company that lends loan to expats?

PAC08 New member

4POSTS

8 years ago

Hi.. can somebody help me? Who knows of someone or a company that lends loan to expats? It's quite an urgent need back home. Thank you.

1 member reacted to this post

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Christine ViP

42879POSTS

8 years ago

Hi PAC08,

I created a new topic as from your post on the Jakarta forum for a better visibiliy.

Good luck,
Christine

Fred Indonesia Expert

30549POSTS

8 years ago

Assuming you have a KITAS or KITAP and you meets the requirements of the bank in question, there are plenty of legal places you can get a loan from.
Sending the money out of the country is likely to get you refused as the banks will weigh up the risks and chances of getting their money back if you default.
A loan for a car leaves them with something to get a return on, but an unsecured loan leaves them with nothing.
There are plenty of illegal loan sharks around but your chances of arrest or broken legs means such people are a very bad idea.
You'll also see notices everywhere for loans but the rates are mad at best and they deal in low numbers only. Their legality is questionable.