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A good shylock
Rank: Member Joined: 1/6/2007 Posts: 17
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Does anyone know a good shylock where I can borrow about 100K. What are the interest rates?
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Rank: Veteran Joined: 6/11/2008 Posts: 892
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Hi You want 100k? Security? Payment period? Jesus,make me a blessing to my family and my country Kenya For in him (Jesus) we live and move and have our being-Acts 17:28
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Rank: Elder Joined: 3/31/2008 Posts: 7,081 Location: Kenya
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...a good shylock? my foot !!!. Why do you want to finish yourself. Rather than going to a shylock,sell thatTV,bed,fridge (whatever you have to raise that 100K). In any case,an auctioneer will come for them and sell them for a song!!!
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Rank: Veteran Joined: 6/11/2008 Posts: 892
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@Kenyan boy How long will you like to stay with the cash? Iko security? Washana na magigi Drop me an email or call me Let me know the security and the like You will have it ASAP Jesus,make me a blessing to my family and my country Kenya For in him (Jesus) we live and move and have our being-Acts 17:28
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Rank: Member Joined: 11/17/2008 Posts: 42
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clearly,you don't get it....GOOD SHYLOCKS DO NOT exist.
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Rank: Member Joined: 6/17/2008 Posts: 294
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Payment rate In most cases its 10% per month. That's 120% p.a. Be very careful. These guys are selling to you money at a very high rate! Please run for your dear life unless its emergency!
But you shall remember the LORD your God,for it is He who is giving you power to make wealth,that He may confirm His covenant which He swore to your fathers,as it is this day. Deu 8:18
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Rank: Member Joined: 4/28/2009 Posts: 290
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Kenyanboy,Why do u want to get urself into a trap so vicious?? There are No 'good' shylocks-ever. Look for the money elsewhere,or just sell a few stuff like advised to get the money.Dont get into this trap bro,u will regret it. For just as through the disobedience of the one man the many were made sinners,so also through the obedience of the one man the many will be made righteous. Romans 5:19 For just as through the disobedience of the one man the many were made sinners, so also through the obedience of the one man the many will be made righteous. Romans 5:19
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Rank: Veteran Joined: 6/11/2008 Posts: 892
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kenyanboy,i can lend you cash if you want,i do not think its that bad as they are trying to put it,i have buddies who have been in shylocking to get money and they have grown through shylocks do not fear,i can introduce you to a few Jesus,make me a blessing to my family and my country Kenya For in him (Jesus) we live and move and have our being-Acts 17:28
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Rank: Member Joined: 8/25/2008 Posts: 144
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My friend,you don't have to go that far. Sample this. I have a very good friend who really tries it in business. I know him well coz i'm alway's privy to what he is doing. So,he comes and asks for 100k to refund after 2 weeks with 10k on top. I get his logbook and he signs the vehicle transfer form,after which i hand him the 100k. After two weeks,he asks for a days extention and i start to worry,starts chasing him around. After a day,he pays the 110k and i return him his docs. He comes back after a month and we repeat the process once again.
Approach a friend but treat it business like. A security and interest is a must. The reason for a friend is that he'll be in a good position to assess you. Kama hakuna rafiki,then go to the streets.
Life is too short.
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Rank: Veteran Joined: 6/11/2008 Posts: 892
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Gee,are you for real? That’s theft. you know,a buddy of mine was telling me that that’s the way he operates and i asked him if his conscience bothers him and he said no I though he was joking. Logbook,sign transfer papers? Cos of 100k? Talk of peaceful robbery Jesus,make me a blessing to my family and my country Kenya For in him (Jesus) we live and move and have our being-Acts 17:28
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Rank: Member Joined: 6/17/2008 Posts: 294
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Not robbery,its called shylock. Now imagine 10K in two weeks. That is 10% in two weeks. If the friend was to be consistent then it would be 20% in 1 month,that translates to 240% in a year.
Now,tell me,Kenyanboy,is this what you want. The risk of loosing your assets to shylocks?
But you shall remember the LORD your God,for it is He who is giving you power to make wealth,that He may confirm His covenant which He swore to your fathers,as it is this day. Deu 8:18
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Rank: Member Joined: 4/15/2008 Posts: 58
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I have dealt with proffessional 'shylocks' what u can call MFI. They are transacting clean biz. The issue is ability to pay. I have used them for the last 3 years. Most of them are run by former bankers.Not the usual quakes guys are talking about here. Only that their rates range from 15%-25% pm.
info is money
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Rank: Member Joined: 8/25/2008 Posts: 144
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@ ali,for your info,this is not a business i run. It was a very particular case. Wish you knew how much my friend was making with my 100k. This was a guy who had previously refused a joint venture with me so why spare him or take any risks? I was just out to genuinely help.
Life is too short.
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Rank: Member Joined: 5/26/2009 Posts: 326 Location: Nairobi
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why demonize shylock business? those guys serve an existing need. By the way am establishing a shylocking buz somewhere downtown...watch this space.
If it looks clean,it keeps your pockets clean. I mean,look at the soil...
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Rank: Member Joined: 1/6/2007 Posts: 17
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Thanks all for your responses. I have asked a few of those who advertise on the paper but they have terms which I'm not comfortable with. I have a Peugeot 307 whose log book I can put up as security. I want to borrow the 100K for 1 month and I would be willing to pay 10% interest. I'm trying to get the cash through other means,but I'm prepared to use a shylock as a last resort.
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Rank: Member Joined: 6/17/2008 Posts: 294
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Am tempted to help you! Am getting some cash tommorrow ( cheque) from my broker! I am really tempted to bail you out. Really tempted........Oh,help me resist the temptation!
But you shall remember the LORD your God,for it is He who is giving you power to make wealth,that He may confirm His covenant which He swore to your fathers,as it is this day. Deu 8:18
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Rank: Member Joined: 1/6/2007 Posts: 17
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@eli
Thanks,lakini nimefaulu kwingine. I'll keep you in mind next time though.
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Rank: Member Joined: 6/17/2008 Posts: 294
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Welcome bro!
But you shall remember the LORD your God,for it is He who is giving you power to make wealth,that He may confirm His covenant which He swore to your fathers,as it is this day. Deu 8:18
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Rank: Elder Joined: 11/13/2008 Posts: 1,565
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Kenyanboy,you can easily find a good shylock - just check next to the honest politician,who might be standing next to the affordable lawyer,in case you can't make them out,they are the two people watching a unicorn and flying pig...
The problem with equality is that we desire that it be with those that have more than us rather that those that have less
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Rank: Elder Joined: 12/11/2008 Posts: 2,306
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guys,need some cash urgently. Eli and co,please talk to me robin.hoodkenya at gmail dot com God is good Great men are not always wise, neither do the aged understand judgement...
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