% interest rate for long term deposits. Best deals?

rubenpriego

New member
Feb 28, 2011
464
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Wondering how much is the rate for bank deposits in pesos for one year or so.
I always was told % is very high. Any good option. Bank websites dont give those numbers....
Cheers!
 

lisagauss

Bronze
Feb 16, 2011
721
0
0
You get better rates on personal loans in pesos at this time. Lots better. Just make sure the collateral is there.
I agree. Personal loans are the way to go now but make sure, I mean 100% sure, you dont lend any money without collateral. Be it the title to a property, the title to a car. Probably your best bet would be to find a lawyer that is already doing this. He will look into the collateral to make sure it is legit and no other liens are present. Image someone tells you they want to borrow $1M pesos and they hand you a fake title of a property; how would you tell its fake?
 

monfongo

Bronze
Feb 10, 2005
985
19
38
I now a guy who was in the loan bus, He ended up getting beatin to death and thats after they got him to hand over all of the loan agreements, nobody was ever caught.