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Can I get a shop loan to open a new shop?

Actually, I work in the canteen shop of someone. But I want to open own shop. Therefore Can I get shop loan to open a new shop?

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    So if you go to ask the bank for a loan to buy a shop, you should have a business plan. You can even get a loan if you just say that your business plan is to let the property. If you have good margin money and the estimate of the return from rent is realistic you may get a loan. Remember this loan will be treated as a business loan and not a housing loan. This will attract a higher rate of interest and a lower tenure for repayment.

    2019.08.01 18:0

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Tomorrow is my marriage with my lovely girlfriend. But today my company, house and my all property have been seized through government due to a lot of loans. So now what will happen next with me?

It's a very difficult and dangerous situation for you. Because your whole life is going to turn into a dark night. But you must need to control yourself with patience. And ahead, you've not to do anything at this moment. Because some such moment does in our life. At that moment, we've to stay totally silent which to better for us. Okay then, let's talk about your situation, you shut up totally, don't lose control of yourself, don't take tension. You get became relaxed and cool. Because it will help in fighting your situation. Again let's talk about what will happen next. First of all, if your girlfriend does true love with you so she will stay with you. Otherwise, she will go by leaving you. And in a few moments, you'll come on land from the sky. Where on you'll have to alone again as before. But everyone and everything can leave you. But one thing can't leave you on any turn and nor in any situation. That is. Your experience, your will power your goals and your mindset. Which these things will go ahead by taking you. Because you're forgetting that you did start from the same situation. Hence you can start again from here.

I want to buy my enemy friend's company. In which he does work. But the problem is that I'm in loans

From my idea, you can help your investors in this case.

Can I get a house loan if I recently got discharged from bankruptcy?

Most financial institutions would usually do a background check but there is no need to fear. If you just go discharged this year then it might be hard but it doesn't mean that you'll never be able to get a housing loan. Financial institutions will consider approving your housing loan but you wil need to be discharged from bankruptcy for at least a year or two.

Can I sue a loan shark?

Yes, a loan shark can be sued because there is a loan shark prevention act. You can only sue a loan shark if you have paid for more than 15% interest on any loan. All the overcharge will be refunded and it also includes all the interest and charges it had given. And adding that he is harrassing the victim, he can be reported to local trading standards office and to the police immediately.

My car has been repossessed.

Not only in Singapore but all over the world, people tend to get loans from banks or from other agencies to be able to purchase a car. There are incidents when you are paying for the bills in your car, you lost your receipt and the loaner tells you that you did not pay the bill. It is a must to keep your receipt as evidence to your situation.

The bank that I loaned is being closed.

We tend to loan to banks or other agencies that offers a lot loan. But we can not excape the fact that sometimes the bank or agency that we loaned might got bankruptcy. We think that our loan have been already cancelled but it's not. Because your debt is typically up for sale when a lender closes. ... In some cases, your loan can fall under the control of the Federal Debt Insurance Corporation (FDIC). Either way, your loan terms will likely carry over to a new company — with the same APR and repayment terms.

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