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What is the biggest loan I can get as a first year college student?
I'm not talking financial aid or anything, but cold hard cash(or money sent to my bank account).
I don't plan on using this money to pay off my student debt, in fact, I don't plan on anything, but I had a funny idea, that I would get a huge loan, spend it all on some cryptocurrency, and hope that the price picks up quick enough and high enough that I could pay off the loan, and my student debt as well.
If not, I would probably be just as screwed anyway, and it's not like they have debtors prison anyway, so what do I have to lose?
Yes, I know this is a really stupid idea, and I don't plan on doing it, but as I hypothetical, I think it would be pretty fucking funny.
So again, as a college student, what is the biggest loan I could get?
What if I lied, and said that I wasn't a college student, and that I needed a loan for my business, would that make any difference? Is there anything else that they consider when determining how big of a loan they can give you?
Would I even be able to get a loan from a bank, or would I be stuck with some "cash quick" sleazy type of deal?
I don't really know jack shit about finance, so that's why I ask.
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>>1541207
what kind of profits have you made off of cryptos so far?
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I don't think they would have given me anything when I was student unless my parents signed as gaurantors.
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>>1541207
without credit history or collateral you wont get shit
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>>1541212
n o n e
I've never even touched them.
I think the farthest I got was downloading some wallet, but I never set it up.
The point wasn't to test my trading skill, but to be more like a gamble.
I don't know if you have seen that image on /b/, but you "spin the wheel", there are nine spots, the lowest spot giving you only 5k, the highest giving you 1 million bucks, and one of the spots kills you.
That was kind of the inspiration behind the post.
I thought it would be pretty funny to image a real life scenario in which that would happen.
>>1541220
>>1541215
Good point. They probably don't expect anyone who is still in college to have any money.
Which I don't.
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>>1541222
time ago you could have tried and fake invoices and shit, this dude called enric duran riped off half a million eur in loans from local banks doing this, spent it all on commie propaganda and cambodian drugs and whores, a complete piece of shit
tho probably now they check it more thoroughly
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>>1541251
lol, I'll have to check that out.
Yeah, I didn't think you'd be able to lie your way through.
They have verification methods for everything these days.
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