S2000 Talk Discussions related to the S2000, its ownership and enthusiasm for it.

Loan

Old Oct 18, 2006 | 07:55 AM
  #11  
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Originally Posted by Emil St-Hilaire,Oct 18 2006, 02:57 AM
this uncalled for,and unnecessary.!!!
Best thing to do,is get a personnal loan,from the financial institution,where you do most of your business.
You don't have to tell them,it's to mod your car.
Im not going to lie to ppl. Im gonna be honest. Its really sad to see how imature some ppl are. But who ever try help me thanks.
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Old Oct 18, 2006 | 07:57 AM
  #12  
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you cannot pull out $10,000 just do it

it has to be for something like a car motorcycle etc..

the most you can pull out for a unsecured loan is $5000

my friend your gonna need credit if you dont have credit then to tell you the truth your not even gonna qualify for a $1000 loan

if you have no credit best suggestion is to get a Co-signer to help you out.

good luck
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Old Oct 18, 2006 | 08:18 AM
  #13  
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How is your credit buddy? Are you near 700 on your credit score, if not get ready to pay higher interests.
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Old Oct 18, 2006 | 08:20 AM
  #14  
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Originally Posted by SliverS2k03,Oct 18 2006, 07:55 AM
Im not going to lie to ppl. Im gonna be honest. Its really sad to see how imature some ppl are. But who ever try help me thanks.
Lighten up...

How is this s2000 talk?

This should be off topic and you should ask your parents on how to borrow money.

Abercrombie and Fitch?.........who cares..

Better yet....go to a bank/credit union (preferrably one that you are a member of)and fill out an application.

It's called ball bustin....

Tim
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Old Oct 18, 2006 | 08:25 AM
  #15  
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If ya aint got the cash I'd stay away from modding....

Mods are instantly depreciating "assets"(If you can call them that).
You'll be paying a loan for $10K with interest, for who knows how long, and then have what left over afterwards?

But its your money.

With that said, any personal loan is going to have a high interest rate, almost if not the same as a credit card would. Figure about 8-10 % at least. You will not be able to get a better rate if it is an unsecured loan, meaning you don't have any collateral(House, Car, Stock). It will be akin to just racking up 10K on a credit card. Credit unions are good, but again have to be a member, also check online and also check your local banks.

Your credit score will play an obviously important role in all this.
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Old Oct 18, 2006 | 08:28 AM
  #16  
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You talk about maturity but then you want to borrow 10 grand to mod your car and you work in the mall?

Be glad you have such a nice car at all.

You can thank me for the hatin later.
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Old Oct 18, 2006 | 08:29 AM
  #17  
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Originally Posted by SliverS2k03,Oct 18 2006, 09:55 AM
Im not going to lie to ppl. Im gonna be honest. Its really sad to see how imature some ppl are. But who ever try help me thanks.
I don't think his intention was to tell you to lie. A personal loan is just that, "PERSONAL." They don't ask you what its for, normally. They just charge you a rate like a credit card. If you don't have much credit, the only way you will be able to get that kind of cash is most likely through credit cards.... sorry to say. Or though parents, relatives, and the like. Whereas a CAR LOAN, or MORTGAGE you obviously have to buy a house or a car.
You can't say the money is to buy a car and then use the money to mod your car.
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Old Oct 18, 2006 | 08:42 AM
  #18  
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How did you pay for the car??
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Old Oct 18, 2006 | 09:06 AM
  #19  
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credit score of 700 isn't that great these days. I would expect to pay 2+ points higher than minimum interest rate with a score of 700.
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Old Oct 18, 2006 | 09:13 AM
  #20  
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In five years when you dont even have/like this car anymore, you want to be paying upwards of $275 a month for uber l33t modzorz???

Thats retarded if you ask me. Thats why your getting so much hate in this thread.

Ill say it how it was put in another thread. "You gotta pay to play with the big boys." -Not take a loan out. Just like the car how it is.

If your friends with their civics are all buying sh*t for their car and catching up to you in a race because of it. Sell your car, buy a 1990's mustang, put money into that and have what you want for alot less money.

Consider your options.

What your doing is dumb.

-Dustin
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