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can't get a loan but own a house

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13

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  • monkey74
    monkey74 Posts: 42 Forumite
    Part of the Furniture 10 Posts Combo Breaker
    edited 19 October 2023 at 8:31PM
    From one of your earlier posts it appears your mother bought the house and gifted it to you. But you dont care if you lose the house!

    Because I won't lose the house, and even if I did sell it, I could buy a much better one within months.
  • monkey74
    monkey74 Posts: 42 Forumite
    Part of the Furniture 10 Posts Combo Breaker
    Martico said:
    If you've got a secure contract and a valid business proposition, I fail to see how you can't get a small business loan.
    [Edit - and yes, I know that "if" is doing a lot of carrying in that sentence]

    I'll try but difficult, given that its overseas
  • dil1976
    dil1976 Posts: 484 Forumite
    Part of the Furniture 100 Posts Name Dropper Combo Breaker
    monkey74 said:
    Martico said:
    If you've got a secure contract and a valid business proposition, I fail to see how you can't get a small business loan.
    [Edit - and yes, I know that "if" is doing a lot of carrying in that sentence]

    I'll try but difficult, given that its overseas
    monkey74 said:
    Martico said:
    If you've got a secure contract and a valid business proposition, I fail to see how you can't get a small business loan.
    [Edit - and yes, I know that "if" is doing a lot of carrying in that sentence]

    I'll try but difficult, given that its overseas
    Your company must have some presence over there to prove your business is capable of delivering these contracts? 
  • monkey74 said:
    monkey74 said:
    Your colourful past according to previous posts suggests to me that you are a very high risk customer.

     The whole purpose of any British embassy is to help our citizens in a particular country but I have never heard them support people in this way.
    Are you sure you are not being scammed here?


    no it's all real, I've met with governors and congressmen over there

    The trade and investments division of the embassy are involved in securing funds


    You surely don't trust that scam website?

    a baseless accusation

    this one then

    or this one





    Sorry if that is all you have got to go on then you will lose money - fact!
    Where are the contracts?
  • henry24
    henry24 Posts: 418 Forumite
    Eighth Anniversary 100 Posts Combo Breaker
    I've got to agree with everyone saying it's a scam and not genuine but I'd love for monkey74 to come back in 3 months and show us how wrong we are 
  • monkey74
    monkey74 Posts: 42 Forumite
    Part of the Furniture 10 Posts Combo Breaker
    monkey74 said:
    monkey74 said:
    Your colourful past according to previous posts suggests to me that you are a very high risk customer.

     The whole purpose of any British embassy is to help our citizens in a particular country but I have never heard them support people in this way.
    Are you sure you are not being scammed here?


    no it's all real, I've met with governors and congressmen over there

    The trade and investments division of the embassy are involved in securing funds


    You surely don't trust that scam website?

    a baseless accusation

    this one then

    or this one





    Sorry if that is all you have got to go on then you will lose money - fact!
    Where are the contracts?

    the contracts are here in my possession, I don't see what they have to do with you, again this is not about me proving to you this is real. It's about me trying to get the cash for the next few weeks. I may already have a source anyway
  • monkey74
    monkey74 Posts: 42 Forumite
    Part of the Furniture 10 Posts Combo Breaker
    henry24 said:
    I've got to agree with everyone saying it's a scam and not genuine but I'd love for monkey74 to come back in 3 months and show us how wrong we are 

    OK, I'll do that
  • monkey74 said:

    the contracts are here in my possession, I don't see what they have to do with you, again this is not about me proving to you this is real. It's about me trying to get the cash for the next few weeks. I may already have a source anyway
    I realise that people questioning the reality of your situation is annoying but please understand that many people come to these boards for advice after losing money to fraud and scams.  There are some very knowledgeable people giving free advice here; they are trying to make you aware of possible dangers, that is all.
  • sourcrates
    sourcrates Posts: 31,494 Ambassador
    Part of the Furniture 10,000 Posts I've been Money Tipped! Name Dropper
    edited 20 October 2023 at 11:41PM
    This time next year Rodney we`ll be millionaires, I just need to raise 15k for a new van off boicey, any ideas ?

    I`m sorry, the whole thing smells to high heaven, has to be a scam.

    Unsure if you are the perpetrator or the victim in this.
    I’m a Forum Ambassador and I support the Forum Team on the Debt free wannabe, Credit file and ratings, and Bankruptcy and living with it boards. If you need any help on these boards, do let me know. Please note that Ambassadors are not moderators. Any posts you spot in breach of the Forum Rules should be reported via the report button, or by emailing forumteam@moneysavingexpert.com. All views are my own and not the official line of MoneySavingExpert.For free non-judgemental debt advice, contact either Stepchange, National Debtline, or CitizensAdviceBureaux.Link to SOA Calculator- https://www.stoozing.com/soa.php The "provit letter" is here-https://forums.moneysavingexpert.com/discussion/2607247/letter-when-you-know-nothing-about-about-the-debt-aka-prove-it-letter
  • You have a company with a contract to build a dam in the Philippines and you need to borrow £15,000 to buy a van to boost the company's reputation within the Philippines so the van has to be purchased in the Philippines...?

    If your business partner is such a good sales man why can't he ask the others in the company for money to fund the van?  If he's that good a salesman he will be able to spin the reason to make it sound reasonable.  I cannot see any lender lending someone with no income and a low value house money to fund a business venture on the other side of the world.  Could the British embassy help with funding ideas?
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