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Updated over 9 years ago on . Most recent reply

Account Closed's profile image
Account Closed's profile image
Account Closed
  • Lender
  • from Dallas, Texas
  • Member since May 19, 2015
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Account Closed's profile image
Account Closed's profile image
Account Closed
  • Lender
  • from Dallas, Texas
  • Member since May 19, 2015
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Account Closed
  • Lender
  • Dallas, TX
128
Votes |
283
Posts
Private Lending & Conventional Mortgage Advice

looking for a loan

Account Closed
  • Lender
  • Dallas, TX
Posted

I have a client that is looking for  a $10,000 personal loan for less than 60 days.

He has a pension distribution that will pay back th loan but those funds will not be available until July 13th.

Any ideas other than the obvious about borrowing from thier bank or borrowing against IRAs.

Thanks

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Darren Eady's profile image
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Darren Eady
  • Rental Property Investor
  • from Lindon, UT
  • Member since Mar 16, 2015
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Darren Eady's profile image
Darren Eady's profile image
Darren Eady
  • Rental Property Investor
  • from Lindon, UT
  • Member since Mar 16, 2015
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Darren Eady
  • Rental Property Investor
  • Lindon, UT
438
Votes |
862
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Darren Eady
  • Rental Property Investor
  • Lindon, UT
Replied

They really should borrow against their IRA for a small loan amount like this without additional collateral.

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