Small loan amount
What loan options are there if you need a small loan amount of say less sthan $1000? Are there any options available?
Answer:
Around here it is difficult to obtain a very small loan from a bank. I think many of them require something like 1500 and more. There are PayDay loans but I would never suggest using one of these. Look into a Line of Credit option, sometimes called a quickcash loan, it works like a credit card but you have to go into a bank to get an advance on it (eliminating some of the impulse aspects) Also, Credit Unions will beat banks on interest rates, especially with smaller dollar amounts.
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