Posted by Rick Denney on September 23, 2003 at 11:08:46:
In Reply to: Re: Financing a Tuba? posted by Roger Lewis on September 23, 2003 at 06:38:19:
If you need to borrow money, credit unions are the first institutions to consider, in my view. They are set up for making small, secured loans like for musical instruments. I don't think it will have to be specifically a musician's credit union, though they would already understand the value of the instrument as collateral on the loan. You might have to prove that value to a loan officer accustomed to boats, cars, and computers. But credit unions are mostly customer-oriented since they are precluded from investing in the ways that many banks do.
Rick "thinking most CU's might be friendlier when reviewing the credit report (or lack of a credit report), too" Denney