help i need a loan !!

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Jewellene

help i need a loan !!

Post by Jewellene » Tue Jun 22, 2004 12:34 pm

I live in Carlisle PA, i need help fast we own are home .its paid off ..we not rich but in the last 6 month both my mother and father has passed away ..we have need help. and cant fine any so maybe someone knows someone that can help..my mom and dad lived in calif and we live in pa . we have used all savings and got back up on some of are bills .we need loan i can put are house . We have been told no by banks and we check somethings out but most loan's comp want us to take out alot more then we need ..we have worked hard to pay off are home .and we dont need alot .we just need to get back on are feet after all of this .we had make a alot trips to calif from pa .we are not looking for hand out.. i just feel if we cant fine a smaller loan we are going to have take out way more then we need .iam disable and my husbend works 12 hrs days we live ok fine..but this something has just wipe us out ..

rmurray

Re: help i need a loan !!

Post by rmurray » Tue Jun 22, 2004 9:02 pm

It is not common for banks to make small loans any more...Shop around at finance companies like Associates...Citibank lending of local loan companies...Compare the offers with those the bank makes..

Banks most likely would have simple interest..If they make you take a larger loan than you need...if you can afford the payment...take the loan...and then the first month send back all of the money you did not need..Then pay payments eveery month...if soon will be paid off again..

mr_investor

Re: help i need a loan !!

Post by mr_investor » Wed Jun 23, 2004 12:47 pm

Hey, Why haven't you tried a home equity loan since your home is paid off.
THey are not that difficult to get and they cost very little to nothing to get.
Even So-So credit is ok to get a home equity loan or line if credit - And they are normally INTERSET only loans .. That should give you some time to get back on your feet and get back to normal living again.
Check with local banks first and then do the internet searches like through bankrates.com..
Having a paid off house is an extreme chunk of financial leverage.
Good luck.

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