Worldwide Loan Club
We are a group of people that are willing to PIF folks into this program.
WE WILL PAY YOUR $103 MEMBERSHIP FEE FOR YOU !!
These people of WLC are very efficient and have an excellent support staff. Since the time I joined they have done nothing but improve the system. New rules have been implemented to ensure longevity of the program and I see the Worldwide Loan Club being around for a long, long time. I may be a bit ahead of you but believe me folks... this program is just beginning to take off. Time goes fast and there if you join now you can easily calculate how much extra spending money you will have come December.
This program can help a lot of people. With it you can generate tax-free cash flow.
The FAQs provide a lot of helpful info, and I am here to answer any others that you may have.
INSTRUCTIONS FOR PIF SYSTEM
Just send an email at: benefactor05@yahoo.com
Subject: WLC PIF
I will send you the link for joining. When joining you must enter your STP account.
You must have a STP verified for withdrawing your money. If you are not verified just do it.
Then you have to send me your WLC username and password for me to make the $103 payment. Then you can change the password.
To receive the loans and make the payments you must have a Solid Trust Pay [STP] account… it’s free; it is the payment processor. >
http://solidtrustpay.com/?r=1865 - STP is in Canada.
Then you have to promote your referral link to get two under you.
GETTING YOUR TWO
If you wish to get your 2 referrals So Quickly, you can do one of two things.
1) PIF two members under you. For doing this you have to ask them their WLC username and password.
Then enter their back office and make the payment. Then they can change the password.
2) Offer a cash back to them. But Please explain your strategy of cash back before handed and most important... keep up your promises.
Easy, Safe, Realistic Way to Offer Your 100% Cash Back..!
Actually you absolutely NEED NOT to pay this from your own pocket, if you offer like this....
1. 1st month, immediately after you receive your 1st Loan Disbursement from WWLC, you pay your both referrals $20 each to their STP.
2. 2nd month same date, after receiving your 2nd Loan Disbursement, you pay $40 each.
3. 3rd month same date, after receiving your 3rd Loan Disbursement, pay the balance of $43 to each.
And when you begin to receive your first loans you have to be willing to use them to PIF more people under your downline.
HOW DOES IT WORK?
There were three points to consider, that allowed me to move forward with WLC.
# 1 - Over the past five months they had been paying exactly as promised. Time will tell if this continues. Five months is not enough, but it is a good start when you consider the other points.
# 2 - Who has the greater risk here? If you do everything you are supposed to do. Join - Pay the fee - Refer your two who do the same, you receive $50 immediately and $100 more 30 days after that. Your out of pocket is $105.22 - Theirs is $150 and from this point forward the greater risk is always on them.
# 3 - Is this a viable business model? Although unusual, I believe that it is viable.
This is intended to be a series of self-liquidating loans - 24 month term at 6% simple interest.
Every month a new loan is automatically granted so long as the required payment for the previous month is made. After 24 months each loan is fully paid off. Their objective is to have virtually ZERO DEFAULT on the loans. They are attempting to do this NOT by forming a cost consuming collections department, but by a very inexpensive method - Simply making sure it is always more to YOUR advantage to stay in the program than it would be to quit the program. The next loan that you receive is ALWAYS greater than the consolidation of all of the payments that you owe, giving you a consistent and ever increasing positive cash flow. They know that most people will NOT quit a program if they are making money from it. (I agree!)
What I mean by “virtually ZERO default” is that the members who get the loans are paying them off. The first loan is $50 – the second is $100 – the third is $200 – and so on with each having a term of 24 months. A good track record of the loans being paid in full becomes more and more valuable to them in the future.
Over time, they will be able to present a track record of loans being paid off as promised (nearly) 100% of the time. By doing this, it is possible they could borrow the FULL value of each loan up front (possibly even multiple times the value of each loan) from investors who want to fund the loans, invest that money through their International investment portfolio, and MULTIPLY their returns. It is possible they could be making multiple times the value of each loan if they are successful at doing this.
If YOU decide to quit, then technically, “you would be responsible for repaying the loans.” However, read also Question #24. “What happens if I quit the program? Do I have to pay back the loan?”
Their Answer – “Since we do not ask for your social security number, we do not report defaults to credit or collection agencies, however, should you choose to quit the program, you can do one of two things:
1) Pay back the loan plus the small interest fees, or,
2) While we hope you would not do this, if you decided to keep the money, you immediately become responsible for reporting it as income and paying taxes on it.”
They do NOT attempt any collections or report any defaults – Nor do they have any intention of doing so. That is obvious from the start. They do not ask for address, phone number, references or any identification numbers. They are not interested in attempting any collections. They just want to make the program a “Win-Win” for everyone involved. If you quit and do not repay the loans, they lose, but so do you!
Review of WWLC
You can have multiple positions in this program. To qualify each position we only need to have just TWO referrals. Anyone joins after that will go to my personally sponsored people or their people as needed.
With this program we will have an income stream of at least $1500 to $7500 per month or more PER POSITION.
When you weigh the cost vs. return, this is well worth the effort. PLUS…You have absolutely nothing to lose!
Procedure to Join WWLC
You simply pay a $100 processing fee and then refer two others to qualify for the "loan" (dont worry... our team build will take care to get you 2 referals). 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.
Benefits & Returns
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.
IMPORTANT DETAIL No.1, try to understand it
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 90 days, (This Situation definitely WILL NOT HAPPEN, if you join this team build) 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.
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