thinking of being a loan shark

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  • MovingUnits513
    SBR High Roller
    • 09-27-10
    • 118

    #1
    thinking of being a loan shark
    Seems like the easy life, I've got people lined up to supply a bankroll with me, I know some people who would be enforcers and I know some semi dirty cops that would provide locating services for rogue borrowers. Good money and not many downsides if done properly.

    Lets get that money
  • ttwarrior1
    BARRELED IN @ SBR!
    • 06-23-09
    • 28460

    #2
    i thought loan sharks give out money?? if so I'll do 2 grand with interest
    Comment
    • opie1988
      SBR Posting Legend
      • 09-12-10
      • 23429

      #3
      Originally posted by MovingUnits513
      Seems like the easy life, I've got people lined up to supply a bankroll with me, I know some people who would be enforcers and I know some semi dirty cops that would provide locating services for rogue borrowers. Good money and not many downsides if done properly.

      Lets get that money
      Whats your terms going to be? Lets say on a three grand loan?
      Comment
      • MovingUnits513
        SBR High Roller
        • 09-27-10
        • 118

        #4
        Originally posted by ttwarrior1
        i thought loan sharks give out money?? if so I'll do 2 grand with interest
        lol I mean locally, wouldn't be wise for business to give out unsecured loans on the internet would it?
        Comment
        • MovingUnits513
          SBR High Roller
          • 09-27-10
          • 118

          #5
          Originally posted by opie1988
          Whats your terms going to be? Lets say on a three grand loan?
          would depend on length of loan and payment frequency, I'd be flexible
          Comment
          • camel
            SBR MVP
            • 02-26-09
            • 1711

            #6
            Originally posted by MovingUnits513
            would depend on length of loan and payment frequency, I'd be flexible
            You won't make a good loan shark then if you're going to be flexible.
            Comment
            • Grits n' Gravy
              Restricted User
              • 06-10-10
              • 13024

              #7
              Originally posted by camel
              You won't make a good loan shark then if you're going to be flexible.

              for the guy stealing, i mean borrowing, the money he is a dream.
              Comment
              • jjgold
                SBR Aristocracy
                • 07-20-05
                • 388179

                #8
                Guy you will be in jail within a year

                After your crack someone even once it is all over for you

                Players will squeal
                Comment
                • Domestic
                  SBR Hall of Famer
                  • 02-10-09
                  • 6323

                  #9
                  Originally posted by jjgold
                  Guy you will be in jail within a year After your crack someone even once it is all over for you Players will squeal
                  Comment
                  • dmtrader
                    SBR MVP
                    • 09-26-09
                    • 1320

                    #10
                    This isn't the movies.

                    You're talking about racketeering, and aggravated assault.
                    Crimes that carry hefty penalties.
                    Comment
                    • SCRAGGS
                      SBR MVP
                      • 05-21-09
                      • 1969

                      #11
                      Originally posted by MovingUnits513
                      would depend on length of loan and payment frequency, I'd be flexible



                      not how it works sonny, you would never be successful at this. Any dirty cop
                      worth his weight would run away from you.

                      It's not a business you can just go into, you have to be connected pal.

                      JJ set this kid stright.
                      Comment
                      • SCRAGGS
                        SBR MVP
                        • 05-21-09
                        • 1969

                        #12
                        Originally posted by ttwarrior1
                        i thought loan sharks give out money?? if so I'll do 2 grand with interest


                        I would work it like this

                        I give you 3k, but the loan is for 3700 with the first 4 weeks of $180 allready paid.
                        you see me a month later and every friday with $180 untill you can come up with
                        the pricipal $3700.

                        that's how it is done in my neck of the woods boys
                        Comment
                        • JerseyLove
                          SBR MVP
                          • 02-15-10
                          • 2183

                          #13
                          Hahaha very smart pal
                          Comment
                          • LostBankroll
                            Restricted User
                            • 02-10-10
                            • 4538

                            #14
                            Originally posted by dmtrader
                            This isn't the movies. You're talking about racketeering, and aggravated assault. Crimes that carry hefty penalties.
                            Originally posted by SCRAGGS
                            I would work it like this I give you 3k, but the loan is for 3700 with the first 4 weeks of $180 allready paid. you see me a month later and every friday with $180 untill you can come up with the pricipal $3700. that's how it is done in my neck of the woods boys
                            Sounds about right.
                            Comment
                            • MovingUnits513
                              SBR High Roller
                              • 09-27-10
                              • 118

                              #15
                              Originally posted by SCRAGGS
                              not how it works sonny, you would never be successful at this. Any dirty cop
                              worth his weight would run away from you.

                              It's not a business you can just go into, you have to be connected pal.

                              JJ set this kid stright.
                              I'm plenty connected and not just jumping head first into this. I've been in a retail crime racket before with not so much on my record as a speeding ticket. I know risk is involved, dirty money always has risk involved.
                              Comment
                              • ProfaneReality
                                SBR Hall of Famer
                                • 04-14-09
                                • 7607

                                #16
                                you could make a killing in champagne, IL
                                Comment
                                • fsugolf
                                  SBR Hall of Famer
                                  • 07-17-09
                                  • 6194

                                  #17
                                  if you have to ask.............
                                  Comment
                                  • mdemps9190
                                    SBR MVP
                                    • 11-08-07
                                    • 1957

                                    #18
                                    Originally posted by ProfaneReality
                                    you could make a killing in champagne, IL
                                    Comment
                                    • brxbmbers42
                                      Restricted User
                                      • 07-26-10
                                      • 4312

                                      #19
                                      Originally posted by ProfaneReality
                                      you could make a killing in champagne, IL
                                      Comment
                                      • pavyracer
                                        SBR Aristocracy
                                        • 04-12-07
                                        • 82839

                                        #20
                                        This reminds of the kid who wants to be an astronaut.
                                        Comment
                                        • Smoke
                                          SBR Aristocracy
                                          • 10-09-09
                                          • 48111

                                          #21
                                          stick to burger king, kid
                                          Comment
                                          • TexansFan
                                            SBR MVP
                                            • 09-06-06
                                            • 3365

                                            #22
                                            This sounds like it will work out well.
                                            Comment
                                            • dherd
                                              SBR Wise Guy
                                              • 03-21-09
                                              • 631

                                              #23
                                              yeah i ve done it - good work - you just need to know where and how to bury the bodies.
                                              Comment
                                              • Brock Landers
                                                SBR Aristocracy
                                                • 06-30-08
                                                • 45359

                                                #24
                                                how much juice for a 10 dime float?
                                                Comment
                                                • firedawg
                                                  BARRELED IN @ SBR!
                                                  • 10-08-08
                                                  • 39219

                                                  #25
                                                  Originally posted by Brock Landers
                                                  how much juice for a 10 dime float?
                                                  Comment
                                                  • HotStreak
                                                    SBR MVP
                                                    • 05-12-09
                                                    • 3235

                                                    #26
                                                    Originally posted by SCRAGGS
                                                    I would work it like this

                                                    I give you 3k, but the loan is for 3700 with the first 4 weeks of $180 allready paid.
                                                    you see me a month later and every friday with $180 untill you can come up with
                                                    the pricipal $3700.

                                                    that's how it is done in my neck of the woods boys



                                                    Here is how it is in the real world. That 3000 will cost you 150 in interest a week. You may make payments on the principle in only increments of 100. No showing up on juice day with your 150 in interest and handing over like the 40 bucks you got left from the allowance your wife gave you. It's an insult.

                                                    Most likely, the people already in this business in your area will send their people to take loans from you and never pay you back. Putting you out of business quick, or at least testing what kind of muscle you have. Start playing tough guy, and the local cops they been paying off for years start harassing you.

                                                    Know the competition in your area before attempting to take food from someone's mouth.
                                                    Comment
                                                    • Smoke
                                                      SBR Aristocracy
                                                      • 10-09-09
                                                      • 48111

                                                      #27
                                                      Stick to mcdonalds or burger king, u would never make it..
                                                      Comment
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