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HELB issue.. Kindly Advice
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Robinhood
#11 Posted : Tuesday, May 20, 2014 10:23:19 AM
Rank: Elder

Joined: 12/11/2008
Posts: 2,306
Teddy.M wrote:
They're buying the low interest debt that you have from HELB for profit. It's business.


Then one day they will come to your house and auction you off. Something HELB is unlikely to ever do
Great men are not always wise, neither do the aged understand judgement...
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Angelica _ann
#12 Posted : Tuesday, May 20, 2014 10:55:24 AM
Rank: Elder

Joined: 12/7/2012
Posts: 11,935
Robinhood wrote:
Teddy.M wrote:
They're buying the low interest debt that you have from HELB for profit. It's business.


Then one day they will come to your house and auction you off. Something HELB is unlikely to ever do

Then why would you want to sell the low debt (and nobody is chasing you to pay) to them at higher debt rates!
In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
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Wendz
#13 Posted : Wednesday, May 21, 2014 9:04:31 AM
Rank: Elder

Joined: 6/19/2008
Posts: 4,268
Kassych wrote:
They say they will take care of my loan and I don't have to pay anything...how does that work?


hehehehehehehe..... There is no free lunch my friend.... no free lunch.
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nakujua
#14 Posted : Wednesday, May 21, 2014 1:32:39 PM
Rank: Elder

Joined: 12/17/2009
Posts: 3,583
Location: Kenya
Angelica _ann wrote:
Robinhood wrote:
Teddy.M wrote:
They're buying the low interest debt that you have from HELB for profit. It's business.


Then one day they will come to your house and auction you off. Something HELB is unlikely to ever do

Then why would you want to sell the low debt (and nobody is chasing you to pay) to them at higher debt rates!

some job openings nowadays require you to present a certificate from helb.
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Angelica _ann
#15 Posted : Wednesday, May 21, 2014 2:42:00 PM
Rank: Elder

Joined: 12/7/2012
Posts: 11,935
nakujua wrote:
Angelica _ann wrote:
Robinhood wrote:
Teddy.M wrote:
They're buying the low interest debt that you have from HELB for profit. It's business.


Then one day they will come to your house and auction you off. Something HELB is unlikely to ever do

Then why would you want to sell the low debt (and nobody is chasing you to pay) to them at higher debt rates!

some job openings nowadays require you to present a certificate from helb.

Yap, agreed. But the certificate can show a balance and is allowed so that they strart deducting once employed. It doesnot have to be that the loan had been cleared!
In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
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Money Whisperer
#16 Posted : Wednesday, May 21, 2014 5:25:38 PM
Rank: Member

Joined: 8/7/2010
Posts: 728
Location: Wazuaville
Wendz wrote:
Kassych wrote:
They say they will take care of my loan and I don't have to pay anything...how does that work?


hehehehehehehe..... There is no free lunch my friend.... no free lunch.

Laughing out loudly Laughing out loudly Liar Liar Liar Liar Liar Liar Liar Liar
haki ya mama jaribu uone.
"Money never sleeps"
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INTERESTING!
#17 Posted : Wednesday, May 21, 2014 8:13:17 PM
Rank: New-farer

Joined: 4/12/2014
Posts: 56
I have interacted with Quest somewhere in my day to day work but I will not say where, how or with whom. Having said that, I do not know of a company that is buying a loan to sell to HELB. Maybe they are the first....but I would not advise anyone to become their experiment.

1) Talk to HELB about it
2) Wait for the next amnesty and then pay off your loan if you can
3) Pray about it (and I am not joking)
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Magigi
#18 Posted : Wednesday, May 21, 2014 8:19:50 PM
Rank: Elder

Joined: 3/31/2008
Posts: 7,081
Location: Kenya
Kassych wrote:
They say they will take care of my loan and I don't have to pay anything...how does that work?

Are you a Kenyan...Which college did you attend...Thought education is meant to make one wiser! Just like those sms you get from Kamiti prison, you should have treated this as such...Usiseme haukuambiwa!
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Angelica _ann
#19 Posted : Thursday, May 22, 2014 6:55:06 PM
Rank: Elder

Joined: 12/7/2012
Posts: 11,935
Magigi wrote:
Kassych wrote:
They say they will take care of my loan and I don't have to pay anything...how does that work?

Are you a Kenyan...Which college did you attend...Thought education is meant to make one wiser! Just like those sms you get from Kamiti prison, you should have treated this as such...Usiseme haukuambiwa!

Go easy on the guy. Been hustling for over 10 years .... with HELB hanging over his neck. Not interesting boss!
In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
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INTERESTING!
#20 Posted : Thursday, May 22, 2014 11:09:45 PM
Rank: New-farer

Joined: 4/12/2014
Posts: 56
Magigi wrote:
Kassych wrote:
They say they will take care of my loan and I don't have to pay anything...how does that work?

Are you a Kenyan...Which college did you attend...Thought education is meant to make one wiser! Just like those sms you get from Kamiti prison, you should have treated this as such...Usiseme haukuambiwa!


@Magigi .....your name betrays you....why you be so mean on a a fella????? Laughing out loudly Laughing out loudly
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