NT financial heads. Please help. Vol. Loan/Car

[jayinfamous22]

So im planning on buying a USED car within the next couple of weeks. I dont have anything saved. So my question is which place would b the best place to take out a 5000$ loan. Thats all i need. Bank? Student loan? Personal loan? Im a student with currently no loans or debt. good credit. Thaknks fam.

 

[jayinfamous22]

So im planning on buying a USED car within the next couple of weeks. I dont have anything saved. So my question is which place would b the best place to take out a 5000$ loan. Thats all i need. Bank? Student loan? Personal loan? Im a student with currently no loans or debt. good credit. Thaknks fam.

 

[dutchmasterroller]

I would say look into peer-to-peer lending like prosper.com or lendingclub.com I have not used either service but have heard many good things about p2p lending.

 

[dutchmasterroller]

I would say look into peer-to-peer lending like prosper.com or lendingclub.com I have not used either service but have heard many good things about p2p lending.

 

[usainboltisfast]

Originally Posted by DutchMasterRoller

I would say look into peer-to-peer lending like prosper.com or lendingclub.com I have not used either service but have heard many good things about p2p lending.

Anyone on NT can vouch for these? I have some money I wouldnt mind "investing"

 

[usainboltisfast]

Originally Posted by DutchMasterRoller

I would say look into peer-to-peer lending like prosper.com or lendingclub.com I have not used either service but have heard many good things about p2p lending.

Anyone on NT can vouch for these? I have some money I wouldnt mind "investing"

 

[crcballer55]

If you don't have the money now with no source of income, how are you going to afford paying back the loan?  Without a long credit history, and no source of income a loan is pretty much out of the question unless you're ok with getting ripped off.

My advice is to get a job and make the $5000 over the next couple months.  Chances are... you don't NEED a car.  The things depreciate like a rock and with the loan, you're going to pay a premium for that privilege.  Not to mention, you tend to care for belongings a lot better when it's coming straight out of your account.

 

[crcballer55]

If you don't have the money now with no source of income, how are you going to afford paying back the loan?  Without a long credit history, and no source of income a loan is pretty much out of the question unless you're ok with getting ripped off.

My advice is to get a job and make the $5000 over the next couple months.  Chances are... you don't NEED a car.  The things depreciate like a rock and with the loan, you're going to pay a premium for that privilege.  Not to mention, you tend to care for belongings a lot better when it's coming straight out of your account.