Author Topic: In need of a short term loan  (Read 10857 times)

Outworld09

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In need of a short term loan
« on: March 09, 2014, 04:37:06 PM »
Hi my name Outworld and i'm looking for a short-term loan in the amount of $9,000. I live in Charlotte NC my credit score is not good (520) but i can repay this back quickly. I had a car accident last year and was out of work 3 months ( which i was not paid) but my my job was retained. I  work for a technology company and have been employed there for over 15 years. i also have a part-time job as well (4 years and current). I need to pay off some bills that im behind on. I'm also married with 2 childern. My wife is a full time worker too. I have 401k but my company will only allow one loan from it at a time. I currently have a loan which is why i'm seeking the $9,000 to pay it off. Once I repay the $9,000 I will have access to take out a new loan in my 401k. which i will use to payback my investor plus the interest. The entire process takes less then 3 weeks from start to finish ( I've done this before and can provide references). If you are willing to take a chance on me I will provide you with access to my 401k site so you van review how much is there and how the loan process works. I'm also willing to do a 3-way call with my retirement company so you can verify how much i can withdraw, how soon I can take the new loan, and how long it will take for them to cut the new check. I will also offer proof of residency, current pay check stubs and bank statements. this a win win for us both. I get to payoff my bills and you get your money back plus interest in less than a month!!! Im open to negotiate any rate that you may charge me. 
Thank you for reading. 

core

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Re: In need of a short term loan
« Reply #1 on: March 09, 2014, 05:05:37 PM »
Number [1] Am I to understand that you are trying to take out a loan just so you can borrow even MORE money?  Why does this sound like a very bad idea?
Number [2] If you are now working again, please explain the reason you need to borrow more money.
Number [3] You say the loan will be repaid in 3 weeks.  Why do you think this is a good thing for a lender?  We want interest, and there's no real interest that can be made in 3 weeks.  Quick payoffs are a bad thing.
Number [4] Please briefly explain why lenders should commit their limited $ to help to fund your loan?     
Number [5] Why do you have such an unusual name?

Advance thanks for FIVE answers that will help other lenders, and myself, to make a informed decision. Lender 505570 U S Marine Corps RETIRED, Virginia Bch, VA Sunday 03.09.2014

New Jersey Guy

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Re: In need of a short term loan
« Reply #2 on: March 09, 2014, 06:02:35 PM »
 My THREE questions are: QUESTION ONE: Does your Gross $ Monthly Income include spouse, fiancee, partner? If not included, what is household's Gross $ Monthly Income? Or Gross $ Yearly Income? (FYI: Borrower who submitted application is income established initial eligibility. After funded, borrower income qualifies promissory note that must be issued. A-B-S-O-L-U-T-E-L-Y no cosigners. But does permit another's income to help repay your unsecured personal loans.) QUESTION TWO: All loans feature NO prepayment penalty. You initially selected 3-week loan repayment length. Time you realistically anticapte to service loan (active status) before is paid off: Full term: 3-weeks? or Short term (number days please): 2-3 days? 1-2 days? < 24 hrs.?  No intention to pay the loan at all, default inevitable? QUESTION THREE: All loans won't 100 pct fund. When listing expires, IF loan 60 pct PLUS funded, is eligible to be issued. Would you accept partial loan M-O-R-E than 60 pct funded? (Loans historically are minimum 80 pct funded; but usually end 90 pct funded.) (FYI: Partial, or 100 pct loan, APR identical. Required employment, optional income, verified early help loan quickly fund. Pace quickens when loan nears expiration date. Best option is FLEXIBLITY, because AON (ALL-OR-NONE) demand is rarely successful. If CC REFI, Debt Consolidation, Medical Expense, advantageous to accept 80 or 90 percent. fixed interest, term limited, partial loan to pay off higher APR interest debts. After 6-days current payments, you're automatically eligible relist unfunded $'s, or can list another loan purpose, $ amount. Partial loan reduces interest $'s paid majority of your more expensive APR pct debts. Partial loan is "Plan B" alternative that you should consider as backup option IF loan does not attract full 100 pct funding.)

Best wishes loan quickly funds. Lender 505570 U S Marine Corps Retired Va Bch VA
Return over deposits:   66.82%
IRR:   86.54%
As of April 30, 2014

yojoakak

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Re: In need of a short term loan
« Reply #3 on: March 09, 2014, 08:05:24 PM »
This is just like the good old days on LendingClub when you could ask borrowers questions and they even had time to answer.

Bohb Daishi

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Re: In need of a short term loan
« Reply #4 on: March 10, 2014, 03:10:42 AM »
My THREE questions are: QUESTION ONE: Does your Gross $ Monthly Income include spouse, fiancee, partner? If not included, what is household's Gross $ Monthly Income? Or Gross $ Yearly Income? (FYI: Borrower who submitted application is income established initial eligibility. After funded, borrower income qualifies promissory note that must be issued. A-B-S-O-L-U-T-E-L-Y no cosigners. But does permit another's income to help repay your unsecured personal loans.) QUESTION TWO: All loans feature NO prepayment penalty. You initially selected 3-week loan repayment length. Time you realistically anticapte to service loan (active status) before is paid off: Full term: 3-weeks? or Short term (number days please): 2-3 days? 1-2 days? < 24 hrs.?  No intention to pay the loan at all, default inevitable? QUESTION THREE: All loans won't 100 pct fund. When listing expires, IF loan 60 pct PLUS funded, is eligible to be issued. Would you accept partial loan M-O-R-E than 60 pct funded? (Loans historically are minimum 80 pct funded; but usually end 90 pct funded.) (FYI: Partial, or 100 pct loan, APR identical. Required employment, optional income, verified early help loan quickly fund. Pace quickens when loan nears expiration date. Best option is FLEXIBLITY, because AON (ALL-OR-NONE) demand is rarely successful. If CC REFI, Debt Consolidation, Medical Expense, advantageous to accept 80 or 90 percent. fixed interest, term limited, partial loan to pay off higher APR interest debts. After 6-days current payments, you're automatically eligible relist unfunded $'s, or can list another loan purpose, $ amount. Partial loan reduces interest $'s paid majority of your more expensive APR pct debts. Partial loan is "Plan B" alternative that you should consider as backup option IF loan does not attract full 100 pct funding.)

Creativity: B+
Grammar: F
Length: D-
Overall: D+

See me after class.
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Outworld09

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Re: In need of a short term loan
« Reply #5 on: March 10, 2014, 06:05:09 PM »
First off I would like to take the time to say thank you to all of whom took the time to reply to my post. I will try to address some errors of concern for some of you.

To Mr. Core
1. Yes I'm trying to take out a loan to borrow even more money. (This is my money from my 401k) It is a loan against my own money that I have invested in my company. I will also repay this loan back to myself at a not so high interest rate bi weekly.

2. I need the money because I was out of work for almost 3 months and my disability insurance did not cover all my expenses. I was in a car accident and my car was wrecked badly $4,000 in damage of which my insurance company did not pay which I had to do out of pocket.

3. I could take longer to repay the loan back in order for the investor to make more interest on the loan. Although I thought that if an investor saw potential in the deal that we could come up with a ball park figure for the loan. That way the investor would receive his or her money back quickly and not have it tied up for a long period of time.

4. I'm not  here to beg or plead for money. Investors take risk in order to make money, if they see a potential deal that will net them a profit within what they can afford to invest then they will take it. My deal might not be good for everyone but someone may see it and decide it works for them. In the end I get what I need and the investor nets a profit.

5. That is not my real name. This is the first time I've posted anything such as this in a forum for many people to read. I did not know if this webiste was real or had a bunch of scammers here. So I did not want to devulge my real name until someone contacted me and needed information.

Sorry for the missed spelled words & grammer (Thought I ran spell check).

Outworld09

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Re: In need of a short term loan
« Reply #6 on: March 10, 2014, 06:28:11 PM »
My THREE questions are: QUESTION ONE: Does your Gross $ Monthly Income include spouse, fiancee, partner? If not included, what is household's Gross $ Monthly Income? Or Gross $ Yearly Income? (FYI: Borrower who submitted application is income established initial eligibility. After funded, borrower income qualifies promissory note that must be issued. A-B-S-O-L-U-T-E-L-Y no cosigners. But does permit another's income to help repay your unsecured personal loans.) QUESTION TWO: All loans feature NO prepayment penalty. You initially selected 3-week loan repayment length. Time you realistically anticapte to service loan (active status) before is paid off: Full term: 3-weeks? or Short term (number days please): 2-3 days? 1-2 days? < 24 hrs.?  No intention to pay the loan at all, default inevitable? QUESTION THREE: All loans won't 100 pct fund. When listing expires, IF loan 60 pct PLUS funded, is eligible to be issued. Would you accept partial loan M-O-R-E than 60 pct funded? (Loans historically are minimum 80 pct funded; but usually end 90 pct funded.) (FYI: Partial, or 100 pct loan, APR identical. Required employment, optional income, verified early help loan quickly fund. Pace quickens when loan nears expiration date. Best option is FLEXIBLITY, because AON (ALL-OR-NONE) demand is rarely successful. If CC REFI, Debt Consolidation, Medical Expense, advantageous to accept 80 or 90 percent. fixed interest, term limited, partial loan to pay off higher APR interest debts. After 6-days current payments, you're automatically eligible relist unfunded $'s, or can list another loan purpose, $ amount. Partial loan reduces interest $'s paid majority of your more expensive APR pct debts. Partial loan is "Plan B" alternative that you should consider as backup option IF loan does not attract full 100 pct funding.)

Best wishes loan quickly funds. Lender 505570 U S Marine Corps Retired Va Bch VA

1. My home's Gross Yearly income is $77,300 which includes my wife's income ( $51,300 with wife not included) I also have tax records to prove it.

2. From the time I receive the loan I will deposit it and it takes 2 days for the check to clear (unless it is wired). I will FedEx the payment to Wells Fargo which is here in Charlotte also. It takes approx. 3-5 business days for the money to post to my retirement account. Once it posts to my account I can go online and make ask for new loan on my 401K. If donít before 3:00 EST the check will cut the same day and mailed out. It will take another 3-5 business days to get the check.  I will then deposit the check into my checking account and it will take 1 day to clear. At that point I can either mail the check back to the investor or do a wire transfer will the original investment along with interest or agreed upon price for funding the loan.
10 - 14 days, from the time the loan is funded. Two weeks but I just rounded it out to 3 weeks or 21 days in the event of problems in the mail.

3. Yes I would be interested in a partial loan if not funded at 100%.

Thank you for your reply.
« Last Edit: March 10, 2014, 06:30:11 PM by Outworld09 »

core

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Re: In need of a short term loan
« Reply #7 on: March 11, 2014, 02:44:32 AM »
Amount funded: 0.00%:
C'mon guys, time's running out on this one!

I did not know if this webiste was real or had a bunch of scammers here.).

No scammers.  Just a few folks with a cold sense of humor.  I would recommend looking into plan B.   I'm fairly certain the purpose of this site is not to facilitate off-book loans.   I have not witnessed a single deal go down.  No, I don't think so.

If I were in your position I'd take a hardship on the 401(k).  Or just plain cash it out if that wasn't available.  It sounds like you have serious financial issues and I would not recommend any more loans.  That's just my opinion. You are obviously in a bit of trouble.  Loans will make it worse in the long term.  Don't try to hide things from the kids.  The reality will build character.  Sit down with everyone and go over the budget.  Let the old bills default if you have to.

That's the last serious comment I'm going to make on this one.  I apologize in advance for anything further that I post in this thread.
« Last Edit: March 11, 2014, 02:46:11 AM by core »

Bohb Daishi

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Re: In need of a short term loan
« Reply #8 on: March 11, 2014, 02:56:32 AM »
Amount funded: 0.00%:
C'mon guys, time's running out on this one!

.0028% funded now. I'll put in $25, but only if it goes 100%.  :D
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core

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Re: In need of a short term loan
« Reply #9 on: March 11, 2014, 03:02:04 AM »
Well I feel bad and will put in $200 either way.

Bohb Daishi

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Re: In need of a short term loan
« Reply #10 on: March 11, 2014, 03:06:31 AM »
Well I feel bad and will put in $200 either way.
Hell if I'm letting you show me up.

$225
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core

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Re: In need of a short term loan
« Reply #11 on: March 11, 2014, 03:16:05 AM »
Well I feel bad and will put in $200 either way.
Hell if I'm letting you show me up.

$225

$425 so far.  Outlander, once this gets going, I'll send you a paypal.  You'll just need to agree to pay us back.  And you'll need to certify that you're not an "undesireable" like a muslim or any other things that aren't protected classes.  Understand, if we don't take precautions, the terrorists win.  You understand.   I notice you are married and in the family way.  If it comes down to it, DanB is the guy you need to talk to.  I expect he's "busy" right now though.  He just hijacked a 777 again.

Outworld09

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Re: In need of a short term loan
« Reply #12 on: March 12, 2014, 07:25:11 PM »
Well I feel bad and will put in $200 either way.
Hell if I'm letting you show me up.

$225

$425 so far.  Outlander, once this gets going, I'll send you a paypal.  You'll just need to agree to pay us back.  And you'll need to certify that you're not an "undesireable" like a muslim or any other things that aren't protected classes.  Understand, if we don't take precautions, the terrorists win.  You understand.   I notice you are married and in the family way.  If it comes down to it, DanB is the guy you need to talk to.  I expect he's "busy" right now though.  He just hijacked a 777 again.

You guys are awesome!! thankx,

rlv99

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Re: In need of a short term loan
« Reply #13 on: March 13, 2014, 10:52:22 AM »
Assuming a $900. return with late fee provisions,  you can count me in for 500.

james

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Re: In need of a short term loan
« Reply #14 on: April 02, 2014, 11:28:26 PM »

I'm going to go get some popcorn going, this could be a good show. 

 8)
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