WorldWide Loan Club
This program was referred to me by one of my upline sponsors.
One time cost of $100 – All anyone has to do to accomplish this is refer 2 people - And those 2 are guaranteed success or their money back.
The program is called the WorldWide Loan Club (WWLC) http://www.worldwideloanclub.com/index.php?id= 1908
When you weigh the cost vs. return, this is well worth the effort. PLUS…You have absolutely nothing to lose!
This is a unique "Loan" program called the WorldWide Loan Club.
You simply pay a $100 processing fee and then refer two others to qualify for the "loan". At that point, you receive $50. Then the next month $100 and it doubles every month up to $1600. After that, you get an additional 5% increase in your loan every month.
To continue receiving these loans every month, you simply make a small preset payment back to them within 30 days. (See the Progression Chart on the web site.) Every time it is received within 30 days, you continue to receive your loans. Every one you receive is a new loan and it is paid off in 24 months. This goes on forever or until they end the program. They have a credit life policy attached to each loan so if you quit the program or (at your death) all of the loans are instantly paid off.
The benefit to this is once you have reached the sixth month, you have made approximately $2900 and you are making an additional profit of about $1460 per month. This "profit" never goes below this amount from this point forward and you can have up to FIVE loan positions. You must refer two new people to qualify each position. If you have five loan positions that are all qualified, you will have received approximately $14,500 (in the first six months) and you will be receiving a total of about $7500 or so per month after the first six months. That number will steadily be increasing every month thereafter.
If they ever quit paying you, the program ends and it is all over. If you ever quit paying them, there is no collection procedure. (They do not even have your SS# or address). The credit life policy is in place to cover defaults. It is strictly voluntary on both parties. The only catch is, if you do not pay the loan, it is no longer considered a tax free loan – It then becomes "income" for all legal purposes and at that point you are liable for claiming it as such and paying taxes. Otherwise, if you stay in the program (and why would you ever quit?), it is all just considered a series self-extinguishing loans which are not taxable.
One additional point to consider is this…. They want all participants to give this program an honest effort but if someone cannot get their two referrals in 60 days, they can request and get a full refund less 10%. If they were one of your TWO qualifying referrals, you will have to replace them to remain active. However, you can either help them or YOU can refund their money directly thereby saving them the 10% deduction and saving YOU from having to go out and get another referral. You will have already earned enough from the program, that is costs you NOTHING. Even if you had to reimburse BOTH of them, you are still in the profit. By your third month, you will have already earned over $350 and the fourth month - $400 – fifth month $800 more and so on. In your sixth month, you receive $1600 – pay back $140 = net profit of $1460 – This profit amount increases each month thereafter. They want everyone to make a legitimate effort to get their two but as long as they do not ask for a refund, they still count as your referral. You could even offer to benefactor two people into the program as log as they are committed to getting their two. I see a number of possibilities and benefits that can be obtained from this program.
If you want more information, look over the web site – http://www.worldwideloanclub.com/index.php?id= 1908
