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Personal loans for persons without permanent residency?

Discussion in 'The Pub' started by grue, May 6, 2013.

  1. My missus is on a bridging visa waiting for her PR to go through and is looking to get a small-ish personal loan for a fairly short term, but of course no banks are willing to touch her. Unfortunately having just bought a car I'm not in a position where I can lend her the money myself.

    Does anyone have any suggestions on if there are any services that specialise in situations like this?
  2. Aside from dodgy loan shark

  3. how much for how long?
  4. $4k for 6mo (looking to get the loan in July and pay it back by sometime in October, but figures a bit of padding never hurt and if she takes it out until 1/1/14 it's the smarter move).
  5. I'll lend you $4k but it will be at 40% interest
  6. Can you act as Guarantor for her loan?
  7. This may be stupid as I know squat about it but is a loan from her place of citizinship out of the question?
  8. He bought her online, they don't know where she is to give her money
    • Like Like x 1
  9. If that's the case, you may be able to get a personal loan through a bank if you are willing to go guarantor for her. Failing that do you trust her to pay it back if you got it in your name?
  10. Should be able to get a credit card at about 7.99% interest without too many problems.
  11. It's possible but it'd be a bit of a logistical nightmare, we'll look into that.

    Looking into this, might be a possibility.