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Would you pay 50K for 1,000,000.00 line of credit ?



Would you pay 50K for 1,000,000.00 line of credit ?

Sounds like a scam to me.
Why would anyone do such a thing? Only scam artists would propose that someone pay for a line of credit. Lines of credit are calculated on ability to pay--not ability to purchase.
Only to a Nigerian businessman.
of course, A one time fee and no time constraints. You could literally never repay the loan. But this is not possible or real unless you a being scammed
Easy decision.....take the NPV of the $50k, obvious, and compute the FNV using various interest rates, ROR and length of investment or TOR.
nope
why would i??
It sounds like a scam - Nigerian style - to me, especially if they asked you how your family is doing (trademark Nigerian 419 scam add-on). Tell whomever is trying to "sell you a line of credit" to eat $hit!
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