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wilhelm
Apprentice
Joined: 27 Sep 2006
Posts: 2
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 Posted: 09/15/08 - 09:42 Post subject: |
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| I’m in trouble because I will have to borrow some money from a bank in order to pay off some debts for electricity and some other services which I neglected. Now, the truth is that I don’t like taking loans and I will do my best to make some money and avoid loans, but if I have to take it I would like to know if there is a possibility of selling a loan. |
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adamo
Apprentice
Joined: 14 Jan 2008
Posts: 1
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| Posted: 09/28/08 - 05:55 Post subject: |
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| It is true that loans can be large burdens to people because they can be pretty expensive and in the end it can turn out that you pay almost the half of the borrowed sum on the interest rate which is pretty expensive. Anyway, when there is no another option, then you have to take it. When it comes to selling a loan I have heard about the possibility to sell it at a discount. You have to try and find out how this is done, but I suppose that this can be easily arranged. Talk to a lawyer. |
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giacopo
Apprentice
Joined: 20 Feb 2005
Posts: 1
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| Posted: 10/11/08 - 02:08 Post subject: |
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| There are some possibilities of selling a loan and it all depends on what kind of a loan you have taken. You should browse the internet a bit and I’m sure that you will be able to find all the information regarding this subject. I don’t know how much you will have to reduce the price but at least you will be able to get rid of that loan when you find some other way of financing those debts of yours. I know that many people don’t even think about how they will pay off the loan and they just jump into applying for it. |
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