Collateral:
-Passport (Identity) So you can post it anywhere if I don't make repayments
-Other personal informations
-Access to my online store that I will create so you can see/check my future earnings and sales(I will give you account to access the store)
-30% of my online store monthly earnings will go to you (even the loan is fully paid)
-After 18 months you are the owner of the store(100%) it's up to you if you will run it by yourself or sell it.
-Passport (Identity) So you can post it anywhere if I don't make repayments
-Other personal informations
-Access to my online store that I will create so you can see/check my future earnings and sales(I will give you account to access the store)
-30% of my online store monthly earnings will go to you (even the loan is fully paid)
-After 18 months you are the owner of the store(100%) it's up to you if you will run it by yourself or sell it.
1. A password isnt valid collateral. You could just make a fake passport now these days using someone info.
2. "Access" to your "store" isnt valid because that doesnt mean the lender would get paid.
3. Future income isnt valid collateral
4. So are you trying to startup a business or sell a [useless] business to someone who gave you money to start it up?
*NOTE*
-The lender will not be only a lender of my store but investor with no risk, you get my repayments + the interest and the percentage of my future earning
-The lender will not be only a lender of my store but investor with no risk, you get my repayments + the interest and the percentage of my future earning
A lender isnt an investor. They are a lender who will always have risk because a "startup" has a 98% chance of failing.
-Lender can reach me anytime, we can skype everyday you can set the schedule so you can assure that I'm commited to my loan.
-If you want to start online store business, I can create you one, don't worry about the product I have supplier, I will design and teach you how to market the products to consumer, so we both earn money the same way.
Again, are you trying to start your own business or sell one to someone who is lending you money?
-Every month I make repayment, I will give you a Mystery Gift Box ships directly to you +$25 worth of any gift cards, you can choose(steam,amazon,spotify, etc)
So you will buy stuff for the lender.... with their money...?
-After 6 months I will pay 2x of the amount of my repayment, it's just a bonus, other repayments is not affected.
-If you want to buy products in discounted price I will help you find one.
-After 8 months you can request me any product you want to buy online it's free ($1000 worth of product)my repayments won't be affected.
-After 18 months you can visit me all expense paid trip , I will tour you on one of the famous tourist spot in my country(If you want to). This month you are the 100% owner of my website.
-After 24 months I will send you a "Thank you mystery gift worth ($1500)", even the loan is fully paid, the reason why is because you help me to be financially free.
-If you want to buy products in discounted price I will help you find one.
-After 8 months you can request me any product you want to buy online it's free ($1000 worth of product)my repayments won't be affected.
-After 18 months you can visit me all expense paid trip , I will tour you on one of the famous tourist spot in my country(If you want to). This month you are the 100% owner of my website.
-After 24 months I will send you a "Thank you mystery gift worth ($1500)", even the loan is fully paid, the reason why is because you help me to be financially free.
Do I even have to say it...?
-Don't worry if the store is not earning money in the first month, because it's the building stage of the store, adding my products and driving traffic and running advertisement campaign, the repayments and incentives won't be affected
Of course they wont be affected because you would just be repaying them with their money..
-I know I'm a newbee here and my first post is seeking for a loan but I am just trying if I can get a loan here, I respect your opinion guys.
-The reason why I'm seeking loan here is to benefit too who lends me, unlike banks they don't care about your/my offer even if it's too favorable.
-The reason why I give this much offer because I have no valid collateral only my passport, and I can't offer anything but my Identity, access account and future earning percentage + the incentives.(the incentives will serve as late collateral)
-The reason why I'm seeking loan here is to benefit too who lends me, unlike banks they don't care about your/my offer even if it's too favorable.
-The reason why I give this much offer because I have no valid collateral only my passport, and I can't offer anything but my Identity, access account and future earning percentage + the incentives.(the incentives will serve as late collateral)
The reason why banks wont lend to you is because you have no credit, no realistic business plan, and no valid collateral. Banks love making money but they want to see realistic projections.
-We can negotiate on the interest if my offer is not enough for you.
-If my repayments is 7 days late, 50% of my online store earnings will go to you for that month.
-If the repayment is late in 30 days you can withdraw the earnings of my store( that's why the online store access account will serve as collateral, you can change the password anytime.)
-If the repayment is late in 30 days you can withdraw the earnings of my store( that's why the online store access account will serve as collateral, you can change the password anytime.)
If repayments are late, that shows that youre store isnt making money and thus cant have "earnings" going to the lender that month, or even be withdrawn from this store.
-If you want to sell the store ( I will help you find a buyer the price will depend on website's traffic and earnings history). [24th month]
-If you want to run the store and don't want to sell it, I will teach you how(I will give you products to sell and will teach you how to drive traffic and make a sale and it's free no worries) so you can earn and grow it. [24th month]
-If you want to run the store and don't want to sell it, I will teach you how(I will give you products to sell and will teach you how to drive traffic and make a sale and it's free no worries) so you can earn and grow it. [24th month]
Again, this sounds like youre just trying to sell the lender a [useless] store that was built with their money..
-The loan term is 24 months at 25% interest + 30% of my online store monthly earnings
Example: $2000 earnings for the month of april (30% = $600) directly to your bank account or bitcoin wallet.
***Loan Amount:$30000
$30000 + 25% interest = 37500 / 24 =($1562.5 monthly repayments)
Total amount to pay: $37500
Example: $2000 earnings for the month of april (30% = $600) directly to your bank account or bitcoin wallet.
***Loan Amount:$30000
$30000 + 25% interest = 37500 / 24 =($1562.5 monthly repayments)
Total amount to pay: $37500
A loan with 25% interest? This stands out more because banks offer much lower interest. Usually between 7% to 15% APR.
-The reason why I will give you the ownership of my store on the 18th month, it's because I have enough funds on that time to create another store and to reward you because you help me fulfill my dream.
That sounds more like selling than a reward..
-What is the expected earnings of my online store? My goal in the first 3 months is to make $3000.
-Don't worry if the store is not earning much money, the repayments and incentives won't be affected.
-Don't worry if the store is not earning much money, the repayments and incentives won't be affected.
If your business isnt making enough within the first few months, thats a clear sign that repayment (if any) wouldnt be happening.
-If you want to buy products from my store, I will give it to you in a wholesale price.
I dont believe a lender would want to buy something from your store... because wouldnt they be getting paid with that same amount of money they used to buy said product?
-After I fully paid the loan I will share you one secret website that you can earn money no one knows in this site, so you can still earn money the same way I earn.
So why are you coming here if you have this "secret website that you can earn money" from?
-If I pay the loan early than it should be, don't worry I will pay in full amount + the interest, and the incentive doesn't stop there. You still get the incentive listed here. (30% of my monthly earning, Mystery Gift Box + $25 worth of gift cards every month, 2x amount repayment after 6th month,discounted price of any products online[not free], $1000 worth of products on the 8th month[free], 100% ownership of my website (18th month), all expense paid trip to meet me and tour you,free 1 product from my store,the *secret website* for you to earn money the same way I earn, "Thank You Mystery Gift Box worth ($1500) 24th month.
So the incentive of lending you money is for you to "reward"(?) the lender with their money?
*The Only thing I ask is the loan, I know it's huge amount of money so I offer these things to you, no borrower would offer you incentives like this,you help me I will help you too, so please don't hesitate to contact me, This page will be updated on what's going on to our transaction, thank you very very much!*
You offer things that isnt of value and useless to a lender. You clearly havent read anything because if you sat down and read through the stickies in the forum instead of typing this all out then you would know you would need valid collateral that is 120% of what youre asking. An ID/Passport isnt valid because no one is going to waste their time and money trying to come and sue you. Releasing that information doesnt get their money back and it goes back to my previous statement that the passport could be fake so you could be using someone identity with your picture slapped on it. If you have a house, go get a second mortgage. If you got a car, get a title loan. If you have items you could pawn or sell, go do that. This isnt the place for you and based on your OP, you have no realistic forecast or projection of revenue for this so called startup. It sounds more like youre trying to buy a lender over by selling them a useless store with these "incentives." Thats not how lending works. Thats not how repaying work. When I see stuff like that, its 99.99% chance of being fake and youre just looking to run off any amount of money someone sends you.
I would highly suggest that you lock this thread before you get a negative trust (if you havent already) and go out and either sell or pawn your stuff or get a loan from a bank, or just do nothing because no one here in there right mind would lend you that much money without valid collateral.
