Pension Based Loans

[Carlosm]

I'm looking to get a pension based loan. There's hundreds of companies offering their services but i know you have to be very careful where they are concerned. So, has anyone ever got one and if so with who and was it worth it ?

Any advice would be appreciated.

[happynthailand]

first off are you married ? if so use the Banks (SCB) wife gets loan in her name ,you pay for the loan,taken out of your account every month.

have done this several times,takes about 2 to 4 weeks.

[hgma]

I needed a quick cash injection for a short period of time........we are all foreigners so i pawned my car......only to find out that the total amount paid back in a 4 month period was "upgraded to a staggering 20% + interest pay".

NEVER again.

[yoshiwara]

The dodgy geezer financial advisor network have had a hard time persuading expats spooked by the financial crisis to part with their money in investment schemes and creaming off their commissions. However there is one pie they would now like to poke their fingers into, namely pensions. For those who haven't retired the scheme is to get the future retiree to transfer the pension which can then be cashed up and for those who have retired the scheme is to pawn the income stream with the glittering allure of cash upfront.