✵ SMALL LOANS ✵ Just missed the price tag of something that you simply can't save up for anymore? I've got a cheap, fast solution to get you covered. Repayments are pretty much guaranteed to be less than you think. ✵ Loan amount ✵ 5k & under: +1% +100 10k & under: +1.5% +250 15k & under: +2% +500 20k & under: +2.5% +750 30k & under: +4% +1k 50k & under: +5% +2.5k 100k & under: +7.5% +6k Currently, the max loan amount is 100k Late fees per day in orange ✵ Loan duration ✵ 1-3 days: +0% +100 1 week or less: +0.5% +250 2 weeks or less: +1% +500 3 weeks or less: +2% +750 4 weeks or less: +3% +1k 5 weeks or less: +5% +2.5k I will not loan for more than 5 weeks. Late fees per day in orange ✵ What does this mean? ✵ Say, for example, you'd like to take a loan of 10k for 2 weeks. You'd add the interest from the 10k option above and the interest for 2 weeks, to get a total of 2.5% interest (10.25k payback). Sweet, huh? Now, let's say that you failed to repay the 10k. After 1 day of failing to repay the loan, you'll have 750 ECD late fees. If you still fail to repay the 10k plus late fees after the 1st day, then you'll have 1.5k late fees, and so on until 1 week, where a complaint may be filed against you (which I sincerely hope will not have to happen). Additionally, if you can manage to pay back your loan within 24 hours of receiving it (this only applies to the options for 1 week and over), you will only need to pay the interest from the loan amount! ✵ Requirements ✵ Obviously, you'll have to meet some of my requirements to take such a great offer for loans. (Yeah, boo... ) No previous bans for loan scamming Unless you can provide evidence of you paying back a loan/payment plan that is higher than the one you'd like to take. This loan/payment plan must have been agreed on and paid off after your most recent loan scamming ban. If the debt you had upon being unbanned is higher than your requested loan amount and you can prove that you paid it off, I will allow you to take a loan. Must have a sign of dedication to the server This includes (having 1 or more of these will fulfill the requirement) Mayor rank 3 months play time (must have been active for the whole duration of 3 months) A supporter tag Evidence of a previous loan that is equal to or higher than the loan you'd like that has been fully paid off Must be able to provide a reason for taking this loan and how they plan to earn the money back I won't be too fussy about this (you can loan for lotto & sb as long as you have another, more reliable way of earning money), as long as your loan reason is appropriate and your (other) source of income is reliable and not based off chance. ✵ Application ✵ Alright, I think that you've read enough and want to get straight onto how to get your loan. What is your IGN? Your ingame name How much would you like to loan? The amount you'd like to loan. Max is 50k. How long do you want to loan this money for? The amount of time you think you need to pay this loan back. I currently won't give you more than 5 weeks. What do you plan to use the money for? You can use it for anything as long as it abides to the server rules. How do you plan to earn the money back? What ways will you use to earn back the money? Lotto, Sportsbook and any other forms of gambling are not acceptable answers. Your source of income must be fixed with no chance of loss. Have you been previously banned for loan scamming? If you have, please refer to the requirements and post any evidence here. Have you read the requirements, and do you meet all 3 of them? Please, actually read the requirements. I'll be verifying this and if you have any screenshots of a previous loan being paid off, post them in this bit of the application. Available to loan: $60k Refer to my forum balance for the most updated available amount to loan. Spoiler: Convenient template so that i dont miss anything Do you, <user> agree to pay me, MarshmallowDerp, <money> within <some random week amount> weeks of receiving <loan amt>? Spoiler: Current Loans none rip Spoiler: Previous Loans David_Torento 100k loan, 5 weeks 107.5k paid back (same day) March 4th, 2018 David_Torento 100k loan, 5 weeks 112.5k paid back March 10th, 2018
Thread very well done, clap and a half for you! I like those star things too, and I wish you the best of luck in your loaning business.
Bump, first loan for @David_Torento has been taken and already paid back, way ahead of schedule! Many thanks for that! 137.5k available to loan.
Bump loan time reduced to 2 weeks for the time being, I am definitely not desperate for feats right now.
