This is the thread to apply for loans from 6 Netherstar Inc. We offer loans with fairly simple interest. All loans will have an official server contract as well as some collateral. (collateral = something you give us and get back when you pay. Don't pay, you don't get it back) Collateral should be worth between 1/4 and 1/2 of the loan. 1 week payback = 40% interest 2 week payback = 45% interest 3 week payback = 50% interest 4+ week = case-by-case basis Late Fees: 1k/day late Current amount available to loan: 10k
I personally feel that the amount offered in your loans is not enough to justify asking for collateral... 5k is nothing, and the only people who would need a 5k loan are VERY unlikely to possess any item worth 5k in collateral. I'd say you should offer up to 25k or so, such that a builder/resident could buy a pumpkin axe, or eff5, unbr3, fort3 pick, but that's just my opinion.
And, I for one give out loans with a set price and no late fees. I just ask that it get paid back within the year. But that's just me.
Collateral will only have to be 1/2 value, and we will have more money available now. 5k was just to start off, until more people bought shares in the company. Amount available to loan will increase over time.
Moved: Economy/Market Discussion --> Sale/Wanted/Feedback/Job Offers As this thread is better suited in the For Sale/Wanted section, I shall be moving it there. Also, I suggest you merge this thread with your other 6 netherstar Inc. thread. Feel free to tag me if this thread is to be locked/removed. @pauldersgate
I wanted a separate thread to keep the loans tidy. I don't wanna forget about one or miss a request or anything like that.
