Anyone ever take out a loan to make one big bet? Does Vegas take 25k action?

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  • xelemental
    SBR Wise Guy
    • 04-22-07
    • 602

    #1
    Anyone ever take out a loan to make one big bet? Does Vegas take 25k action?
    Hey guys,

    I was wondering if anyone had experience with Discovers unsecured personal loans?

    My credit score is mid-high 700's. The thing that got me was as long as you pay it back in 30 days of the loan than you dont have to pay any interest?!?!?! The loan amount is up to 25k

    here are the details:

    Dear Mike,

    Learn how to consolidate debt and take control
    of your finances today with a Discover®
    Personal Loan.

    Loans that fit your needs.

    • Simple-interest loans
    • Fixed monthly payments
    • Low APR that doesn't change
    • 30-Day Guarantee*

    No fees as long as you pay on time.**

    • No annual fee
    • No application fee
    • No pre-payment penalties

    Tools to help guide you.

    • Visit our Loan Payment Calculators
    to estimate your savings and payments

    Your financial goals can soon become a reality.
    Apply by August 1, 2012

    *If you’re not completely satisfied, simply return the funds within 30 days and pay no interest or fees of any kind.

    I dont know about you guys but it sounds like you can borrow up to 25k interest free for a month....I wonder if anyone can think of something fun to do with 25k for a month?
  • LostBankroll
    Restricted User
    • 02-10-10
    • 4538

    #2
    I recently applied for a cc and credit line and wasnt given shit. TAKE THE LOAN PAL AND all in on Miami -3.5... oh wait....
    Comment
    • xelemental
      SBR Wise Guy
      • 04-22-07
      • 602

      #3
      bump.... if anyone had a free interest free loan for 30 days, what would you bet on?
      Comment
      • hels
        SBR Hall of Famer
        • 04-12-09
        • 8767

        #4
        Originally posted by xelemental
        bump.... if anyone had a free interest free loan for 30 days, what would you bet on?
        Put it in a bank account and make $25 from interest.
        Comment
        • Inkwell77
          SBR MVP
          • 02-03-11
          • 3227

          #5
          Bump!!!!!!!
          Comment
          • Hankwins
            SBR MVP
            • 09-17-10
            • 2232

            #6
            you should actaully be shot for asking if vegas takes a 25k bet!
            Comment
            • Hankwins
              SBR MVP
              • 09-17-10
              • 2232

              #7
              you also assumed "upto" means you're guarantee'd 25K. WTF is wrong with you?
              Comment
              • Balco10
                SBR Hall of Famer
                • 09-11-10
                • 5478

                #8
                What? Vegas takes any bet as long as its OKed by the GM. High Rollers make 500k plays on sporting events everyday.
                Comment
                • 19th Hole
                  SBR Posting Legend
                  • 03-22-09
                  • 18389

                  #9
                  What are the interest rates after black lands on RED??
                  Comment
                  • Balco10
                    SBR Hall of Famer
                    • 09-11-10
                    • 5478

                    #10
                    Originally posted by 19th Hole
                    What are the interest rates after black lands on RED??
                    Double green
                    Comment
                    • Hankwins
                      SBR MVP
                      • 09-17-10
                      • 2232

                      #11
                      what he posted says apply by august 1st not anything that said pre approved, come back and ask how to manage the $2500 they will give you.
                      Comment
                      • Grits n' Gravy
                        Restricted User
                        • 06-10-10
                        • 13024

                        #12
                        Originally posted by xelemental
                        bump.... if anyone had a free interest free loan for 30 days, what would you bet on?
                        tt getting fatter.
                        Comment
                        • ZetaPsi808
                          SBR Posting Legend
                          • 09-18-08
                          • 12119

                          #13
                          horrible idea
                          Comment
                          • Reload
                            SBR Posting Legend
                            • 03-23-08
                            • 12251

                            #14
                            Got the same offer a while ago from Discover and had the same thoughts.

                            Comment
                            • jjgold
                              SBR Aristocracy
                              • 07-20-05
                              • 388208

                              #15
                              never ends up well

                              even if you win you will do again and end up losing and being in debt

                              I have tried a few times with credit books..not good
                              Comment
                              • Hankwins
                                SBR MVP
                                • 09-17-10
                                • 2232

                                #16
                                I think it's funny dude posted a piece of junk mail, they mass mail stuff like that with horrible credit that woun't even come close to being offered 25K.
                                Comment
                                • Br0nxer
                                  SBR Posting Legend
                                  • 03-25-11
                                  • 13665

                                  #17
                                  I see no reason why this shouldnt work



                                  Let us know how it turns out
                                  Comment
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