Forums > Off-Topic Discussion > Getting a business loan from the Mob

Photographer

John Jebbia

Posts: 27648

Phoenix, Arizona, US

Who do you talk to? Good idea, bad idea? What if you were so confident in your idea that you'd be willing to put your neck on the line? I've been reading and it appears they only fuck with you if you fail to meet the terms of the loan.

Apr 29 13 11:35 pm Link

Photographer

Tim Summa

Posts: 2243

San Antonio, Texas, US

Try Danny Deveto, it is the DeVetos and DePolos that are the sourse of the God Father. The last living member of my family that were 'Mob' is my Uncle Boss, he is in Florida, look him up, he would know. I'm like my father Joe Summa, stay as far from des guys as you can.

Apr 29 13 11:49 pm Link

Photographer

Tim Little Photography

Posts: 11659

Wilmington, Delaware, US

Please correct me if I'm wrong but don't they charge insane interest. Like 100 percent? John, don't do it. Getting killed will have a negative impact on the rest of your life.

Apr 30 13 12:03 am Link

Photographer

GK photo

Posts: 28694

Laguna Beach, California, US

John Jebbia wrote:
Who do you talk to? Good idea, bad idea? What if you were so confident in your idea that you'd be willing to put your neck on the line? I've been reading and it appears they only fuck with you if you fail to meet the terms of the loan.

yeah, that one can be a killer. and the only mob you're going to find in the desert are the "relocated" types, so i wouldn't go looking, if i was you.

Apr 30 13 12:44 am Link

Model

Sierra Sunshine

Posts: 11876

Toronto, Ontario, Canada

Tim Little Photography wrote:
Please correct me if I'm wrong but don't they charge insane interest. Like 100 percent? John, don't do it. Getting killed will have a negative impact on the rest of your life.

Probably closer to 500% ninja

Apr 30 13 12:49 am Link

Photographer

Gavin Poh

Posts: 229

Melbourne, Victoria, Australia

nah its only 20%...

per 5 minute block smile

Apr 30 13 01:03 am Link

Photographer

255 West

Posts: 6468

New York, New York, US

John Jebbia wrote:
Who do you talk to? Good idea, bad idea? What if you were so confident in your idea that you'd be willing to put your neck on the line? I've been reading and it appears they only fuck with you if you fail to meet the terms of the loan.

Sounds like a FANTASTIC idea! Definitely do it. Oh, and bring along a copy of what you read, they'll enjoy that. (And tell 'em Vinny from Model Mayhem sent you.)

Apr 30 13 01:57 am Link

Photographer

Vivus Hussein Denuo

Posts: 64211

New York, New York, US

You have to be able to say to your wife, "Never ask me about my business."  Not all wives are gonna go for that.

Apr 30 13 04:23 am Link

Photographer

SensualThemes

Posts: 3043

Swoyersville, Pennsylvania, US

i use private money ... 10 percent...

and hard money...up to 20...

for my real estate. 

costly. but cheaper than and arm and a leg

Apr 30 13 04:28 am Link

Photographer

WIP

Posts: 15677

Cheltenham, England, United Kingdom

They send Joe Pesci around to visit you if you don't pay.

Apr 30 13 04:36 am Link

Clothing Designer

Chain Reaction

Posts: 529

Grand Rapids, Michigan, US

I think you can find them behind the loan desk of most banks these days.

Apr 30 13 04:50 am Link

Photographer

Stephen Dawson

Posts: 29249

Toronto, Ontario, Canada

Be sure that you understand 6 for 5.

Apr 30 13 05:24 am Link

Photographer

Will Snizek Photography

Posts: 1387

Beckley, West Virginia, US

I'd rather owe the mob than the IRS.  That's for sure.  At least if you can't afford to pay back the mob, you can do a favor to settle the debt.

Apr 30 13 05:26 am Link

Photographer

Vivus Hussein Denuo

Posts: 64211

New York, New York, US

c_h_r_i_s wrote:
They send Joe Pesci around to visit you if you don't pay.

Baddest short guy on the planet.

Apr 30 13 05:40 am Link

Photographer

Jerry Nemeth

Posts: 28471

Dearborn, Michigan, US

No John!!   lol

Apr 30 13 05:42 am Link

Photographer

Marc Damon

Posts: 6562

Biloxi, Mississippi, US

There are those who believe the mob had a hand in killing JFK. What do you think they'd do to you?

Apr 30 13 07:35 am Link

Photographer

SayCheeZ!

Posts: 18231

Las Vegas, Nevada, US

Tim Little Photography wrote:
Please correct me if I'm wrong but don't they charge insane interest. Like 100 percent? John, don't do it. Getting killed will have a negative impact on the rest of your life.

That would be a loan shark.
Loans from the 'mob' typically aren't much more than a loan from a 'legit' source.   (Remember, the mob often borrows money from legit sources, so they can't really offer the same exact rates... no profit!)

Apr 30 13 08:39 am Link

Photographer

Hero Foto

Posts: 878

Phoenix, Arizona, US

John Jebbia wrote:
Who do you talk to? Good idea, bad idea? What if you were so confident in your idea that you'd be willing to put your neck on the line? I've been reading and it appears they only fuck with you if you fail to meet the terms of the loan.

I know some that do "collections" ... no way no how would I "borrow" ...

Apr 30 13 08:42 am Link

Model

MoRina

Posts: 5919

Fort Lauderdale, Florida, US

Considering that title loans in this state are over 200% interest, I am thinking it couldn't possibly be worth it.

Apr 30 13 08:53 am Link

Photographer

Paul Tirado Photography

Posts: 4276

New York, New York, US

Tim Little Photography wrote:
Please correct me if I'm wrong but don't they charge insane interest. Like 100 percent? John, don't do it. Getting killed will have a negative impact on the rest of your life.

Generally they would not kill you. Not so much out of kindness and concern but more on the fact that dead people have poor track record of repaying debts.

Apr 30 13 08:53 am Link

Artist/Painter

ernst tischler

Posts: 15593

Houston, Texas, US

If you are thinking about borrowing money from the mob, why not just save yourself a lot of trouble...break your own legs, shoot yourself multiple times and then fall into the river with cement boots on?

Apr 30 13 02:10 pm Link

Photographer

Jeffrey M Fletcher

Posts: 4355

Asheville, North Carolina, US

Marc Damon wrote:
There are those who believe the mob had a hand in killing JFK. What do you think they'd do to you?

Promote to president due to vacancy?

Apr 30 13 02:16 pm Link

Photographer

DOUGLASFOTOS

Posts: 8752

Los Angeles, California, US

http://i785.photobucket.com/albums/yy135/guapisimo_2010/mafia.jpg

Apr 30 13 02:18 pm Link

Photographer

John Jebbia

Posts: 27648

Phoenix, Arizona, US

Ok.. I've reconsidered. I'm still planning on taking the loan, but I'm trying to talk Gryph into signing for it. That way my conscience is clear.

Apr 30 13 06:04 pm Link