Short on cash? But dying for that adorable YSL bag? Can’t put it on your credit card? Fear no more, Hong Kong might be able to save you. A Hong Kong firm has launched a series of television commercials offering personal loans in exchange for ladies’ luxury handbags, a report said Monday. The company “Yes Lady Finance” will pay cash-strapped socialites up to 70% of the bag’s value with 28 percent annualised interest, the South China Morning Post said.

A Louis Vuitton handbag valued at $2,600 in the second-hand market would fetch a $1,800 3 month loan, the paper said, adding that owners would lose the bags if they failed to settle the debt on time.

“It is a good fund-raising option for some tai-tais,” company co-founder Wallace Tung was quoted as saying, referring to a slang term for the wives of wealthy Hong Kong businessmen. “They may not want to sell their handbags, which may be a gift from husbands and mean a lot to them.” This will most likely put more women in debt, but it’s worth a try. Down side is, if you fail to pay any payments on the loan, you will have to forfeit the bag. Can we say, don’t front?    [Via]

Yes! The day has come, Crooks has put out some more of their womens stuff on Karmaloop! The cardigan is definitely my favorite. Shop their new stuff here. I just purchased a couple things for myself

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Peep pieces from the new Autumn/Winter 09 line from Atelier Swarovski. Designed by Giles Deacon this collection contains pieces embellished with felt, Swarovski crystals, studs, and other things like safety pins, etc.

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If God is a woman then she most definitely had a hand in creating the Fall 2009 Alexander Wang shoe and handbag collection. This line is fire! The shoes and bags are amazing and I must say that for the first time in a long time it has me wanting almost every piece. Very dangerous for us ladies with compulsive shopping habits.

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The Harajuku Girls are back! Last year the Harajuku Lovers Fragrance Collection took over with their scents and super cute bottles. According to WWD the girls are back this September with the same scents but new outfits. You don’t expect them to wear the same thing all the time do you? The New “Snow Bunnies” collection will include the 5 girls dolled up in snow gear just in time for the winter months. The 10ml bottles will retail for $30 each and will be available at several department stores including Nordstrom and Macys

Everyone knows about the Chanel bike, and we have already shown you the Fendi bike, but now its time to move up to bigger and badder toys. Mercedes-Benz is expanding from their super premium vehicle making and will now be creating folding push bikes that look as sleek as their cars do, with the advantage of being able to be folded into a small compact size for easy compatibility with public transportation. This high-end bike can be yours for $2,412.

H&M is pulling out the leather, chains, and studs for their 2009 Fall collection and so far I’m liking what I see. Think Grease-inspired biker outfits ranging from everything like studded one piece’s, leather motorcycle jackets, black one shouldered dresses, and acid washed and ripped black/greyish jeans.

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Sneak peek for Hellz Bellz Fall 2009. As you can see the sneak peek literally consists of one picture to get all y’all ladies in a frenzy, with your credit card and compulsive shopping habits in hand. Hellz always brings the gear with attitude and I expect the fall line to be no exception.

I can really get used to this song….New sound for Cudi. This appears on the “Get Wild” which was recently released in Germany.

Download: Sharam feat. Kid Cudi - “She Came Along”

Sharam Myspace

By the way:  It features a sample from Patsy Cline’s “Strange”.

Pharrell comes along with Busta Bus in another collaboration to add to the two’s career experience with each other.

“It’s the breakdown, Act like it’s made for you- get ugly act retarded scrunch that face”

Fuego!

Download: Busta Rhymes ft. Pharrell - “Show Ya G-Stro”