Re: I need a loan in UK

On Thu, 28 Dec 2006 13:18:27 GMT, Ronald Raygun
<no.spam@xxxxxxxxxxxxxxxxxxxxx> wrote:

Csaba wrote:

I have heared that anyone can get loan if he pay the 10% of the
requested loan amount as an insurance.
If it's true and working, be my broker. I need: EUR 400.000. and have
10%.

Use your loaf. If what you say were true, anyone could get a loan
of unlimited size. All they'd need would be 10%. But they could
easily get 10% by borrowing it, for which they would need 10% which
is 1% of what they ultimately wanted. So we have now established
that you don't really need 10%, you only need 1%.

Repeat the reasoning, and you'll see that an arbitrarily small amount
of insurance seed money would be enough to get you any amount.

Idiots don't have loaves.

--
Peter Saxton from London
peter@xxxxxxxxxxxxxxxxx
.