Getting loans.. (WAY off topic)

[Todd....!!]

Thanks for the info Michael,

Will look into it...

However, all the tickin began at a red light all the sudden,(within
about 5 seconds or so) scared the heck outa me, this car's worth about
$3,500-$4,000 and I'd like to sell it and out the money in the bank vs.
leave it in the backyard to rust...

May try thicker oil, but I doubt seriosuly that will help much, if any
at all...

Thanks again for the advice/experience...

LATER!

Todd....

-----------

Stegbauer, Michael wrote:
> 
> Todd,
> 
> I'm assuming the bank runs a credit report and can see that you are
> getting a large number of small loans in a short amount of time.
> Even if they didn't notice that this looks alot like check kiting
> (not exactly the same thing), it would be really suspicious and
> they'd be pretty foolish to give a loan like that.
> 
> I did get the impression from you original message that you were
> asking for more money with each loan, so maybe I've misunderstood
> something there.   They might do it for a loan equal to the amount
> of cash but at some point you'd be asking for more money, right?
> (I don't remember the details of stage 2).  Sooner or later I bet
> they'll start denying you on the number of credit inquiries alone.
> 
> Good luck though!  The cause is just.    ;-)
> 
> Anyway,  have you tried heavier oil for your lifters?  Whenever
> I showed up for an event, all the other DSMers would come over
> and tell me that I had the worst lifter tick they'd ever heard.
> Mobil 1 made it worse, but then I switched to the Valvoline
> Syntec(?) (full Synthetic) 5W-30 and the noise went away.
> I had to get it at PepBoys to start, but Walmart sells it now.
> I switch to the lighter stuff for winter and had a little
> tick occasionally at startup, but nothing to even think about.
> 
> The lifters usually aren't a major problem anyway, though some
> people think they can trigger the knock sensor.  It sounds like
> your compression is way low.   The archives (search.dsm.org)
> suggest that most turbos read around 150.
> 
> Cheers,
> Mike
> 92 AWD Laser
> 
> -----Original Message-----
> From: Todd....!! [mailto:atc347 at c-com.net]
> Sent: Friday, May 28, 1999 11:14 AM
> To: diy_efi at efi332.eng.ohio-state.edu
> Subject: Re: Getting loans.. (WAY off topic)
> 
> Hello Michael,
> 
> Stupid meaning what?
> 
> Do you believe that a bank giving a 'loan' to someone who puts the exact
> same amount as the loan in a savings account at that bank for collateral
> as bing STUPID?
> 
> They have NO risk whatsoever on that loan, plus they get the interest
> from the loan when all is said and done...
> 
> That' sounds like a no risk type of loan to me as far as the bank's
> concerned....
> 
> I may not have conveyed the theory well....
> 
> ANY bank will give a loan for cash as long as you give them that same
> amount of cash in an account....
> 
> I'll let ya know how it goes....
> 
> The banker may ask why you would even want a loan if you already have
> the money, all ya have to tell em is that you have a hard time saving
> money, and that if it were in the form of a loan that you would have
> more of a reason to save the money, or somethin like that...
> 
> Simple...
> 
> Easy...
> 
> Works...
> 
> Purpose is to build repore and confidence with the lender...
> 
> LATER!
> 
> Todd....
> 
> -----------
> 
> Stegbauer, Michael wrote:
> >
> > > Will be goin out and gettin loans using this $3,000 as my collateral in
> > > several banks in series, i.e. deposit the $3000 in one bank, get a loan
> > > using it as collateral, take the loan money from the first bank, deposit
> > > it into another bank, get a loan on that money etc....
> > >
> > > Then mak 2 or 3 payments on each 'loan' over a 6 week period using the
> > > $3,000 'loan' money for payment money, then go back within about 6 weeks
> > > or so and pay all of em off, then ask for a signature loan from each
> > > bank for about the same amount...(signature meaning NO COLLATERAL!) and
> > > do the same thing with that signature loan money... This will build
> > > credit with the bank(s) as well as a relationship with em...
> >
> > Wow!   I'm looking into buying some land.  If the loan officers in
> > Houston are this stupid, maybe I should get a loan there.