[jim5130]

can somebody give me an idea where can we avail a personal loan.. aside from the banks here in hong kong?

[PDLM]

Roughly how much, and are you looking for secured or unsecured?

[jim5130]

$20,000.. what do you mean secured and unsecured?.. im sorry.. i don't have idea..please enlighten me..

[PDLM]

Put simply a secured loan is one where you pledge some property that you own which the lender can claim if you fail to repay the debt or the interest. An unsecured loan is one where the lender gives you the money essentially "on trust" that you will have the means to repay on schedule. Secured loans have lower rates of interest than unsecured.

And, I'm sorry to be blunt, but haven't you just spent 9 months persuading Immigration that your (unmarried mother) wife had the means to support you as her dependant?

[jim5130]

yes.. actually its a very complex case. Now immigration issues are cleared. I have an ID w/c allow s me to work. Next issue.. finding a job. (lol). do you have any idea where we can loan (unsecured)

[PDLM]

You realise that an unsecured loan will cost you 3-5% per month in interest?

UA Finance is one of the higher profile finance companies: http://www.uaf.com.hk
(Not a recommendation - I have no personal experience of this sort of stuff)

[jimbo]

Ummmm I doubt anybody would actually give you a loan when you don't have any means to actually pay it back, i.e no job.

[jim5130]

thanks for the idea.. my wife is working.. so..she can avail it..

[Mango33]

when your wife is working why then need a loan to support your life?