Lies, damned lies, and a wartime legacy

http://www.iwm.org.uk/sites/default/files/iwm_solr_field/large/Art.IWM%20PST%2010628.jpg


Back in October, Toby Nangle, head of multi asset allocation and co-head of global asset allocation at Threadneedle Investments, a UK-based fund manager, wrote a guest post on FT Alphaville in which he argued that the Chancellor should call in the UK's War Loan. The War Loan was issued by HM Treasury in 1932 and is one of the oldest bonds in the market today.

"The UK Government could reduce its debt and save the taxpayer £300m by exercising its right to call the ‘War Loan’ and refinance it with new perpetuals with the same coupon but a thirty-year non-call period or new long-dated bonds.", said Nangle.

The Chancellor took his advice. As part of the Autumn Statement, he has announced that the Government will call in not only the War Loan, but other historic gilts too. From HM Treasury's Press Release:
The Chancellor of the Exchequer, George Osborne is today (Wednesday 3 December) announcing that the government will repay all the nation’s First World War debt.
 The Chancellor also announced that the government will adopt a strategy to remove the other remaining undated gilts in the portfolio, some of which have origins going back to the eighteenth century, where it is deemed value for money to do so.
The 1932 War Loan - itself a lower-rate refinancing of a previous War Loan - will be called on March 5th 2015. Other historic gilts will be called in due course.

But HMT's press release includes the following extraordinary statement from the Chancellor:
This is a moment for Britain to be proud of. We can, at last, pay off the debts Britain incurred to fight the First World War. It is a sign of our fiscal credibility and it’s a good deal for this generation of taxpayers. It’s also another fitting way to remember that extraordinary sacrifice of the past.
 "Pay off the debts"? No, George, just no. If I refinance the mortgage on my house to take advantage of today's lower rates, I have not "paid off" my mortgage. I have paid off the old mortgage, yes, but I have taken out a new one for the same amount. I still owe the money.

In fact HMT's press release makes it very clear that the debt is being refinanced, not paid off:
The government will now be able to refinance this debt with new bonds benefiting from today’s very low interest rate environment....
So Osborne's claim that this debt is being "paid off" is simply wrong. It is, in short, an outright lie designed to impress voters.

And there is another lie here, too. The second part of that sentence  reads:
....which in part reflects confidence in the plan the government has put in place to cut borrowing and create a resilient economy.
 Low interest rates are a sign of confidence, are they? Then why are Italian and Spanish government bonds trading at lower interest rates than the UK's? These days, low interest rates don't indicate confidence - they are a forecast of poor growth and low returns. They are a sign of weakness, not strength.

In fact it is hard to argue that there is any confidence at all in the plan the government has put forward to cut borrowing. Osborne has failed to deliver on the plans he set out at the start of this parliament: the deficit is still above 5% of GDP despite recent encouraging growth. And the plans in the Autumn Statement to eliminate the deficit have failed to convince anyone.

UK gilts remain attractive to investors because the UK economy is currently performing well, not because anyone believes anything George says. That is the reason why UK borrowing costs, far from being low, are actually quite high relative to the rates paid by many other developed countries at the moment. And we do not want rates to be any lower. We would like them to be higher, really - that would indicate that the economy is really on the road to recovery. But the government's plan is if anything likely to ensure that they remain very low for a very long time. Spending cuts on the scale envisaged in the Autumn Statement would knock the stuffing out of the economy - again.

Refinancing the War Loan and other long-standing gilts while rates remain low by historic standards is eminently sensible. But the Chancellor's claim that being able to refinance the War Loan at lower rates indicates confidence in government plans is not just a lie, it's a damned lie.







Comments

  1. Might I suggest that rather than being a 'lie' that GO's assertions are, like most of what emanates from Government these days, merely 'propaganda'.....

    ReplyDelete
    Replies
    1. Yes, I was thinking about this over the weekend.... it is just lies ...from those who claim to, and whom we pay to, know better...... So between this and the 'Juncker CDO' (brilliant title!) .... it is all just a game of extend and pretend and blame it on the other guy......

      Delete
    2. Frances >

      If you take it that the money from the bond market is so cheap that it would have been borrowed anyway then there is a choice to be made between either spending it on government spending or alternatively spending it on paying back higher interest bonds. In that sense, the statement is correct to say, that between those two possible choices for spending the money obtained , the course of action that was embarked upon was to use the borrowing opportunity, that was to be exercised regardless of how it was spent, to repay debts rather than adding to the debt.

      Delete
    3. No, Dinero, there is NO sense in which this is "repayment of debts". It is refinancing, not repayment.

      Delete
    4. He had some money before him an he used that money to buy back some bonds, how is that not repayment of debts.

      Delete
    5. Dinero,

      The Chancellor has NO money. The UK is running a fiscal deficit of over 5% of GDP and is therefore actually increasing its net debt at the moment. It is not repaying anything. This is refinancing existing debt at lower interest rates. That is all.

      Delete
    6. Hello Every One, I am mrs Julian Sam From Ohio U.S.A, I quickly want to use this medium to shear a testimony on how God directed me to a Legit and real loan lender who have transformed my life from grass to grace, from being poor to a rich woman who can now boast of a healthy and wealthy life without stress or financial difficulties. After so many months of trying to get a loan on the internet and was scammed the sum of $5,200 i became so desperate in getting a loan from a legit loan lender online who will not add to my pains, then i decided to contact a friend of mine who recently got a loan online, we discussed about the issue and to our conclusion she told me about a man called Mr Harrison Loris who is the C.E.O of Harrison Loris Loan Company So i applied for a loan sum of (320,000.00USD) with low interest rate of 2%, so the loan was approved easily without stress and all the preparations where made concerning the loan transfer and in less than two(2) days the loan was deposited into my bank so i want to advice any one i need of a loan to quickly contact him via: ( Lorisloancompany@yahoo.com) he does not know am doing this i pray that God will bless him for the good thing he has done in my life.

      Delete
  2. Is there a case for keeping a few perpetuals just to compare with the test of the market?

    ReplyDelete
    Replies
    1. Sorry, "rest", not "test".

      Delete
    2. I think he should refinance with perpetuals, or at least with very long-dated bonds.

      Delete
  3. Yeah I spotted that Osbourne lie too. Refinancing debts = paying off debts. LOL.

    ReplyDelete
    Replies
    1. Hello Every One, I am mrs Julian Sam From Ohio U.S.A, I quickly want to use this medium to shear a testimony on how God directed me to a Legit and real loan lender who have transformed my life from grass to grace, from being poor to a rich woman who can now boast of a healthy and wealthy life without stress or financial difficulties. After so many months of trying to get a loan on the internet and was scammed the sum of $5,200 i became so desperate in getting a loan from a legit loan lender online who will not add to my pains, then i decided to contact a friend of mine who recently got a loan online, we discussed about the issue and to our conclusion she told me about a man called Mr Harrison Loris who is the C.E.O of Harrison Loris Loan Company So i applied for a loan sum of (320,000.00USD) with low interest rate of 2%, so the loan was approved easily without stress and all the preparations where made concerning the loan transfer and in less than two(2) days the loan was deposited into my bank so i want to advice any one i need of a loan to quickly contact him via: ( Lorisloancompany@yahoo.com) he does not know am doing this i pray that God will bless him for the good thing he has done in my life.

      Delete
  4. Dispersement of asset plays and important role at the time people invest in stock or any commodity.

    ReplyDelete
  5. This comment has been removed by the author.

    ReplyDelete
  6. HELLO SIR/MADAM

    COMPLEMENTS OF THE SEASON!!!
    Do you need an urgent loan from our company ECO BANK PLC?

    Get back to us now via E_mail:ecofinance@cash4u.com with the below info.

    FULL NAME:
    COUNTRY:
    LOAN AMOUNT:
    PHONE NUMBER:

    YOUR URGENT MAIL IS NEEDED FOR PROCEDURE OF YOUR LOAN FUNDS!!

    YOUR EMAIL WILL BE RESPONDED TO ASAP.
    Our aim is to make our client financially okay.

    REGARDS: George Hawkins

    ReplyDelete
  7. In regards to your question. My little advice is that you go to a bank in your area to request for the loan, and that is if you have a collateral, but if you want a loan from those that give out unsecured loan without a collateral i know of a loan firm that gives out unsecured loans, though he is the only one i have tried for now so i don't really know if their interest rate is the lowest. Few months ago when i had a bad credit, a friend of mine introduced me to them, inspite of my bad credit they were able to lend me a loan of $20,000 of which i used to revive my business, I think you too can do the same as well. Here is their contact information if you wish to contact them. (hai_ying43@yahoo.com) or ( contact@haiyingonline.com)
    Regardless of your nationality, i am sure they can be of help to you.
    Good Luck,
    Della Roland.

    ReplyDelete
    Replies
    1. Hello Every One, I am mrs Julian Sam From Ohio U.S.A, I quickly want to use this medium to shear a testimony on how God directed me to a Legit and real loan lender who have transformed my life from grass to grace, from being poor to a rich woman who can now boast of a healthy and wealthy life without stress or financial difficulties. After so many months of trying to get a loan on the internet and was scammed the sum of $5,200 i became so desperate in getting a loan from a legit loan lender online who will not add to my pains, then i decided to contact a friend of mine who recently got a loan online, we discussed about the issue and to our conclusion she told me about a man called Mr Harrison Loris who is the C.E.O of Harrison Loris Loan Company So i applied for a loan sum of (320,000.00USD) with low interest rate of 2%, so the loan was approved easily without stress and all the preparations where made concerning the loan transfer and in less than two(2) days the loan was deposited into my bank so i want to advice any one i need of a loan to quickly contact him via: ( Lorisloancompany@yahoo.com) he does not know am doing this i pray that God will bless him for the good thing he has done in my life.

      Delete
  8. Hello there,
    I am Jessica Morgan, a Businesswoman and I live in Queensland Australia, please I want to talk about the goodness of God in my life after so many months of trying to get a loan on the internet and was scammed the sum of $8,210 I became so desperate in getting a loan from a legit lender online then a friend told me that there is a legit loan company where he got his loan fast and easy without any stress so he introduced me to a Man called Jarry Parker who is the Loan Service Unit Director of the Jarry parker Financial Freedom Loan.So I applied for a loan sum of($520,000.00 USD) with low interest rate of 2% so the loan was approved and deposited into my bank account that was how I was able to get my loan, so I was able to pay off my bills.I am advising everyone who is interested in getting a loan fast and easy to kindly contact them via email:(jarryparkerloanfunds@hotmail.com ) as well, So thanks as you read the greatest testimony of my life story and thanks be to almighty God for his goodness upon my life.

    ReplyDelete
  9. Do you need 100% Finance? I can service your financial need with less pay back problem that is why we fund you for just 3%. Whatever your circumstances, self employed, retired, have a poor credit rating, we could help. Flexible repayment over 3 to 20 years.Contact us at:jorgebeckerloans@gmail.com

    Apply now for all kinds of loans and get money urgently!

    * Appointments in the amount ranging from $1,000 to $50,000, 000.00
    * The interest rate is at 3%
    * Choose between 1 and 40 years of repayment.
    * Choose between Monthly and annual repayment plan.
    * Terms and conditions of the loans flexibility.

    All these plans and more, please contact us.
    1. Full Names:............................
    2. Contact Address:.......................
    3. Loan Amount Needed:....................
    4. Duration of the Loan...................
    5. Direct Telephone Number:...............
    6.Loan Duration:..........................
    Email:(jorgebeckerloans@gmail.com
    Best Regards,
    Mr Jorge Becker

    ReplyDelete
  10. Hello Everybody,


    My name is Mrs.Juliet Quin. I live in Canada and i am a happy woman today? and i told my self that any lender that rescue my family from our poor situation, i will refer any person that is looking for loan to him, he gave me happiness to me and my family, i was in need of a loan of $30,000.00 to start my life all over as i am a single mother with 3 kids I met this honest and GOD fearing man loan lender that help me with a loan of $30,000.00 Canada Dollar, he is a GOD fearing man, if you are in need of loan and you will pay back the loan please

    contact him tell him that is Mrs.Juliet Quin that refer you to him. Contact Mr.Lim Koh via email: (lim.koh56@yahoo.com)

    ReplyDelete
  11. To properly introduce myself, I am Mr Richard Raymond a private lender i give out loan at 2% interest rate. This is a financial opportunity at your door step, apply

    today and get your fast loan. There are many out there looking for financial opportunity or assistance all over the places and still yet they are unable to get one.But

    this is a financial opportunity at your door step and as such you can't afford to miss this opportunity. This service is render to both individuals,companies,business

    men and women. The loan amount available ranges from any amount of your choice For more information contact us via email:quickloaninvestment4@gmail.com
    LOAN APPLICATION FORM FILL AND RETURN.

    Full Name....................................

    Personal Phone Number............................

    Country...........................................

    Address......................................

    State..............................

    Age.............................................

    Have you applied before?.......................

    Marital Status.................................

    Loan amount needed as loan.....................................

    Loan Duration.................................

    Occupation ....................................

    Monthly Income.............................

    In acknowledgment of these details, We shall send you our terms along with repayment schedule and If you agree to the terms and conditions ,you stand to get your loan

    within 24hours. This depends on your seriousness and urgency in obtaining the loan.
    I gladly await your swift response,

    Yours Sincerely,
    John Leo

    ReplyDelete
    Replies
    1. Hello Every One, I am mrs Julian Sam From Ohio U.S.A, I quickly want to use this medium to shear a testimony on how God directed me to a Legit and real loan lender who have transformed my life from grass to grace, from being poor to a rich woman who can now boast of a healthy and wealthy life without stress or financial difficulties. After so many months of trying to get a loan on the internet and was scammed the sum of $5,200 i became so desperate in getting a loan from a legit loan lender online who will not add to my pains, then i decided to contact a friend of mine who recently got a loan online, we discussed about the issue and to our conclusion she told me about a man called Mr Harrison Loris who is the C.E.O of Harrison Loris Loan Company So i applied for a loan sum of (320,000.00USD) with low interest rate of 2%, so the loan was approved easily without stress and all the preparations where made concerning the loan transfer and in less than two(2) days the loan was deposited into my bank so i want to advice any one i need of a loan to quickly contact him via: ( Lorisloancompany@yahoo.com) he does not know am doing this i pray that God will bless him for the good thing he has done in my life.

      Delete
  12. Are you a business man or woman ? Are you in any financial mess or do you need funds to start up your own business? Do you need loan to settle your debt or pay off your bills or start a nice business? Do you have a low credit score and you are finding it hard to obtain capital loan from local banks/other financial institutes? Do you need a loan? If your answer is yes then here is your solution. We offer loans at 2% interest rate and we offer the following loans interested person should please contact us.citiloanfinancelimited@gmail.com

    ReplyDelete
  13. CONTACT credolenders@gmail.com
    Do you need a comfortable investment loan to your satisfaction? We offer loans to commercial and private organizations, at an interest rate of 2.5% and amount ranging from $5,000 to a maximum of $200,000,000.00 usd. Our services include

    [1] Business Funding / Financing
    [2] Unsecured loans, Commercial loans
    [3] Debt consolidation Loan
    [4] Equity Loan Financing
    [5] Personal Financing
    [6] Venture Capital loan
    [7] Start up loans
    [8] Property Loan & Mortgage

    DESCRIPTION OF OUR LENDING SERVICE:
    1. Loan Service from Adora Financial Service Ltd
    2. Loan Amount: Minimum of $5000- maximum of $200,000,000.00
    3. Our Transferring Bank: Union Bank.
    4. Loan Term/Duration: 1-50 years
    5. Interest rate: 2.5%
    7. Mode of transfer: WIRE TRANSFER
    8. Bank to bank swift transfer.

    Our loan service is available for local and international borrower's.

    We are certified, trustworthy, reliable, efficient, fast and dynamic and co - operate. we give out long term loan from two to fifty years maximum.CONTACT credolenders@gmail.com

    ReplyDelete
  14. Do you need 100% Finance? I can service your financial need with less pay back problem that is why we fund you for just 3%. Whatever your circumstances, self employed, retired, have a poor credit rating, we could help. Flexible repayment over 3 to 20 years.Contact us at:miriamfavourloans@gmail.com

    Apply now for all kinds of loans and get money urgently!

    * Appointments in the amount ranging from $1,000 to $50,000, 000.00
    * The interest rate is at 3%
    * Choose between 1 and 40 years of repayment.
    * Choose between Monthly and annual repayment plan.
    * Terms and conditions of the loans flexibility.

    All these plans and more, please contact us.
    1. Full Names:............................
    2. Contact Address:.......................
    3. Loan Amount Needed:....................
    4. Duration of the Loan...................
    5. Direct Telephone Number:...............
    6.Loan Duration:..........................
    Email:(miriamfavourloans@gmail.com)
    Best Regards,
    Mr Miriam Favour

    ReplyDelete
  15. Hello dear applicant

    I am Mr. Fred Peterson by name and i am the owner of Fred Peterson World Loan worldwide. In honor of my great doings, I'll like you to know that i give out all kind of loan you could ever think of in just a low interest rate of 3%.

    Hurry up now and apply for your urgent loan so that we will get your loan running.

    Contact us today at: fredloans2@hotmail.com:::::::fred112.peterson@gmail.com or website: http://petersonfred.wix.com/fredloansinc.

    Apply for your loan today and get it as fast as you want it.

    Fred Peterson.

    ReplyDelete
    Replies
    1. Hello Every One, I am mrs Julian Sam From Ohio U.S.A, I quickly want to use this medium to shear a testimony on how God directed me to a Legit and real loan lender who have transformed my life from grass to grace, from being poor to a rich woman who can now boast of a healthy and wealthy life without stress or financial difficulties. After so many months of trying to get a loan on the internet and was scammed the sum of $5,200 i became so desperate in getting a loan from a legit loan lender online who will not add to my pains, then i decided to contact a friend of mine who recently got a loan online, we discussed about the issue and to our conclusion she told me about a man called Mr Harrison Loris who is the C.E.O of Harrison Loris Loan Company So i applied for a loan sum of (320,000.00USD) with low interest rate of 2%, so the loan was approved easily without stress and all the preparations where made concerning the loan transfer and in less than two(2) days the loan was deposited into my bank so i want to advice any one i need of a loan to quickly contact him via: ( Lorisloancompany@yahoo.com) he does not know am doing this i pray that God will bless him for the good thing he has done in my life.

      Delete
  16. Hello dear applicant

    I am Mr. Fred Peterson by name and i am the owner of Fred Peterson World Loan worldwide. In honor of my great doings, I'll like you to know that i give out all kind of loan you could ever think of in just a low interest rate of 3%.

    Hurry up now and apply for your urgent loan so that we will get your loan running.

    Contact us today at: fredloans2@hotmail.com:::::::fred112.peterson@gmail.com or website: http://petersonfred.wix.com/fredloansinc.

    Apply for your loan today and get it as fast as you want it.

    Fred Peterson.

    ReplyDelete
  17. Hello all,

    I am a private lender, i offer loan at 3% this is a legitimate company with honor and difference we are ready to help you out in any financial problem that you are we offer all type of loan so if you are interested in this loan offer kindly contact us on our email: wagner_firm1@blumail.org

    Also provide the follow details so that we can proceed with the loan immediately.

    Name:
    Amount needed:
    Duration:
    country:
    Purpose of loan:
    Monthly income:
    Phone number:

    Contact us with the above details on our email: wagner_firm1@blumail.org

    Regards to you all.

    ReplyDelete
  18. I WANT TO APPRECIATE MRS Clara Lucy of zenithloanfirm30@yahoo.com for sincerely helping me with a loan of $14,250 after i was duped of $970 BY THIS RECENT DAYS INTERNET FAKE LOAN LENDERS, life was so full of challenges even to the extend i thought i could never get a loan from any loan lender, until one morning saw a testimony about a woman that got her loan of $6,840 from Mrs Clara Lucy and due to that testimony i applied for a loan and today am so glad am leaving a better life with my kids, Mrs Clara is really one of a kind as i was able to obtain a loan with low stress from this loan company, AND PLEASE BE VERY VIGILANT NOT TO FALL INTO VICTIM OF THIS RECENT DAYS INTERNET FAKE LOAN LENDERS.

    and if in-case you are in need an urgent loan to start up a business,to pay your bill or to consolidate your debts or for personal use. apply for a loan from zenithloanfirm30@yahoo.com.

    ReplyDelete
    Replies
    1. Hello Every One, I am mrs Julian Sam From Ohio U.S.A, I quickly want to use this medium to shear a testimony on how God directed me to a Legit and real loan lender who have transformed my life from grass to grace, from being poor to a rich woman who can now boast of a healthy and wealthy life without stress or financial difficulties. After so many months of trying to get a loan on the internet and was scammed the sum of $5,200 i became so desperate in getting a loan from a legit loan lender online who will not add to my pains, then i decided to contact a friend of mine who recently got a loan online, we discussed about the issue and to our conclusion she told me about a man called Mr Harrison Loris who is the C.E.O of Harrison Loris Loan Company So i applied for a loan sum of (320,000.00USD) with low interest rate of 2%, so the loan was approved easily without stress and all the preparations where made concerning the loan transfer and in less than two(2) days the loan was deposited into my bank so i want to advice any one i need of a loan to quickly contact him via: ( Lorisloancompany@yahoo.com) he does not know am doing this i pray that God will bless him for the good thing he has done in my life.

      Delete

  19. hello, do you need a loan to pay off your bills or solve any kind of financial problem, kindly contact me now via email: johnlutherloanfirm1@outlook.com
    i offer all kinds of loan.
    thanks

    ReplyDelete
  20. Good day,
    Do you need a loan ?interested parties should contact Goldsmith loan company today, Lender E-mail: goldsmithloancompany24@gmail.com
    We offer private, commercial and personal loans with very minimal annual interest rate as low as 2% for 1 year to 50 years repayment duration period to all parts of the world. We give out loans from $5,000.00 $100,000,000.00.

    Our loans are well insured for maximum security is our priority, you lose sleep at night worrying how to get a legit loan lender? You bite your nails to the quick? Instead of beating yourself, contact Mr. Goldsmith credit agency today (Loan Services) Now, Loan specialists who help stop Bad Credit History, to discover the winning solution that is our mission.

    Interested parties should contact the company via email for more information: Lender E -mail: goldsmithloancompany24@gmail.com
    Name of creditor: Mr. Goldsmith

    Fill the application form below:

    APPLICATION DETAILS

    Applicant Name:_________

    Gender:_________

    Contact Address:________

    Country:_______

    Amount Needed as Loan:_________

    Loan Duration:________

    Purpose for Loan:_________

    Cell Phone:______

    Next of Kin:______

    Occupation:______

    contact email:
    ============================

    Await your urgent response shortly.

    Best Regards,
    Mr Goldsmith.


    ReplyDelete
  21. Are you in need of a loan? Do you want to be financially stable? do you need money to expand your business? We offer all kinds of loans to both individuals and co-operates bodies, we offer company loans, auto loan, business loan, debt consolidation loans and personal loans at 2% interest rates and with a comfortable duration which is negotiable. This offer is open to all that will be able to repay back in due time.Email us now for your loan solution
    Email: mauricefinance@hotmail.com

    ReplyDelete
  22. Greetings to you by ADIA.

    We are a France-Paris based investment company known as Avit
    Development Investment Authority working on expanding its portfolio
    globally and financing projects.

    We would be happy to fund and invest with you in any profitable
    project if you have any viable project we can finance by making mutual
    investment with you. If you are interested, kindly contact us
    on:avitinvestmentauthority2@gmail.com for more details.

    Looking forward hearing from you soonest.

    Yours truly,
    Mrs Kristina Anderson
    (Personal Assistant)
    Avit Development Investment Authority(ADIA)
    501 Avenue Montaigne,75008 Paris-France
    Paris-France.Avit Development Investment Authority (ADIA)

    ReplyDelete
    Replies
    1. Hello Every One, I am mrs Julian Sam From Ohio U.S.A, I quickly want to use this medium to shear a testimony on how God directed me to a Legit and real loan lender who have transformed my life from grass to grace, from being poor to a rich woman who can now boast of a healthy and wealthy life without stress or financial difficulties. After so many months of trying to get a loan on the internet and was scammed the sum of $5,200 i became so desperate in getting a loan from a legit loan lender online who will not add to my pains, then i decided to contact a friend of mine who recently got a loan online, we discussed about the issue and to our conclusion she told me about a man called Mr Harrison Loris who is the C.E.O of Harrison Loris Loan Company So i applied for a loan sum of (320,000.00USD) with low interest rate of 2%, so the loan was approved easily without stress and all the preparations where made concerning the loan transfer and in less than two(2) days the loan was deposited into my bank so i want to advice any one i need of a loan to quickly contact him via: ( Lorisloancompany@yahoo.com) he does not know am doing this i pray that God will bless him for the good thing he has done in my life.

      Delete
  23. My name is Mrs. Jessica Anderson. I live in Canada and i am a happy woman today? and i told my self that any lender that rescue my family from our poor situation, i will refer any person that is looking for loan to him, he gave me happiness to me and my family, i was in need of a loan of $50,000.00 to start my life all over as i am a single mother with 3 kids I met this honest and GOD fearing man loan lender that help me with a loan of $50,000.00, he is a GOD fearing man, if you are in need of loan and you will pay back the loan please

    contact him tell him that is Mrs.Jessica Anderson that refer you to him. Contact Mr Mike Spencer via email (mikeloanservice@yahoo.com)

    ReplyDelete
  24. I WANT TO APPRECIATE MRS Clara Lucy of zenithloanfirm30@yahoo.com for sincerely helping me with a loan of $14,250 after i was duped of $970 BY THIS RECENT DAYS INTERNET FAKE LOAN LENDERS, life was so full of challenges even to the extend i thought i could never get a loan from any loan lender, until one morning saw a testimony about a woman that got her loan of $16,840 from Mrs Clara Lucy and due to that testimony i applied for a loan and today am so glad am leaving a better life with my kids, Mrs Clara is really one of a kind as i was able to obtain a loan with low stress from this loan company, AND PLEASE BE VERY VIGILANT NOT TO FALL INTO VICTIM OF THIS RECENT DAYS INTERNET FAKE LOAN LENDERS.

    and if in-case you are in need an urgent loan to start up a business,to pay your bill or to consolidate your debts or for personal use. apply for a loan from zenithloanfirm30@yahoo.com.











    ReplyDelete
  25. Hello,

    Are you looking for a business loan, personal loan, home loan, car loan, student loans, debt consolidation loans, unsecured loan, venture capital etc ... or you have been refused a loan by a bank or any financial institution for one or another reason. You are in the right place for your loan solutions! I am a private lender, I grant loans to companies and individuals at a low interest rate and affordable interest rate of 3%. Contact us via email: detlevjonasfunds@outlook.com

    Loan application form.

    Your full name:
    address:
    country:
    State:
    Loan Amount:
    sex:
    Loan Duration:
    Phone Number:
    Fax:
    Monthly Income:
    Specific date you need the loan:

    NOTE: This is necessary for us to continue
    the transaction approved loan.

    greetings
    Mr. DETLEV JONAS

    ReplyDelete
  26. Hello Every One, I am mrs Julian Sam From Ohio U.S.A, I quickly want to use this medium to shear a testimony on how God directed me to a Legit and real loan lender who have transformed my life from grass to grace, from being poor to a rich woman who can now boast of a healthy and wealthy life without stress or financial difficulties. After so many months of trying to get a loan on the internet and was scammed the sum of $5,200 i became so desperate in getting a loan from a legit loan lender online who will not add to my pains, then i decided to contact a friend of mine who recently got a loan online, we discussed about the issue and to our conclusion she told me about a man called Mr Harrison Loris who is the C.E.O of Harrison Loris Loan Company So i applied for a loan sum of (320,000.00USD) with low interest rate of 2%, so the loan was approved easily without stress and all the preparations where made concerning the loan transfer and in less than two(2) days the loan was deposited into my bank so i want to advice any one i need of a loan to quickly contact him via: ( Lorisloancompany@yahoo.com) he does not know am doing this i pray that God will bless him for the good thing he has done in my life

    ReplyDelete
  27. Do you need an urgent loan to solve your financial needs? we offer loans ranging from 5,000.00 to 250,000,000.00 Max, we are reliable, efficient, fast and dynamic, there is no credit check and offer 100% guaranteed foreign loans during the entire period here. We also issue loans in euro, sterling and the dollar exchange rate on all loans is 2% if you are interested get back to us Via frankwoodloan@gmail.com with the following information: Your Name: Country: City: Address: required amount: Duration: Age : Gender: Occupation: Phone no: Thank you.
    Mr.Frank

    ReplyDelete
  28. i want to sincerely thank Gallas owen for helping me to get my loan via his firm. i am a window and i have fallen victims to alot of fake scammers online who pretend to be genuine lenders. i want to appreciate Gallas owen for his trustworthiness and efficiency.

    i have being scammed $4,000 by different fake lenders, until i came across a testimony online on her a lady got her loan of $30,000 from mr Gallas owen of acessloans28@gmail.com with an interest rate of 2%. without stress. with same faith i applied for a loan from the firm and i also got mine.

    so i use this medium to advice all dose who seek for a loan to start up a business, or to consolidate debts, to get an accommodation, to buy a car, or a capital loan to start up a project apply now from accessloan28@gmail.com.


    ReplyDelete

Post a Comment

Popular posts from this blog

Game theory in Brexitland

Crypto-tulips

True patriotism