How do i pay back the lender when i apply for a lawn ? Little by Little every month ? or the whole amount next month ?

Update:

If i don't pay them back will they go after my Social Security or SSI ?

Update 2:

If i apply for only $250.00 lawn ?

5 Answers

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  • Clive
    Lv 7
    4 years ago

    I've never heard of anyone applying for a lawn. If you want a lawn, you plant grass.

    If on the other hand you mean a loan, then it depends on what terms you agreed. I have no idea what those are. If you don't pay, they may put it in the hands of a debt collection agency, and if you still don't pay, eventually you will get sued. Then it will be up to the court if it decides to go after your social security - only a court can order this.

  • 4 years ago

    That would depend on the terms of the loan.

    Any sort of personal loan is tough to get. If Social Security/SSI is your only income, you probably won't be able to get any sort of loan.

    Edit: Traditional lenders (ie banks) won't do a $250 loan. To them, it is not worth the paperwork. The only options are PayDay loans and Pawn Shops. The only "lender" who would let you borrow $250 and pay back a little each month would be a friend or family member.

  • 4 years ago

    Pay cash at a yard sale. [ You want a loan, not a patch of grass you need to mow. ]

    $250 can be a cash advance from your credit card, or pawn (or sell) something. Maybe even just borrow from a friend.

  • 4 years ago

    there is a set MONTHLY payment that includes interest - everything is clearly spelled out when you get the loan - depending on teh type of loan, it can last from 12 monthe to 30 years of MONTHLY payments

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  • 4 years ago

    ur payment is due monthly but it is a good idea to set aside money each to make the payment the day before it is due.

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