legal question regarding fraud

GuD · 10-20-2014, 09:44 PM

so, someone here's gotta be privvy to these things. i have a masterplan, guys. A way to get a loan in full with no interest rates. here's what you do

buy an expensive thing with paypall and use their credit feature where you pay a minimum amount each month and within a grace period of i think a whole year you take no interest rates on urchase of over 500$.

Sell the thing for 500$.

Now you have 500$* instantly that you could pay off over an entire year.

I mean, it should be legal, right?

I'm hella stoned. I'm either brilliant or completely stupid and there's some sort of fatal flaw in my otherwise brilliant plan of utter brilliance.

edit:

*so rght, it would actually be what, like 449$ because you have to make a payment that month but still

GuD · 10-20-2014, 09:45 PM

the only flaw i can think of is you might be ****ed if you can't sell the thing. but htat cant be too hard. there's gotta be plenty of things for 500$+ dollars that plenty if people with 500$+ dollars can both afford and will buy.

RoxyRollah · 10-20-2014, 10:00 PM

Quit while you are ahead dude....facepalm* Don't announce your brilliant plan either what's wrong with ya?

GuD · 10-20-2014, 10:01 PM

BUT THEYLL NEVER KNOW ROXXY
THEYLL NEVER KNOW

They won't.

RoxyRollah · 10-20-2014, 10:03 PM

You'd foil your own plan bro.....You talkie talkie..

GuD · 10-20-2014, 10:07 PM

shhhhhh

none of this ever happened

MODS!

Delete!

HALPS!

I HAVE POSSIBLY RUINED MYSELF!

DwnWthVwls · 10-21-2014, 12:26 PM

I don't see what's wrong with that unless I'm not understanding it correctly. But, if you don't have $500 now what makes you think you'll have it when it's time to pay it back? That's where you get yourself in trouble, or more debt.

RoxyRollah · 10-21-2014, 12:35 PM

The title of the thread isn't a great idea to get out of debt.....

**Goofle** · 10-21-2014, 12:44 PM

Here's my brilliant idea.

McDonalds...

All day hash browns...

RoxyRollah · 10-21-2014, 01:49 PM

Riding a dolphin is a trillion $$ IDEA...

Edit: Shud-ap! They'll steal your idea, and keep the money.

10-20-2014, 09:44 PM	#1 (permalink)
GuD Dude... What? Join Date: Oct 2013 Posts: 1,322	legal question regarding fraud so, someone here's gotta be privvy to these things. i have a masterplan, guys. A way to get a loan in full with no interest rates. here's what you do buy an expensive thing with paypall and use their credit feature where you pay a minimum amount each month and within a grace period of i think a whole year you take no interest rates on urchase of over 500$. Sell the thing for 500$. Now you have 500$* instantly that you could pay off over an entire year. I mean, it should be legal, right? I'm hella stoned. I'm either brilliant or completely stupid and there's some sort of fatal flaw in my otherwise brilliant plan of utter brilliance. edit: so rght, it would actually be what, like 449$ because you have to make a payment that month but still __________________ I spit bullets in my feet Every time I speak So I write instead And still people want me dead ~msc Last edited by GuD; 10-20-2014 at 09:50 PM.*

10-20-2014, 09:45 PM	#2 (permalink)
GuD Dude... What? Join Date: Oct 2013 Posts: 1,322	the only flaw i can think of is you might be ****ed if you can't sell the thing. but htat cant be too hard. there's gotta be plenty of things for 500$+ dollars that plenty if people with 500$+ dollars can both afford and will buy. __________________ I spit bullets in my feet Every time I speak So I write instead And still people want me dead ~msc

10-20-2014, 10:01 PM	#4 (permalink)
GuD Dude... What? Join Date: Oct 2013 Posts: 1,322	BUT THEYLL NEVER KNOW ROXXY THEYLL NEVER KNOW They won't. __________________ I spit bullets in my feet Every time I speak So I write instead And still people want me dead ~msc

10-20-2014, 10:07 PM	#6 (permalink)
GuD Dude... What? Join Date: Oct 2013 Posts: 1,322	shhhhhh none of this ever happened MODS! Delete! HALPS! I HAVE POSSIBLY RUINED MYSELF! __________________ I spit bullets in my feet Every time I speak So I write instead And still people want me dead ~msc