Loans
So Gbleek suggested that we should have a loan thread for members who need TC.
And Here it is.
Current Amount of TC available: 5,000
Loans out:
Application For A Loan:
Name:
Amount needed:
Most Probable Time You Will Be Able to Pay Back (ie:after one week, one day, etc.):
The interest rates are as follows based on the probable time to pay back:
1 -5 days=0%
6 -10 days=5%
11 -20 days=10%
21-35 days=15%
36-50 days=25%
More than 50 days=pm me and we'll work something out.
If the time you take to return the money is off by more than 10 days, you will have to pay 10% more interest than the rate suggested by the time you originally guessed (ie: if your estimate is that it will take 10 days and it ends up taking 20 days, you must pay 20% interest. If it takes 30 days you must pay 30% interest).
Half of all proceeds will go to the JungleMine.
If you wish to lend money pm me. I'm thinking maybe an 80:20 split on the half of the interest that doesn't go to the Jungle Mine (I'll take the 20).