loan money from thai bank

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JimboPSM
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Post by JimboPSM » May 8, 2007, 6:23 am

beer monkey wrote: not sure if you can obtain a early settlement figure on the car finance deals offered in Thailand.
Early settlements are available in Thailand, but you need to check that the money you save is worth it (same in Europe & US).

Early settlements often have a penalty element attached to them as the lender will have to unwind their own matching time liability (banking laws require financial institutions to match their assets and liabilities on a time basis).



kevh
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Post by kevh » May 8, 2007, 8:17 am

hxjohn,

Before you tell me i'm wrong, please look into things fully. Do you know anyone who has been granted an unsecured loan loan from a thai bank who is not living in thailand?

My guess is NO.

Feel free to prove me wrong by quoting an actual case.

hxjohn
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Post by hxjohn » May 8, 2007, 2:22 pm

kevh wrote:hxjohn,

Before you tell me i'm wrong, please look into things fully. Do you know anyone who has been granted an unsecured loan loan from a thai bank who is not living in thailand?

My guess is NO.

Feel free to prove me wrong by quoting an actual case.
kev we are talking about secured loans that is the origanal post about borrowing money on land our house #-o

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