Can you get a $5000.00 loan with $1000.00 as a down payment for it?

Question

I need a $5000.00 loan and was wondering if you dont have property or anything like that for collateral, if any place would accept a certain amount down like 800.00 - 1000.00 down? Anyone know of a place or if that can be done?

Answer 1

No real lending institution will do what you ask. Lenders never ask for a "down payment" of cash as collateral. Some scam artists on the Internet posing as lenders will ask you for a "down payment" and run off with your money.

Answer 2

Bethany S

in fact you asking a very hard question , but if your credit is

not under 5 K you may still have a chance to get such a loan

but it could turn your life into misrey , why dont you try to make

some calls to banks , what you gonna lose , , , any way go to

Only Best Deals , to see how to get loan while you dont have

any property or collaterals , i am sorry i cant post the link here

so open google and type :

Only Best Deals

now in search results the first line a site called Only Best

Deals , open it and check the right green titles about credit

and loans , hey Dont forget to use the top search box there

which must lead you directly to your answers about how to

get loan easy steps , I hope this Help You Bethany S .

Answer 3

try prosper.com

>Beware of Advance fee Loan scams.
LOAN SCAM - Do Not Pay UpFront Fees.
Do not send money UpFront via Western Union or MoneyGram to any person or business in the UK, Nigeria or Canada in hopes of getting a loan. If you do you will learn a hard lesson & never see any Loan money.

Answer 4

Never pay a fee / insurance / down payment on a personal loan.

Your posting just sent a message to all of the Nigerian scammers that post here: "Come and get me, I am a sucker!"

Answer 5

If your credit isn't good for 5k it probably won't have a better chance at 4k. In reality that is all you are doing.