Emergency Loan Facilities

kmmcgk

Member

Member since 20 January 2015

kmmcgk

10 August 2015 12:44:59

kmmcgk

10 August 2015 12:44:59

Hi,

Does anyone know of any facilities that can provide emergency loans?

I have a major personal emergency and my bank can't process until the end of September as I've just moved to them (at the request of my employer).

It is literally a life or death emergency where I require to borrow 1000BD until 01st October. Due to the urgent nature, I am happy to pay whatever interest or charges would be applicable. I have until the end of this week if anyone can advise me at all.

Thanks.

logicalindian

Bahrain Expert

Member since 01 May 2013

Juffair

logicalindian

10 August 2015 13:43:08

3094

logicalindian

10 August 2015 13:43:08

3094

Juffair

Hello,

As far as i am aware most of the banks will want you to transfer your salary for availing a loan facility. Why don't you check with your company regarding an advance payment or may be they have a loan facility? if not then i have heard about Bahrain Credit, but i have not come across anyone who has availed a loan facility from them.
http://www.bahraincredit.com.bh/mainmen … nal-Loans/

I am sure if anyone else has more info they would reply back.

T&R

kmmcgk

Member

Member since 20 January 2015

kmmcgk

11 August 2015 17:00:18

kmmcgk

11 August 2015 17:00:18

Thank you for the link!

Farhaz

Bahrain Expert

Member since 19 May 2013

Manama

Farhaz

13 August 2015 17:04:02

2081

Farhaz

13 August 2015 17:04:02

2081

Manama

hi kmmcgk

A word of caution - whatever your emergency, DO NOT borrow from any "friendly and compassionate" individual lenders. These people are loan sharks. They charge exorbitant interest rates. And they are criminals who will not hesitate to harm you if you delay payment.

Its bests to borrow from banks or other recognized lending institutions. Maybe even ask your employer for help, if this is only until 1 October.

Guest8286

20 August 2019 22:32:15

Guest8286

20 August 2019 22:32:15

Hi ,I know your post is way old,but I am in the same situation,I am in urgent need of money,Did you get any solution to your problem if yes how??

XTang

Bahrain/UAE/Saudi Arabia Expert

Member since 22 April 2014

Riyadh

XTang

21 August 2019 15:30:38

11221

XTang

21 August 2019 15:30:38

11221

Riyadh

There is no solution to such a problem except to borrow from friends or family.

Guest8286

21 August 2019 15:49:33

Guest8286

21 August 2019 15:49:33

Thank you for your response,

Lawyer.zahraa.alwatani

Active member

Member since 15 October 2021

Lawyer.zahraa.alwatani

30 October 2021 13:15:04

Lawyer.zahraa.alwatani

30 October 2021 13:15:04

Check with Bahrain Credit

leo27ish

Member

Member since 28 April 2022

leo27ish

28 April 2022 04:52:46

leo27ish

28 April 2022 04:52:46

@XTang please can u refers me to I need to ask a lending money

*****

My name is leo

Moderated by Djameel last year
Reason : Please do not share contact details on the open forums.
We invite you to read the forum code of conduct

XTang

Bahrain/UAE/Saudi Arabia Expert

Member since 22 April 2014

Riyadh

XTang

28 April 2022 13:25:59

11221

XTang

28 April 2022 13:25:59

#10

11221

Riyadh

You keep posting for a reference for a loan. Go to a bank. Private money lending is illegal (And potentially dangerous) in Bahrain. Giving a reference towards such activities is also against the forum rules.