Foreign Currency Loans

Posted on 15 May 2010 by Rebecca


I am looking for somewhere to get a loan for 30,000.00 dollars can you help?  No I dont have bankrupty on my record, but I have some bad credit.

Rebecca

There are several foreign based banks in the UK, together with some Offshore banks who will all offer loans or mortgages in $US. The problem you will find is that they will probably consider the size of loan you are looking for too small.

Depending on your personal circumstances, you might find it easier to raise a £Sterling personal loan and then convert the cash to US$.

I recommend that you speak to a mortgage and loan adviser who specialises in foreign transactions before making any decisions on how best to proceed.

Peter

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