Posted by: mno October 9, 2012
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This is one way.
From America from various banks,
$44,000 *Rs 90 = approx Rs 40,00,000 (चालिस लाख)- paid one time 3% charge and 0% APR for 12 or 18 months(monthly interest दस हजार at 3% annual)
In Nepal,
Give loan at 36% annual interest for Rs 40,00,000 (चालिस लाख) you get monthly interest of Rs. 1,20,000 (एक लाख बीस हजार) minus Rs 10,000. You get monthly Rs. 1,10,000.
That interest again invest.
I have been doing this for quite a time. At the end of 12 or 18 months, I pay all the credits and get new one with 0% APR.
This is how I earn extra money by staying in america without doing business. I am giving loan with secure collateral.
From America from various banks,
$44,000 *Rs 90 = approx Rs 40,00,000 (चालिस लाख)- paid one time 3% charge and 0% APR for 12 or 18 months(monthly interest दस हजार at 3% annual)
In Nepal,
Give loan at 36% annual interest for Rs 40,00,000 (चालिस लाख) you get monthly interest of Rs. 1,20,000 (एक लाख बीस हजार) minus Rs 10,000. You get monthly Rs. 1,10,000.
That interest again invest.
I have been doing this for quite a time. At the end of 12 or 18 months, I pay all the credits and get new one with 0% APR.
This is how I earn extra money by staying in america without doing business. I am giving loan with secure collateral.
Last edited: 09-Oct-12 01:57 PM