Amazon Lending

[stephdab88]

Anybody in here successfully using Amazon lending on a stealth account? I got a nice offer that might be worth looking into. Only information I'm seeing on here is over 7-8 years old. From what I seen on youtube most people are getting approved and funded in a few minutes so I doubt there is any real check.

[rsot]

I haven't tried it but what's the % rate of interest? And funding for a stealth account...feels like the ID info needed might be very detailed...

[stephdab88]

9% but comes out to like 3% and some change since you pay it back monthly. Really only worry I have is the 1 guy on here saying his account got instantly deactivated on the 2nd loan with stealth but he was a new member so idk how much weight I should put into his statement. And that post is was super old

[SaiJin]

I'd be very careful about loans... why do you need it and what are you planning to do?
There's usually more than 1 way to accomplish the same goal

[blanksie]

Originally Posted by stephdab88

Anybody in here successfully using Amazon lending on a stealth account? I got a nice offer that might be worth looking into. Only information I'm seeing on here is over 7-8 years old. From what I seen on youtube most people are getting approved and funded in a few minutes so I doubt there is any real check.

I've used the eB PayPal Working Capital and Lending Point Loans. eB suspended me last year and now filing for bankruptcy. Was not stealthing, using real name. If you're stealthing and taking loans, would talk to lawyer to see if you're at risk of wire fraud if SHTF.

Would recommend anyone taking business loans or using credit cards to fund your business to do so under LLC or S Corp. That way your personal assets are not at risk. Do not use sole proprietorship and EIN.

[rsot]

Originally Posted by pxxlsisk

I don't think they personally check, most likely bots are doing it all.

Likely so - using info that is with the Credit bureau

[Rellik3600]

Any updates on anyone successfully receiving loans from Amazon?

[agent006140]

These days,they do credit check with credit bureau online,it does not take long.
Yes,they do DO credit check

[degsey69]

Amazon used to use their own funds but now a commercial lender is used and they get commission, before they relied on your turnover and account status now its a credit report required for the commercial lender.

[Rellik3600]

Glad I came here first! The account is under a random name that I created an LLC with ex. Paul Smith and Paul Smith LLC. If they were to try to do a credit check with the details on the account that might definitely cause a huge problem.

[rsot]

Originally Posted by Rellik3600

Glad I came here first! The account is under a random name that I created an LLC with ex. Paul Smith and Paul Smith LLC. If they were to try to do a credit check with the details on the account that might definitely cause a huge problem.

smart move indeed