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I've added "loan shark" to my resume!

DMT

Banned
For a number of months, I've perpetually met people with money problems.

I've decided to work with this problem and specialize in short term personal loans at 10%...a month!

Anyone ever do anything like this?
 
You need to hire goons to beat the person up if he doesn't pay up.
It's not as easy as you think.
 
Originally posted by: UncleWai
You need to hire goons to beat the person up if he doesn't pay up.
It's not as easy as you think.

it's really not difficult to find people to do that for you...if you're making 10% you pay whoever is your bill collector 5%...you still make money...and you start tacking on exorbitant late charges as soon as they miss a payment...trust me, it works...
 
Originally posted by: walla
Yeah and they're called Visa, Discover, and Mastercard.

at > 20% ? I'll take my chances with the OP and his geek goon squad of 1337 hax0rs. "We'll wrex your box ifs ya dunce pay biznatch"
 
Originally posted by: DMT
For a number of months, I've perpetually met people with money problems.

I've decided to work with this problem and specialize in short term personal loans at 10% APM!

Anyone ever do anything like this?

what the fsck is APM?
 
Originally posted by: ElFenix
Originally posted by: DMT
For a number of months, I've perpetually met people with money problems.

I've decided to work with this problem and specialize in short term personal loans at 10% APM!

Anyone ever do anything like this?

what the fsck is APM?

APR?
 
my parents did that for a short time. Initially they lost money, then they figured it out and made it work. Made ~300/month working ~2hrs/week. They didn't expand though (they kept their full time jobs) and eventually just let it dwindle...
 
Originally posted by: UncleWai
You need to hire goons to beat the person up if he doesn't pay up.
It's not as easy as you think.


I've got goons...maybe we can work out some type of professional association?!
 
I've conned people in my dormitory into susu loans, wait for them to spend their lump sums on weed, booze, clubs, and girlfriends, then take my cut and loan it out to them to pay back all the money they just spent + interest.
 
Why loan from the OP when you can go to his house, tie up his whole fricking family, take the MBs, the jewleries, the money in the safes, sell his mom to the south asia. What's he gonna do, take out the peepee gun his mom bought him and act like he got ammo?
 
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