A loan from the bank...
By srpkinja
@srpkinja (375)
Canada
July 10, 2008 11:50pm CST
I was wondering, if a couple cannot have children and really wanted to have children and thought surrogacy was the way to go but did not have money to pay for this, what could they do? Could a couple get a loan from the bank, which would probably be something around $60-80,000 to get this done? And what if the parents couldnt pay the loan back to the bank; would this mean that the baby is the banks property? I thought of this while replying to a discussion about Surrogates in India. Is this possible? and if so, Is this a smart way to go?
1 person likes this
1 response
@meggan79 (436)
• United States
11 Jul 08
I would think it would be really difficult to get this type of loan. I tried getting a car loan and couldn't qualify but I qualified for a house loan. Reasoning being that I couldnt up and move the house so they could get their money back if you default on it. I would imagine you would have to have a really good credit score, etc. I would go to your local bank and talk to a loan officer about your options.
A cheaper way would be to become a foster parent and then adopt. You would have to research the rules in your state, but some will pay for the adoption and even pay you every month till the child is 18. You can give them the age group you are willing to take. Gives a child a home that needs one and allows you to have a child without a huge financial burden.
