800 BTC loan request - 10% interest

[dank]

You always have the most entertaining loan threads.

Thank you.

[1715459573]

1715459573

[REF]

This loan is for a motorcycle, the amount of money I'll save on gas alone will amount to a couple hundred per month.  I'm not buying a motorcycle to perform stunts on or to ride drunk, so the chance of me dying before the loan's paid off is probably about 1/4000.  I'll still make sure you get your money, even if I'm dead.  I can't guarantee a term for the loan but I can guarantee the loan will be paid in full.  I will provide very favorable interest rates as this loan goes for longer. 8 months max.  My goal is to pay it back within 4 months and I don't expect to take more than 6 months.

-you must drive a lot and/or have a gas hog to be able to save a couple hundred per month on gas alone
-1/4000 are not very good odds. (I know)
-If you can pay it back in 4-6months why cant you wait 4-6 months to make the investment yourself and not worry about owing any interest. Youll be paying so much in interest that saving money on gas will be a moot point.
-What is the exact bike you wish to purchase? I think you should provide such information before asking for a loan. how do you know how much money you need when you dont even know what your buying.

you should stop when your ahead.

[John (John K.)]

You should be able to provide ID's and preferably notarized stuff before I would even think about investing ...

[dank]

This loan is for a motorcycle, the amount of money I'll save on gas alone will amount to a couple hundred per month.  I'm not buying a motorcycle to perform stunts on or to ride drunk, so the chance of me dying before the loan's paid off is probably about 1/4000.  I'll still make sure you get your money, even if I'm dead.  I can't guarantee a term for the loan but I can guarantee the loan will be paid in full.  I will provide very favorable interest rates as this loan goes for longer. 8 months max.  My goal is to pay it back within 4 months and I don't expect to take more than 6 months.

-you must drive a lot and/or have a gas hog to be able to save a couple hundred per month on gas alone
-1/4000 are not very good odds. (I know)
-If you can pay it back in 4-6months why cant you wait 4-6 months to make the investment yourself and not worry about owing any interest. Youll be paying so much in interest that saving money on gas will be a moot point.
-What is the exact bike you wish to purchase? I think you should provide such information before asking for a loan.

I don't want to wait, there isn't much time left.  I just want a bike around the 4000-5000 USD range plus gear.

[silverbox]

I don't want to wait, there isn't much time left.  I just want a bike around the 4000-5000 USD range plus gear.

Aye.  December 21 is bearing down upon us!!

[dank]

I doubled the interest rate, 10% per month.

[terrytibbs]

You should be able to provide ID's and preferably notarized stuff before I would even think about investing ...

Why don't you do this, Mr. Millionaire?

[dank]

You should be able to provide ID's and preferably notarized stuff before I would even think about investing ...

Why don't you do this, Mr. Millionaire?

I enjoy my privacy, something not valued these days.  Y'all really are too pessimistic, I need you guys for future loans and I wouldn't scam someone for a motorcycle when I can do much more playing fair.  Together, we will do great things.

[silverbox]

Why not get a cheapie used Honda civic?

That gets like 50 MPG, bout the same MPG as a motorcycle, cheaper, and you don't get rained on..

[jwzguy]

You can get a reliable 250cc bike for MUCH cheaper than $4000. If saving money is truly your goal, your break-even will be much lower and your mpg will be much higher.

Still, without even providing ID, I can't imagine why anyone would lend you enough to buy anything. Of course, I'm always surprised when I see people lending to begin with. Good luck.

[ineededausername]

You always have the most entertaining loan threads.

dank has always been the atlas of the lending forum

[dank]

You always have the most entertaining loan threads.

dank has always been the atlas of the lending forum

Not exactly sure what that means.

Why not get a cheapie used Honda civic?

That gets like 50 MPG, bout the same MPG as a motorcycle, cheaper, and you don't get rained on..

I already have a car and no, I'm not buying a civic.  Saving gas isn't my goal, it's just a random statistic I provided for anyone who doubts I will be able to pay it back.

You can get a reliable 250cc bike for MUCH cheaper than $4000. If saving money is truly your goal, your break-even will be much lower and your mpg will be much higher.

Still, without even providing ID, I can't imagine why anyone would lend you enough to buy anything. Of course, I'm always surprised when I see people lending to begin with. Good luck.

Saving money isn't my goal either.  I want a 600cc bike so I can have a 600cc bike, 250cc just won't cut it after a few weeks.

[jwzguy]

Oh, I didn't realize this loan was just to support your whims. Why shoot so low? Ask for enough to buy a new Ducati.

You are so clearly the picture of fiscal responsibility, I can't imagine why no one has jumped on this amazing low-risk opportunity yet. 

[silverbox]

600cc, that sounds awful powerful.. Are you sure you can handle it?

[dank]

600cc, that sounds awful powerful.. Are you sure you can handle it?

Not as powerful as 1000cc, eh?

jwz, what do you think 90% of loans are for?  Your remarks mean nothing when I have demonstrated nothing but fiscal responsibility on these forums.

This is nothing compared to what I'm going to ask for next, and I figure this could provide me some additional credibility.

[Justin00]

if you need money why dont you just take it out of the structure/limo/web hosting company(s) ??

[silverbox]

Not as powerful as 1000cc, eh?

Why stop at 600cc then..  Heck get a ZX-14!!!

[dank]

if you need money why dont you just take it out of the structure/limo/web hosting company(s) ??

Those were only plans that have since been replaced by better ideas.  I was calling for $5 mil to operate that, and while it would work, it's too frivolous of me and just not really what I want to do. $1 mil would allow me to create a more sustainable and realistic venture in a different, more vital market.

[Tomatocage]

Oh, I didn't realize this loan was just to support your whims. Why shoot so low? Ask for enough to buy a new Ducati.

You are so clearly the picture of fiscal responsibility, I can't imagine why no one has jumped on this amazing low-risk opportunity yet. 

I nearly spit out my drink, thanks asshat 

[Gladamas]

From what I've seen here, best you might get is 8% per month. Have you structured a payment plan? Have you tried a bank? Will the title of the vehicle be held as collateral? Make/Model/Year/Mileage?

... [I ] would prefer not to disclose information regarding the title.

... I'm trying to tell you I'm a good investment without scaring you into questioning yourself.

Sometimes you just have to have a little faith.

I will have much more capital in the months to come, it's the initial investments that I need.

... I have demonstrated nothing but fiscal responsibility on these forums.

This is nothing compared to what I'm going to ask for next, and I figure this could provide me some additional credibility.

This seems like a very high-risk investment to me.