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sgjsjs
Last edited by xfatrabbitx; 12-02-2011 at 03:14 AM.





^^^ given the backlash from the subprime home mortgage defaults, which are now spilling over into car loan defaults and credit card defaults, you chances of getting approved for financing through any mainstream financial institution are essentially zero. The problem is compounded by the fact that, if you should be approved for a loan and go belly-up on the payments, there is no way that the lender can 'repossess' your breast implants !
There is a small chance that your plastic surgeon's office will agree to short term financing i.e. paying the surgeon's fee in installments over a period of several months, given the fact that you do have $3500 available to pay for the medical tests / operating room / anesthesiologist etc. at the time of surgery. It can't hurt to ask. But odds are that it ain't gonna happen.




shyshshs
Last edited by xfatrabbitx; 12-02-2011 at 03:14 AM.





sorry I couldn't give you the answer you're looking for. Unfortunately, breast implants fall into the same category of credit cards, signature loans etc. i.e. there is no collateral which allows the lender to 'secure' the loan.



Not all hope is lost.
You can ask some angel investors to invest in this project and you can cut them a share of your revenue.
If you are an honest trustworthy person, there may be a few who can take that risk as long as they get 30-40% ROI
You can also find a nice sugar daddy to just give you a BA gift



OK, I just came up a fantastic Business Idea.
The members of StripperWeb can open a "BA fund" where anyone can invest from $100 to $2000.
Now this fund is used to lend money for dancers who want a BA and due to the riskiness of the loan is lent at prime+10%(This can be further refined based on applicants credit history, city/club where she works, her stats, some regression analysis on previous BA data).
By pooling money and lending it to more than a few dancers you have little diversification.
Of course you are still subject to overall industry risk and the BA fund may itself get financially hurt when you are individually hurting due to a downturn in the industry
But, if there is any one group that can pull this off successfully, it is this community.
Plus we have plenty of domain experience here to easily predict which BA will work in which body/club/city combination and to give consultation whether it really is a BA or an attitude that needs to be fixed
Much better than investing in Gold or Currencies
^^^ Do we even read the same web site?





^^^ obviously he's never loaned money to a dancer before LOL !



Obviously that idea was never meant for Mel/Deogol, the perennial pessimists of the board.
That idea is definitely for someone young and with a more entrepreneurial spirit, say Amber
There are plenty of people who thought loaning money to poor people was sure way to make a loss.
Yet, entreprenuers came up with a way to do exactly that and the result
http://en.wikipedia.org/wiki/Microfinance
is not only helping poor people but also created a few Millionaires along the way.
You can come up with Millions of reasons why a dancer would run away with your money or you can come up with creative ideas so that everyone benefits.





^^^ well I doubt that the US gov't is likely to start providing grant money for down payments on breast implants, or a bailout program for dancers who fall behind in their breast implant loan payments ! It's much easier to manage loss risk when the US taxpayer is ultimately backstopping the lender.
PS my comment wasn't based on theoretical speculation. It was based on 'school of hard knocks' experience, after having allowed myself to become the 'lender of last resort' to several dancers over the years. I think that exactly one girl actually paid me back ... but that is partly my own fault since I got tired of trying to play the role of megabitch collection agent in the dressing room and then fighting not to carry that same 'gimme the money' mentality back to club customers.
try





try
Much like investment banks, the 'owners' of prosper.com have positioned themselves to profit from the processing of loans while (supposedly) offloading all of the risk onto a secondary market of willing investors. And just like the investors in mortgage backed securities marketed by the investment banks, the investors in loans managed by prosper.com are promised high rates of return with little or no mention of potential loss risk. So while the establishment of a loan arrangement service similar to prosper.com may be profitable, it's success is entirely dependent on SOMEBODY being willing to put up their cold hard cash to be loaned out to very high risk borrowers (categorically speaking) at 'less than amazing' rates of return (versus, say, double your money small cap stocks)




rsyarya
Last edited by xfatrabbitx; 12-02-2011 at 03:14 AM.
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