personal loan opinion

[livingston]

Hi, just want to check do other receveid the message for personal load,
i received a lot and find it attractive.
for example
100kx60 month = 1850 pay back per month
max up to 500k soft like.

the interest seem cheap, just simple calculation it seem 1850x60 = 111K/100k
= 11.1% for 5 year, 1 year around 2.22%.

it seem cheap and can borrow money to invest the share when the right time come?

how much a personal can borrow? based on multiply of salary per month?

please give your opinion on this.

 

[stars8]

https://www.police.gov.sg/media-room/news/20200102_others_loan_scams

 

[rich1228]

Those sms ones are either scams or illegal. Money lenders are not allowed to advertise like that.
A friend got scammed out of $3K when he asked glfor a $20k loan. They will always ask you to transfer a deposit to process the loan.

 

[wenguang]

glad you check in hwz. 100% scam. do not engage them.

many examples in this thread
https://forums.hardwarezone.com.sg/...harassment-how-stop-part-2-a-6074965-139.html

 

[dork32]

Hi, just want to check do other receveid the message for personal load,
i received a lot and find it attractive.
for example
100kx60 month = 1850 pay back per month
max up to 500k soft like.

the interest seem cheap, just simple calculation it seem 1850x60 = 111K/100k
= 11.1% for 5 year, 1 year around 2.22%.

it seem cheap and can borrow money to invest the share when the right time come?

how much a personal can borrow? based on multiply of salary per month?

please give your opinion on this.

this is not way to calculate interest. the effective interest is at least 2 times 2.22%.

The rate is similar to that of a car loan. Since many drivers love to take car loan, the interest is still not too bad. much better than many personal loans offered by banks.

 

[Mecisteus]

it seem cheap and can borrow money to invest the share when the right time come?

Too good to be true.

Better run far far away.

 

[zack14]

100% scam