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Is it really this easy? How to get loan?

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Thread replies: 9
Thread images: 2

>get million dollar loan
>put in blue chip stock
>sell at 10 percent
>keep 100k profit

Is it really this easy?
>>
>get million dollar loan
How? Million dollars are never given away without an extensive business plan

>Sell at 10%
10% of what? It takes time for it to raise
>>
>>1437429
banks don't give loans so you can buy stocks.
>>
>>1437432
especially not no million fucking dollars but it would be nice
>>
>>1437447
This kind of rheotoric caused the stock market crash
>buying on margin
>>
File: hillbilly.jpg (33KB, 640x360px) Image search: [Google]
hillbilly.jpg
33KB, 640x360px
>>1437447
>especially not no
>>
>>1437429
>Magically get million dollar loan despite the fact that you are 'sub-prime'
>Invest in blue chip stock that you magically know is going to go up because wizards
>It goes down
>You are now paying interest on your loan in the hundreds to thousands a month that you cant afford because your investment was based on fairys.
>You declare bankruptcy hoping to get off the hook of your lenders.
>Your lenders take you to court and the lawyer points out that you are a worthless piece of shit who took out a massive loan, lied to your loaners to get the loan, and then declared bankruptcy to try and get them off your back.
>You now have a criminal record
>Your credit rating is ruined.
>Your accounts have all been frozen and your name is in the headlines.
>No one will lend to you ever again.
>>
>>1438309
/thread
>>
>>1437429
If it was that easy, the bank would tell you to fuck right off and buy the stock themselves, keep their million dollars, AND keep the $100k.

There's no way they'd let you go near this without posting some huge collateral. Investing in the stock is a risk, and since the bank knows you'll probably be insolvent when the stock tanks, loaning you the money doesn't really minimize their risk.
Thread posts: 9
Thread images: 2


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