Thread: Advice about an unsecured loan..

In 2002 I was given a 7 year and 3 year loan which would run concurrently. I thought I was getting a 10 year loan. Turns out, BOS doesnt do 10 year loans and this was given to me instead. I had to take out this loan to repay the debt I had run up on charges and credit. This has ruined my life! I am now 43 and paying debt is getting me nowhere.
I was wondering if the selling of 2 loans which run concurrently was legal. I mean, how can I be sold a 3 year loan in 2002 when it's not due to start until 2009? I am looking into reclaiming my bank charges...any help or advice would be greatly appreciated.
Many Thanks for your time and considerations

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Why don't try using credits to buy something in which it doesn't cause any problem like debts since the amounts are low to pay every month.

Somebody can help with figuring out the appropriate interest rate on an unsecured business loan for flipping.

For a secured business loan from a hard money lender, it seems the going rate is around 18% per year with the property as collateral and the borrower contributing around 20% to 30% of the capital.

And some "lenders" who are willing to put all or almost all of the money have a profit share arrangement in lieu of interest.

So what about a lender who wishes to simply lend on an unsecured basis? The lender is willing to lend up to 80% of the cost.

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