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500 Mill Loan / 10% interest / No collateral
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Ganfan Armedius
Republic Military School
Minmatar Republic
#1 - 2015-09-17 16:48:59 UTC
500 Mill Load 10% interest


Loan period: 30 days

Money going to be made based on region trading.

Full disclosure this loan is to serve as a stepping stone for building enough reputation so that I can secure some larger loans.

Im willing to take up to 5 investors at 100 mil each

If you need more information contact me in game, willing to give API information on request


Contact in game / game mail.
Bumblefck
Kerensky Initiatives
#2 - 2015-09-17 17:31:38 UTC
Quote:
Full disclosure this loan is to serve as a stepping stone for building enough reputation so that I can secure some larger loans.



...is this so you can secure a bigger payday at the end of the scam?


Just curious.

Perfection is a dish best served like wasabi .

Bumble's Space Log
SabotNoob
Doomheim
#3 - 2015-09-17 18:34:17 UTC
This is dead-on-arrival.
Ganfan Armedius
Republic Military School
Minmatar Republic
#4 - 2015-09-17 19:04:23 UTC
Bumblefck wrote:
Quote:
Full disclosure this loan is to serve as a stepping stone for building enough reputation so that I can secure some larger loans.



...is this so you can secure a bigger payday at the end of the scam?


Just curious.


No, just no ones going to give me the 3b I need with out prior history to build trust.
Bumblefck
Kerensky Initiatives
#5 - 2015-09-17 19:07:30 UTC
Obviously - that's what I'm leading to, and what you seem to have confirmed.

1. Build trust by taking out concurrently larger loans
2. Wait for MD rep to increase
3. Request x% larger loan than original request
4. Disappear from forums and block investors
5. ???
6. Profit!


Is your thinking something like this?

Perfection is a dish best served like wasabi .

Bumble's Space Log
Ganfan Armedius
Republic Military School
Minmatar Republic
#6 - 2015-09-17 19:14:41 UTC
Bumblefck wrote:
Obviously - that's what I'm leading to, and what you seem to have confirmed.

1. Build trust by taking out concurrently larger loans
2. Wait for MD rep to increase
3. Request x% larger loan than original request
4. Disappear from forums and block investors
5. ???
6. Profit!


Is your thinking something like this?



Up to part 3. Not really sure how else to get to the loan size I need.
Bumblefck
Kerensky Initiatives
#7 - 2015-09-17 19:17:11 UTC
It sounds somewhat contradictory, but I'd say go and PVE your ass off somehow, save money and buy something of the value of your requested loan (a pirate BS, for example). You could then put it up as collateral for a loan, which might then give you an option for a loan request.

I have to say this isn't looking particularly good at the moment. Is there no-one in your corporation or alliance who could help you internally?

Perfection is a dish best served like wasabi .

Bumble's Space Log
goodlady Smith
TheCrazy88s
#8 - 2015-09-17 19:45:08 UTC
Earlier this month you were looking at a 3.5B mining character and as you say the initial loan wont meet your requirements, that has me a little concerned.

Please like my posts it makes me feel better about the time I spend on the forums WTS... Smiles
Bumblefck
Kerensky Initiatives
#9 - 2015-09-17 19:54:44 UTC
Good sleuthing, goodlady :)

Perfection is a dish best served like wasabi .

Bumble's Space Log
Darion Maken
Deep Core Mining Inc.
Caldari State
#10 - 2015-09-17 19:55:01 UTC
Many ways to make money in EVE. Trading is immensely profitable right now and if you have a couple characters, a bit of money (as low as 100M), and some time. You can leverage that into billions in no time - and by no time, I mean in less than one month. Many have gone down this path. Rykker Bow had a series of posts, I know there are others that documented what and how they did it.

As for getting large, uncollateralized loans, it is unlikely unless you are very well known / trusted or you have a 'twist'. I think Illegal has been the most successful recent example of uncollateralized loans (self reported at over 40 billion) currently. Look up the thread on this forum.

If you want to go down the trade path - excel/google, Evernus, EVE Mogul are your frieds. Use Evernus and EVE Market Data (woobly but no replacement I know about) to do market research. Use Evernus to manage your orders. Use EVE Mogul / Evernus to watch and report on your profits / losses.

Good luck.

Darion
SabotNoob
Doomheim
#11 - 2015-09-17 20:23:50 UTC
What you're trying to do here is called "Rep Grinding" and has a very bad track record for success. You're borrowing ISK for the sole purpose to build trust. Problem is that in the past, people have done this and built enough trust to eventually cash out on a much larger loan without paying it back. Typically though, people have hid the Rep Grinding fact and made up some fake purpose so the loan could sound more reasonable. It's a very silly concept for a loan.

Your best bet is to have a Mod close this and come back with a solid loan request for the actual amount you need. If you don't have a good plan, then there's no point in asking for a loan to begin with and you're better off just grinding it out.
Ganfan Armedius
Republic Military School
Minmatar Republic
#12 - 2015-09-17 20:36:06 UTC
SabotNoob wrote:
What you're trying to do here is called "Rep Grinding" and has a very bad track record for success. You're borrowing ISK for the sole purpose to build trust. Problem is that in the past, people have done this and built enough trust to eventually cash out on a much larger loan without paying it back. Typically though, people have hid the Rep Grinding fact and made up some fake purpose so the loan could sound more reasonable. It's a very silly concept for a loan.

Your best bet is to have a Mod close this and come back with a solid loan request for the actual amount you need. If you don't have a good plan, then there's no point in asking for a loan to begin with and you're better off just grinding it out.




Ok thanks
Sabriz Adoudel
Move along there is nothing here
#13 - 2015-09-18 02:42:44 UTC
TBH I feel that this loan request, considered as a discrete request, was a low default risk.

Not interested in filling it (I can think of easier ways to make 50m, like buying 2000 Sisters probes and reselling them at a higher price) but this isn't setting off alarm bells.

The first loan in a rep grind usually isn't the scam.

I support the New Order and CODE. alliance. www.minerbumping.com
goodlady Smith
TheCrazy88s
#14 - 2015-09-18 02:55:51 UTC
Ganfan Armedius wrote:
Bumblefck wrote:
Quote:
Full disclosure this loan is to serve as a stepping stone for building enough reputation so that I can secure some larger loans.



...is this so you can secure a bigger payday at the end of the scam?


Just curious.


No, just no ones going to give me the 3b I need with out prior history to build trust.


With some more information and the request for the full 3 B I would consider filling some of your request.
I wouldn't mind understanding the difference in funds from being able to purchase the mining character to a request for ISK.

Please like my posts it makes me feel better about the time I spend on the forums WTS... Smiles
Amarr Citizen 155
Nordar Innovations.
#15 - 2015-09-18 04:28:54 UTC
Ganfan Armedius wrote:
Bumblefck wrote:
Quote:
Full disclosure this loan is to serve as a stepping stone for building enough reputation so that I can secure some larger loans.



...is this so you can secure a bigger payday at the end of the scam?


Just curious.


No, just no ones going to give me the 3b I need with out prior history to build trust.


Why do you need 3b?
Bumblefck
Kerensky Initiatives
#16 - 2015-09-18 15:44:04 UTC
I think it is to buy that mining character mentioned before, but I'm at work so I'm very likely wrong :)

Perfection is a dish best served like wasabi .

Bumble's Space Log
Nouva MacGyver
Jedrzejczyk Integrated Capital
Minerva Exalt Holdings
#17 - 2015-09-19 07:39:20 UTC
Ganfan Armedius wrote:
No, just no ones going to give me the 3b I need with out prior history to build trust.



Uhh... no, and no? And these two proposals are just the more recent ones out of many you can find throughout history.

You shouldn't even be thinking about earning "rep". Just need a solid and sound plan and answer the question that's already been asked - what do you need the 3bil for?
Katja Andrard
Katja Andrard Shipping Corporation
#18 - 2015-09-19 09:12:25 UTC
What astonishes me, just a little, is that people actually believe in those things.

When you finish the career agent of your choice (one of them) which takes a little over one hour or less, you end up with enough stuff and ISK to liquidate into 4 000 000 ISK.

Any Mission Runner in Distro IV missions gets roughly 500 000 ISK per mission and overtime, the LPs to make a lot more.

Security missions Lvl 2 can get you, from reward to salvage and loot, a little over 4 000 000 ISK per mission.

It is a cultural thing from some, erhm, cultures, that considering only potential gains is a measure of efficiency and profitability.

Work and Work based profit is always preferable. To be honestly considered by a reasonable person, an investment must be more profitable by a great margin than work based models to get the same profit.

Everything else is just Ponzi diguised by pretty words.
Bumblefck
Kerensky Initiatives
#19 - 2015-09-20 02:07:46 UTC
Katja Andrard wrote:

Question



Idea

Perfection is a dish best served like wasabi .

Bumble's Space Log
goodlady Smith
TheCrazy88s
#20 - 2015-09-20 09:47:48 UTC
Dont tell any one but I think Ganfan Armedius left... its just trolling a dead post Shocked

Please like my posts it makes me feel better about the time I spend on the forums WTS... Smiles