Hi All, I'm about 5k short in cash to finish the renos of my house (which I'll then refinance). Any (solid/concrete) idea where I can get it? Private lending should be ok too as I only need it for about a month or two.
Credit card is the simplest and quickest way (a new one) and it will not cost a big application fee or extortionist type exit fee like the type of last resort finance you are considering. Do the sums, and you will see what I mean, especially if you are only talking 5 grand, and get a low interest rate card. Will save you $$$. All the best with the project finish.
Hey thanks for the reply . Any idea which one? I already have one which is maxed out (yeah, everything costs more & takes more time…). So, since I have to tell the (new) credit card company of that they might decline my credit card application and there goes my credit rating down…
Emil, Please be careful of any private finance arrangements on such a small sum – you may face some hefty establishment and exit fees….enough to make GE look like a registered charitable non profit organisation…….and we all know how likely that is……..You may find family or friends may be interested in helping you out in a business arrangemtn type loan at rates higher than a home/personal loan, but less than other private funding. WIn WIn. All the best.