Loans

Old May 27th 2008, 9:52 am
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Default Loans

Anyone have any ideas on which bank gives out the biggest loans - ( obviously depenedent on income ).

Went to HSBC and they have said a max personal loan of 250k dhs at 9% is avaialable and am waiting for barclays to see what they give. Any other suggestions on who to go to max out on loans ?

cheers zabone
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Old May 27th 2008, 9:54 am
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Default Re: Loans

Originally Posted by zabone View Post
Anyone have any ideas on which bank gives out the biggest loans - ( obviously depenedent on income ).

Went to HSBC and they have said a max personal loan of 250k dhs at 9% is avaialable and am waiting for barclays to see what they give. Any other suggestions on who to go to max out on loans ?

cheers zabone
ah, planning a one way trip home are we??
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Old May 27th 2008, 10:02 am
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Default Re: Loans

is this not the the ex-pat strategy of life in dubai or have i been talking to the wrong people ?!!
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Old May 27th 2008, 10:06 am
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Default Re: Loans

is this for your car?
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Old May 27th 2008, 10:12 am
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Default Re: Loans

no - that's already been sorted !
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Old May 28th 2008, 5:24 am
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Default Re: Loans

WTF.. Surely starting off life in a new town with a big loan around your neck isn't the way to go (unless you are on a one way flight out of here as a previous poster suggests).
what are you planning to do with the 300k plus you are hoping to get?

..please don't say a deposit on an apartment/villa purchase
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Old May 28th 2008, 5:48 am
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Default Re: Loans

250K at 9% is scary enough. Did they tell you how much interest you would be paying on that?
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Old May 28th 2008, 6:27 am
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Default Re: Loans

Originally Posted by Border Reiver View Post
250K at 9% is scary enough. Did they tell you how much interest you would be paying on that?
But is it 9% on a reducing balance?
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Old May 28th 2008, 7:09 am
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Default Re: Loans

Originally Posted by Border Reiver View Post
250K at 9% is scary enough. Did they tell you how much interest you would be paying on that?

for a personal loan - the 9% is slghtly higher than the rates offered in england - though i've not shopped around as yet - would like to think that can get lower ?
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Old May 28th 2008, 7:10 am
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Default Re: Loans

Originally Posted by ScotsExpat View Post
But is it 9% on a reducing balance?
good question - i will check
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Old May 28th 2008, 7:15 am
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Default Re: Loans

Originally Posted by admon View Post
WTF.. Surely starting off life in a new town with a big loan around your neck isn't the way to go (unless you are on a one way flight out of here as a previous poster suggests).
what are you planning to do with the 300k plus you are hoping to get?

..please don't say a deposit on an apartment/villa purchase
Am trying to find out the the lowest rates for personal loans - ignore the max out part of my first post - i guess it does make it sound a bit gung ho !!
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Old May 28th 2008, 7:26 am
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Default Re: Loans

Originally Posted by zabone View Post
Am trying to find out the the lowest rates for personal loans - ignore the max out part of my first post - i guess it does make it sound a bit gung ho !!
so what are you intending to blow the cash on may I ask?
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Old May 28th 2008, 7:33 am
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Default Re: Loans

Originally Posted by admon View Post
so what are you intending to blow the cash on may I ask?
of course you may ask - but i cannot answer as yet !! - am just trying to find out which banks are worth approaching for the best deals at this stage...cheers

Last edited by zabone; May 28th 2008 at 7:35 am. Reason: to add a few words !
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Old May 28th 2008, 7:35 am
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Default Re: Loans

Originally Posted by zabone View Post
of course you may ask - but i cannot answer as yet !! - am just trying to find out which banks are worth approaching for the best deals...cheers
it's an offence not to share deeply personal matters on the forum....this is your first warning
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Old May 28th 2008, 7:35 am
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Default Re: Loans

he he, sounds like a plan...
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