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

Foxy-Stoat_3

tbeswick96 wrote: »

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))

Is THAT what the scammers told you?

Idiophreak

tbeswick96 wrote: »

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?

I think you have to try being a little honest with yourself.

The reason you don't want to talk to your parents about it is because they'll point out it's a massive scam and a waste of your money.

The reason you can't just put a business case together and present to your bank is because they'll point out it's a massive scam and a waste of your money.

[Deleted User]

tbeswick96 wrote: »

...and got a free Mercedes

This just gets better!

Gaz83

I smell a troll.

Tixy

Will these marketing people not offer you a loan or an advance? or allow you to repay the costs of 'positioning yourself' out of your first few months earnings?
If they know the business they they'd be best placed to assess your ability to repay, and if they are so sure in the business model then it would be very low risk to them (and could probably charge you a premium for the loan as well if they are your only option).

Or perhaps one of these 3000 people who understands the business themselves may be willing to consider a loan to you?

Failing that I guess the other option is you could contine to do this work as you have been doing so far, even without being fully positioned, and earn what you can from it until you have sufficient savings to be able to position yourself and make these super-profits that will then be available.

tbeswick96

EDIT: Tixy, thank you for a good answer. You may ignore the remainder of this post

You're right. With that attitude none of you can get anywhere.
I asked for help about loans, not your assessment of the context.

Here's what I'm going to do.
I'm going to come back in 4-5 months time and give you all a nice break down of how well or badly this goes.
If it goes well? We'll see who's laughing...
Badly? Well I guess you can remain on your high-chairs for the time being.

Thanks all for your time and honesty and for giving me an insight into why our society is as paranoid and pathetic as it is.
Now if you'll all excuse me, I have some A-Levels to do.

DCFC79

tbeswick96 wrote: »

You're right. With that attitude none of you can get anywhere.
I asked for help about loans, not your assessment of the context.

Here's what I'm going to do.
I'm going to come back in 4-5 months time and give you all a nice break down of how well or badly this goes.
If it goes well? We'll see who's laughing...
Badly? Well I guess you can remain on your high-chairs for the time being.

Thanks all for your time and honesty and for giving me an insight into why our society is as paranoid and pathetic as it is.
Now if you'll all excuse me, I have some A-Levels to do.

Nothing wrong with the attitude shown. You can't get a loan as you dont earn enough for a start, if your so sure about it ask your parents about borrowing the money, would you listen to the advice given from your parents ? Its not going to go well as its not going away without the finance in place.

Tixy

This "fully positioned" phrase is one used by MOBE / My top tier business / whatever the next new name for the same business is.

A quick search on google (filtering out obvious advertising) tells you how the [STRIKE]business[/STRIKE] scam works

[Deleted User]

tbeswick96 wrote: »

Thanks all for your time and honesty and for giving me an insight into why our society is as paranoid and pathetic as it is.

Because a lot of strangers were trying to stop a kid fom making a hugely expensive mistake?

BillJones

tbeswick96 wrote: »

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

Jesus.

The foolishness of youth.