Getting loans.. (WAY off topic)

[David A. Cooley]

> > 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...

And if you screw up and miss a payment or they find out what you are doing,
you go to jail for "Kiting".
Federal offense, do not pass go, do not collect $200.00