Post by kuraikiba on Dec 1, 2010 20:58:33 GMT
MONEYLAND LOANS
Simply request a loan. I give it to you, and you make daily payments of 1/10th of your loan to me. If you miss a payment, you need to pay double the next day. Example:
1000 is loan
100 is payment, missed
200 is new payment, missed
400 is is new payment, missed
800 is new payment, missed
1600 is last payment, prepossessed.
All missed payment will be repossessed as well. You can't ask for more than I have, and only four payments can be missed before a repossession. However, no interest exists on payments or loans. The upper limit I will give (provided I can afford it) is 10,000 DBs. If I have zero DB's you must wait for all other loans to be paid. In the case of a payment, a payment must be fully paid, or it will be considered missed. If you have a history of three repossessions, you will have to pay 1/5th of the total loan daily, due to bad loan history. They still double when missed, and must be paid in full to be considered paid. If three more repossessions occur, you must pay 1/2 of your loan daily. They still double when missed, and must be paid in full to be considered paid. If three further happen, you must pay 1/2 of your loan daily. They now would have quadrupled when missed, and must be paid in full to be considered paid. If one more happens after that, you can not loan any more here. In the case of lack of ability to pay, you will be in debt to Moneyland, and must either be granted reprieve by admins, or have them wire you enough to pay, or get enough to pay within a grace period, 1 month for every 1k you are in debt to Moneyland. Moneyland, however, will ensure you have no penalties for on time payments. If you have five loans with prompt payments, you get 500 DBs and if you have bad loan history, will be reduced one level of penalty magnitude. Five after that, 1000 DBs and full reduction of any bad loan history.
GET A FEW DBS FOR A REAL LOW FEE AT MONEYLAND!
Simply request a loan. I give it to you, and you make daily payments of 1/10th of your loan to me. If you miss a payment, you need to pay double the next day. Example:
1000 is loan
100 is payment, missed
200 is new payment, missed
400 is is new payment, missed
800 is new payment, missed
1600 is last payment, prepossessed.
All missed payment will be repossessed as well. You can't ask for more than I have, and only four payments can be missed before a repossession. However, no interest exists on payments or loans. The upper limit I will give (provided I can afford it) is 10,000 DBs. If I have zero DB's you must wait for all other loans to be paid. In the case of a payment, a payment must be fully paid, or it will be considered missed. If you have a history of three repossessions, you will have to pay 1/5th of the total loan daily, due to bad loan history. They still double when missed, and must be paid in full to be considered paid. If three more repossessions occur, you must pay 1/2 of your loan daily. They still double when missed, and must be paid in full to be considered paid. If three further happen, you must pay 1/2 of your loan daily. They now would have quadrupled when missed, and must be paid in full to be considered paid. If one more happens after that, you can not loan any more here. In the case of lack of ability to pay, you will be in debt to Moneyland, and must either be granted reprieve by admins, or have them wire you enough to pay, or get enough to pay within a grace period, 1 month for every 1k you are in debt to Moneyland. Moneyland, however, will ensure you have no penalties for on time payments. If you have five loans with prompt payments, you get 500 DBs and if you have bad loan history, will be reduced one level of penalty magnitude. Five after that, 1000 DBs and full reduction of any bad loan history.
GET A FEW DBS FOR A REAL LOW FEE AT MONEYLAND!
[M:977802]