Designer bags are a status symbol in any country but in Asia, it’s on a whole other level but with all your money locked up in a bag, what can you do? Well Yes Lady Finance in Hong Kong has a solution, they will offer personal loans in exchange for ladies designer handbags. A Louis Vuitton handbag worth USD$2,600 would be worth a USD$1,800 three-month loan to woman looking for some extra cash. But if you don’t repay the loan on time you will forfeit the designer handbag. [AFP]
Hi. The other day I saw a quick repotasje of what your company is based on and what you do. I live in Norway and will unfortunately not be able to borrow bags from you. I also saw that you sold the bags used as you had which is second hand bags. Is it possible to have ordered it through you? It would had been a great opportunity to add a bag with a granti. Is there a possibility for that? If it is, it would have been something I had been very much appreciated. I look forward to your feedback. Best regards. Stephanie Hassan!