NUB Loans (in Public Record)


Flames Fame May 3 2007 2:03 PM EDT

NUB LOANS

General Rules

1. Loans above $150,000 must have collateral
2. You Must only be a New player
3. Loans CAN NOT be sold for USD.
4. Post all payments here.

Process

Interest will be calculated as below.

0-100K $1,200 daily --- $8,400 weekly
101K - 200K $2,400 daily --- $16,800 weekly
201K - 300K $3,600 daily --- $25,200 weekly
301K - 400K $4,800 daily --- $33,600 weekly
501K - 1M $9,000 daily --- $63,000 weekly
1M+ maximum finance charge (unless penalized) 10%



Payment

* There is a minimum payment, of 10,000 daily, or 70K per week
* If a payment is not made either daily or weekly there will be a penalty charge of 10% of the loan amount added to the total amount of the loan.
* If payment is not received 2 days // weeks in a row, a warning via CM will be sent. Missing the 3rd week constitutes default on loan.
* Payments will be made a central character: NUBLOANS


Loan Application


Amount Loaning: $
Collateral: (fill out only if loan is above $150K)

I hereby confirm and agree to abide all rules written in this thread, unless stated and agreed upon: (insert user name)

Flames Fame May 3 2007 3:02 PM EDT

NUB LOANS

*UPDATE*

General Rules

1. Loans above $500,000 must have collateral
2. You Must only be a New player
3. Loans CAN NOT be sold for USD.
4. Post all payments here.

Process

Interest will be calculated as below.

Minimum loan 50K
< 100K 0.025%
100K-500K 6% one time fee
501K-999K 8% one time fee
1M + 10% one time fee.

Payment

* There is a minimum payment of 70K per week,
but that shouldn't be a problem because NUB makes money quick
* If payment is not received 2 weeks in a row, a warning via CM will be sent. Missing the 3rd week constitutes default on loan.
* Payments will be made a central character: NUBLOANS


Loan Application


Amount Loaning: $
Collateral: (fill out only if loan is above $500,000)

I hereby confirm and agree to abide all rules written in this thread, unless stated and agreed upon: (insert user name)

DeathHimself May 3 2007 3:25 PM EDT

Loan Application


Amount Loaning: $1,000,000
Collateral: RoE from my supportership.

I hereby confirm and agree to abide all rules written in this thread, unless stated and agreed upon: DeathHimself

DeathHimself May 4 2007 12:25 AM EDT

Forget about that loan, someone replied to mine. thanks anyway.

Flames Fame May 4 2007 12:34 PM EDT

thread closed.... See new post.
This thread is closed to new posts. However, you are welcome to reference it from a new thread; link this with the html <a href="/bboard/q-and-a-fetch-msg.tcl?msg_id=0026IV">NUB Loans</a>