Go Back   The Finance Forums: Financial planning, debt help, loans, mortgages, retirement and 401k, investment, and general finance discussion forums > Finance forums > Personal Loans


Personal Loans Discuss personal loans, secured and unsecured, and general borrowing.

Reply
 
Thread Tools
  #1 (permalink)  
Old 03-14-2007, 12:30 AM
kconnections kconnections is offline
Junior Member
 
Join Date: Mar 2007
Posts: 16
Default Small loan

What loan options are there if you need a small loan amount of say less sthan $1000? Are there any options available?
Reply With Quote
  #2 (permalink)  
Old 03-14-2007, 02:13 AM
ohioguy ohioguy is offline
Member
 
Join Date: Mar 2007
Posts: 30
Default Re: Small loan

Look at prosper.com. You can get an unsecured loan for as little as 500 dollars, If I recall correctly.
Reply With Quote
  #3 (permalink)  
Old 03-14-2007, 11:48 AM
fitnessk fitnessk is offline
Junior Member
 
Join Date: Mar 2007
Posts: 24
Default Re: Small loan

Around here it is difficult to obtain a very small loan from a bank. I think many of them require something like 1500 and more. There are PayDay loans but I would never suggest using one of these.
Reply With Quote
  #4 (permalink)  
Old 03-22-2007, 08:43 PM
Mark A Mark A is offline
Senior Member
 
Join Date: Mar 2007
Location: Wisconsin USA
Posts: 261
Default Re: Small loan

Look into a Line of Credit option, sometimes called a quickcash loan, it works like a credit card but you have to go into a bank to get an advance on it (eliminating some of the impulse aspects) Also, Credit Unions will beat banks on interest rates, especially with smaller dollar amounts.
Reply With Quote
  #5 (permalink)  
Old 03-26-2007, 02:10 PM
darth_shamuu darth_shamuu is offline
Junior Member
 
Join Date: Mar 2007
Posts: 2
Default Re: Small loan

Quote:
Originally Posted by ohioguy View Post
Look at prosper.com. You can get an unsecured loan for as little as 500 dollars, If I recall correctly.
I was just on this site the other day and I was seeing loans for as little as $400. I would say sign up and try this site.
Reply With Quote
  #6 (permalink)  
Old 03-30-2007, 08:18 PM
tater03 tater03 is offline
Senior Member
 
Join Date: Oct 2006
Posts: 169
Default Re: Small loan

I have found that alot of banks will not got that low on a loan anymore. Would be nice if they did but for some reason they don't give out small loans anymore.
Reply With Quote
  #7 (permalink)  
Old 04-07-2007, 06:25 AM
Dru Dru is offline
Super Moderator
 
Join Date: Mar 2007
Location: USA
Posts: 321
Default Re: Small loan

They will look hard at a small loan for one reason...if you need 3-400 bucks to get by, what is the chance you will have the cash to repay the loan. If they have too much risk, or just don't make enough profit on the deal, they are not interested. That is why so many quicky loan places have popped up, charging 500% interest to make it worth their time.
Reply With Quote
  #8 (permalink)  
Old 07-03-2007, 06:52 PM
lmedsker lmedsker is offline
Junior Member
 
Join Date: Jul 2007
Location: washington, dc
Posts: 2
Default Re: Small loan

Depending on the state you're borrowing in, a payday loan will cost you between $15 and $17 per $100 borrowed. The loan will be due in 11-30 days. Depending on your personal situation, this could be something to consider.

I know my bank charges $39 for a bounced check, so a payday loan makes sense for me if I'm borrowing $200 or less.
Reply With Quote
  #9 (permalink)  
Old 04-02-2008, 09:57 AM
andylewis andylewis is offline
Junior Member
 
Join Date: Dec 2007
Location: Georgia
Posts: 11
Default Re: Small loan

Through Easy Cash Advance Payday Loans you can borrow any amount ranging from US$100 up to US$1500. The amount that you can actually borrow depends upon your personal requirement and the ability to repay. Payday loans can be made use of for any unexpected expenses that may arise before your payday.
Reply With Quote
  #10 (permalink)  
Old 04-04-2008, 12:55 AM
maat55 maat55 is offline
Member
 
Join Date: Mar 2008
Location: USA
Posts: 98
Default Re: Small loan

Go find extra work and do not borrow the money. Change your life today, get a second job and work this out without borrowing. Build an emergency fund, learn to live on less than you make and save money.
Reply With Quote
Reply

Thread Tools

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are Off


» Boards




All times are GMT +1. The time now is 06:20 AM.


Powered by vBulletin® Version 3.7.0
Copyright ©2000 - 2008, Jelsoft Enterprises Ltd.
Content Relevant URLs by vBSEO 3.0.0 ©2007, Crawlability, Inc.