Total Free Money Earned

Redeems: $280,218

BTC Rate: $10656.56

Results 1 to 8 of 8
  1. #1
    Zab
    Zab is offline
    PokerOwned Admin Zab's Avatar
    Join Date
    Feb 2008
    Posts
    7,252

    Loan Shark new Caps

    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
    "And Shepherds we shall be. For thee, my Lord, for thee.
    Power hath descended forth from Thy hand. Our feet may swiftly carry out Thy commands.
    So we shall flow a river forth to Thee And teeming with souls shall it ever be.
    In Nomeni Patri Et Fili Spiritus Sancti."
    http://www.youtube.com/watch?v=7_AtUXdXA_s

  2. #2
    PokerOwned God abwil2's Avatar
    Join Date
    Mar 2011
    Posts
    2,675
    I think thats a good thing your doing Zab. Too many (new)users asking for loans with no intent of earning points..
    Failing to Prepare is Preparing to fail : John Wooden

  3. #3
    PokerOwned Demi-God bigphatmike's Avatar
    Join Date
    Jul 2011
    Posts
    1,083
    great idea Zab, hopefully people will realize the poositive thinggs loan shark can provide and stop abusing it

  4. #4
    PokerOwned Admin Poof's Avatar
    Join Date
    Jul 2011
    Posts
    4,132
    Good idea Zab, the defaults are out of control. Hopefully this will help.

  5. #5
    Elite PokerOwned Member
    Join Date
    Mar 2012
    Posts
    760
    Great idea and think this will be great for everyone involved.

  6. #6
    PokerOwned God
    Join Date
    Feb 2011
    Posts
    2,436
    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.

    #NiggasInParis

  7. #7
    PokerOwned God
    Join Date
    Mar 2011
    Posts
    1,680
    Very good idea Zab, especially if the defaults are getting out of hand.

  8. #8
    PokerOwned God
    Join Date
    Apr 2011
    Posts
    2,113
    Good update. I guess it will help to make it safer.

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •