I was just thinking about loaning 1000 points to someone but I don't know how much interest I should charge him. Can anyone lead me in the right direction? There has to be a standard.
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I was just thinking about loaning 1000 points to someone but I don't know how much interest I should charge him. Can anyone lead me in the right direction? There has to be a standard.
First off I hope this is in the loanshark. Second, it all depends on the length of time for the payback.Quote:
Originally Posted by upser
It's not, there was a page i read it is not on there. So someone wants 1000 points, how much interest do you think I should charge him?
he wants a 1000 points for 1 week sorry. and i meant to write there was a faq page
Loans go in the Loanshark only.
i go into default like all the time, but i pay back when i can, thus i get around 15% mark up
There's no standard rates, everyone uses their own criteria, so you'll have to decide what's best for you.
im loan at 10% i set the rates around here lol