Your Questions About Fast Money Online Scams

Donna asks…

Is there any legitimate work from home for college students needing extra money?

Why do the work from home jobs ask you to send in money?

Nagesh answers:

“If a company requires initial payment from you in order to work for them, they are not legitimate.”

There are a few legitimate data entry companies but are not hiring and have large waiting lists (1-2yrs). The majority of data entry jobs you seen online are scams. A real company will want you to have skills inc fast typing, may want you to know MS Excel, and will usually ask that you have high speed internet. Once in a long while you may found one online on a job website but thats rare.

If you do an advanced search on yahoo, you will find previous answers, sometimes the info on these is good as the info they gave is likely to have been verified if the answer was voted as ‘Best’.

Linda asks…

How can i make money online fast and “easy.”?

Is it true that anybody can just go online and make 100s of 1000s of dollars fast and “easy” as i keep hearing or is all this just a big scam. If its not then how is it done?

Nagesh answers:

You are a scammer’s delight and treasure..

A naive and foolish individual looking for easy monetary gain without skills or effort – that’s their prey, and there are many of them around.

Don’t you be one of them. But your question certainly makes me think you will be scammed eventually..

Susan asks…

How can i make money online fast and “easy.”?

Is it true that anybody can just go online and make 100s of 1000s of dollars fast and “easy” as i keep hearing or is all this just a big scam. If its not then how is it done?

Nagesh answers:

Energy deregulation creates new opportunity for entrepreneurs. If you have never heard of the term deregulation, I don’t blame you. Most people have not. However, if you recall from the past, the deregulation of specific industries such as airlines and telecommunications, created some tremendous income for the people who were in the right place and the right time. Right now, the same thing is true for the energy industry.

Practically every single person you know uses energy and most of them have no clue they could be paying less. Here are a few reasons why this type of business is ideal for entrepreneurs. Unlike direct sales positions you are not trying to sell people a product they probably have no need for. You are simply showing them how to pay less for something they already purchase. Additionally there is no inventory, no product, no employees and most importantly you never ask for collections.

No Investment, No Risk! Just become a customer.

Steven asks…

What are some good ways to make money online?

Really in need of money!

Nagesh answers:

If you are looking for something ethical and interesting as wel-l, i must tell you, long term steady income require some

patience and dedication.. Fast and easy money are mostly scams..they ask for upfront payment and guarantee that you’ll cover

it in days.. But then they disappear..
If you can write well there are a number of genuine options for you.

James asks…

What credit card should I get, whats the fastest and best way to build credit?

I have no credit and was wondering what credit card I should get. I do not want to get a co-signer and I am not 21. I am getting this card to build credit and was wondering what other things I should do to build my credit. Whats the fast and best way to build credit? with cards or any other device.
Thanks everyone!

Nagesh answers:

The new federal regulations will make it impossible for you to get a credit card if you are under 21.
Don’t fall for online scam sites that tell you otherwise.

Two ways:
1. Get a secured card from your bank where you have your checking.
Compare it first to Citi and Orchard – they have among the best.
In a year (if you are over 21 then) it will turn into a credit card if you use it wisely.
Wise use: Replace the money in full each month – no games.

2. Make a secured loan.
Drop about $1,500 to $3,000 into a savings or a cd, then ask the bank to make a one year loan against this money…

Money Making Schemes