Borrow Cash Online Loans Resources

angelz8 asked:


I have tryed many places already and no luck. i know this is a pretty stupid question, but can u refinace ur car and get extra cash like u would with a home refinance. or i know u can put up a car as qolateral, but im still making payments. does the car have to be paid off to do one of those pawn auto things. anyone have any ideas to get some cash? im moving in a month and need money to move.thanks

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.

I’m cool asked:


Hi (21yrs), I’m trying to buy a car from a private property for 13,000 (2007 350z, with me paying him 3k in cash, that’s why i put 13k). I don’t think i have any credit history, I checked online and no reports were made( I don’t know my credit score…). I do pay my credit card on time, and my limit is 1000 with 800 to pay off. I know it’s way higher than 30 percent, but i pay it off minimum of 25 dollars each month.
I have a job making around 1500 or so without the taxes. Will i get approved? or do i need a cosigner? my parent’s have bad credit though…
Thanks in-advance!

and I will delete spam bullshiet, telling me about insurance!

Judy asked:


Hello,

I may be interested in a personal loan, but my situation is a little unique. Please read below and if you have any ideas, please let me know.

I am currently cash poor. I have about 6 months cash on hand, which is historically low for me. I have no specific need for money right now, but I would like to have some extra cash if needed - to take care of emergency, to buy inventory for a business, to not have to constantly worry about cash levels, etc.

I am self-employed. For the past 8 years I have made at least $100,000 per year through a combination of salary, dividends/distributions from my companies or others I’ve invested in, and investments on the open stock market. My rent is about $2,000 per month, I do not own any property and I have no debts. I do not even have a credit card, everything is paid for with cash or debit card. I currently live outside of the U.S., but still maintain an address and bank accounts there.

Business in 2010 has been pretty bad. I’ve funded a business for about $10,000 a month and it has not been working. I am closing up and my obligations to this business will end at the end of the month. In addition, I had a son who was born 2 months premature. I was unable to obtain suitable expat insurance for these needs and I had to pay about $40,000 out of pocket for care (thankfully, he’s in perfect health!). As you can see, my on-hand cash has dwindled this year.

In better times, I invested in private companies, which is where most of my wealth is now.

I own 75,000 of Company A, which distributes at least $0.50/share ($37,500) even in a bad year. I can sell now for $2.50/share if I like, but this seems silly: I generate income each year and the overall value of the business also increases. I believe I will exit this company in 3 years for $6 or $7 a share, plus earning the distributions in the meantime.

Company B owes me a convertible note worth $200,000 as of June 1. I do not expect this to be paid within 2 years, but I earn 10% interest on it.

Company C is an China-based spinoff of Company A, in which I invested $80,000. I am confident in this investment, but I don’t expect to get anything out of it for the next year or two.

What would be the best way for me to borrow $100,000 for 12-24 months? I do not want to pay over 10% interest and I would prefer to have a line of credit that allows me to take money as needed, rather than borrow all up front. I am willing to use my shares of Company A as collateral against the loan, but I cannot find any bank (at least online) that says they accept private shares as collateral.

Any and all advice appreciated.