yea i agree its unfair for the people who dont do loans, but there will be a day where you do loans and some1 will default on it and you will need the insurance :)
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yea i agree its unfair for the people who dont do loans, but there will be a day where you do loans and some1 will default on it and you will need the insurance :)
Look at it this way..
Why the hell do I have to pay for Car Insurance on days I don't even drive my car? Or I NEVER get in accident. That's the same line of thinking
I like the idea, I personally always get loans but pay them back but think its nice for people that give them out a lot
SOUNDS like another good idea.
yeah this is good thing... it good feature ;)
Applying for loan insurance increased from 10% to 20% per week
Nice.. Hey does anyone know how long the raathole period is in the owned client?
Insurance Paid 17913
Insurance Paid - Paid Back 652
Insurance Balance 6572
insurance is handy when things go wrong but what about the defaulter if the insurance pays up a defaulters debt wont this let him/her of the hook i would like to see measures that would mean that the debters loan would be payed back to insurance fund over time