Need a loan, can't get one. Advice?

tbeswick96

Friends like trolling me on forums like these...forgot I even had an account....

How do I delete a thread? Don't want to clog the forums with crap....although looking at the replies it could be turned into a "I found a pyramid scheme what do I do" advice thread XD

PasturesNew

Firstly it's a LOT of money ....
Secondly, it's a LOT of money ....
Thirdly, you probably stand no chance.

I've seen a lot of online businesses over the years - many of which turn up on those Dodgy Dealers TV programmes..... with people ploughing in their inheritance from their mum, hiring staff and borrowing ... only to discover that nobody ever made a penny from it.

These things can present as exceedingly easy .... if it's that easy why don't they hire staff to run it?

I've been involved in internet marketing for years... many years.... and I have seen your words thousands of times...... and I've been to seminars by these people and I make my money online.... I'd not buy into it....

" the best internet marketers in the world...and they make the sales for you"

If it were that easy they'd be just hiring......

Lioness_Twinkletoes

tbeswick96 wrote: »

Hi,

I am 18 and have a small part-time job. I have found an online business that is really good. I want to maximise what I earn from this business, and in order to do so, I need to get fully positioned.
This sounds dodgy I know, but the way this business works, everything is done for you pretty much.
What I need is £14,300 in order to get fully positioned. That's more money I've ever seen in one place, but the great thing is if I get the loan and allow the business to do what it is known for, I can pay the loan back really really easily. In fact, just a few sales of this businesses products will cover it all, and that can take as little as 1 or 2 months. Again, sounds iffy, but trust me. This bit isn't the problem I have.

My main problem is actually getting a loan. I am 18, do not have a full-time job, and have a poor credit score (no credit cards etc)
and so far from what I've looked at I will always be denied a loan.

What I am wondering is if there is some way of someone else getting the loan for me. I don't want to ask my parents as I want to keep this business a surprise until I start making big profits (which will happen as long as I get fully positioned immediately)

So, ignoring the seemingly dodgy business (it isn't..the people involved are the best internet marketers in the world...and they make the sales for you), does anyone have any ideas as to how I can get a loan? Is there someway of getting a middle-man sort of thing, where someone else gets the loan for me and I pay it all back? (Basically guaranteed to pay it all back...no dodgy crap...I don't like being dodgy)

Thanks for your time,

Tim

Ignoring the fact that this sounds very, very dodgy, the short answer is no.

The only way you can get a loan is if someone is [STRIKE]stupid enough[/STRIKE] willing to get a loan in their name or as guarantor (which is much the same). I highly doubt anyone is likely to do this.

One day you'll be glad you couldn't borrow the money.

Idiophreak

tbeswick96 wrote: »

Hi,

I am 18 and have a small part-time job. I have found an online business that is really good. I want to maximise what I earn from this business, and in order to do so, I need to get fully positioned.
This sounds dodgy I know, but the way this business works, everything is done for you pretty much.
What I need is £14,300 in order to get fully positioned. That's more money I've ever seen in one place, but the great thing is if I get the loan and allow the business to do what it is known for, I can pay the loan back really really easily. In fact, just a few sales of this businesses products will cover it all, and that can take as little as 1 or 2 months. Again, sounds iffy, but trust me. This bit isn't the problem I have.

My main problem is actually getting a loan. I am 18, do not have a full-time job, and have a poor credit score (no credit cards etc)
and so far from what I've looked at I will always be denied a loan.

What I am wondering is if there is some way of someone else getting the loan for me. I don't want to ask my parents as I want to keep this business a surprise until I start making big profits (which will happen as long as I get fully positioned immediately)

So, ignoring the seemingly dodgy business (it isn't..the people involved are the best internet marketers in the world...and they make the sales for you), does anyone have any ideas as to how I can get a loan? Is there someway of getting a middle-man sort of thing, where someone else gets the loan for me and I pay it all back? (Basically guaranteed to pay it all back...no dodgy crap...I don't like being dodgy)

Thanks for your time,

Tim

Head down to the laundrette and ask Loretta to speak with Big Tony. He'll see you right until your [STRIKE]schem[/STRIKE] business takes off. If the business doesn't come off, your kneecaps will.

Foxy-Stoat_3

If the £14,300 is a foreign lottery that you have definitely won, a long lost relative that has left you $10,000,000 in their will or a bank account from Uganda that is the same name as yours I would forget about it and keep working.

dealer_wins

You wont get a loan anywhere near that amount. And that is a very good thing as any business promising stupidly high returns is a scam.

You need to ask yourself: If returns are spectacularly high, why would anyone invite YOU to invest.

If I could legally and without risk make £14000 in 3 months by investing £14000, I would not be inviting someone else to take my sweet profit!!

CHR15

tbeswick96 wrote: »

I have found an online business that is really good.

No it isn't, it is a scam.

The only sucessful business you have found is the one which extracts £14,300 from the pocket of an idiot for doing nothing other than writing a few words.

Tell you parents about it so they can convey verbally what we are all saying.

Tixy

Ignoring the actual sound of this particular deal.

You want a loan to expand your business - so you would need to make a commercial loan application. A potential lender would judge the strength of the business proposition and review the financial projections you have produced. So you'd need a business plan and some detailed monthly financial projections that convince them this is a good deal and convince them that your financial projections are realistic and that you'll be able to service the loan.
You are already earning some money from this business - is that right? if so they'll also want to see some accounts for the work you have done so far.

All that said I doubt very much that this business proposition is even a quarter as good as you are being told, and even less chance of you convincing the bank that it is.

DCFC79

Just 1 thing if its really good as you say why has no 1 else not snapped it up before ?

Foxy-Stoat_3

DCFC79 wrote: »

Just 1 thing if its really good as you say why has no 1 else not snapped it up before ?

There's probably many like minded folk searching for ways to raise the £14,300 to get the returns promised by the [STRIKE]business[/STRIKE] scam operator

tbeswick96

Everyone thinks it is a scam...although the 3000 odd people already in the business didn't see it that way...and guess what, they no longer have to go to a 9-5 job and don't need to worry about money any longer...and got a free Mercedes (Oh yeah, did I mention that the total earnings of this business is over $300,000,000? The majority of that has been given to the partners (the 3000 people))

Aside from that, what I wanted to find out was how I could get a loan. And as I thought, it ain't gonna happen XD Don;t know until you try though eh?