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Below is the most points you can apply for. The reason is, the number of defaults daily is staggering. New users need to prove themselves a bit more before they can ask for 1000 points.
1-30 days = 100 points cap
31-60 days = 250 points cap
61-120 days = 500 points cap
121-180 days = 1000 points cap
181 days+ = 4000 points cap
I think thats a good thing your doing Zab. Too many (new)users asking for loans with no intent of earning points..
great idea Zab, hopefully people will realize the poositive thinggs loan shark can provide and stop abusing it
Good idea Zab, the defaults are out of control. Hopefully this will help.
Great idea and think this will be great for everyone involved.
Good idea but I have gotten over 50 5,000 point loans and never defaulted so add a 5,000 point cap back for people who have been here 360 days. :)
Very good idea Zab, especially if the defaults are getting out of hand.
Good update. I guess it will help to make it safer.