well i dont know waht your looking for but as for me when i usally loan out to peole i ask for about 50 percent intrest in 1 week and 25 percent intrest in 3 days. So lets say a user wants a 100k loan, they will pay back 150k in 1 week or 125k back in 3 days.

 

If I were you I would make sure to have people use something as collateral. This way instead of them being banned and you not getting paid, you will get something out to it and they can still play. Use a town or tools or something. That's what I would do.

 

I never give loans, and I only take loans I know I can pay back, or with an IRL friend who I can bug for no particular reason for an extension.

The business is to risky to do without collateral, as @LRP85 stated above. No money and a ban is not what you want.

If you want to take the risk, all good wishes towards you. Just make sure you look up the person and pick wisely.

 

This ^

Make a contract and make them put up something worth that amount of money
So if worse scenario, they go over the due date, you can repossess and take the collateral, so you don't lose any money.
Good luck!

 

I happen to have a 115k loan to Inamine to pay back by 11/11/14

 

I'm moving this to the Economy section as it fits better there.

 

Never taken a loan, not given one since I joined ECC. Dumb idea IMO... too many possibilities that something could go wrong.

 

I gave 2 loans and made over 40k for both.