Originally Posted by
nab76
If I am understanding this it didn't actually work out to be a "typical" bad loan. Yes, it was a stupid way to do it but all of the points dan is owed are in the loan shark right? Again Yes he ignorantly loaned him 2800 in the market, but that amount was added as interest to the 4k loan that dan gave Flip in the shark. So it worked out like this dan7714 loan Flip_Toss 4000 in the loan shark and charged 3600 as interest(2800 from th market loan and 800 as interest on the 4k) . Since he added the 2800 from the market to the interest for the loan shark he will be able to get the full amount back when he debt collects right? If the guy had 10k in his account why didn't you debt collect right then and there?