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|-   Entrepreneur Forum > Entrepreneur - Other Ways to Make Money > Multi Level Marketing
+   The World Wide Loan Club
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Author Topic: The World Wide Loan Club  (Read 567 times)
OfflineIgetpaid
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notepad Aug 10, 2008, 10:12:35 AM #1
 The Worldwide Loan Club is here to help you achieve your financial goals


Our mission is to create a way for people to fulfill their financial goals.
We are a dedicated group of offshore investors that believe in helping others achieve their dreams.
We are people that give you tax free cash that grows every month.
We believe that everyone should have the opportunity to be wealthy and have successfully developed a plan that does something about it.
We truly believe that with the efforts of like-minded people working together, as a team, all things are possible.

We have developed a unique plan whereby you can borrow money in ever increasing amounts and use the money any way you wish and never pay taxes on the cash flow. You see, the cash flow is a loan, and cash from loans is not taxable. Of course, in order to create a plan like this that will work you must do some form of work to make it happen.

This is a unique plan that will constantly increase our cash flow through hedged investments so that you can help us generate the money that makes it work.

We have been blessed to have some of the best networkers in the world to come on board with us and with their help we are going to build an opportunity that will benefit many people.

It works like this:

You pay your one time processing fee of $100.00 (US dollars) and refer two other people (they also pay a processing fee). Once you have done this you are eligible to draw a loan every month in increasing amounts. The first loan is for $50.00 and each month after that you will receive a loan that is double the previous month until the sixth month. The sixth month loan is for $1,600.00 and after that month your loan will grow by 5% each month continually. On the following pages, we have included a chart showing you the progression through the first three years with the monthly payments. As you can see the monthly payments never exceed the money you receive. This creates a constantly increasing cash flow that is never taxable income.

Of course we know some of you need to earn a lot more than $1,600.00 per month so we allow you to start as many loans plans as you like but we ask that you sponsor at least two new people for each plan. Of course we find that most people give two people into the program as a gesture of friendship and then that person can sell or give two people into the program and not have to pay the $100.00 for their self. We find this is a great way to promote the plan and create good will among friends.

One of the first things that come to mind is, "If I get larger and larger loans won't I eventually be paying out more than I'm taking in?" The answer is no. By growing your loans by 5% per month but only charging you 6% interest amortized over two years, your payments will never exceed your income and after two years you will begin to pay off loans every month.

**edited - link to ponzi scheme **

If interested contact me and lets talk about this, we have a $50 plan for people that want to join.

Raaedh

raaedh@gmail.com
OfflineCrackerJack
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notepad Aug 10, 2008, 10:53:59 AM #2
Please explain how this is an MLM? It looks just like a typical ponzi scheme hyip to me.

What is the product? MLM's have a product. This program has nothing of the sort.

Stay away from here, it's a scam.

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notepad Aug 12, 2008, 12:29:45 PM #3
Hey Cracker J,
you should learn something, always do a research before you speak, that way you don't embarrass yourself.
so this what i want you to do: google worldwideloanclub.com and if you find anything that this is a scheme, I will delete this post and you will never see me again, but I am 100% sure you will never find anything but good.
Since April of 08 6500+ members joined so far, and it's only getting bigger and better, I have 3 account's with them and I been paid from all 3:
From WorldwideLoans     +$47.52    03 Jun 2008 @23:12 PM    done Details
From WorldwideLoans    +$47.52    25 Jun 2008 @18:12 PM    done Details
From WorldwideLoans    +$95.29    05 Jul 2008 @13:26 PM    done Details
From WorldwideLoans    +$47.52    21 Jul 2008 @19:55 PM    done Details
If you need more prove, i can post my upline and my upline upline person prove of $400 $800 in their accounts.
have a nice day my friend!!!!!!!!!!!!!!!!!
**edited - link to ponzi scheme **
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notepad Aug 12, 2008, 12:32:26 PM #4
Read this please about world wide loan club:

"... how can WWLC stay when $100 inital is paid out and that WWLC is able to continue paying the members doubling the payment for 6 months at $1600 out of ONE TIME $100 from the start!  She thought that would impossible because the WWLC company would go bankrupted!..."
"... They have outside Venture sources to be able to give away their money more than they can afford to?"

Answer:
This really is a very unique program.  There is a reason for everything they do and I promise you it has nothing to do with giving away money.

Their objective is to create a system with a proven track record over time that can show a virtual 100% ZERO default of their loans.  IF they are successful at doing this, they can get investors to participate in the backing of the loans by funding their program (the FULL amount of the loan) and, just as banks do, they can do this multiple times for the same loan.  They are then using that funding through their International investment portfolio to safely earn multiple times more monthly than the loans cost annually.  (NOTE: They will not divulge all of the details of this because it is proprietary information, but we know it can be done because we are doing the same thing in other programs and businesses.)

Now, just imagine them taking the FULL amount of the loan (or even multiple times the loan) up front and investing it into a safe investment where they can earn just 10% to 20% monthly AND compound it for 24 months. – The loans they are funding from the investors are only costing them 6% annually for 24 months.  They are making good money from it and so are the investors.

All they have to do is create the virtual 100% ZERO default. 

How do they do this? 

By creating a system where it is MUCH more advantageous to the participant to STAY in the program than it is to quit! They know that anyone could easily walk away from their loans.  There is no security information on us to enforce any payment.  They have no system or plan for collecting any outstanding debts. BUT, they also know that as long as each member is ALWAYS making more than they are paying back in loan payments, most will NEVER quit! If most never quit, they have accomplished their goal – as close as possible to ZERO default. 

It is a win-win for everyone involved. 

Using this little tool – we can start with just $100 and if we can refer just two people, we can roll all of this cashflow from WWLC into the primary business and accomplish the same thing in just 17 months.
OfflineCrackerJack
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notepad Aug 12, 2008, 07:45:08 PM #5
Quote from: Igetpaid on Aug 12, 2008, 12:29:45 PM
Hey Cracker J,
you should learn something, always do a research before you speak, that way you don't embarrass yourself.
so this what i want you to do: google worldwideloanclub.com and if you find anything that this is a scheme, I will delete this post and you will never see me again, but I am 100% sure you will never find anything but good.

Please do not insult my intelligence nor the intelligence of this forum. Promotion of hyip programs is forbidden on this forum which is why I come here, to stay away from the pimps and scammers and deal with real moneymakers.

This program is not an MLM. As I previously stated, an MLM provides a tangible product or service.

 I'm sure the people here promoting GDI, Travelencia, AutomaticBuilder and other legit MLM's can tell you in no uncertain terms that what you are promoting here is an illegal ponzi scheme.

You need to stop kidding yourself and stop trying to get people into some shady hyip program where people will lose their money but you don't care, all you care about is profiting from your referrals.

I did look on Google and this program is listed on every shady scammer hyip forum. There's not a shred of evidence it's a legitimate MLM.

Face the facts.  Anonymous




OfflineIgetpaid
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notepad Aug 13, 2008, 09:26:59 AM #6
Hey Cracker,
You asked me not to insult your intelligence nor the intelligence of this forum, which I didn't, but at the same time you insulted mine and the people of this forum by speaking on their behalf, don't you think that would make you a hypocrite!!!!! let the people do their own research and let them speak their mind, you can't go around and speak for everyone here.
If this is illegal ponzi scheme would anyone put their real name and phone #!!
http://www.worldwideloanclub.ws
http://www.successisu.ws
and theirs many more. And let me tell you, the same people who are in GDI, are the same people promoting WWLC. are they scammer too?????
I don't think you google it right, cause if you did, you would have found on the forums your calling scammer hyip forums, that people their will pay your way in, the whole fee for world wide loan club, so you never pay a cent from your own. how would that make them scammer???
Like I said before and i say it again, do your research before you speak, always remember that Mistake.
If you need anything el's let me know.
have a good day
« Last Edit: Aug 13, 2008, 09:32:46 AM By: Igetpaid »
OfflineNooboo
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notepad Aug 13, 2008, 10:53:18 AM #7
I have to agree with CJ. Looks like a ponzi scheme to me. No transparency whatsoever.

look at the whois data

Quote
Registration Service Provided By: DigiRock, Inc.
Contact: info@value-domain.com

Domain name: worldwideloanclub.com

Registrant Contact:
Anonymousspeech LLC
ANONYMOUSSPEECH ANONYMOUSSPEECH

1-3-3 Sakura House None
Nakano-ku, Tokyo-to 164-0011
JP

Administrative Contact:
Anonymousspeech LLC
ANONYMOUSSPEECH ANONYMOUSSPEECH (contact@anonymousspeech.com)
50-5539-6801
Fax: 50-5539-6801
1-3-3 Sakura House None
Nakano-ku, Tokyo-to 164-0011
JP

Technical Contact:
Anonymousspeech LLC
ANONYMOUSSPEECH ANONYMOUSSPEECH (contact@anonymousspeech.com)
50-5539-6801
Fax: 50-5539-6801
1-3-3 Sakura House None
Nakano-ku, Tokyo-to 164-0011
JP

Status: Active

Name Servers:
ns1.cybercastco.com
ns2.cybercastco.com

Creation date: 27 Nov 2007 03:38:09
Expiration date: 27 Nov 2009 03:38:09

How can you even compare it to GDI which has a valid product and contact information??  For your information, GDI is the distributor for the .ws domain extension. What does your program have?

Nothing !!!

It's a ponzi scheme plain and simple and it is illegal for US residents to invest in unlicensed securities.

The links you provided prove nothing. There is no contact information on the main site. I wonder why?

Ponzi scheme.
OfflineCrackerJack
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notepad Aug 13, 2008, 11:12:43 AM #8
You can also read on the legal page http://www.worldwideloanclub.com/legal.php

Quote
To operate under a sound, legal framework, The Worldwide Loan Club operates as an offshore trust. We have chosen Belize to conduct these financial transactions as Belize is friendly to our type of business. We are not a pyramid business, multi-level marketing business, matrix business nor a ponzi.

They even say they are not an MLM business so CJ is right and this thread does not belong in this folder. If anything it should be in the free advertising folder.

OfflineIgetpaid
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notepad Aug 13, 2008, 12:26:28 PM #9
Hey Nooboo,

why you only posted that and not the rest?? LOL, it' a sham. Ok I will post the rest:
this is what Nooboo didn't want' u to see:

Registry Whois   
Domain Name: worldwideloanclub.com

Status: ok

Registrar: ENOM, INC.
Whois Server: whois.enom.com
Referral URL: http://www.enom.com

Expiration Date: 2009-11-26
Creation Date: 2007-11-26
Last Update Date: 2008-06-16

Name Servers:
    ns1.cybercastco.com
    ns2.cybercastco.com

IP Address: 200.115.171.36     
go here and see more:
http://www.who.is/whois-com/ip-address/worldwideloanclub.com/
also:
http://www.alexa.com/data/details/main/Worldwideloanclub.com
http://siteanalytics.compete.com/Worldwideloanclub.com/
http://www.quantcast.com/Worldwideloanclub.com

also go to http://www.scambusters.org you will not find it there, if it was a scam, these people would have found out about long time ago.

Nooboo, I am not comparing it to GDI, It's 100 times better then GDI, how long and how much money you think it's going to take you to get 1000 people to sign up under you???????? i would say years and years. and what does GDI give you in return $1 !!!!!!!!!!!!

If you need their contact info go here: http://rppinfo.com/registrations.php  they give everything you need.
I don't mean to make enemies here, but here to make friends, i am just like you people, exploring the online world.

If you need more info let me know.
have a good day. Ouch
« Last Edit: Aug 13, 2008, 12:35:05 PM By: Igetpaid »
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