Do I need a license to borrow people's money that they put into an online profile that they can withdraw at anytime?
>>1069899
Sounds like you have something going on... I'll help.
>Some questions are better left unasked.
>>1069899
Yes and it requires huge amounts of paperwork and responsibility.
Even if you do fulfill it all good luck not getting in trouble for money laundering.
>>1069915
See? You shouldn't have asked until after you took a profit...
Live and learn
>>1069915
>Hey friend, can I borrow $ 10 to buy some lunch? I can pay you back anytime after this afternoon and give you an extra dollar
>requires huge amounts of paperwork
>>1069899
dgb
>>1069899
do now, ask later anon. c'mon!
sounds decent. how would you get people to want to put money into an online profile to withdrawal at any time? I understand you can profit from the float that youd accumulate, however i just cant see why joe schmoe would want to put money into that vs a normal bank or credit union.
