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**sharonsopinion** · 07-20-2007, 03:18 AM

Hi Picard,

I think that your calculation for the new PLP is flawed. Although you earn interest of 25% every 2 months, you can not use it to re-loan or start a new loan until 4 months. So, if you're planning to re-loan everything, then it should be the same calculation as the old PLP, except that the rate is 50%, instead of 66%.

However, if you plan to withdraw 50% of the profits, then you can do it at the 2 month mark. Then you would re-loan everything else at the 4 month mark, withdraw 2 months later, re-loan 2 months after that, and so on.

I hope this helps!

JMO,
Sharon

P.S. I used to be in the note buying/selling business, too. LOL

07-20-2007, 03:18 AM	#140 (permalink)
sharonsopinion Queen Maid, Flushing BS Join Date: Feb 2007 Location: USA Posts: 444 My Mood: Portfolio: PIDA, Life Holdings, EarnByLoaning and a few leftovers from a previous strategy. Fav Ecurrency: Paypal Thanks: 135 Thanked 93 Times in 61 Posts	Re: earnbyloaning.com Hi Picard, I think that your calculation for the new PLP is flawed. Although you earn interest of 25% every 2 months, you can not use it to re-loan or start a new loan until 4 months. So, if you're planning to re-loan everything, then it should be the same calculation as the old PLP, except that the rate is 50%, instead of 66%. However, if you plan to withdraw 50% of the profits, then you can do it at the 2 month mark. Then you would re-loan everything else at the 4 month mark, withdraw 2 months later, re-loan 2 months after that, and so on. I hope this helps! JMO, Sharon P.S. I used to be in the note buying/selling business, too. LOL __________________ To view links or images in signatures your post count must be 10 or greater. You currently have 0 posts. Good Behavior = Good Results; Bad Behavior = Bad Results!