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If you needed an urgent short term loan, how would you do it?

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  • dealer_wins
    dealer_wins Posts: 7,334 Forumite
    Another person who believes in "free money".

    It never ends well lol
  • Herzlos
    Herzlos Posts: 15,870 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    Go for an overdraft or credit card.

    Assuming you're buying stuff at trade, you'll presumably only get 50% markup on it (75% retail). If you go the payday route and can't shift the stuff within a few days you'll pay more in interest than you make in profit.
  • Lungboy
    Lungboy Posts: 1,953 Forumite
    Part of the Furniture 1,000 Posts
    Loan shark seems the sensible way to fund such a low-risk plan.
  • Lungboy wrote: »
    Loan shark seems the sensible way to fund such a low-risk plan.

    I would suggest a mate of mine who would kindly lend you the money you need.

    Not sure why, but they call him knuckles, but get him quick as he seems to be 'away' quite a bit and only contactable by letter.......think his address starts with HMP something or other.
  • Clive_Woody
    Clive_Woody Posts: 5,937 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    Use your savings to fund this wonderful opportunity.

    or

    Dragons Den.
    "We act as though comfort and luxury are the chief requirements of life, when all that we need to make us happy is something to be enthusiastic about” – Albert Einstein
  • RuthnJasper
    RuthnJasper Posts: 4,032 Forumite
    Part of the Furniture 1,000 Posts Photogenic Combo Breaker
    If your friend's business is successful, can he not lend you the money?

    Genuinely, Unre4L, if this IS a legitimate plan of yours, step away now.

    Taking a payday loan to trade in dumped stock from companies engaging in tax avoidance schemes? Nothing about this can or will end well.

    If this is NOT a legitimate plan of yours, please stop wasting the time of well-meaning forum members and find something better with which to occupy yourself.
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