Accommodation Problem

james i feel so sorry for u. i wish there's a way i could help but i'm staying with a family member.
for the loan u are planning to take, i think it's risky since u have only been with the company for two months.
But if the pay will be enough to settle the bill (within the shortest possible time)and cater for your needs, then go for it.
u know a bank loan means serious business. Try your best and pray for God to help u settle it. God Bless.

Dear James,

What is your location for this need?

James, i could imagine your plight, but don't allow your condition push u into more difficult situation. Frankly speaking bank will not consider granting u a loan because your source of repayment is not guaranteed given that u just started work. even if they consider that u may not  meet their collateral request which might include a guarantee from your new employer and direct payment of your salary to the bank to enable them make their deductions before allowing u access to whatever might be left out. The interest rate and conditions of repayment will be to high and stringent for u to cope with.

That might lead to more liabilities and componding of your problems. You could get a cheaper and more comfortable accommodation You can afford else where than going 4 a loan. So I will sincerely not advice You to go for a loan.

Believe and trust God for an alternative, and He will surely provide one for you.

May God be with u and make a way for you.

Seun i blive he still stays there.

Young man, i want to blive that securing a bank loan would not be the surest way to solving what is on ground. Happy to hear you have a new job, why can't you just manage with the proceeds of your take home pay ^{however meager it is}

Second, if you feel your expense is larger than your income, you could better and securely get this same loan from your current place of work. At least explaining your plight to the management could give you favorable consideration.

Furthermore, your expected/anticipated 180k accommodation as the solution to the situation on ground is not it. ^{This is too much}. Alternatively go for the smallest start (One room ^{face me and face you}) and then grow to (Self contain).

Finally, Its high time you spend more time at the Business Section of this forum. You can't rely on employment for long.

Thus is my submission

@JAMES
INTERESTING , EVEN SEUN IS FEELING FOR You, OL BOY THIS IS NAIJA , I WILLL TELL You A LIL BIT OF MY STORY, I GOT A JOB IN ABUJA , EL RUFAI WAS DEMOLISHING HOUSES EVERYWHERE.ONE ROOM IS 150K FAR FROM WHERE I WORK , IN TOWN ITS LIKE 300000K FOR ONE ROOM ,, THIS IS THE KIND OF THINGY THAT MAKES US HAVE NO FEELING FOR THOSE ELDERS THAT DIDNT PLAN FOR US, HOW COULD I BE THIS OLD AND NOT BE ABLE TO AFFORD A ROOM OF MY OWN IN MY FATHERLAND, AT TIMES I FEEL LIKE SMACKING SOME OF THESE PEOPLE BUT , MY MATURITY TAUGHT ME THAT LIFE IS JUST A MERE JOKE, ANYHOW IT COMES I LAUGH AT IT LIKE THAT ,

PS. I AM STILL WRITING ICAN TOO, AND I HATE ICAN LIKE MAD NOW , COS MONEY IS MORE IMPORTANT THAN STUPID CREDENTIALS IN NIGERIA ,

WITH ALL MY QUALIFICATIONS , THIS GOVT DOESNT FINK I SHOULD BE PROVIDED WITH A JOB , THATS WHY TRUE LOVE IS NOW LOST, IMAGINE IF LIFE WASNT LIKE THIS

@ Seun

while I agree that we have misplaced priorities concerning job expectations. But as much as it is everyone's business to do something, there'sstill a part Govt must play to provide an enabling environment, if not whhat are they there for?!

also blame our educational system thats structured to produce graduates who's mindset is focused on getting a job.

@james

You don't need 180k for one room at the places you mentioned

Better still go to areas like ogba where you will get a better deal.
Wish you all the best and pray God sees you through this period. Remember: This Too Shall Pass.

If your story is true (believe me, I know enough people in Lagos to verify your story, even your ICAN status), send me a mail at *****@yahoo.com. I might be able to help.

Hi,

I was hoping your location is Abuja where I currently live and I think I could have put you up for a defined period of time (which I have done now and then). Cant help but feel for you as I came into Abuja 7years ago with no place to lay my head for a while so I know what you are passing through.

As advised by one or two people, you should start from somewhere cheaper and move up the ladder. I do admire your guts though.

nairaland don turn a place were people go come dey announce dia problem abi?no no get problem?
if i narrate my problem here am sure james will shut his mouthup.
instead of wallowing in self pity james u go get serious and solve your problem like any man shld.
Guess here me goes!!!

hi guys,just joined this forum,posted a new topic ,but can't find it anywhere .can u guys help please.am confused.guess am not doing it rite.thanks for your anticipated help

instead of being homeless I think the idea of getting a loan is a sound one. Thank God we are in an era of credit chasing you, once you have a regular job and pay check, overdraft and credit facilities are at your beck and call, so embrace it brother, gd luck

Why do you need  a loan at just 2 months of work? or even 1 year working you still don't need a loan. Look for an apartment to share, or a very cheap location until you stand well as a man, people plan according to their income and you did not mention your income in the first place.

Learn to save money for the future and don't let that "gra gra for nothing wey we Dey do for naija catch you", wear your coat according to your size and my people said that "a short man hangs his bag were his hand reached". A word is enough for the wise

The link to your thread dear:  http://www.nairaland.com/nigeria?topic=97501.msg1730041#msg1730041

 james,  

to me there is no problem in taking loan, as long as u hav a sure source of repayment.

as an accountant, taking loan is no big deal as long as i can judiciouslu use it

think of it u will be more comfortable and this can accellerate your succes in your prof exam and enhance your chances for better job. so if a bank is willing to give u at a moderate interst rate, and the monthly repayment wont affect your survival cool

but like others have said 180k is too much for a self contain acc alone except there are other inv to go to