Uncollateralized loan in USD

[void]

a European individual is offered a loan from US loan company (according to provided document licensed as "Regulated Loan Company" by the State Of Minnesota)
mid 6 figures, nothing crazy
5 years 1.5% p. a.
10 years 4% p. a.
no collateral required, allegedly the company does their own background check confirming that the individual is running several companies based in Europe having appropriate track record as per info provided by the individual
communication over telegram
the loan company was contacted by the individual (not vice-versa) using the reference provided by Asian online microloan provider using the loan company as one of the sources of liquidity

what do you think guys? does it sound legit or too good to be true? worth for the borrower connecting himself with the US?

 

[JohnnyDoe]

a European individual is offered a loan from US loan company (according to provided document licensed as "Regulated Loan Company" by the State Of Minnesota)
mid 6 figures, nothing crazy
5 years 1.5% p. a.
10 years 4% p. a.
no collateral required, allegedly the company does their own background check confirming that the individual is running several companies based in Europe having appropriate track record as per info provided by the individual
communication over telegram
the loan company was contacted by the individual (not vice-versa) using the reference provided by Asian online microloan provider using the loan company as one of the sources of liquidity

what do you think guys? does it sound legit or too good to be true? worth for the borrower connecting himself with the US?

Doesn’t make financial sense for them.
Why give money to you at 1.5% when they can give it to the U.S. government at 4%?

 

[run]

there is only one group which gives such good loans in eastern europe.Its Mossad.
What they request is if you fail to repay you need to provide your know how to them.

 

[void]

there is only one group which gives such good loans in eastern europe.Its Mossad.
What they request is if you fail to repay you need to provide your know how to them.

I guess you didn't read my post....

 

[daniels27]

I guess you didn't read my post....

No.

But do they ask for advance payment in any form? I mean most loan scams involve junk fees to be paid upfront and then their answer is that your company does not qualify for the loan.

 

[run]

there is only one group which gives such good loans in eastern europe.Its Mossad.
What they request is if you fail to repay you need to provide your know how to them.

Mossad is no bank and they have enough funds.They don't care about fiat but know how and this is the way they buy into companies in eastern europe offering a 1% loan via EUR knowing that the company owner high probably is going to fail to repay because of the hyper stagflation which is knocking on the door

 

[void]

But do they ask for advance payment in any form?

no fee charged for processing the application...

 

[daniels27]

no fee charged for processing the application...

But then just do it. You can use the money to invest in crypto if you do not need it after all. Or just put it in a time deposit.

 

[JohnnyDoe]

Take as much as you can at 1.5%.
Invest the money in 1 year T-Bills, risk free 4.19%.
Pocket in 2.69% absolutely for free.
Repeat ad libitum.
They are literally giving away cash for free

 

[void]

Take as much as you can at 1.5%.
Invest the money in 1 year T-Bills, risk free 4.19%.
Pocket in 2.69% absolutely for free.
Repeat ad libitum.
They are literally giving away cash for free

it smells...

 

[daniels27]

it smells...

Yes, it smells. A lot. From my expericence they will then ask for payments of due diligence fees, payout fees, etc.

Maybe the money is dirty and they are using loans as a mean to launder it. You may get payments in cash by car. Or payments from unsuspecting individuals that have been defrauded on calssified and e-commerce sites. Or they use Western Union to payout the proceeds from online fraud.

If you have time, then give it a try and look what happens.