looking to barrow 10,000.00 Can pay back 200.00every 2 weeks for 5 years=12000.00
2007-03-24 18:32:42 · 11 answers · asked by lizzy2001 2 in Business & Finance ➔ Personal Finance
sure let me run to the bank
2007-03-24 18:35:54 · answer #1 · answered by dee_ann 6 · 0⤊ 0⤋
Other than a place in Alaska, I don't know what "barrow" is. I'm assuming you mean "borrow" and not "barrow".
Your credit must suck (or you think we're stupid) if you are applying for a loan like this.
And your spelling and math skills need work. You'd pay the loan off in just over two years if you pay $200 back every two weeks (26 payments/year) at 10% simple interest. You should finish paying off the loan by payment #57.
You could SAVE $10,000 in less than two years, if you stick to your $200 payment plan. Think about it.
2007-03-24 22:09:27 · answer #2 · answered by ssbn598 5 · 0⤊ 0⤋
Base on your above statement, "pay back 200.00every 2 weeks for 5 years=12000.00" translate to only 4% per year.
Moreover $200 every 2 weeks over 5 years = $200 x 26 x 5 = $26000.00 which translate to 32% per year.
Now I wonder where you get (with 10% interest)?
All above is based on simple interest.
2007-03-24 18:45:20 · answer #3 · answered by Anonymous · 0⤊ 0⤋
I saw something on 60 Minutes about an eBay for lenders and borrowers. You propose to borrow $10K and others make proposals based on amount and interest rate. All you need is a minimum 520 credit score and successful background and fraud checks.
http://www.prosper.com
http://www.prosper.com/public/borrow/about_borrowing.aspx
However, the question you asked is probably not a serious one but if you are serious - the above website may help you. Good luck.
2007-03-24 18:56:29 · answer #4 · answered by Anonymous · 0⤊ 0⤋
Dahhhhh! The last time I saw that kind of Santa was a hundred years ago! If you find him will you tell him I will pay him back and stop worrying,
2007-03-24 18:40:01 · answer #5 · answered by jack y 4 · 0⤊ 0⤋
I having the paper work made up as I type this.
2007-03-24 18:40:47 · answer #6 · answered by Anonymous · 0⤊ 0⤋
I know a place that'll loan you $10,000. It's called the bank!
2007-03-24 18:37:25 · answer #7 · answered by Moral Orel 6 · 0⤊ 0⤋
dude i was so ganna laan yau the maney, but you then i realised yau asked ta barrow it and not borrow it.
taa bod far yau!
2007-03-24 21:01:18 · answer #8 · answered by comic book guy 5 · 0⤊ 0⤋
Nah - how about i give it to you for nothing (LOL)
Good luck in getting a loan this way :)
Like you sense of humour.......
2007-03-25 00:10:46 · answer #9 · answered by Anonymous · 0⤊ 0⤋
if i had it then..........no hell no i need it sorry go get a loan from the bank or something
2007-03-24 18:40:31 · answer #10 · answered by undercovernudist 6 · 0⤊ 0⤋