Monday, February 1, 2021

Digest for misc.consumers.frugal-living@googlegroups.com - 3 updates in 1 topic

Beaver Fever <Beaver_Fever@live.com>: Feb 01 12:09PM -0800

I might need to borrow 100k or so, how do I get it?
John Weiss <jrweiss98155@comcast.net>: Feb 01 01:03PM -0800

On 02/01/21 12:09, Beaver Fever wrote:
> I might need to borrow 100k or so, how do I get it?
 
Go to your bank or credit union and apply for it.
 
If you don't have an established banking relationship, you can try the
on-line banks, but good luck finding a "frugal" loan rate in that case...
Leo Isenteze <LeoI@Isenteze.org>: Feb 01 08:31PM -0500

On 2/1/2021 3:09 PM, Beaver Fever wrote:
> I might need to borrow 100k or so, how do I get it?
 
If you own a house then a home equity loan (HELOC) is an option. You
have to shop for the lowest rate and best terms.
 
Without a house or other collateral you are not getting a 100K loan.
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