wwsnforums.com

[Phoenix]

This is a new program. I am 99.999' % certain that it is a scam. The program owners keep changing the main site URL, in order to keep it private, haha.

You have to join the main site first, before you can join the forum. You can view the public part of the forum, and post as a guest.

http://earnbyloaning.info/SMF/

[Abe]

It certainly looks like they could be since they are trying to stay under the radar like Legis and CEP did by claiming to be private. Here is what I found so far, owners and main players met in an autosurf scam. That alone should tell you something about this scheme.

Keep in mind the legal information I have posted before about regulations regarding Private Placement Programs in the US and this one definitely is in the US.

Here is the rest of the story.

http://earnbyloaning.info/

IP Address: 69.50.218.81
IP Location - Texas - Houston - Atjeu Publishing Llc


Whois Record
Domain ID:D12021490-LRMS
Domain Name:EARNBYLOANING.INFO
Created On:04-Feb-2006 18:31:41 UTC
Last Updated On:13-Aug-2007 18:25:48 UTC
Expiration Date:04-Feb-2017 18:31:41 UTC
Sponsoring Registrar:GoDaddy.com Inc. (R171-LRMS)
Status:CLIENT DELETE PROHIBITED
Status:CLIENT RENEW PROHIBITED
Status:CLIENT TRANSFER PROHIBITED
Status:CLIENT UPDATE PROHIBITED
Registrant ID:GODA-031985501
Registrant Name:Craig Jolly
Registrant Organization:Quest Holdings Inc.
Registrant Street1:8 west 29th
Registrant Street2:
Registrant Street3:
Registrant City:Spokane
Registrant State/Province:Washington
Registrant Postal Code:99203
Registrant Country:US
Registrant Phone:+1.15093625089
Registrant Phone Ext.:
Registrant FAX:+1.17022162993
Registrant FAX Ext.:
Registrant Email:
Admin ID:GODA-231985501
Admin Name:Craig Jolly
Admin Organization:Quest Holdings Inc.
Admin Street1:8 west 29th
Admin Street2:
Admin Street3:
Admin City:Spokane
Admin State/Province:Washington
Admin Postal Code:99203
Admin Country:US
Admin Phone:+1.15093625089
Admin Phone Ext.:
Admin FAX:+1.17022162993
Admin FAX Ext.:
Admin Email:
Billing ID:GODA-331985501
Billing Name:Craig Jolly
Billing Organization:Quest Holdings Inc.
Billing Street1:8 west 29th
Billing Street2:
Billing Street3:
Billing City:Spokane
Billing State/Province:Washington
Billing Postal Code:99203
Billing Country:US
Billing Phone:+1.15093625089
Billing Phone Ext.:
Billing FAX:+1.17022162993
Billing FAX Ext.:
Billing Email:
Tech ID:GODA-131985501
Tech Name:Craig Jolly
Tech Organization:Quest Holdings Inc.
Tech Street1:8 west 29th
Tech Street2:
Tech Street3:
Tech City:Spokane
Tech State/Province:Washington
Tech Postal Code:99203
Tech Country:US
Tech Phone:+1.15093625089
Tech Phone Ext.:
Tech FAX:+1.17022162993
Tech FAX Ext.:
Tech Email:
Name Server:NS1.EARNBYLOANING.INFO
Name Server:NS2.EARNBYLOANING.INFO
Name Server:
Name Server:
Name Server:
Name Server:
Name Server:
Name Server:
Name Server:
Name Server:
Name Server:
Name Server:
Name Server:

http://earnbyloaning.com

IP Address: 69.50.218.84
IP Location - Texas - Houston - Atjeu Publishing Llc


Whois Record
Registrant:
Power Marketing Group LLC
4th Floor
Beaver dam, Wisconsin 53916
United States
Registered through: OrderYourName
Domain Name: EARNBYLOANING.COM
Created on: 04-Feb-06
Expires on: 04-Feb-17
Last Updated on: 20-Aug-07

Administrative Contact:
Miller sr, Kerry
Power Marketing Group LLC
4th Floor
Beaver dam, Wisconsin 53916
United States
9203828994 Fax --

Technical Contact:
Miller sr, Kerry
Power Marketing Group LLC
4th Floor
Beaver dam, Wisconsin 53916
United States
9203828994 Fax --

Domain servers in listed order:
NS1.HANDSFREEBIZ.COM
NS2.HANDSFREEBIZ.COM

http://earnbyloaning.net

IP Address: 69.50.215.90
IP Location - Texas - Houston - Atjeu Publishing Llc


Whois Record
Registrant:
Domains by Proxy, Inc.
DomainsByProxy.com
15111 N. Hayden Rd., Ste 160, PMB 353
Scottsdale, Arizona 85260
United States

Registered through: GoDaddy.com, Inc. (http://www.godaddy.com)
Domain Name: EARNBYLOANING.NET
Created on: 28-Jun-07
Expires on: 28-Jun-09
Last Updated on: 22-Aug-07

Administrative Contact:
Private, Registration
Domains by Proxy, Inc.
DomainsByProxy.com
15111 N. Hayden Rd., Ste 160, PMB 353
Scottsdale, Arizona 85260
United States
(480) 624-2599 Fax -- (480) 624-2599

Technical Contact:
Private, Registration
Domains by Proxy, Inc.
DomainsByProxy.com
15111 N. Hayden Rd., Ste 160, PMB 353
Scottsdale, Arizona 85260
United States
(480) 624-2599 Fax -- (480) 624-2599

Domain servers in listed order:
NS1.EARNBYLOANING.INFO
NS2.EARNBYLOANING.INFO

http://earnbyloaning.biz

IP Address: 68.178.254.225
IP Location - Arizona - Scottsdale - Godaddy.com Inc


Whois Record
Domain Name: EARNBYLOANING.BIZ
Domain ID: D18850771-BIZ
Sponsoring Registrar: GODADDY.COM, INC.
Sponsoring Registrar IANA ID: 146
Domain Status: clientDeleteProhibited
Domain Status: clientRenewProhibited
Domain Status: clientTransferProhibited
Domain Status: clientUpdateProhibited
Registrant ID: GODA-034262005
Registrant Name: Registration Private
Registrant Organization: Domains by Proxy, Inc.
Registrant Address1: DomainsByProxy.com
Registrant Address2: 15111 N. Hayden Rd., Ste 160, PMB
353
Registrant City: Scottsdale
Registrant State/Province: Arizona
Registrant Postal Code: 85260
Registrant Country: United States
Registrant Country Code: US
Registrant Phone Number: +1.4806242599
Registrant Facsimile Number: +1.4806242599
Registrant Email:

Administrative Contact ID: GODA-234262005
Administrative Contact Name: Registration Private
Administrative Contact Organization: Domains by Proxy, Inc.
Administrative Contact Address1: DomainsByProxy.com
Administrative Contact Address2: 15111 N. Hayden Rd., Ste 160, PMB
353
Administrative Contact City: Scottsdale
Administrative Contact State/Province: Arizona
Administrative Contact Postal Code: 85260
Administrative Contact Country: United States
Administrative Contact Country Code: US
Administrative Contact Phone Number: +1.4806242599
Administrative Contact Facsimile Number: +1.4806242599
Administrative Contact Email:

Billing Contact ID: GODA-334262005
Billing Contact Name: Registration Private
Billing Contact Organization: Domains by Proxy, Inc.
Billing Contact Address1: DomainsByProxy.com
Billing Contact Address2: 15111 N. Hayden Rd., Ste 160, PMB
353
Billing Contact City: Scottsdale
Billing Contact State/Province: Arizona
Billing Contact Postal Code: 85260
Billing Contact Country: United States
Billing Contact Country Code: US
Billing Contact Phone Number: +1.4806242599
Billing Contact Facsimile Number: +1.4806242599
Billing Contact Email:

Technical Contact ID: GODA-134262005
Technical Contact Name: Registration Private
Technical Contact Organization: Domains by Proxy, Inc.
Technical Contact Address1: DomainsByProxy.com
Technical Contact Address2: 15111 N. Hayden Rd., Ste 160, PMB
353
Technical Contact City: Scottsdale
Technical Contact State/Province: Arizona
Technical Contact Postal Code: 85260
Technical Contact Country: United States
Technical Contact Country Code: US
Technical Contact Phone Number: +1.4806242599
Technical Contact Facsimile Number: +1.4806242599
Technical Contact Email:

Name Server: NS55.DOMAINCONTROL.COM
Name Server: NS56.DOMAINCONTROL.COM
Created by Registrar: GODADDY.COM, INC.
Last Updated by Registrar: GODADDY.COM, INC.
Domain Registration Date: Thu Jun 28 05:18:25 GMT 2007
Domain Expiration Date: Sat Jun 27 23:59:59 GMT 2009
Domain Last Updated Date: Thu Jun 28 05:18:28 GMT 2007

http://earnbyloaning.us

IP Address: 69.50.218.86
IP Location - Texas - Houston - Atjeu Publishing Llc

Whois Record
Domain Name: EARNBYLOANING.US
Domain ID: D13000524-US
Sponsoring Registrar: GODADDY.COM, INC.
Sponsoring Registrar IANA ID: 146
Domain Status: clientDeleteProhibited
Domain Status: clientRenewProhibited
Domain Status: clientTransferProhibited
Domain Status: clientUpdateProhibited
Registrant ID: GODA-034262002
Registrant Name: Kerry Miller,sr.
Registrant Organization: Power Marketing Group
Registrant Address1: 921 S Spring st
Registrant City: Beaver dam
Registrant State/Province: Wisconsin
Registrant Postal Code: 53916
Registrant Country: United States
Registrant Country Code: US
Registrant Phone Number: +1.9203828994
Registrant Email:
Registrant Application Purpose: P1
Registrant Nexus Category: C21
Administrative Contact ID: GODA-234262002
Administrative Contact Name: Kerry Miller,sr.
Administrative Contact Organization: Power Marketing Group
Administrative Contact Address1: 921 S Spring st
Administrative Contact City: Beaver dam
Administrative Contact State/Province: Wisconsin
Administrative Contact Postal Code: 53916
Administrative Contact Country: United States
Administrative Contact Country Code: US
Administrative Contact Phone Number: +1.9203828994
Administrative Contact Email:
Administrative Application Purpose: P1
Administrative Nexus Category: C21
Billing Contact ID: GODA-334262002
Billing Contact Name: Kerry Miller,sr.
Billing Contact Organization: Power Marketing Group
Billing Contact Address1: 921 S Spring st
Billing Contact City: Beaver dam
Billing Contact State/Province: Wisconsin
Billing Contact Postal Code: 53916
Billing Contact Country: United States
Billing Contact Country Code: US
Billing Contact Phone Number: +1.9203828994
Billing Contact Email:
Billing Application Purpose: P1
Billing Nexus Category: C21
Technical Contact ID: GODA-134262002
Technical Contact Name: Kerry Miller,sr.
Technical Contact Organization: Power Marketing Group
Technical Contact Address1: 921 S Spring st
Technical Contact City: Beaver dam
Technical Contact State/Province: Wisconsin
Technical Contact Postal Code: 53916
Technical Contact Country: United States
Technical Contact Country Code: US
Technical Contact Phone Number: +1.9203828994
Technical Contact Email:
Technical Application Purpose: P1
Technical Nexus Category: C21
Name Server: NS1.EARNBYLOANING.INFO
Name Server: NS2.EARNBYLOANING.INFO
Created by Registrar: GODADDY.COM, INC.
Last Updated by Registrar: GODADDY.COM, INC.
Domain Registration Date: Thu Jun 28 05:18:23 GMT 2007
Domain Expiration Date: Sat Jun 27 23:59:59 GMT 2009
Domain Last Updated Date: Thu Aug 23 15:02:40 GMT 2007

Quest Holdings Inc.
See bold above

http://questholdings.com
No Website

Corporations

Search Results
Your search for businesses starting with ""Quest Holdings Inc."" did not return any results.

Disclaimer
Information in the Secretary of State's Online Corporations Database is updated Monday through Friday by 5:00 a.m. Pacific Standard Time (state holidays excluded). Neither the State of Washington nor any agency, officer, or employee of the State of Washington warrants the accuracy, reliability, or timeliness of any information in the Public Access System and shall not be liable for any losses caused by such reliance on the accuracy, reliability, or timeliness of such information. While every effort is made to ensure the accuracy of this information, portions may be incorrect or not current. Any person or entity who relies on information obtained from the System does so at his or her own risk.

Power Marketing Group LLC
See bold above

http://powermarketinggroup.com
No website

Corporate Records 2 records for Power Marketing Group LLC. (2.13 s, at 9/16/2007 1:46 PM )

ID Entity Name /
Type Registered
Effective Date Status /
Status Date
P039767 POWER MARKETING GROUP LLC
12 - Domestic Limited Liability Company 05/14/2002 Delinquent
04/01/2005
P045784 POWERHOUSE MARKETING GROUP, LLC
12 - Domestic Limited Liability Company 06/14/2005 Organized
06/14/2005
_________________
Yes all HYIPS are SCAMS. Click Here and watch this. http://www.bornagainamerican.org/

[Phoenix]

When asked if they are registered or licensed,they spout the usual scammer's rubbish.

[Ekid]

[Ekid]

Easy come..easy go, as this person found out

[Ekid]

If its promoted on TalkGold..that pretty much puts it into the Scam Category.

[Ekid]

[Ekid]

Now...you just KNOW that these sort of people have really Got It Together...they KNOW what is a GOOD investment ..and what isnt.

Just the sort of insight that will let them make remarkable returns..which they will Pass Onto YOU !

[Ekid]

[Ekid]

[Ekid]

Craig's main focus is on the financial aspect of using his years of experience in the business world to create the returns needed to make all payments for loans that become due.

This was the Dumbo who was investing in an Autosurf program that looked promising

Kerry's main focus is administering the functionality of the website, support and its overall online presence.

Yet hasnt the brains to invest in good ddos protection thus keeping the site functional

Troy's main focus has been to work along side Kerry with support issues and the EBL forum.

Hell if the site is down this guy gets a holiday..on YOUR money

[Ekid]

Getting more legal ...what an interesting turn of phrase.

Getting more legal means to me..they are moving towards legality..which means they are NOT legal as yet.

Its like a female saying she is only a little bit pregnant.

[Abe]

Here is some more mombo jumbo from the sheep pimping this totally illegal scheme. But don't blame Brian & Jason they can't tell as long as their high chair is cushioned by a fat wallet.

Here is where to start filing complaints asap since they are incorporated in Nevada.

EarnByLoaning.com Information & Due Diligence
update: 9/1/2007

This site is being updated regularly, so check back for updates. If there is additional information that you want to see, please e-mail me. If you follow any of the external links, be sure to clear your cache and cookies before using our referral link if you want the rebate.

What is EarnByLoaning (referred to as EBL throughout this site)?
Corporate Documentation
Website Registration
Third Party Due Diligence
PayPal
Pensco
Personal Meeting with Quest President Craig Jolly June 23-25, 2007
Public interviews with Quest President Craig Jolly
audio version
written version
Admin credibility & responsiveness
Longevity / Stability
Transaction Legality
contract
1099
SEC Requirements
Public Forum References
How EBL rates with respect to my participation rules
EBL forum
1. What is EBL? - It is simply a loan program where members loan money to Quest Holdings in at an attractive interest rate. These loans are unsecured in that they are not backed by any collateral or assets, however lenders do enter into a legally binding agreement which Quest is legally obligated to fullfill. EBL has been around since February 2006.

EBL is currently in the process of building a new website to accomodate the growth that they have experienced over the last several months. The new site is scheduled to be up an running by October 1 (2007).

As of July 17, 2007, they currently have three 120-day loan programs which will be available until the new site is up. These three programs are as follows:

Plan minimum loan amount (USD) maximum loan amount (USD) period interest term (days)
1 100 500 40% 120
2 501 1,000 45% 120
3 1,001 10,000 50% 120

For these programs, principal and interest are paid at the end of term. In addition, lenders have the option to withdraw half of the interest due after 60 days. If this is done, principal and the other half of the interest due will be paid out at the end of term.

Loan funding can be done by check, money order, bank wire and PayPal (direct transfer, not credit card). Interest and principal are repaid by the same mean as was done for funding the loan. There is also an exchange facility that allow members to convert one type of funds into another.

This section will be revised when the new site is up and the new programs are available.

2. Corporate Documentation - The first thing to understand is that EBL is the website presence for Quest Holdings, Inc. Quest is a U.S. based corporation registered in Nevada and headquartered in Spokane WA. Mr. Craig Jolly (refered to as CJ elsewhere on this site) is the president of EBL.

Incoporation documentation: Nevada Secretary of State filing for Quest Holdings, Inc

QUEST HOLDINGS, INC.

Business Entity Information

Status: Active on 5/15/2007 File Date: 2/9/2006 8:30:48 AM
Type: Domestic Corporation Corp Number: E0090352006-9
Qualifying State: NV List of Officers Due: 2/29/2008
Managed By: Expiration Date:


Resident Agent Information

Name: SPIEGEL AND UTRERA, P.A. Address 1: 1785 EAST SAHARA AVE., SUITE 490
Address 2: City: LAS VEGAS
State: NV Zip Code: 89104
Phone: Fax:
Email: Mailing Address 1:
Mailing Address 2: Mailing City:
Mailing State: Mailing Zip Code:

View all business entities under this resident agent

Financial Information

No Par Share Count: 0 Capital Amount: $ 75,000.00
Par Share Count: 75,000.00 Par Share Value: $ 1.00


Officers Include Inactive Officers

President - CRAIG JOLLY
Address 1: 8 WEST 29TH Address 2:
City: SPOKANE State: WA
Zip Code: 99203 Country:
Status: Active Email:

Secretary - CRAIG JOLLY
Address 1: 8 WEST 29TH Address 2:
City: SPOKANE State: WA
Zip Code: 99203 Country:
Status: Active Email:

Treasurer - CRAIG JOLLY
Address 1: 8 WEST 29TH Address 2:
City: SPOKANE State: WA
Zip Code: 99203 Country:
Status: Active Email:

Director - CRAIG JOLLY
Address 1: 8 WEST 29TH Address 2:
City: SPOKANE State: WA
Zip Code: 99203 Country:
Status: Active Email:



Actions\Amendments

Click here to view 3 actions\amendments associated with this company

https://esos.state.nv.us/SOSServices/AnonymousAccess/CorpSearch/CorpDetails.aspx?lx8nvq=kB9vso81Z0mcZhPgKgxhcg==


Note: as of mid-August 2007 EBL decided to drop PayPal as a payment provider. They currently only accept check/money order or bank wires at this time.

Pensco - Credit for the following information belongs to my friend who goes by the handle epayday on various forums (epaydayTG on Talk Gold). I will refer to him as EPD for short. EPD's website can be found here.

Pensco Trust specializes in providing custodial services for self-directed IRA clients. EPD went through a rather lengthy process of getting approval to have Pensco make loans to EBL. He was eventually successful and as a result of this work, not only has he created the ability to make loans to EBL through his self-directed IRA, he should be credited with adding yet another layer of due diligence to this already very impressive program.

I am currently using self-directed IRA funds to make loans to EBL, but I do it differently than EPD does it. There are advantages and disadvantages to using either of our approaches, but I will discuss this in more detail in the utilizing self-directed IRA's section under the Education catagory.

5. Personal Meeting with Quest President Craig Jolly - EPD had gotten an invitation to spend a few days with CJ in late-June 2007 and graciously invited me to share his hotel room with him during our time in Las Vegas. Although I am under a verbal non-disclosure with respect to details pretaining to EBL's business, EPD summerized our trip quite well with the following post:

Sub: Who & How EarnByLoaning started!

When I was in Las Vegas with Craig Jolly in late June of 2007 , I asked him ”How did you meet Kerry and Troy and start EarnByLoaning (EBL) when you live so far apart (Craig in Washington, Kerry in Wisconsin and Troy in Australia)? By the apparent close friendship I’ve observed between them, I expected Craig to say that we met in grade school or worked together for many years employed by an international company. I would like to share what Craig said and what I have learned from Kerry on Skype about their relationship over the last month or so.

EarnByLoaning began in a very simple chance meeting. Prior to 2006, Craig and Kerry were both involved with a main stream Autosurf program that looked promising. They didn't know each other, but had a mutual friend who used a voice enabled room to meet in. Troy was involved with support for another program. It was during one of those meetings, or BS sessions more likely, that Craig and Kerry became acquainted. After only a few weeks of their meeting, the program they were in was closed down. Almost everyone lost a large amount of funds in that.

During the following weeks they had many more chances to converse and in those conversations the subject came up of a new program. Kerry went on to tell Craig about an idea he had a few years earlier for a program. This intrigued Craig. After Kerry was finished describing the program Craig got to thinking about it and how he could actually help bring this program online as a workable project. Now Kerry didn't have the resources to fund such a program, nor the legal expertise to navigate the legal aspects of it. But, Craig had access to both, so Craig spent the next several weeks researching the legal issues with a team of lawyers. Once Craig was satisfied with the results of his research, he informed Kerry of his findings and what he could provide. The moment was one of exhilaration for both when they realized that together they could actually have a program that met all the lawful requirements set forth at that time.

Over a few weeks of talks and program projection research by Craig and Kerry, they realized they needed a support person so Kerry contacted his old friend who he had known from past programs, Troy. Troy was a natural fit to help with support as he was a support person with another high finance company prior, and it didn't hurt that he was on a different time zone to work the off hours from the USA. It didn't take Troy long to realize what the implications of such a program could be. After meeting with Craig and Kerry and allot of questions, it was clear to Troy that he wanted to come on board with EBL after hearing the explanation of what it was Craig and Kerry were trying to do.

The one consistent theme to EBL’s program philosophy was to bring some integrity back to the internet business world and to help others less fortunate create a solid financial base. After all the program debacles they had seen, the more they were determined to change things by building a profitable, yet, honest program. So, EBL was born in about Mid January of 2006. From that time on, Craig, Kerry and Troy have steadfastly been working and building EBL. Even though Craig is the Owner of Quest Holdings, Inc. that all finances are actually delivered to, they have all equally participated in how the program and its members are to be addressed.

Craig's main focus is on the financial aspect of using his years of experience in the business world to create the returns needed to make all payments for loans that become due.

Kerry's main focus is administering the functionality of the website, support and its overall online presence.

Troy's main focus has been to help with support issues and the EBL forum.

This story makes up the essence, the beginning, the opportunity of EBL.

For me, the story reinforces my belief that some good can come out of bad programs. If Craig, Kerry and Troy did not meet in the bad Autosurf program and/or the program did not close down which inspired them to create a legit & honest program, I do not believe EBL would have ever got off the ground. I’m so sorry for their financial loss in that Autosurf program but I’m so VERY grateful that they created an unmatched due diligent investigated and legitimate program for current and potential Member’s financial future!

Bless them and I wish them and EBL a very long and prosperous future.

-epayday

I have more to add to this and will do so over the next week or two.

6. Public interview with Quest President Craig Jolly - There are two versions of interviews done with EBL president Craig Jolly. An audio version can be found here.

A written interview that was posted in April 2007 on NoBSnetwork is reproduced below:

Earn By Loaning is one of those programs that has flown under the radar for over a year. I had the pleasure of interviewing the administration and support team. Here is the interview. (Warning: It is long! LOL) The notes in italics are my inserted infomration. Read the review here.

IMO, I give them a big thumbs up!

Interview:

Q: Hi Craig, Kerry, and Troy, thank you for taking your time to answer questions in this interview. Tell us more about yourselves.

A. Craig Jolly - Full time businessman, Owner Quest Holdings Inc.:

Kerry -(Admin support): I work a full time JOB and I am the administer for the website/support for Quest Holdings Inc./EarnByLoaning.

Troy -(customer support): I am a Full time Dad, after giving up corporate life in the retail sector. I am in the customer/member support dept. for Quest Holdings Inc./EarnByLoaning.

Q: I understand that you have a verbal interview at EarnByLoaning/Interview. I appreciate you taking the time to answer many of the same questions here. Do you have the interview transcribed anywhere for our listening impaired and non-English speaking readers?

A. No we do not. We have not addressed that issue yet. It is an important issue for us and we acknowledge that this is important for our hearing impaired members, but at this point in time we have to prioritize the tasks that are higher on the “to do” list. Rest assured it will be done in the future when the new site is up.

Q: I understand that EarnByLoaning and Quest Holdings, Inc. are separate companies. Would you tell me a little bit about each one and how they are connected?

A. Quest Holdings Inc. is the company. EarnByLoaning is just our online presence for the public to see and get to know us.

Q: Are you involved with any other programs? Have you ever been involved with any programs in the past? If yes, please list them.

A. Craig - I have dabbled in a few programs as a member only. They will however remain unnamed. No involvement currently with any other online programs.

Troy: I have been involved with the MLM industry for about 12 years. I have also been a member in various internet programs over the past 6 years but do not wish to name them as I was only a member and they are all gone now anyway. I have been in customer support for a couple of these internet programs and became disillusioned with them because I knew that they were not treating the members right or they were just plain keeping things from them. Anyone who knows me, knows I have very high morals and values and I could not just sit by and watch people get treated in the wrong way.

Q: Is there a team involved with Quest Holdings Inc? EarnByLoaning?

A: There is a small group of support people and small group of financial managers that I work with.

Q: How long has Quest Holding Inc been in existence? EarnByLoaning?

A: Since basically date of incorporation and domain registration

(Note: Readers the date of domain registration is February 4, 2006, which makes them just over 14 months old. It is registered for 3 years.)

Q: Please share with us your background and why you started EarnByLoaning.

A: Craig: I am a CPA and have been involved with investments for over 10 years. EarnByLoaning was concepted out of talks between myself and Kerry over a year ago. We knew there was something we could do to change the way internet companies were constantly ripping people of after getting them all hyped up about the rags to riches syndrome. We felt it was time we made an effort to bring some respect back to businesses who use the internet. As I am sure you are aware, many, many so called investment programs have come and gone with millions of peoples money, and no way for those people to take any kind of action to recoup their losses. We call those type of companies, Flash and dash programs. and they are abundant. I cannot fathom why people keep doing the same thing over and over again to loose money.

Troy: EBL was born from Craig and Kerry wanting to bring some honesty and respect back to internet business and when Kerry asked me to come on board, I checked out why they wanted to start EBL and was blown away by the vision they had. I just had to jump on board. We have something special here. I really do believe that.

Q: I understand that you do not consider EarnByLoaning a HYIP. Why not? What makes it different?

A: To answer this question isn’t all that difficult. You see High Yield Investment Programs are by nature High Risk with NO GUARANTEE of a profit or any return. You could easily loose everything you invest. The rates you see with HYIP’s is usually very high. The record of HYIP’s speaks for itself.

With Quest Holdings Inc., we offer the written contract guaranteeing that the money you loan to our company is legally owed to you upon a certain date. The contract lists the amount, duration and percent of interest it earns daily through the maturity of the loan. It is signed by both the Lender and the company owner personally. By having a contract for the loan, each lender has a recourse of judicial action affirmed them by the rights of the United States judicial system and it’s court appointed authorities. We do not offer any outrageous return rates for our loan program. Considering what we offer, our program is very low risk.

Q: If you haven’t already answered this, please explain how EarnByLoaning works.

A: At EarnByLoaning, member lenders make a loan to our company for a set amount of money at a set rate of return for a set length of time. Their loan earns interest every 24 hours during the time between making the loan and it’s maturity.

Q: Having members sign a Lender’s Agreement when they lend you money is unique in this industry. Please tell us about it and why you use it.

A: The contract is very simple. It is the vehicle in which members and Quest Holdings Inc. are able to protect themselves to some degree. We use the contract to give the lender the assurance that we are a serious company that intends to provide the services we offer. The contract is essential to many lenders because we are a registered company in the U.S. and they know that they have the power to enforce that contract because of the laws governing our business.

Note: I am having a contract lawyer review the Lender’s Agreement. I am waiting on the results and will let you know.

Q: I understand that Quest Holding Inc is not involved with Forex. Without giving away any investment advice or strategies, would you describe what Quest Holdings does to generate returns?

A: We are active in the investment community and financial markets.

Q: Would you be willing to allow a third party, such as Jude, review your earning information and ID documentation, after signing a non-disclosure agreement?

A: ID documentation shouldn’t be a problem, but as for our internal company financials, No - we are not currently willing to open our books to anyone for security reasons and industry trade secrets.

Q: Since you are incorporated in the USA, are you nervous about running this type of program? The SEC has investigated and shut-down many USA programs.

A: No we are not concerned about the SEC. The typical HYIP’s and surfs have been the target of the SEC. We do not fall into that category of companies because of the nature of our business model.

Q: When I searched the BBB I did not find any complaints against Quest Holding Inc or EarnByLoaning. Have you ever had any filed complaints anywhere? If yes, what was the outcome?

A: To our knowledge, we have not had ANY complaints against EBL or Quest Holdings Inc.

Q: Is EarnByLoaning open to members residing in all Countries?

A: Yes.

Q: I heard on your recording that you report everything to the IRS, What does this mean for your US members? non-US members? Please elaborate on any documentation that you require from members, if any.

A: Members from other countries are encouraged to report earnings as they should to their taxing authorities. We will be requiring members to supply Quest Holdings Inc. with a photo ID and mailing address from which all records can be traced back to.

Q: I understand that you use E-Gold, PayPal, checks, money orders and bank wires for transactions to and from members. I’d like to touch on some of them.

1: Do you have any concerns about using E-Gold, especially since there has been a rash of hijackers stealing E-Gold transactions? Have you ever switched E-Gold numbers? If yes, what was the reason?

A: There is a huge misconception that E-Gold accounts get hacked. This happens because people do not secure their computers correctly. If you do not have the right protection for you computer you are just inviting hackers and key loggers/trojan’s into your computer system. They then retrieve your passwords and walk on in to withdraw your funds.

The other danger with E-Gold is that you need to go through a third party processor or exchanger, if you want to get your funds in and out of E-Gold. If the third party processor is not legitimate, you could lose your money to these scammers. There are some honest ones out there, but you will need to do your own research on that by doing Google searches on reviews of these exchangers.

2. Do you worry that PayPal may close your account due to their Terms of Acceptable Use? I understand that PayPal had Homeland Security investigate you when someone attempted to fund their EarnByLoaning account with $10K. Would you please describe what happened and what the outcome was?

A. It was an international deposit for $10,000 - paypal put a hold in it to verify it was legal and intentional - after all t’s and i’s were dotted it was cleared and no issues since. This wasn’t Homeland Security itself, but, the regulations Paypal was following set forth by them. Keep in mind in the U.S. if you show up to a bank with $10,000 in cash you have to verify where it came from.

3. Do you have a holding period for checks to EarnByLoaning accounts? Do you require extra identification documentation from those depositing via checks?

A. Just until they clear - usually 48 to 72 hours. We haven’t in the past required such identification but we will in the future to discourage identity theft.

4. Bank wires are expensive. If someone wants to be paid via a bank wire, do you charge them a fee?

A. We charge a basic $25.00 bankwire transfer fee to U.S. banks. International bank wires are done case by case basis as they do vary.

5. Do you charge any fees for transactions either in or out of EarnByLoaning?

A. We charge a withdrawal fee. We do not charge for transactions received though. These can all be viewed on the EBL site.

6. Normally when someone is paid it is via the same method they used to deposit. I understand that you prefer it that way, however, what circumstances would you accept for varying the method of payment?

A. We do allow members to use our internal currency exchange, if they need to change the way they receive funds from EBL. We do charge for this service though. Again this can be viewed on the site.

Q: How can you guarantee the return on the loans? Do you use a reserve fund to cover the payments in case of losses? Please elaborate on how and why you chose static returns.

A: We offer members what we know we can safely return. We use this because static returns are easier to track and manage. It is also less confusing for potential lenders to understand how we work. We do have a reserve fund and it is building all the time. The details of this and how much we hold in reserve will not be divulged.

Q: Is the interest on a loan calculated using compounding or is it simple interest? Please elaborate on why you chose the calculation method.

A: Simple interest - with the guaranteed rate of return we’re offering we can’t compound it as well.

Q: Is the principal returned with the interest when the loan matures?

A: Yes.

Q: What happens if a member needs/wants to withdraw the principal before maturity?

A: We take each type of requests individually. We try to evaluate each circumstance independent of any other actions taken in similar requests.

Q: Why do you offer a referral commission?

A: We decided to offer a Finders fee as a way to help future lenders and the opportunity to ‘earn’ their chance to improve their lives. We believe in the policy that if you work to promote EBL, then you should be rewarded for those efforts. EBL is not just for members who have a lot of funds to put into the program.

Q: Are there any plans to close your program or go private for new investors at anytime?

A: We may setup a separate program but have no intentions of closing EarnByLoaning for the foreseeable future.

Q: What do you foresee for the future of Quest Holding Inc and EarnByLoaning?

A: With our program we see no reason it can’t go on indefinitely.

Q: What support options do you offer your members?

A: We have in place our normal email support, our company forum and our VOIP live support using Skype voice and text chat. We do have phone support, but that is limited to special requests. Only because we want members to use our online options first.

Q: What methods do you use to update your members? How often?

A: We do send out a news letter from time to time. We do not believe we should bombard our members with useless emails.

Q: I’d like to ask about your website, EarnByLoaning.com:

1. Why did you chose to use the GoldCoder’s script, since it is well known for being an easy target for hackers?

A: Well it is not an actual GC script, but a cloned script.

2. What did you do to make it more secure?

A. As I previously stated, it is a cloned script so the security is definitely more enhanced.

3. Are you planning to change it to a custom script? If yes, when?

A. Yes we are having a ground up NEW script being written as we speak. We are hoping it will be done very soon, but we will not use it until we are 100% satisfied with it and it is fully tested.

Q: Is there anything else that you’d like to share with our readers?

A. Please feel free to ask any questions. We may have questions that we choose not to answer. Not because we’re hiding things but we are a private company that doesn’t need every detail of operations splashed on the internet.

We hope we have answered your questions.

B. We would like to address the issue of RegisterFly. We are aware of the ICANN issue. We are trying to move to our other registrar, but, Registerfly is not cooperating, so it’s taking more time.

Note: Registerfly is causing a certificate warning. Please don’t pay any attention to it. They are having difficulties getting transferred away from Registerfly after numerous problems with them. If you remember my articles about Registerfly, you’ll see that there are thousands of domains in the same boat.

Regards,
EarnByLoaning

End of Interview.

The original posting of this interview can be found here. The webpage cannot be found

7. Admin credibility & responsiveness - My experience of Kerry and Troy has been outstanding. Every single message I have sent them (and there were quite a few at first as I was figuring out how their program worked) was replied to within 24 hours (usually within a couple of hours).

As mentioned is point 5., Kerry met CJ from a failed autosurf program and Troy was a friend of Kerry's who was brought in later. They all shared the experience of bad programs and were excited to create a program that folks could rely on (for a change). This attitude is really reflected in how they support their members. You will experience a highly responsive group when you become a member of EBL

8. Longevity / Stability - I conducted several statistical studies on internet based loan and investment programs. I summarized these results on the home page of this site, but go into much more detail in the Analysis & Strategy section of this site (coming soon).

The main points of these studies show that programs that last as long as EBL are about 2 or 3 in 1000. In other words, statistically speaking, these guys are in a class by themselves.

Another study correlates yield vs. longevity and indicated that the yield of EBL plans was well within the range of sustainability for the long haul. Again, I'll go into much more detail in the Analysis & Strategy section of this site (coming soon).

In addition to raw numbers, the president of the company does not hide his identity as a vast majority of programs do. Though he does need to limit his access because of the size of his membership (as of 7/27/07 over 700), CJ is a real person (whom I am grateful to have had an opportunity to meet) that is personable as well as extremely knowledgeable. I'm also impressed with his significant other (an often overlooked asset or liability).

9. Transaction Legality - EBL is one of the few programs that I know of (and I've looked at a lot of them) that documents their transactions with a written agreement. You can become a member for free and inspect the loan contract yourself or reveiw it with your attourney.

I have written several private loan agreements over the last couple of years and I know that the document that EBL uses is solid and binding when signed so I was not at all surprised when my accountant and lawyer came to same conclusion. The fact that Pensco Trust validated self-directed IRA loans to EBL also leads one to this conclusion as their lawyers scritinized this contract as well.

10. SEC Requirements - I completed a rather extensive investigation wrt. these issues and created a report with my findings on it. I ran this by the EBL staffed and they liked it, however, they did not want me to publish it publicaly. I am, however, allowed to share this content on an individual basis.

You can gain access to this information for free. All you need to do is become a member and submit the required due diligence documentation to EBL. NOTE: YOU CAN BECOME A MEMBER AND SUBMIT YOUR DOCUMENTATION WITHOUT FUNDING A LOAN. If you are a current member and have already done this, just e-mail me with your EBL username, I'll do a quick check and then send you this information. You do not need to be a referral of mine, just a documented member of EBL.

I apologize for not being able to make this information more assessible, but I understand why the staff wants to limit the distribution of this report to fully documented members.

I made the following post on the talk gold forum which also covers some of these basics:

http://talkgold.com/forum/showthread.php?p=2045748#post2045748

11. Public Forum References - Several online investment related forums are covering EBL. The two most active are Talk Gold and NoBSnetwork.

Talk Gold http://talkgold.com/forum/showthread.php?t=170076&page=1
NoBSnetwork http://nobsnetwork.net/specific-hyip-discussion/392-earnbyloaning-com.html
MoneyMakersGroup http://www.moneymakergroup.com/Earn-Loaning-wwwearnb-t70314.html

12. How EBL rates with respect to my participation rules - I have quite a bit of content which needs to be organized before going out.

13. EBL forum - You can become a guest or non-funded member of EBL by visiting the following link: http://www.earnbyloaning.info/SMF/index.php

© highyieldrebates.com

High Yield Return On Loan Early Retirement Dream Program
Earn interest on a loan for extra income or build your retirement. It's easy and passive with this program.

Loaning money to a USA based company. Signed contract with all IRS rules followed. You can get worry free HY Return On Loans (HYROLer) to make extra money or retire with a growing income instead of a fixed income.

I believe in diversification. As part of my overall wealth building plan, I allocate a small portion into High Risk programs or plans. Within this small percentage of High Risk, I like to spread the risk into a few High Yield Return On Loan programs. This strategy diversifies my risk overall. If you have 2 or 3 trusted loan programs each paying what you need (or plan to need) per month and one program went down for any reason (temporary or permanently), It would not upset your overall plan as much as depending on one loan program, RIGHT? Well EBL should be one of the loan programs in your wealth building plan. See a strategy I'm using to build my retirement. Select this Early Retirement Strategy link for more details.

Loan Program:

https://earnbyloaning.com/register.php?ref=epayday

Download a free Microsoft Excel calculator to plan or DREAM on the possibilities for your situation. This HYROLER Dream Calculator will show the growth of a EBL loan over a 30, 120 or 365 day term

EBL HYROLER Dream Calculator:

HYROLER DREAM Calculator (track up to 12 Loans)

I hate spam. So only send me your contact information if you need help or want a rebate on my referral fee. In fact, it would be best to contact me on the EBL forum. My username in the EBL forum is "epayday". Details on how to get to the forum are on the EBL main web site. Select Loan Program here.

REBATE OFFER!

Choose Your EBL Deposit for a Rebate on the referral fee I receive. I offer 50% of my referral fee for a New Member's loan of their choice that is $1001.00 or more. Offer is good for 1 year (I’m flexible on the start date depending on the plan you submit).

Select this Referral to Charity link to learn what I do with most of my referral dollars.

Disclaimer: I’m not a financial advisor or USA tax professional so any advice you use based on my written or spoken word, YOU DO AT YOUR OWN RISK. Only risk what you can afford. The information on this web site is my opinion and my interpretation of what I have learned over several years living in the USA. EBL, Pensco Trust or any other company mentioned on this web site is not responsible for any action you take based on the information provided on these web pages.

© highyieldrebates.com

http://highyieldrebates.com/program1.htm#02corpdoc

Quest Holdings Inc.
+1.(920) 382-8994 Phone
+1.(702) 216-2993 Fax
8 West 29th
Spokane, Washington 99203
United States
www.earnbyloaning.com
admin@earnbyloaning.com
Business Type(s):
Services - Financial Planning
Operating Hours:
Monday - Friday 7 PM - 5 AM EST.
Description: We are a private lending program where Quest Holdings Inc. borrow money from people through a Loan contract. We are a U.S. registered company registered in Nevada.

Registrant:

Kerry Miller sr
9203828994 Phone
4th Floor
Beaver dam, Wisconsin 53916
United States
admin@earnbyloaning.com

Registered Through:

Registered through: OrderYourName
Domain Name: earnbyloaning.com
Created on: 2006-02-04 13:31:21
Expires on: 2017-02-04 13:31:21
Last Updated on: 2007-05-08 23:37:24

They are not licensed as financial or investment councilors or an investment. They are actively advertising an illegal loan program to US citizens without an exemption and are not a registered security.

You should be filing with Nevada, Washington State and Wisconsin state regulators. The FTC etc., listed in the government thread here.
_________________
Yes all HYIPS are SCAMS. Click Here and watch this. http://www.bornagainamerican.org/

[Ekid]

[Ekid]

[Phoenix]

EBL admin must be reading this forum. Now the only topics available to non- members are :

I GOT PAID - Post Here (Public)

Members Testimonials (Public)

Thank you EarnByLoaning (Public)

This is obviously to prevent guests asking awkward questions.

[Phoenix]

If you login to the forum, then you can see all topics as before, with some changes. The topic

The People Behind It (Public)

is still marked as public, but it no longer is public.

The guests and visitors topic has had all its posts deleted:

Guests and Visitors (currently being worked on) 0 Posts 0 Topics

That's a pity as there were some interesting (awkward for them) posts there.

I think we are about to kill this ponzi scam.

[Phoenix]

The 'Guests and visitors' topic is back, with a lot of posts deleted, including jlpicard's damage control posts.

I think he may have told too many lies, even for the admin.

[Ekid]

[Ekid]

[Ekid]

[Ekid]

[Ekid]

[Ekid]

[Ekid]

Every four months they pay out your loan at 50% interest.

Lets say you do put in $10,000 and in 4 months you get $5,000 (plus your original $10,000)

You keep your $10,000 and only reinvest the interest, the $5000

in another 4 months you receive $2,500

so after 8 months ebl has paid out $7.500

Go another 4 months and you get $3750...add that to the 7500 + 3750=$11250 and thats just the interest

Okay now you are costing EBL ...they borrowed $10,000 and returned in total $21,250 and you SERIOUSLY EXPECT THEM TO STAY IN BUSINESS??? FORGET IT.

and what interest rates do banks charge PER YEAR ?