Grand Opening of Erepublik Loaning Corp
Keavin999
Today on day 1748 of the New World, I am announcing the grand opening of the Erepublik loaning corp.
The link to the google page is: https://docs.google.com/document/d/1u-Q8loSRWXQTrhChxZzxJ6TqdtSICteKeKvWMTpAfGc/edit?pli=1
Some of the terms for getting a loan are, you must have at least 3 other people who can vouch for you, (I know that most people can be trusted but I have seen articles about people getting scammed and don't want that to happen.), you must already know what you are going to do with the money, and then we will settle terms of the loan from there.
Interest prices are as follows(Per week):
$0.01 - $5000= 4.5%
$5001 - $20000= 5%
$20001 - $50000= 5.5%
Comments
15% per week! lol
So how exactly do you expect people to repay at 15%???
Sounds like a scam
scam
Everyone, making this a scam doesn't make any sense. I loan money out to other people.
Even the 10%-8%-6% is not worthy to take with weapon raw at 0.20 , and it is still going down
Yea, you are needing to hit like the 3-5% interest rate to be able to have people afford the loans...
Man, you're expensive. Way to much.
I have revsied interest rates. There has been lots of criticism and they are lower now.
Weird how bigger loans have larger interest rates. It usually the other way around.
Smaller monthly rates and its something worth considering, still too high for my taste.