How to get offshore loan against insurance or bank guarantee ?

Answer 1

Best Answer - Chosen by Voters

Send mom overseas, and ask her for the loan.

Seriously.

Any other offshore "lender" is probably going to scam you. Insurance isn't collateral, and if you qualify for a bank guarantee, THEY would lend you the money.

Answer 2

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If possible, try and avoid taking out secured loans. If the amount you need to borrow is small or you have good enough credit to borrow without collateral, then do so. Although unsecured loans have higher rates, they are less risky because your home will not be at risk if you cannot make the payments.Try and take a loan out over the shortest period you can afford. Taking loans out over 10 years or more can be risky, and you cannot be sure what your financial situation will be at that time.

Answer 3

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