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Thread: Cosigner for loan financing fell through, what to do?

  1. #1
    Reznor
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    Default Cosigner for loan financing fell through, what to do?

    My credit is horrible. I had someone to cosign with me to get financing for my BA, but they fell through. I tried applying for like 3 loans by myself and got turned down immediately. What should I do? I have no problem paying the loan back, I make enough money, but if I can't find a cosigner I'm pretty sure I can't get the financing anywhere. =/

    Any ideas? I need the financing by Monday.

  2. #2
    God/dess Emily's Avatar
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    Default Re: Cosigner for loan financing fell through, what to do?

    Is it possible to save up for them and get the boobs later?

    I did that and I liked it because I was super motivated and I wasn't paying interest. I actually saved up the money in a month.

  3. #3
    Banned Melonie's Avatar
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    Default Re: Cosigner for loan financing fell through, what to do?

    loans for breast augmentation are even harder to get approvals for than car loans or home loans. The obvious reason is that (in my state at least), if the girl fails to make timely loan payments the creditor isn't allowed to 'repossess' the implants !

    About the only hope you have of getting 'financing' by monday is by discussing the situation with your doctor's office. They have already scheduled the doctor's time and the surgical facility for your surgery. If you offer to pay them all the ready cash that you can lay your hands on (it would have to be enough to cover the cost of medical tests and the surgical facility and the implant purchase ... like maybe 50% of the quoted total price), plus agree to pay them the balance with interest in a very short time period (like 6 months), the doctor may agree to do the surgery and wait the 6 months to receive his surgeon's fee.

  4. #4
    PhillyDancer1982
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    Default Re: Cosigner for loan financing fell through, what to do?

    Have you checked out doctorssayyes.com? It's a website specifically for girls in your situaiton, who want breast augmentation surgery but do not have good enough credit to get normal financing. They offer financing to EVERYONE, however if your credit is really bad you might have to put down a partial deposit. The other downside is, you can only select a surgeon from their list, so your surgeon might not be one of the surgeons that the loan could cover. Check it out just to see.

    There are also personal loans from places like American General Financing and other subprime, "predatory" lenders.

  5. #5
    Sitri
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    Default Re: Cosigner for loan financing fell through, what to do?

    ^^^and that is how you get deeper and deeper in shit.

  6. #6
    Banned Melonie's Avatar
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    Default Re: Cosigner for loan financing fell through, what to do?

    ^^^ DoctorsSayYes and some other services perform the following function. They make contractual arrangements with plastic surgeons offices that are normally 'fully booked' that, if and when there is a cancellation in the office's normal surgery schedule that DoctorsSayYes can supply a 'fill-in patient' on very short notice. In exchange, the plastic surgeon's office agrees to do the surgery at a discount (on the theory that earning say $4000 from a fill-in patient is better than earning say $0 of the $5000 regular price from a regular patient who cancelled). Thus DoctorsSayYes can afford to finance a shaky $5000 loan for the 'fill-in' patient, since they are getting a $1000 immediate 'kickback' based on charging the 'fill-in' patient the full $5000 and only paying out $4000 to the plastic surgeon. On top of this they get to collect 10+% interest charges on the $5000 loan. Thus even if 20% of the loans go bad, DoctorsSayYes still makes a profit.

  7. #7
    Featured Member Katherine's Avatar
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    Default Re: Cosigner for loan financing fell through, what to do?

    Postpone.

    Save up for the boobs and then pay in full.

    You can always get a loan in this society, even with no credit. Just be prepared to pay exhorborent (spelling?) interest rates when going to these 'sub-prime' lenders.

  8. #8
    God/dess Deogol's Avatar
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    Default Re: Cosigner for loan financing fell through, what to do?

    I agree. Save for em.

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