Hello, here is my Vault of ECC tutorial of loans and lending I'm an experienced lender and am here to provide some tips on actually borrowing ht emoneuy. Step 1. Decide the purpose of your loan. What is it for? Do you really need it? If so, is it urgent? If you have found the purpose of your loan then please proceed to step 2. ========================================================================= Step 2. Decide how much money you would need to borrow. Evaluate your expenses. Add these up. ========================================================================= Step 3. Decide how you'll repay the loan and in what time frame. Can you pay back quickly? Will you mine/farm? Don't rely on other people to help you (e.g. money owed to you, or sportsbook). These can often be delayed or lost. Always have a backup plan to avoid paying late fees or getting banned! ========================================================================= Step 4. Find a lender who is reasonable. Some people may try to exploit your weakness, your weakness would be that you're in need of money quickly. Don't admit to any stupidly high interest fees. It all depends on the time frame and initial loan amount, never pay more than 100% of the original loan total in interest. ========================================================================= Step 5. Use the loan! If you're borrowing money with someone else, don't be afraid to contact me and I'll tell you if I think the loan is reasonable before you follow through with it. Always be careful as some people may exploit people new to the loan system! ========================================================================= Extra Notes - Don't borrow what you can't afford. It may seem like "free" money but you have to pay it back eventually - Try pay on time, this gives you a good rep and credit rating! - Be polite, you may get lower interest rates - Negotiate! Most lenders will be willing to drop their interest slightly - Higher ranks and more donations tend to help with bigger loans. The more you have to lose, the more likely people will be to trust you. Hope you enjoyed this quick tutorial/guide by Vault of ECC and obblebobble
Have not had much to do with you @obblebobble but this just reaffirms i was right in thinking you are a true gentleman! This sever needs more people like you
