a bank for loan,if I am unemployed and don t have a chance to find a job.Do I have to mortgage my home for loan or.........?Any economic expert please.......
2006-06-23 19:09:26 · 3 answers · asked by Danica O 4 in Business & Finance ➔ Credit
First rule ... never ever borrow to pay debts ... if you do, the debt simply stays a debt but for more money and with unacceptable interest rates.
Secondly, seek advice from someone that doesn't charge a fee for their advice, it is simply not necessary. Go to your local Citizens Advice Bureau and if they cannot help directly, they will put you in touch with an organisation that can do so for free.
Thirdly, take the whole matter seriously and whoever you find to help and advise you, follow their advice and cooperate to the letter.
And finally, don't think it will go away, especially if you own a property. Creditors will always find a way to secure their debt. Act responsibly!
2006-06-23 19:59:22 · answer #1 · answered by Anonymous · 6⤊ 1⤋
it ll b hard for u to get a loan if u r unemployed
2006-06-24 02:32:37 · answer #2 · answered by sachi 1 · 0⤊ 0⤋
I don't think you can, but I guess it depeds on your credit rating. Your best bet is probably a loan shark but they have very high interest!
2006-06-24 02:18:47 · answer #3 · answered by Yoyo 1 · 0⤊ 0⤋