Is it hard for traders to get loans/credit?

Discussion in 'Professional Trading' started by dv4632, Nov 9, 2012.

  1. It is easy to do in the Bahamas...
     
    #71     Aug 6, 2018
    They likes this.
  2. mlawson71

    mlawson71

    It depends on the jurisdiction and it depends on the bank, but it usually is not easy.
     
    #72     Aug 9, 2018
  3. timdug

    timdug

    #73     Sep 3, 2018
  4. bln

    bln

    Yes you do, because paying cash for a house is stupid.

    Not optimal use for ones capital. Especially true as a trader.

    One solution to the getting-a-mortgage problem is to get the loan while you have full time employment. After you got your mortgage you are free to leave your work and pursue trading full time.
     
    #74     Sep 8, 2018