braindead Posted March 12, 2009 Share Posted March 12, 2009 I need someone to get a loan for 2 weeks approx 80k baht to pay for my purchase of a plot of land. As i have wired some funds in from Hong Kong has gone stuck in some rubbish holding bank of the Bangkok Bank and the banks are giving me a hard time delaying my access to MY money. Its fustrating as my deposit will be forfeited if i fail to produce the full amount . I am willing to pay intrest up to 10% of the full loan amount. I need to know if there are any avenues available in bangkok i can get access to the funds. I own a condo and a car but the banks are not willing to give short term loans plus the processing time is too long for me. I do have pay slips from my company which proves i have an income of more than 120K Baht / mth. Anyone know where i can get such a loan . Thanks for replies Link to comment Share on other sites More sharing options...
ukrules Posted March 12, 2009 Share Posted March 12, 2009 I thought foreigners are not allowed to own land ? Link to comment Share on other sites More sharing options...
Pakeha Posted March 12, 2009 Share Posted March 12, 2009 Interesting question... Interesting nickname... I'd be very cautious of the type of people you want to borrow money from. Their default penalties are a lot worse than the banks. Link to comment Share on other sites More sharing options...
scottyd Posted March 12, 2009 Share Posted March 12, 2009 When do you need the money by? and how long after that will you have the money to pay back? Link to comment Share on other sites More sharing options...
allexx Posted March 12, 2009 Share Posted March 12, 2009 I need someone to get a loan for 2 weeks approx 80k baht to pay for my purchase of a plot of land. As i have wired some funds in from Hong Kong has gone stuck in some rubbish holding bank of the Bangkok Bank and the banks are giving me a hard time delaying my access to MY money. Its fustrating as my deposit will be forfeited if i fail to produce the full amount . I am willing to pay intrest up to 10% of the full loan amount. I need to know if there are any avenues available in bangkok i can get access to the funds. I own a condo and a car but the banks are not willing to give short term loans plus the processing time is too long for me. I do have pay slips from my company which proves i have an income of more than 120K Baht / mth. Anyone know where i can get such a loan . Thanks for replies yeah...nice try ...mate. Link to comment Share on other sites More sharing options...
grapetable Posted March 12, 2009 Share Posted March 12, 2009 get a credit card and use that......... Link to comment Share on other sites More sharing options...
geriatrickid Posted March 13, 2009 Share Posted March 13, 2009 If the situation is true, then you can obtain a bridge loan from the transacting bank. After all, the funds are technically in the bank's hands already. No risk loan especially if the land is also taken as collateral. If you cannot get the funds from the bank, you're right, only a loan shark with his extortionist rate would consider the loan. Anyone with a functioning brain cell is going to get as far away from you as possible. This is a Thai beer stool adventure in the making. Link to comment Share on other sites More sharing options...
GuestHouse Posted March 13, 2009 Share Posted March 13, 2009 Makes mental note to self ...... Soliciting loans is allowed on Thaivisa...... never know when that might come in handy. Link to comment Share on other sites More sharing options...
slapout Posted March 13, 2009 Share Posted March 13, 2009 The next question is braindead successful in his quest? If so, self seems to always be planning ahead, as some people do not appear to have done. Link to comment Share on other sites More sharing options...
Moonrakers Posted March 13, 2009 Share Posted March 13, 2009 So who can lend me a couple of grand then? I fancy getting pissed tonight. Link to comment Share on other sites More sharing options...
briley Posted March 13, 2009 Share Posted March 13, 2009 So who can lend me a couple of grand then? I fancy getting pissed tonight. Sterling or Baht? Link to comment Share on other sites More sharing options...
t.s Posted March 13, 2009 Share Posted March 13, 2009 (edited) So who can lend me a couple of grand then? I fancy getting pissed tonight. Sterling or Baht? depends where he wants to get pissed. serioulsy though, unable to come up with 80k baht? that is an overnight transfer i have done it frequently in the past. barring that what of credit cards, freinds or employer? loanshark out of the question. if you ar struggling with the deposit perhaps you should reconsider the purchase. Edited March 13, 2009 by t.s Link to comment Share on other sites More sharing options...
bungy007 Posted March 13, 2009 Share Posted March 13, 2009 So who can lend me a couple of grand then? I fancy getting pissed tonight. I've got a couple of grand parents - would they do? Link to comment Share on other sites More sharing options...
samuibeachcomber Posted March 13, 2009 Share Posted March 13, 2009 if the OP is in bangkok,try nana plaza,the girls there are pretty flush. As you cant personally own land in thailand you may have already lost your deposit sometime down the track,do you want to lose 80,000 baht as well. Link to comment Share on other sites More sharing options...
Moonrakers Posted March 13, 2009 Share Posted March 13, 2009 On a serious note, does the OP have something(s) to pawn. Although maybe 80k might be a bit much for pawning. Link to comment Share on other sites More sharing options...
tijnebijn Posted March 13, 2009 Share Posted March 13, 2009 So now the TROLLS do it this way then . Link to comment Share on other sites More sharing options...
dantilley Posted March 13, 2009 Share Posted March 13, 2009 I thought foreigners are not allowed to own land ? How do you know he's a foreigner? Link to comment Share on other sites More sharing options...
braindead Posted March 13, 2009 Author Share Posted March 13, 2009 I am making this purchase of the land as part of my dowry for my wife's parents. Kindly note i am not asking for a loan from any forumers here. I just need to know if there are any avenues i can go with to get 80K as i cannot get access to my funds. My payment due is on Monday 16th March as if i cannot come up with the money my deposit of 200k baht is forfeited. Reason i did not approach my families back home is the bank wire is 2 working days in Hongkong and its the weekends now and i need the money on monday. I cannot get an advance cash from my company as the accounts department who deals with finances is in Hongkong we are just a sub-branch here which over-sees the running operations here. Anyway its just rubbish the bank holds up my money without any reason. Pawning seems like a good idea but i cant negotiate with those Thais in the pawn shop. Anyway thanks for the replies Link to comment Share on other sites More sharing options...
braindead Posted March 13, 2009 Author Share Posted March 13, 2009 Reading the post you guys replied was just amazing. I am not ask u guys for a loan or scamming anyone here. I just thought u guys might know someone or an establishment other than a bank i can get a short term loan. Well thanks for your time i guess. Link to comment Share on other sites More sharing options...
scottyd Posted March 13, 2009 Share Posted March 13, 2009 I would have helped if I could but i'm not in Thailand till the 20th. Sorry. Link to comment Share on other sites More sharing options...
Thanh-BKK Posted March 14, 2009 Share Posted March 14, 2009 Hi Don't worry, braindead, that's how THEY are Reading is an art which not everyone knows how to perform, maybe i was the only one who read that first post (even the headline) correctly.... Sadly i can't help with the money because i am one of those who would have problems with organizing 80k however a hint: If you own a car which is no older than 8 years and fully paid (i.e. not still in finance) then you can get a cash loan at many banks, for example at the U.O.B. at the On Nut BTS station (my boyfriend tried there once but our car was too old). Bring along the blue book of the car, your WP and passport (both required if you, a foreigner, apply), bank statement and salary slips and go there EARLY. Arrive before 12 and you can expect approval (or denial) before 4 pm same day. Best regards..... Thanh Link to comment Share on other sites More sharing options...
rixalex Posted March 14, 2009 Share Posted March 14, 2009 I am making this purchase of the land as part of my dowry for my wife's parents. There's another part? Link to comment Share on other sites More sharing options...
grantbkk Posted March 14, 2009 Share Posted March 14, 2009 (edited) Now I've seen everything! Thai Visa needs a separate thread for this topic. I visualize a few drink guys sitting in the bar at 2:00 AM that bet they could get some idiot to bite on a request for funds simple by using an internet enabled mobile telephone. What fun they are having. Good one! The one who sends the most money wins the name "Braindead". Edited March 14, 2009 by grantbkk Link to comment Share on other sites More sharing options...
Jungian Posted March 14, 2009 Share Posted March 14, 2009 I would be happy to loan you the money as long as you are willing to put up your car and condo as collateral and providing they are worth 10 times the amount of the loan. My wife deals with collateral and loans LEGALLY I would like to add. PM me if your interested. Link to comment Share on other sites More sharing options...
Livinginexile Posted March 14, 2009 Share Posted March 14, 2009 I am making this purchase of the land as part of my dowry for my wife's parents. Kindly note i am not asking for a loan from any forumers here. I just need to know if there are any avenues i can go with to get 80K as i cannot get access to my funds. My payment due is on Monday 16th March as if i cannot come up with the money my deposit of 200k baht is forfeited. Reason i did not approach my families back home is the bank wire is 2 working days in Hongkong and its the weekends now and i need the money on monday. I cannot get an advance cash from my company as the accounts department who deals with finances is in Hongkong we are just a sub-branch here which over-sees the running operations here. Anyway its just rubbish the bank holds up my money without any reason. Pawning seems like a good idea but i cant negotiate with those Thais in the pawn shop. Anyway thanks for the replies Dowry??? Mate, if her parents are making you PAY for your wife...You are being robbed Jesus H Christ...if have heard everything now Link to comment Share on other sites More sharing options...
loong Posted March 14, 2009 Share Posted March 14, 2009 If you've known your lady long enough to be planning marriage, have you bought her any gold? Do the family have any gold? If so this is readily convertable to cash and can be redeemed later. Don't you have an ATM or Credit card? You actually have no way to access cash in an emergency? Have you discussed this with the family? They should know how to contact a moneylender and borrow this money as long as there is some land deed or maybe your vehicle as collateral. Is there some sort of written contract re the land purchase, or just a receipt for the deposit ? (200,000 is a high deposit on a 280,000 plot). I don't claim to know much about Thai law, but I cannot comprehend that a deposit of this size would be forfeited. If you cannot raise the cash, talk to the vendor, you may get an extension. If they are not willing and want to keep the deposit, discuss your options with a lawyer immediately. Link to comment Share on other sites More sharing options...
braindead Posted March 14, 2009 Author Share Posted March 14, 2009 Thanks for the replies. Just went to the bank retrieve my money back from Bangkok Bank. Apparently their Holding branch is not the same as the other branches where they can call the shots. Spent the whole morning there least got my money. I sincerely thank those who wanted to help and pm me those information. Take care & God Bless Link to comment Share on other sites More sharing options...
Pakeha Posted March 14, 2009 Share Posted March 14, 2009 A good result braindead. Good luck with the wedding and the new family. Link to comment Share on other sites More sharing options...
mrtoad Posted March 14, 2009 Share Posted March 14, 2009 So who can lend me a couple of grand then? I fancy getting pissed tonight. No problem, I have some INdonesian Rupiah Link to comment Share on other sites More sharing options...
Maizefarmer Posted March 14, 2009 Share Posted March 14, 2009 No problem - money lenders are thick & fast on the ground when it comes to property - its all very standardised and nothing loan shark about it: the loan is written up on a form (a standard form obtainable from lots of staionary shops, book shops). It has nothing to do with been Thai or ex-pat - anyone can enter into the loan agreement. You'll almost certainly have to hand over the property papers as security till you pay back. I'm pretty sure that 10% will be an aceptable interest rate for the lender over a short period such as this, but that is realy up to what you agree with them. Anyhow, the point is - its starightforward, uncomplicated and perfectly safe - I went through it many times myself in the '80's and early 90's while getting on my feet, and never had a problem. Link to comment Share on other sites More sharing options...
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