The Property Buyers

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Getting Cash Quickly  

There are occassions when your month is just too much for your money! The paycheque has been eaten up, your close to your overdraft limit, and your credit cards are maxed out. Then the unexpected happens; the car breaks down, the boiler goes down, or the washing machines gives up the ghost. There are a few cash alternatives:

• Ask a Friend
• Ask Family
• Sell your Jewellery
• Pawn Broker
• Loan Sharks

Asking Family and Friends for Money

There are three words that really hit the ‘nail on the head’ when asking a family member or friend for a loan – “don’t do it”

Loans from family and friends invariably lead to sullied relationships if they are not paid back when it expected or even when you have given it back to them on time, they may tell others when you’ve asked them not to, leaving everyone uncomfortable. If you going to lend money to or borrow money from a friend or family draw up a contract.

A contact can be way of a promissory note or even a deed of trust drawn up. Such an agreement can resolve issues if they occur in any eventualities’. The lender knows that they are protected and the borrower knows the condition they borrow money on.

Here’s a contract to start you going!

Selling Your Possessions

There a myriad of companies who will buy your prized possessions at ‘knock down’ prices. Expect to get 50% or less of their value if you want to get cash quickly. If you do have time then a number of brokers pawn. Go to the association of Pawnbrokers who will guide you in the right direction - NAPB

Loan Sharks

Two to three million percent interest rates, bruises, misery – DON’T!!!!

Loan Companies

They are varied and many. You really need to the small print in a contract. Companies such as Quick Quid

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