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A good shylock
kenyanboy
#1 Posted : Sunday, May 24, 2009 7:51:00 AM
Rank: Member


Joined: 1/6/2007
Posts: 17
Does anyone know a good shylock where I can borrow about 100K. What are the interest rates?
ali
#2 Posted : Sunday, May 24, 2009 2:11:00 PM
Rank: Veteran


Joined: 6/11/2008
Posts: 892
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
Magigi
#3 Posted : Sunday, May 24, 2009 5:06:00 PM
Rank: Elder


Joined: 3/31/2008
Posts: 7,081
Location: Kenya
...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!!!
ali
#4 Posted : Sunday, May 24, 2009 6:27:00 PM
Rank: Veteran


Joined: 6/11/2008
Posts: 892
@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
Benzino
#5 Posted : Monday, May 25, 2009 5:02:00 AM
Rank: Member


Joined: 11/17/2008
Posts: 42
clearly,you don't get it....GOOD SHYLOCKS DO NOT exist.
eli
#6 Posted : Monday, May 25, 2009 6:16:00 AM
Rank: Member


Joined: 6/17/2008
Posts: 294
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
Ja-Kom
#7 Posted : Monday, May 25, 2009 9:40:00 AM
Rank: Member


Joined: 4/28/2009
Posts: 290
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
ali
#8 Posted : Monday, May 25, 2009 11:27:00 AM
Rank: Veteran


Joined: 6/11/2008
Posts: 892
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
Silk
#9 Posted : Monday, May 25, 2009 1:50:00 PM
Rank: Member


Joined: 8/25/2008
Posts: 144
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.
ali
#10 Posted : Monday, May 25, 2009 2:17:00 PM
Rank: Veteran


Joined: 6/11/2008
Posts: 892
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
eli
#11 Posted : Monday, May 25, 2009 3:30:00 PM
Rank: Member


Joined: 6/17/2008
Posts: 294
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
doh
#12 Posted : Tuesday, May 26, 2009 6:30:00 AM
Rank: Member


Joined: 4/15/2008
Posts: 58
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
Silk
#13 Posted : Tuesday, May 26, 2009 6:49:00 AM
Rank: Member


Joined: 8/25/2008
Posts: 144
@ 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.
wa P
#14 Posted : Tuesday, May 26, 2009 10:23:00 AM
Rank: Member


Joined: 5/26/2009
Posts: 326
Location: Nairobi
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...
kenyanboy
#15 Posted : Tuesday, May 26, 2009 3:10:00 PM
Rank: Member


Joined: 1/6/2007
Posts: 17
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.
eli
#16 Posted : Tuesday, May 26, 2009 4:11:00 PM
Rank: Member


Joined: 6/17/2008
Posts: 294
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
kenyanboy
#17 Posted : Wednesday, May 27, 2009 3:33:00 PM
Rank: Member


Joined: 1/6/2007
Posts: 17
@eli

Thanks,lakini nimefaulu kwingine. I'll keep you in mind next time though.
eli
#18 Posted : Wednesday, May 27, 2009 8:06:00 PM
Rank: Member


Joined: 6/17/2008
Posts: 294
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
Djinn
#19 Posted : Friday, May 29, 2009 7:56:00 AM
Rank: Elder


Joined: 11/13/2008
Posts: 1,565
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
Robinhood
#20 Posted : Thursday, June 04, 2009 5:54:00 AM
Rank: Elder


Joined: 12/11/2008
Posts: 2,306
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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