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Worldwide Loan Club ...

Posted: Tue Aug 12, 2008 3:34 pm
by ASITStands
Here's another that looks like a scam:

http://www.worldwideloanclub.com/index.php

Again, I'd like something in the way of due diligence. Where have they got into trouble, etc. Who's behind the club? Regulatory actions, litigation, venues, etc. Thanks.

Re: Worldwide Loan Club ...

Posted: Tue Aug 12, 2008 3:56 pm
by Demosthenes
It's just a pyramid scheme, no?

Re: Worldwide Loan Club ...

Posted: Wed Aug 13, 2008 11:33 am
by ASITStands
Demosthenes wrote:It's just a pyramid scheme, no?
Yep. Pure Ponzi scheme. It's just easier to warn people after someone's been in trouble.

Re: Worldwide Loan Club ...

Posted: Thu Aug 14, 2008 10:49 pm
by BusinessInMotion
Oh great so now do I send the money back that I've been receiving with this apparent scam?

Or not??? Hmmmmmm

Re: Worldwide Loan Club ...

Posted: Thu Aug 14, 2008 11:30 pm
by webhick
BusinessInMotion wrote:Oh great so now do I send the money back that I've been receiving with this apparent scam?

Or not??? Hmmmmmm
It's really easy. All you do is keep re-investing it back into the scam for those high returns and when the scam runs dry of new investors, you won't be able to get it back.

Re: Worldwide Loan Club ...

Posted: Fri Aug 15, 2008 5:52 pm
by Demosthenes
I would recommend calling the police and/or your state attorney general's office.

Re: Worldwide Loan Club ...

Posted: Thu Nov 20, 2008 10:07 am
by daymin123
Hello, I am a single mother and I am looking to finally start attending college this year. I know that I qualify for Pell grants and such to pay for tuition but does anyone know if you can receive student loans on top of that to help with living expenses while attending classes. I have a job I just can’t work full time anymore and attend classes and still be the kind of mother my kids deserve to have. If anyone has any info on this let me know?

Mod edits to remove recently-added spam link. She's actually a single mother looking to graduate to stealth spammer. Bye-bye.

Re: Worldwide Loan Club ...

Posted: Thu Nov 20, 2008 4:13 pm
by Judge Roy Bean
daymin123 wrote:Hello, I am a single mother and I am looking to finally start attending college this year. I know that I qualify for Pell grants and such to pay for tuition but does anyone know if you can receive student loans on top of that to help with living expenses while attending classes. I have a job I just can’t work full time anymore and attend classes and still be the kind of mother my kids deserve to have. If anyone has any info on this let me know?
Talk to the college you're planning on attending. They have offices with people who are experts in advising students and potential students on finances.

Good luck!