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Posts by swiftcyclist58

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Getting a loan through an Austrian bank in Banking, Insurance & Loans ·
swiftcyclist58 said:First off: I am not on anyone's "payroll." I do honest work, otherwise I'd be, hmm, sitting on some tropical island right now. As for those loans, I've seen them firsthand; I haven't just heard rumors about how many people got trapped by them, and since everyone already knows these institutions are nothing but scammers and frauds, it's practically common knowledge at this point...
Secondly: I am on the payroll of an agency that holds every single necessary permit required by our domestic regulatory authorities.
Thirdly: Why am I writing all this? To prevent people from falling into traps. If someone in America isn't creditworthy but still wants to "strike it lucky" with a loan—and if they actually manage to get one—then go ahead, but it's only a matter of time before they end up with zero money and no roof over their heads.
And fourthly: I am not insulting anyone, and I kindly ask that nobody tells me I'm "blathering." I am simply reporting the reality on the ground, which is far worse than it used to be; we see all sorts of people coming to us dealing with foreclosures from all kinds of so-called banks and their bought-and-paid-for lawyers... And wouldn't you know it, complaints have been filed with both DHS and the U.S. Coast Guard, yet no one can touch them? We are talking about a very insidious, organized type of banking crime that is almost impossible to track down. They have their people everywhere: in the land registries, among the notaries, the lawyers, and the judges. And I won't stay silent—quite the opposite, actually. Besides, if the Federal Reserve is so "flexible," why don't they just offer those lovely loans to our people in America at a local branch? Why should I, for instance, have to travel to some tiny village in Austria just to have them sell me property under the guise of "non-payment"? And let's be real, these aren't even legitimate banks; they are criminal organizations.

One more thing I neglected to mention: none of these banks from Austria were ever actually providing loans to citizens in America. After many years—slowly but surely—it has come to light that these are nothing more than usurious savings shops laundering someone's dirty money while abusing the reputation of JPMorgan Chase, who is working hard to distance themselves from these so-called "business partners." As far as I know, the "banks" being mentioned were hit with a Ban on operations by the Federal Reserve System a long time ago, let alone having the authority to extend further credit to our citizens. There is also another fascinating point: since they weren't supposed to be issuing mortgage loans on our properties—yet they did—those affected citizens can claim that all such contracts are VOID. What I mean is, if any "bank" issued a loan from Country A to Country B (in this case, from Austria to the US), and at the same time they were issuing funds without authorization from the Federal Reserve or any legal registration in the US, then they couldn't legally act as a corporate entity. Therefore, all their contracts, seals, and signatures are considered null and void, and you can challenge the validity of the agreement because it is essentially worthless. It’s worthless because it was entered into with the sole intention of seizing property—tricking people out of homes worth two, three, or ten times more than what is being seized—all by claiming "non-payment" and such nonsense. It's absolute madness...
Applying for a loan while living abroad in Banking, Insurance & Loans ·
bprenka;44977996 said:Does anyone have any intel on how Biden’s finance house in New York City handles mortgage applications? I'm wondering if anyone here has actually secured a loan through them, considering they've supposedly been operating legally under UN regulations for over thirty years.

Now we're going to see all these massive foreign corporations swooping in to buy up our properties... honestly, it feels like our people will never learn from these mistakes...🙂!
Getting a loan through an Austrian bank in Banking, Insurance & Loans ·
rapidpilot12 said:I mean, that lawyer is a crook too. If he wasn't, he wouldn't be representing someone who doesn't even have a work permit in the US. AND LET'S BE REAL HERE: THE BANK DOESN'T EVEN OPERATE IN AMERICA ANYMORE BECAUSE THE POLICE SHUT THEM DOWN FOR ILLEGAL ACTIVITY AND FRAUD, NOT BECAUSE AMERICANS AREN'T PAYING UP. Honestly, criminals love it when people don't pay because they just collect double through corrupt judges they've got on the payroll. But hey, it’ll all come to an end eventually. And swiftcyclist58, quit talking nonsense, because you're probably on their payroll too, so you know exactly how the game is played. Go find an honest job.

First off: I am not on anyone's "payroll." I do honest work, otherwise I'd be, hmm, sitting on some tropical island right now. As for those loans, I've seen them firsthand; I haven't just heard rumors about how many people got trapped by them, and since everyone already knows these institutions are nothing but scammers and frauds, it's practically common knowledge at this point...
Secondly: I am on the payroll of an agency that holds every single necessary permit required by our domestic regulatory authorities.
Thirdly: Why am I writing all this? To prevent people from falling into traps. If someone in America isn't creditworthy but still wants to "strike it lucky" with a loan—and if they actually manage to get one—then go ahead, but it's only a matter of time before they end up with zero money and no roof over their heads.
And fourthly: I am not insulting anyone, and I kindly ask that nobody tells me I'm "blathering." I am simply reporting the reality on the ground, which is far worse than it used to be; we see all sorts of people coming to us dealing with foreclosures from all kinds of so-called banks and their bought-and-paid-for lawyers... And wouldn't you know it, complaints have been filed with both DHS and the U.S. Coast Guard, yet no one can touch them? We are talking about a very insidious, organized type of banking crime that is almost impossible to track down. They have their people everywhere: in the land registries, among the notaries, the lawyers, and the judges. And I won't stay silent—quite the opposite, actually. Besides, if the Federal Reserve is so "flexible," why don't they just offer those lovely loans to our people in America at a local branch? Why should I, for instance, have to travel to some tiny village in Austria just to have them sell me property under the guise of "non-payment"? And let's be real, these aren't even legitimate banks; they are criminal organizations.
Getting a loan through an Austrian bank in Banking, Insurance & Loans ·
And nobody seems to care, even when we're talking about business interests from Austria... let's just say if those old Austro-style conglomerates start moving back into our country this way, they’ll be sweeping up everything through sheer deception, and we’ll just naively let them have it... unfortunately...
Getting a loan through an Austrian bank in Banking, Insurance & Loans ·
steeltrucker10 said:Hey everyone, has anyone heard anything about AXA Group offering loans over in Switzerland? Apparently, you have to go through Manuela Franjić—if you’ve heard anything about that scandal out in Cleveland. They claim their middleman is Mayer Valentin (who goes by Zdravko Folnegović), or at least that's how he introduces himself. There are actually a few of us who have already been burned by their schemes. If anyone knows anything about this situation, please shoot me a message via DM.

It actually gets even more sinister than that, and once you read this, you'll realize these predators are everywhere in America too: http://web.vecer.com/portali/vecer/v...09011205395803
Getting a loan through an Austrian bank in Banking, Insurance & Loans ·
Thomas Ortiz3 said:I'm not intimately familiar with the situation in Canada, so I don't quite grasp the specific MO used by that "gang," but one group choosing to prey on naive people through crime doesn't inherently make foreign loans "dangerous." In my experience, accessing foreign credit is relatively straightforward if you have a foreign guarantor willing to back your assets. The real question is what the interest rates look like on those types of non-purpose loans, but I don't see an automatic risk of fraud if you simply cut out the various "middlemen"...

Oh, please... find me one single idiot who would actually guarantee a loan for a foreigner, because they wouldn't even pay for your coffee once they left the country.
Getting a loan through an Austrian bank in Banking, Insurance & Loans ·
Go ahead and take out a loan at 7% interest if you want, but don't forget to actually pay the installments and keep every single receipt, just so you don't end up facing whatever mess happened back in Canada; and for heaven's sake, double-check that the account number on your contract matches the one on your payment slip, unless you fancy accidentally sending your hard-earned money into some private individual's pocket...

First objection...

I’ve been spending the last half hour replying to people, and I really need to weigh in on those links I posted last week...

I'm talking about that whole Canadian scandal involving Dream Credit...

Since I honestly can't be bothered to write a novel, I'll just say this: the people involved in that scandal were very real. Walter and his middleman are real enough, and they're still operating within the bank as if nothing ever happened. Regardless of the fact that he was the sole buyer for the auction properties—and considering how the local president of the court and a prominent local attorney, whose wife happens to be Walter's associate, were busy rigging deals—it all reminds me of an acquaintance of mine who ended up rotting in an Austrian prison over some commissions. But that's not even the point; the point is that this is simply how these Austrian banks operate...

Sam Martinez67 said:Does anyone happen to know which specific branch in Austin offers construction loans for Americans?

I'm not sure which bank it is, but I personally secured a rate of 7% up there... It isn't so much about the number of pay stubs as it is about the actual income shown on them. For instance, if you have a single pay stub showing $3,000-$1333 and you want a $50,000 loan with a monthly payment of roughly $500, you’ll likely need at least 3 or 4 pay stubs, or perhaps 2 that show $6,000-$2333... with each being $1333. It's also helpful if those pay stubs belong to family members or relatives...
The maximum amount available a year or two ago was $150,000 for a single family property. That is what I witnessed, though I heard people pulled out over half a million dollars for high-value properties in coastal areas or similar locations....

My advice is to go to the bank yourself. You will find people there who know exactly which banks in the US offer these products. Or, just pick up the phone and start calling to ask which institutions provide these loans. As someone mentioned earlier, brokers will take a 5% cut just for dropping off your paperwork at a branch and waiting alongside you to see if you get approved or not.

P.S.
To qualify for this right now, you absolutely need at least two substantial pay stubs (at least $2000 net)
No existing liens on the property...
And the property needs to be in a solid location... meaning it shouldn't be in some tiny rural town 31 miles outside of a major metro area like Dallas where there are only five houses in the whole area.

If you meet all those criteria, go to the bank yourself and you are 100% certain to get the loan....

Thank you.
Best regards,

Oh, and you forgot to mention that the bank providing the loan isn't located in a village, but in some tiny hamlet where there are only five houses. And if everything is supposedly so clean and transparent, why hasn't the Federal Reserve stepped in here in America so our citizens can get loans under the exact same conditions they get in Austria?

Probably because the Federal Reserve wouldn't be able to play their shady games like they do now; they won't even give the brokers official contracts, so these people just work under the table. Commissions are handed out inside the bank, but strictly off the books—under the table—with a portion of that kickback going straight to the banker who doesn't report it to the IRS. Meanwhile, these gentlemen continue to work alongside Federal Reserve employees, pulling whatever stunts they want and buying up real estate through shell companies in Canada, and at this rate, they'll be doing it here in the States too. Who in their right mind thinks this is okay!!??

Take Raiffeisenbank St. Stefan-Jagerberg - Wolfsberg, for example—a "major metropolis" consisting of maybe five or ten houses. Have you ever even heard of such a "metropolis" in Austria? No, you haven't. Yet they hand out loans left and right, and working there is none other than Mr. Walter, who will settle whatever loan you're looking for for a tiny 6% fee (paid under the table). Just, shhh, don't tell anyone—he's also the bank director, but that's a secret... Read that and then tell me if you still have the appetite to head over to Austria to hunt for a loan.

I really don't want to sound like a broken record here, but if you actually care to know what's going on, just head over to Google and search for the "Dream Credit" scandal or look up those mortgage companies out of Ptuj involved in the credit mess... honestly, there is a massive mountain of articles out there waiting for you, and if the English isn't clicking, just use Google Translate to make sense of it all... it’s all right there if you bother to look...
Getting a loan through an Austrian bank in Banking, Insurance & Loans ·
...If we were just regular folks, we’d find a way to scrape by during a crisis; I'd much rather be broke than lose absolutely everything...
Getting a loan through an Austrian bank in Banking, Insurance & Loans ·
And here is some more fuel for the fire...
http://web.vecer.com/portali/vecer/v...09011205395803

http://web.vecer.com/portali/vecer/v...09030405412641
http://nepremicnine.si21.com/Novice_...ovoljenja.html
Getting a loan through an Austrian bank in Banking, Insurance & Loans ·
For anyone out there looking to jump headfirst into a new loan, feel free to take a look at this incredibly eye-opening link I stumbled upon online the other day. Before you go rushing out to sign your life away for some quick credit, you really ought to read up on everything surrounding that whole Dream Loan scandal over in Canada, so here is the link to get you started...
Applying for a loan while living abroad in Banking, Insurance & Loans ·
To add my two cents, there’s an entire mountain of coverage across the American media landscape regarding August Walter, Mary Toplak, Vladislav Koller, and Wells Fargo... specifically concerning that whole "Local Credit Union" scandal that the press has been tearing apart... so, if you ask me, you get what you deserve... It’s funny because that bank operated right here in the States too, and it seems like nobody can touch them, which is just... interesting... If you dig deeper, you can see that this gentleman (A. Walter) was running loan operations in America regardless of the fallout, utilizing his own set of middlemen here just as he did in other regions—with Koller acting as his go-between for both himself and his bankers until the Local Credit Union scandal finally blew up, at which point Koller just shifted his business over to different branches... honestly, who is actually playing who in this mess?... They keep hiding behind the excuse that they had authorization to issue those loans, but the evidence is all right there... Walter should spend the rest of his life behind bars if you ask me... and don't for a second think those big-shot bankers aren't just as guilty... it’s nothing more than primitive greed from people who only care about how much cash they can shove into their own pockets... that’s the truth about those shady loans... I suspect you’ll lose your appetite for this whole thing once you read up on the Local Credit Union scandal just like I did... it's absolutely revolting...🙄
Applying for a loan while living abroad in Banking, Insurance & Loans ·
Attention, fellow forum members and readers!!! I’m dropping a highly intriguing link here, especially since the people involved in this whole mess are actual real-world players—some of them even being high-level bankers (A. Walter)... so you all can decide for yourselves how much you really want to trust those big financial institutions when you're out there applying for a loan in the States!!!!!
Personal loan ads: Legit or scam? in Banking, Insurance & Loans ·
Richard Wright said:"Quote:"

No, because you’re actually going to end up walking away with more than that. $667...☕

And don't tell me you wouldn't pay back a little extra at the bank, honestly... just go check out a payday lender and see for yourself what the actual fees look like on one of those tiny little loans
Personal loan ads: Legit or scam? in Banking, Insurance & Loans ·
David Miller2 said:Richard, props to you! Finally, someone actually explained the "mystery" behind these advertised loans in the classifieds.
I know this thread is old, but man, it's still sooo relevant!
I personally know people working in that first category, and I'd venture to say they actually know way more about lending and money in general than your average bank teller—especially compared to the average financially illiterate American who thinks living with a massive overdraft on their checking account is just part of life (even though that interest rate is pure robbery!).

I have to agree, bravo Richard Wright👍
Personal loan ads: Legit or scam? in Banking, Insurance & Loans ·
Lisa Rogers said:However, according to the lady at Bank of America—the one the broker suggested—they’re actually being quite evasive about these specific loans.
And honestly, that’s what I don't get. Why wouldn't a bank just offer this kind of credit directly to someone without needing a middleman?
So, here's the situation: for this woman (whom I mentioned earlier), the broker suggested a loan through Wells Fargo after I took a look at her finances. To get the loan, she’d also have to pay for some kind of insurance—I'm not even sure what it covers—and the monthly premium is pretty steep. There are no requirements for guarantors, mortgages, or co-signers. On paper, it's perfect for my friend, but predictably, she's nervous.
She goes into the branch to ask for a loan under the exact same terms the broker offered. Naturally, the bank teller looks at her like she's lost her mind.
Still, I can't wrap my head around how these brokers could actually scam her. The only thing that makes sense is if they somehow intercept the funds so the money never hits her account. Otherwise, none of it adds up; she doesn't own property or a car, and she's just living off a decent salary. That's it.

It's because Bank of America, and frankly most other banks too, make their extra profit that way, and why would they ever give you a better deal directly if they can't bundle in a bunch of extra products to squeeze more money out of you?
Personal loan ads: Legit or scam? in Banking, Insurance & Loans ·
Nicole James said:Okay... let's say you have one of those people who would take the elevator to the sixth floor just to walk down to the second. I highly doubt there are enough people like that to make a middleman business like this actually profitable... I mean, who is going to call some random, shady stranger to negotiate life insurance policies under weird conditions when they could just walk into a Chase branch and handle everything cleanly and securely? The only reason someone wouldn't go through a bank is if they knew they'd be flagged immediately—which brings us back to the fact that this can't be a legitimate operation. After all, why would a major bank suddenly approve a loan for someone who doesn't qualify, even through an intermediary? It just doesn't make sense from a legal standpoint.

It's because EVERY single bank handles loans under the table like that, and because every banker is busy pushing extra products onto people just to hit their monthly quotas, and that is the cold, hard truth!
Getting a loan through an Austrian bank in Banking, Insurance & Loans ·

Scott Taylor8 said:Well, I just got off the phone with someone in Austria myself, and they told me you need a 1:16 mortgage ratio and a 22% interest rate (they actually claimed they picked 22% just because it’s lower than our sales tax).

Look, steeltrucker10 and Jonathan Ward59, if your goal is just to make people look stupid, then at least be honest about why you're doing it. Maybe you work for one of the big banks and you're terrified of losing your job if everyone decides to move abroad? If people head overseas to grab loans at interest rates of maybe 2-3%, or even 4.5 to 5%—which is still a massive difference compared to the 7% we deal with here—then fine, go ahead and hide the truth. But seriously, what's the endgame here?


Listen, Scott Taylor8, we need to talk about the situation with Bank of America. Looking at all these threads, it’s pretty obvious whether they’re willing to play ball with Americans or not. And let's get one thing straight regarding interest rates—it’s not some measly 2 or 3 percent, it’s not even 4 or 5... we are looking at anywhere from 7.5 to 9 percent depending on which branch you walk into. It feels like because we're dealing with the specific risks inherent to our local economy, they just squeeze us harder... that's the reality of it. And if you think you can just walk in and grab a loan, you clearly don't understand how things work over in Europe. If you're living in Austria and you actually hold an Austrian passport, sure, things might be different, but if you don't have that status, you aren't getting any better treatment than we are here. The only way you see those lower rates is if you're already established there with a steady job. Otherwise, it’s just the same old story... they're basically just waiting for us to push them to the limit with our minimum wage struggles and the fact that everyone seems to be carrying five different loans per capita... you can bet they won't lift a finger to finance us under normal circumstances. Even if they do decide to lend, it comes with conditions so rigorous they're practically impossible to meet... so, frankly, I don't think anyone needs to worry about bank employees losing their jobs in the States, because we certainly aren't going to be running over there to take advantage of their systems... it's all just nonsense...🙄
Getting a loan through an Austrian bank in Banking, Insurance & Loans ·
Raymond Bishop41 said:Were you perhaps talking about Hypo Real Estate Inc.? Does anyone here know anything about these thieves? If anyone has info, please reach out. Shady brokers, working alongside crooked American lawyers and notaries, along with what were then the top Austrian execs, ruined my family and about 20 others just like us. We had it the worst—some of us were paying our installments religiously until that "bank" collapsed and everyone ended up in jail (except for those crook middlemen). We thought everything was totally legitimate, but 👎 Basically, it's been six years of lawsuits, foreclosures, and public auctions for the full amount of the loans and leases, because they refuse to acknowledge the payments we already made. They're being represented by a big law firm in Chicago. Financially and morally, they've destroyed us. Our court system seems completely blind to this kind of fraud; legally speaking, we're powerless. The lawyers have bled us dry, and we can't even afford to keep fighting these court cases. We're going to lose everything, even though we actually paid off the loan.

Look, if you actually finished paying off the credit, then demand they issue a formal release of lien—assuming there was real estate involved—and if they refuse, I happen to have some excellent legal contacts in the States who might be able to assist you... just send me a message and I'll pass them along, as they handled all my documentation perfectly and work for certain interests out of Austria, regards.
Getting a loan through an Austrian bank in Banking, Insurance & Loans ·
Eric Fowler19 said:Were you paying the brokers, who clearly weren't passing the money to the bank, or were you paying the bank directly?
Do you have proof of payment?
I ask because a friend of mine took out a loan from an Austrian bank, using property on the coast as collateral.

I pay my loan directly to the bank, and I just received my annual statement from them, so I don't see what the issue is. If I had to guess, I'd say the problem stems from pure ignorance... unfortunately...😕
Getting a loan through an Austrian bank in Banking, Insurance & Loans ·
swiftcyclist58 said:I have a few questions: first, why haven't you reported this to the District Attorney? Second, how on earth can they sue you for the total amount while ignoring your payments, assuming you actually kept your receipts? And third, if you were paying either in Austria or back home through a registered loan with Bank of America, there's no way this could happen unless something is seriously wrong... You mentioned those people ended up in prison, so where is the issue? Surely you have the documentation, right? I know colleagues who paid off their loans in full and had the bank release the mortgage without a single hitch, specifically when dealing with Ford Motor Company...


When you talk about top-tier Austrian officials, who exactly are you implying—some kind of Austrian Sanders?... In any case, for situations like this, the jurisdiction always falls to the court in your place of residence, and there is always an appeals process available to you, not to mention that you must have signed promissory notes and notarized the contracts at some point, so where and how did that happen? Did you sign Austrian notes or American ones? If you signed the Austrian ones, then the Austrian authorities would only withdraw a lawsuit if there was legitimate, substantiated suspicion of foul play...