Self liquidating arbitrage loans no kid dating sites
This is the scam, but you'd have to be a REAL sucker to think that some bank was going to give you a loan for 0 million.
Unfortunately, there apparently a few of these suckers around, paying their application fee for the loan and then sitting around sometimes for years waiting for the loan to fund.
To give you an idea of how an arbitrage loan is made here is an example.
Basically, an Arbitrage Loan, looks like this: All of the above actions take place SIMULTANEOUSLY at the closing of the loan, which is arranged by the " Escrow or law firm " for the Boutique Investment Banker who put the deal together.
Since you will obtain the required collateral and income-producing instruments from the loan proceeds, your credit history does not matter.
All you need, is a viable project for which the fall-out from the loan will be used.
It refers to a loan that is used to generate proceeds that are in turn used to repay the loan.
Basically, a borrower takes out a loan used to finance business activities that generate revenue.
Its a loan where you profit from the spread between interest rates. According to their promoters, there are five simple steps to building a huge fortune in a couple of days: Well, this is how is supposed to work anyhow. It doesn't, for obviously as you can see above there are several critical flaws -- probably the most important being that nobody is going to loan you from 0 million to 0 million unless you're Bill Gates or some lesser billionaire, or a publicly-traded corporation with lots of assets to seize if you default. Just walk into your local major bank and tell them you would like to take out a 0 million loan; and don't mind that jacket they give you with the long sleeves, they're just being courteous. What self-liquidating loans are (these are also sometimes called "Arbitrage Loans") is best explained by how they purportedly work.These multi-level marketers and other criminals have engaged in this form of cyber-terrorism because our telling the truth about their fraudulent schemes was hurting their ability to sell to new victims. Fortunately, our ISP now recognizes that these fake spams are bogus and ignores them, and additionally we are duplicating this site on numerous other servers (including "hardened" servers as well as our own proprietary servers) so that we cannot be harmed by these multi-level marketers and other criminals.