@sreten and Joe Remi
First of all, you are not the OP so it is not really importent if you are happy with the advice we give. Secondly, where is all the anger (and all the time you spend expressing it here) comming from? Any idea why Smallwheeler and I are the only peopel responding? Peopel ask and ask and ask, without taking the time to read first. If they did they would find that unless you know what you are doing, and unless you can do some wrenching there is no way to get a fairly good bike for next to nothing!
Most peopel are cheap when buying bikes. Often it may be better to buy nothing instead of buying cheap. If you have no money and really need a folder then looking for a used better quality bike is the best you can do. The money spent on a cheap one can be totally wasted.
If you have no money and no food you may have to start growing food. If you have no money and no folder you may have to start learning, unless you can trade favours. Ask any LBS if they are willing to take in a no name cheapo bike and tune it to work well, and what it would cost.
We have been watching sreten (kicking and screaming) learning that "better tyres are better- and the best is to buy them on sale". The experience has been like watching somebody trying to take a XL christmas tree the wrong way (top first) trough the dor. Could you plse learn more quietly about the rest of the bike?
I learned from my mother that "Empty drums make a lot of noice". I think I`ll change my profile.