What kind of investments is this? How do I start investing like this?
November 11th, 2008 | by admin |deftonehead778 asked:
A friend of mine was describing how he makes money doing investments a certain way. He said that he put some money in some account or something, and people will go somewhere and apply for some sort of loan. The financial place calls him up and tells him who is applying and what they are applying for and all that. He makes the decision on whether or not the loan should go through or not. He said that financial institution tells him how much of a risk the applicant is.
A friend of mine was describing how he makes money doing investments a certain way. He said that he put some money in some account or something, and people will go somewhere and apply for some sort of loan. The financial place calls him up and tells him who is applying and what they are applying for and all that. He makes the decision on whether or not the loan should go through or not. He said that financial institution tells him how much of a risk the applicant is.
What kind of investing is this, and how would someone start doing that? What companies do I look for and so on.
One Response to “What kind of investments is this? How do I start investing like this?”
By CT on Nov 12, 2008 | Reply
Sounds like a loan officer at a bank.