₦airaland Forum

gbadexy:
Thank you very much sir.
@ jedisco, what you were told to do is apply a cheap/weak form of varnish on an emulsion but it's not worth it.
Firstly, the emulsion can't be as flat and smooth as satin or matte and it would be noticeable. The PVA would give it some sheen but it would be obvious it's just regular emulsion beneath it.
Secondly, you won't need to screed or prime if you just wanted to stick to emulsion, but add sheen to the emulsion and the contours the emulsion didn't reveal would be obvious due to reflection of light on the shining surface.
Lastly, PVA is not as water resistant as acrylic based varnish, so you may not be able to give the wall repeated cleaning.

Thanks. You gave a good overview of everything.
I was looking for an option between the two. Something with a better outlook than plain emulsion and not as expensive as satin

Morning house.

I have a building I want to paint with satin paint but I'm holding back because of the cost. Someone is advising me as an alternative to use simple emulsion paint and apply PVA after it has dried to give it a shinny, waterproof finish.
Has anyone tried this or expernced the outcome?

What would you advise?

Morning house.

I have a building I want to paint with satin paint but I'm holding back because of the cost. Someone is advising me as an alternative to use simple emulsion paint and apply PVA after it has dried to give it a shinny, waterproof finish.
Has anyone tried this or expernced the outcome?

What would you advise?

Lol... Funny video
The cow get skill sha

These bloggers self.... Make una dey sabi speak English or use pidgin if English dey hard you.
Whetin 'cruise' and 'with a shisha' dey find here

Going through some of your ads, it seems you make sales in Kaduna

Do you have tokunbo buses for sale? Can't see any you've advertised.

Simply a legend.

My respect for him soared during the Olympic games where he virtually shouldered the burden of the team both financially and on the pitch. Even during the AFCON we won, he was the leader.

He may not be playing well now but it takes nothing from him as one of Nigeria's football legends.

We should treat him with some respect he deserves

Congrats Rev. Owojaiye. A fiery and straight talking preacher.

Used to listen to his messages those days

I'm happy for him. What leads to a decline in alot of old people most times is lack of companionship.

WonderManly:
Shey you think sey na primary two or three students dey do physics ni? Alaye.........
Wake up

I'm not your usual gullible fella. Not everyone has a below average IQ

There are specific patterns one looks for in writing and its clear it was written by same person. If I decided to do something similar, I'd at least tweak the handwriting of one of the participants to make it believable to people with at least average IQ

BTW, I have come across this picture several times here and my reaction to it has been the same. It's just like most of the madeup chats and romance stories posted by different bloggers here to trend.

WonderManly:
Who to blame here: The teacher for wrong questions or the student for wrong answers?

And the teacher and student have the same handwriting. People making things up just to trend.

Why do I have a gut feeling that this whole thing would boomerang for the ladies involved and may be used as a means to blackmail them?
Let's hope we don't get to read awry stories on NL after a while

Why are the bishop and priests standing under the sun while someone holds an umbrella for the governor. It just doesn't look right

matify83:
.

In as much as I don't support her approach, I must say you're wrong with your submission.
Go read the article you posted and take note the difference between melanocytes (melanin producing cells) and melanin (the pigment they produce). The difference in amount of melanin produced is the reason behind the different shades of skin colour of different races and even albinism.

A good number of whites use sunscreen from March through November to avoid sunburn. Now the weather they are avoiding, may not even pass for harmattan in many parts of Nigeria. Around this time, they keep complaining of how hot the weather is. The weather they're complaining of is about 17-20 degrees

Pauljohn212:
Read below

You are a foolish scam

By the time EFCC parades you, let your people not come out and start pleading for you.

LuciferAkbar:
YES! YES!!
What a wonderful sight!
What an absolutely glorious sight to behold!!!

Lord, I cannot remember the last time I was this excited.

Eledumare has done it again ooo!!
Striking IPOB Osu Jews all the way from Ife to Enugu.


[img]https://media1./images/7b32aecc13e871798920938cf2d29aad/tenor.gif?itemid=8670714[/img]

@Seun these are the kind of people you should ban for life to make nairaland a sane place.

fatima04:
Lol that's easier to pronounce.
Been meaning to ask, does the 5% contribution from the government qualify as public funds.

Correct me if I'm wrong but I think its 25%. Possibly why it's capped

fatima04:
Bank Loans have better APR offers and lower interest charges compare to dealership finance

Interesting... but then, that's the good thing about bank loans. Their rates can put one in a sweet spot

Lexusgs430:
Just remember LISA LISA.........

Any experience with LISA? I heard they keep shifting the annual caps.

DaveChapelle:
2yrs +... It doesn't make sense... But its a matter of taste, security and value

Yeah. Something must chop a man's money.

One more question... About your house, did you use the help to buy/lifetime ISA? - not so sure about the name. But it's a government program than gives 25% bonus on what you save that can only be channelled to buying your first house or retirement savings

DaveChapelle:
After my mortgage, i was down to ground zero, like i was when i first moved to UK and just decided to trial getting the bank loan as i had heard it was better APR than credit cards.I got it without a fuss and really wasn't sure if i really need it, so i added a little more and changed my car. so its up to you at end of day if you want to drink garri or eat frankie and bennys at will

Different strokes... But what doesn't make sense to me is getting a loan to buy a car.

How many years had u been in the UK before applying?

fatima04:
You dont need to take it personal, no one was mocking you or making unwarranted accusations. They have simply giving you their advise based on personal opinion and the onus of making the decision lies on you.

That said, they have just giving their advise based on experience so far in the UK and while you may think you have the full grasp of it, trust me the financial system is design in such a way that some key information may still eludes you and thus the purpose of the thread to gain first hand experience from all who has passed through the "JJC" phase.

I can see you are a business man who is not a novice when it comes to taking financial risks with the purpose of high yield returns, but you have to be careful in taking loans and CC facilities. They all do look attractive and easy, but by the time you settle in and start paying a lot of necessary Bill's, direct debits quickly adds up.

You may think 3 or 4 years loan with little monthly repayment is small but the higher your income the higher your expenses. You will soon be thinking of getting a mortgage, car(s) etc on finance and boom your outstanding credit greatly outweighs your income both home and abroad.

My advise is wait for at least 1year to get a solid credit rating and then determine if that Nigeria business can sustain paying back the loan itself over the required number of years.

Lastly, I dont believe you need to make mistakes to learn a lesson when you can learn from others. A wise man takes all the notes and experiences he can absorb to make better informed decision.

All the best and do update us on your life in the UK as it goes.

Well worded. I admire the way u put your point across and thanks for the nice wishes

It was a productive conversation until someone brought the laundering aspect into it and started predicting my future.

I may not be in the UK for the long haul and apart from a small car perhaps, I'm not thinking of mortgage here at least for the next four years (likely when I can get a home in location I'd want to live in for a long time). I also think faithfully offsetting a short term loan would sure help in boosting ones credit rating and perhaps help mortgaging in the future. Correct me if I'm wrong. All I do with my CC now is groceries which may even have a negative effect on ones rating.

It was my JJC status that drove me here to find answers. But then, it seems most people here come from the school of thought that believe in tightening up, and making savings which is fine. On the other hand, I'm not happy saving money for the purpose of saving.

It definitely would not make sense expecting a business in Nigeria to pay back by moving naira to £ and that is not what I planned to do. Whatever I want to move back is money I would inadvertently spend over time but would now spend much less if I send it in one chunk and invest.

I hope to get a longer term visa soon and would re-evaluate after that.

RalphJean:
1. I am not you
2. If I were you.
3. I would get the loan from a Nigerian Bank in (NGN).
3. The £££££ I would be making in the UK, I will be transferring it, to NGN and use it to offset the loan.
4. I would agree that it is ridiculous and absolutely unwise to get a £ Loan, and send to Nigeria, then be paying in ££ (even at 3% interest) - which is NOT possible.

I'm still weighing my options and may give it a chill for now and see. Using the CC or overdraft is not worth it as those would be over 20%APR

That aside, taking a Nigerian bank loan is something else. Apart from the extremely high interest rates, the hidden charges can drive one crazy. Not to talk of what they'd require as collateral. There are very limited times one can break even with such a loan... perhaps when you're doing government supplies.

And if I was to explain further, my reason was to make some timed investments with an end plan to keep revolving the gains from that back home and settle home issues from it so I can focus on building my life in the UK and not keep worrying about always sending money home to sort things out.

Like I said, I'm not so desperate about it and can let it pass if need be. But then, there's no harm in weighing options.

Lexusgs430:
So how would that Nigerian venture sustain itself?....

The main issue is that I doubt youre really helping or just perhaps here to mock.

Also, I didn't come here to place bets on whether it would be given or not. If you think it wouldn't be given at a good rate or now is the wrong time to apply, state that clearly and move on.

You should understand that not everyone would think the way you do. The world is a diverse entity with different perceptions to it.

And now to answer your question, I never stated the exact time I need the money. I only said I had planned to apply after 3 months of arrival. Moreso, I should have been able to raise more than that sum before then. If I get the money it's strictly for purposes of scale and not because I would not be able to do what I had intended to without it.

It seems someone has taken my issue on his head to now start throwing flimsy accusations.

To clear the air,

I was simply asking for clarifications on HSBC personal loans and ILR, advertised rates and how to get it. I was hoping to learn from people's experiences who have applied before and not an obtuse standpoint. In as much as I appreciate the extra financial tutoring, I'd ask people stick to the addressing the issue at hand.

In the past I've got loans at much higher rates, broke even and grateful I took the opportunity. Again I am a product of my decisions. As far as it's not illegal, let me worry about the aftermath of my decisions

Lexusgs430:
Any application for credit, would deposit an imprint on your record........

Apply and feed us back................

In that case, I may take sometime before applying. May give it 6 months and see

DaveChapelle:
The rate might be higher than 3.3%....its just a venus flytrap to get you hooked on the nectar! Are you sure you can repay the loan too....from experience, thats how i started living hand to mouth oh!!! from, shebi its only £10.6k!....Beware....do your maths over and over again.....4yrs is not beans

Lol...
I've taken note.

Can you tell me more about your experience after getting it and how you applied for yours?
In as much as I appreciate your worry with regards mounting debt, I believe I should be able to manage it without untoward effects. If I get burnt in the process, then I would have learnt from it.

LagosismyHome:
Bank is in the business to make money not to dash money... 3.3 for 10k loan . Na. They wont be able to pay their staff that way . They do all this gimmick to catch your eye but when the real offer comes its very different

When it comes to debt.. its best to tread carefully especically for naija waka. It easier to get lost in it and then becomes difficult to find your way out .

Thanks for the advice. It's something I definitely have in mind. Of course debts can easily build up

But then wondering why everyone is sounding like I have a gun to their head. If given, I'd definitely size up the final rate before going ahead with it

Lexusgs430:
If you get that 3%, i would eat my pant.......... Apply and feed us back.......

LOL...
I saw it on their site did some research (which this is part of) an decided to ask some questions. The law states that 51% of people who apply must be offered that rate so people do definitely get it. Whether I can at this stage is another issue
After all, they giving me a CC few weeks in was in itself a risk

Like I stated above, the thing stoping me right now is time and that I'm not so sure if a rejection would affect my rating.
It costs nothing to apply and the experience is worth it even if it's rejected rather than me to keep wondering what if

Aphrodite007:
Bruv, you won’t get that interest rate. You def need a high credit score, longer UK residency and default-free ongoing credit. Even my own bank that I’ve had for 5 years offered me 29% because I had no credit history.

The credit card option is a better route. But apply for the loan. Experience na the best teacher

That sounds plausible because for a moment it seemed too good to be true. I'd do some more searching to be sure an application wouldn't affect my rating. If it wouldn't, I'd apply even if it's just for the experience.

DaveChapelle:
use a 0% cash transfer card and send to your UK debit account. Then you can send to Nigeria. However is your Nigeria investment making enough profit to offset your credit card bills!

Thanks. That might be my backup option. But I still don't really get it. Do you know if HSBC CC have that option or would I have to get a intermediary card?

I was really attracted to the 3.3% loan which would have made good sense to me. Say I take a 10k loan at that rate and space out the repayment over 4 years, I'd repay in total about 10.6k. Extra 675 which doesn't seem bad considering the time involved.
But then, it seems the rate varies and the main issue is not getting the loan but getting a good rate. I may give it a few more months, try and build my credit score in the little way I can and apply to see the rate I'm offered.
I read somewhere that since that's the advertised rate, they're legally bound to offer that rate to at least 50% of customers. If this is true, then hope to make the cut.

RalphJean:
Wow! You get mind sha.
You want to:
1. Take a £ Loan, with interest paid in £
2. Change the £ to NGN, and invest in NGN
3. Make profit in NGN, then convert the profits to £ to offset your £ debt.

That Nigerian Investment must surely be an extremely High-yield, Risk-free Investment right?

I'm not thinking about bringing back the profit or converting it to £. I have financial commitments back home which I have to keep upto. So it's either I make certain sacrifices so I can offset stuff from investments there without having to depend on what I make here to respond to stuff back home.

Moreover, the sum I'm looking at is one I should be easily able to offset within a few months if need be. If I get it here at the right rate (say 3-5%), then it makes perfect sense to me rather than missing a timed opportunity or looking for something similar at much higher rates back home.

I know it may not make sense to many and no investment is risk free, but then, it's the way I perceive life. I came here on the back of certain investments some of which didn't seem so logical to many they were made but proved life-saving when I needed them.

I'm not so much bothered about the sensibility in it but the possibility.