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  #1  
Old 01-30-2007, 01:15 AM
jacab9901 jacab9901 is offline
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Join Date: Jan 2007
Posts: 3
Right time for loan

Hey,

with the way that the market is going at the moment, Oil prices going up, the cost of living shooting through the roof, is it a good time to get involved in a personal loan, because the government may drop interest rate to alleviate the pressure that has been placed on families?
Cheers
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  #2  
Old 01-31-2007, 04:27 AM
Joshua9891 Joshua9891 is offline
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Posts: 2
Right time for loan

You think way too Much about trivial issues, the government will never drop interest rates or cut Petrol Prices they make way to much money of Us!!!! If you want a loan don’t wait. My friend has just got a personal loan from Meridian Financial (Meridianlendersonline.com). He said Finance is easily available. You can call them 941-380-9166 and ask them whether it is right time to get the loan or not. Clear your doubts and get a loan. All the best.
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  #3  
Old 02-11-2007, 07:25 PM
Gen3 Gen3 is offline
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Join Date: Feb 2007
Posts: 38
I would definitely exercise caution

Hi jacab9901,

It depends on what your circumstances are at the moment and what you actually need the personal loan for. IMHO, thinking about trivial things can hold you back time wise, but would it not be better to understand the 'big picture'? When you enter into a personal loan - especially as you say the cost of living, petrol, interest rates etc. - you really need to look at how it will impact your life, whether you can maintain the contract etc. Credit is available EVERYWHERE! Big institutions want to throw money at you. Whatever you decide, I would exercise caution. Btw, when interest rates have dropped it maybe by 0.25% or something like that, but the overall trend is always up.

Good Luck
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  #4  
Old 02-12-2007, 07:15 PM
tuney55 tuney55 is offline
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Posts: 29
Even with crude oil prices per barrel dropping recently, we still see a steady increase - spiking even in our area. The government won't drop these prices or interest rates because it's a money puller for them
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  #5  
Old 02-12-2007, 07:16 PM
tuney55 tuney55 is offline
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Join Date: Feb 2007
Posts: 29
About the loan, is it ever a good time to get into debt - unless your using it to invest in something that will bring you more
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  #6  
Old 02-17-2007, 02:42 AM
Leena Leena is offline
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Join Date: Feb 2007
Posts: 24
Rising inflation results in rising interest rates. Not to mention the economy sizzled in the last quarter, believe it or not. So I wouldn't count on interest rates dropping much if at all.

Here is some useful links for you...
  1. Resource for your Auto Loan
  2. Home Equity Loan Information
  3. Equity Loan Guide
  4. Debt consolidation Guru
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  #7  
Old 04-22-2008, 12:41 AM
andylewis andylewis is offline
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Join Date: Feb 2008
Posts: 12
There is no appropriate time for any particular incident to crop up. It can be in a day, within a few hours from now or in a month. If at the same time you do not have any readily available finances available to you, it can be pretty disturbing for you. However there is a solution and it comes in the form of cash advance payday loans. These loans are designed specifically to provide you finances in times of emergencies without any hurdles. These loans are approved towards your bank account within a period of 24 hours which means that the amount is in your hands within the same day.

Cash advance loans are offered to you solely on the basis of your upcoming payday. The amount advanced is highly influenced by what you draw as your monthly income which must be at least $1000 per month. Based on these, lenders approve amount in the range of $100-$1500 to fix your various personal needs. These are very short term loans and are made available to you for a period of two to four weeks maximum

The eligibility criteria required to avail these loans are that you must be employed for the past few month with a good source of monthly income. Other than that, you must have completed 18 years with a valid bank account. This is one chief reason why these loans are very much popular among the salaried individuals.

If you are having a series of bad credit problems like arrears, defaults etc against your name, it is not of major concern as lenders approve the amount without any credit check. In fact by repaying the borrowed amount, you get a chance to improve the credit score.

The interest rates concerning the loans are slightly higher as they are made available to you for a short time period without any collateral. But with a proper research using the online method can help you find lender offering the loans at cheap rates.

Cash advance payday loans offer instant money to meet your immediate requirements without creating any obstacle.
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  #8  
Old 05-10-2008, 11:14 PM
sauron sauron is offline
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Posts: 3
it would depend on your situation. if you are planning on getting married and getting a new house, you might want to consider a home loan.
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  #9  
Old 05-12-2008, 05:44 AM
rachael24 rachael24 is offline
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Location: Binghamton, NY
Posts: 44
I dont know if I agree with you, Sauron...Can you elaborate more?
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  #10  
Old 05-15-2008, 04:21 AM
devidso devidso is offline
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Hi, I certainly agree with you. Your advice is really very helpful for us.
Thanks a lot!
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