Print

Please login or register.
1 Hour 1 Day 1 Week 1 Month Forever
Login with username, password and session length

[onemorefoot]

Just asking, because some users here wrote that you can get up to 21000 euro

[IwannaBeTaller]

I don't believe taking a loan to do LL is a good idea. You will be unable to work for at least some weeks and if complications occur, you might be unable to work for longer and pay our loan back.

[Bander72]

You should try to get a desk job like kilo when you can that way it be doable to start  working a few weeks after surgery.

[682]

Firstly, I would advise anyone to have the money already saved for any type of elective procedure. Finances and the consequences of borrowing should not be a concern during such a mentally and physically arduous process which may postpone any earning potential for the foreseeable future. You should have all of your finances sorted and a safety net for complications. If I may offer some advice, please wait, live frugally and save the amount needed for this surgery rather than borrowing money.

Now, to answer your question. Your circumstances will dictate how much money a bank will loan you, your age, employment, credit record, risk assessment, location etc. will all factor into it. If you truly want this question answered I would recommend going into your local bank and discussing it with a loans adviser.

Best of luck.

[Jack1066]

I may also get a loan (if I do not get enough inheritance to cover the costs) however, 682 is right, and I wouldn't take my own advice if I was anyone else after all, you can always do the surgery later on, and it's a kind of crazy think to put yourself in financial stress over.

In my opinion, even if you want to get a loan and don't want to wait, save up first to make sure you'll have enough money over the year or so of limb lengthening to pay back the first year's payment, because during this time you will almost certainly not be working. (At least enough money for the first year). Even better, save up more, as it's possible if there are a lot of complications you will not be able to get back to work in time to continue paying back your loan.

Also, pay attention to how much you will need to pay back every year, and compare that to the bare minimum you might be earning in the year after limb lengthening surgery. Because I want to continue my education, and if I do so I will get a living grant, that means I will have roughly UK minimum wage to live on (that's if I don't also get a part time job, which I probably will if paying back a loan, but I also have to consider the small possibility I can't get a job for example). In the worst case scenario that I can't continue my education and all that is available for me is a minimum wage job (or nothing!) I can still get together the money to pay it back. For me, paying back the sort of loan I may go for on this amount of money is perfectly manageable and reflects my normal spending habits, but of course it really depends on the individual.

I don't know how much that would be, but I imagine a 21k loan would cost you roughly 3k euros a year for 8 years in back pay. That might be a lot of debt to live with but it all depends on your circumstances.

I'd also say, don't sacrifice education and so on in order to do the surgery if possible.

[Jack1066]

Will you be getting this loan to do internal femurs with Mitkovic?

[yyes]

Just asking, because some users here wrote that you can get up to 21000 euro

Here's my plan.

Save 30k and then borrow 40k and have the surgery with monegal.

The bank wants to see that you have assets and good credit history. Use the 40k loan for the surgery and the 30k for complications and the six months that I will be out of work.

Its not ideal but not all of us have the luxury of paying for this surgery in full

[onemorefoot]

Mitkovic is offering precice for 35k, my another option is Dr. Pili( HEF)

[onemorefoot]

How did kilo get a desk-job?

[Alu]

Yeah guys lets:

a) Provide financial advice to a teen who probably has no clue how the real world works, and just how restrictive debt can be at an early age

and b) Yeah guys lets borrow money to pay for a cosmetic procedure that's one of the riskiest of them all. I'm sure with all that loss of time/money you guys will be just fine and dandy. I'm sure you guys probably did save up a surplus amount of currency to also pay for any complications that occur along the way. Because you know... why else would you be getting a loan to begin with right??

[onemorefoot]

Well, if I get the money my mom would borrow the money not me( I dont even work), if I wait 10 years more it would more expensive.More advices are well read.

[YourSpaceBoyfriend]

Never borrow money for this surgery, who the hell knows what will happen.

Yeah guys lets:

a) Provide financial advice to a teen who probably has no clue how the real world works, and just how restrictive debt can be at an early age

and b) Yeah guys lets borrow money to pay for a cosmetic procedure that's one of the riskiest of them all. I'm sure with all that loss of time/money you guys will be just fine and dandy. I'm sure you guys probably did save up a surplus amount of currency to also pay for any complications that occur along the way. Because you know... why else would you be getting a loan to begin with right??

Yup.

[onemorefoot]

Then what the hell I do?? I would go for only external tibia, the worrying thing is sleeping.

[Jack1066]

*shrug* if he can get a loan at a lower interest rate, maybe 3% APR, there's no good reason he can't pay it back, if that's what he really wants. Getting a loan at low interest, paying it back, might be hard, I don't know how old he is.

I mean he should have extra money saved up too, for complications and paying back the debt, but if it's just extra money he needs to pay for the surgery, then surely that is OK.

Getting a loan out can mean he only needs to save up for the safety net for complications (plus a bit extra towards paying back the loan) rather than having to save up for the surgery too, which tbh would take years for most people, seeing as we are talking a few tens of thousands of euros. It might, for example, halve the time he has to wait for the surgery, and let him stretch his money a lot further.

Obviously getting into debt at the expense of the rest of his life is a really bad idea. I don't know what his plans are and how much getting into debt would hurt them...

[onemorefoot]

Get money from a bank is sell your soul, God help us.

[onemorefoot]

Ah LOL, one thing I forgot to mention, since 3 years ago I am living in LA, where currency is sh$t.

[682]

Please bear in mind that while the surgery may feel urgent, in reality it isn't and can be done at any point in the future. It would be much more beneficial to undergo this journey from a place of financial security so as I stated in my earlier reply, please consider all of your options before needlessly putting yourself in debt.

[The Kaiser]

Onemorefoot, you said before if you're 5 ft 9 you would be happy, now you grew to 5 ft 9 (175 cm) right? and where are you from?

[onemorefoot]

I wrote ifI were 5 10.