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favorite this post $11,250 - $45,000 UNSECURED INSURANCE LOAN (Toronto) hide this posting unhide

PROGRAM HIGHLIGHTS: Minimum Unsecured Personal Loan of $11,250 includes an additional Investment Loan of $213,750 for a total Principal Amount of $225,000 (the "Loan"). Borrowers of all ages are eligible for Loans. Borrowers are required to apply for a life insurance policy on themselves if 55 or over or on an individual 55 or over that they have an insurable interest in eg. parent, relative or key person of a corporation. Proceeds from the investment loan are used to subscribe for units in a Limited Partnership (LP) that invests in a portfolio of Exchange Traded Funds ("ETFs") and managed by the Lender. Sole security for the Loans are the units in the LP and the Life Insurance Policy. Annual Interest and Life Insurance Premiums are paid for from the periodic sale of ETFs. TO QUALIFY FOR THE LOAN ANSWER THE FOLLOWING QUESTIONS: Are you 55 or older and in good health? Are you younger than 55 and have one or more parents 55 or older that will consent for you to take out a life insurance policy on the their life of lives. IF THE ANSWER TO ONE OF THESE QUESTIONS IS YES: YOU QUALIFY. Provide your name and contact info and if you are under 55 the name of parent or parents and we will send you a Letter of Intent with the amount of the loan you qualify for. SET UP FEE OF $288 PAYABLE WITH LETTER OF INTENT.
LOAN DETAILS: Individuals of Ages and Business Owners are eligible. Carrying Costs: 8.8888% annual interest plus Life Insurance Premiums. Term: 20 years. Personal Loans: $11,250 - $45,000. Loan Amounts: $225,000 - $900,000. Investment Loans: $213,750 - $855,000. Limited Underwriting: Unsecured Loan. LIFE INSURANCE DETAILS: Life Insureds: Male or Female over 55, non-smokers, good health. Face Amount equal to Loan Amount. Term 20. Collateral Assignment: Death Benefit assigned to Lender.
LENDER: Jarjenco Credit Corporation, 1 Yonge Street, Suite 1801, Toronto, ON M5W 1W7 Contact: Edward S. Anthony Office: 416-363-0153 Cell: 905-512-6855
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