i just got my confirmation letter in my company. generally there is a policy for car loan to personel and i am in dere need of a car as i take 4 buses to get to work and its killling me slowly. i was so such i would get a car loan immediately i am confirmed but somehow i dont seem too sure anymore. is it proper to ask for a loan immediately you are confirmed? wont it send wrong signals about your desperations?

Honestly i am desperate but i'm particular about work ethics particularly in international standards.

what does the company hand book say if they have one. if they dont you can discreetly ask older colleagues and find out how it operates there.
your fear about seeming desperate is valid but if you need it that badly and feelers put out are positive then ask. you will only get a no.

psychologically thinking, it may be seen as an act of desperation.
You've been hopping in buses before you got the job, little patience won't kill you.
Knowing fully well that your suffering will soon end.
Patient, patient!!

Chill, chill ok. Socialise with your older colleagues and teasingly ask them. Max wait till 3months.

generally there is a policy for car loan to personel and i am in dere need of a car as i take 4 buses to get to work and its killling me slowly

If the policy allows for car loan once confirm, why not. Go for it.

However as said by marjo and valacious, mingle with your older colleagues and discreetly ask them. wait another 2/3 mths

Nonetheless, look out for the terms of repayment, interest (if any), saving up for a substantial deposit is a good way to go

There's not much protection in NGN labour law especially if (God forbid), a dismissal/retrenchment occur in the (near) future.

Thanks to everyone who responded that year. I almost forgot I was ever so desperate for a car . lol!
Just for fillers... I went on to get the car loan because the policy was silent on it and my line manager understood my plight (although his boss was not impressed because he thought i was just being materialistic) but I didnt buy the car immediately, I put the money into co-operative and towards the end of the year pulled it out in double along with other savings. (I recall I was saving 2/3 of my monthly salary in co-operative then and every other bulk money like leave allowance/Xmas bonus etc went fully into co-operative as well).

That year by December, I got a 1999CAMRY, BOUGHT a piece of land and travelled ON HOLIDAY to the UK.
Then it was like my a major breakthrough because of where I was coming from, JOBLESNESS!!!
Since then God has been faithfully and today I actually have an official brand new car from the same company which fall due for change every 4years.

Seeing this actually humbled me and made me realize how far God has brought me. I pray his mercies continue to show for me and mine and for you all. Thank you for being a part of my story.

[quote author=pastormrs post=92703958]Thanks to everyone who responded that year. I almost forgot I was ever so desperate for a car . lol!
Just for fillers... I went on to get the car loan because the policy was silent on it and my line manager understood my plight (although his boss was not impressed because he thought i was just being materialistic) but I didnt buy the car immediately, I put the money into co-operative and towards the end of the year pulled it out in double along with other savings. (I recall I was saving 2/3 of my monthly salary in co-operative then and every other bulk money like leave allowance/Xmas bonus etc went fully into co-operative as well).

That year by December, I got a 1999CAMRY, BOUGHT a piece of land and travelled ON HOLIDAY to the UK.
Then it was like my a major breakthrough because of where I was coming from, JOBLESNESS!!!
Thank God for you,i remember this story of yours. Bossman you fit show me small love?it's not been easy with the pandemic.