan with their banks?

Discussion in 'Business & Tax Advice' started by Rozla, Apr 27, 2013.

  1. Rozla

    Rozla Newbie

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    I'm just asking myself the people with amount of money in their bank, do you guys have a loan with your bank?


    greetz,
     
  2. tridgeroy

    tridgeroy Junior Member

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    If you're considering taking out a load with your bank, make sure that you do your sums properly to be sure that can pay them back.
     
  3. Ste Fishkin

    Ste Fishkin "I'm watching you.." - Apricot Jr. VIP Premium Member UnGagged Attendee

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    The chances of getting a loan now is near 0

    don't count on it, even mortgages are being turned down where I am.
     
  4. everythingred

    everythingred Jr. VIP Jr. VIP Premium Member

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    If you're a student you can probably get a student line of credit.
     
  5. iampresent

    iampresent Junior Member

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    Yeah its the same here, nothings getting approved, unless you have a 700 score, a nice amount of funds already, and a strong business track record. pretty much if you had this stuff you wouldn't need a loan anyways. Tried to get a loan awhile back for a logistics company we started and it was a complete waste of time.
     
  6. everythingred

    everythingred Jr. VIP Jr. VIP Premium Member

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    I learned a valuable lesson when I turned 18 to get a credit card and start purchasing things monthly with it and paying off the full amount on time. Build up credit early and reap the rewards later.