Posts Tagged ‘Banks’

If i get a loan, what should the amount be lol (please read)?

fist da cuffs asked:


Ok, i want to get a Motorcycle loan of personal loan for a bike i want to get from a local dealer. It costs $2,899.00 and i dont want to buy cash, but i have cash, im only 19 and i dont feel like flushing out my savings. So i have NO credit history, and i was looking online at my banks rates, and i thnk there pretty low and it asked my for the loan amount. What should it be like only 2899.00 or like 3500. what should i make it? and what are my chances of getting the bike with no credit history? i also got an insurance quote for 530 a yr.

Which is better: Individual first time borrower alone or individual co-signer (who has bad credit)?

reaganite27 asked:


Is it better to just apply for a first time home loan myself or apply with a co-signer (who has bad credit)? Are there any banks that tend to finance first time home buyers more than others? Thank you.

IF WE ARE DENIED A HOME LOAN BECAUSE OF BAD CREDIT WILL ALL BANKS SAY NO ?

miss C asked:


We were denied a home loan because our median credit score was 598 and they want it to be at least 620. Should we just give up or are there any banks that will give a loan with bad credit? (The credit is bad because of medical bills)

Does anyone have experience with Banking in Cayman as an Expat? Recommendations would be appreciated?

Greg R asked:


I’ve recently started working for a Telecommunications Company in Cayman. For the next two months, I will be working from Canada; I then, begin working in Cayman on September 1st.

I have a few of questions:

1. I would like to open a Bank Account immediately, in order for my pay to be deposited. I am considering 4 Banks: Cayman National; First Caribbean; Scotia Bank, and Royal Bank. Are there any pitfalls or anything that I should be aware of, when choosing a Bank to open a personal checking Account?

2. I have Visa’s and a Line of Credit in Canada. Is it possible to transfer the balances from Canadian Credit cards and Loans to Cayman issued Credit Cards Loans? If so, what are the eligibility requirements?

3. If I become a customer of one of these banks, will it be easier to obtain a credit card or loan? And if so, are certain banks more flexible than others?

Thank you!