Apply for Loan (TrueOC)

Might start doing Loans for PO members with obviously a few rules.

- I must know you.

- PO account MUST be at least 6 months old with relatively daily activity.

- Cant have any other loans out or owe someone else money because that just causes problems.

- Cant have any previous problems with paybacks with other people / problems in the past with trading/loaning/stakes whatever it may be.


There are a few other guidelines and rules that will be discussed if you are eligible when we speak.


Not everyone will be approved.

Don't PM me if you don't qualify for the guidelines above.

All loans will be posted below and confirmed so there are not problems/confusion to what was agreed upon.

Loans will be on the smaller side that can gradually get larger will successful pay backed loans w/ vig.
-Points
-Poker Funds

Thanks!
-OC

I'm assuming you mean you're going to start doing market loans, otherwise this is a pointless thread.

Please don't spam in here or beg. Thanks!

This thread is just for approved loans with agreed/confirmation details.

Bubble me if you want to apply. Dont post asking to apply

Quote:

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Originally Posted by TrueOC

Please don't spam in here or beg. Thanks!

This thread is just for approved loans with agreed/confirmation details.

Bubble me if you want to apply. Dont post asking to apply

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I'm poor gimme points.

Quote:

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Originally Posted by TrueOC

Loans will be on the smaller side that can gradually get larger will successful pay backed loans w/ vig.
-Points
-Poker Funds

Thanks!
-OC

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Quote:

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Originally Posted by rghy2

I'm assuming you mean you're going to start doing market loans, otherwise this is a pointless thread.

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Thread is used for confirmation.

this is a good idea :)

Quote:

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Originally Posted by TrueOC

Please don't spam in here or beg. Thanks!

This thread is just for approved loans with agreed/confirmation details.

Bubble me if you want to apply. Dont post asking to apply

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I'm not spamming, begging, or asking for a loan. I was trying to ask a legit question if this was for market place loans or for loan shark.

Quote:

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Originally Posted by rghy2

I'm assuming you mean you're going to start doing market loans, otherwise this is a pointless thread.

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its rare i agree with you but this is one of those times, and confirmation or not if hes loaning in market hes asking for trouble, theres nothing zab can do about market loans and they will be at his own risk i give it a week before someone defaults on him

Quote:

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Originally Posted by rghy2

I'm not spamming, begging, or asking for a loan. I was trying to ask a legit question if this was for market place loans or for loan shark.

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That wasnt directed toward you I appoligize if you thought it was. I thguess we posted at the same time lol.

Quote:

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Originally Posted by azreal1

its rare i agree with you but this is one of those times, and confirmation or not if hes loaning in market hes asking for trouble, theres nothing zab can do about market loans and they will be at his own risk i give it a week before someone defaults on him

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Yup, risky thats why there are rules to not completely guard myself from trouble but helps.

Please keep the thread for loan confirmations only. Thanks!

@True OC: Just a small warning to you from my experience from the past month. It seems to me that people more and more don?t take care of paying back the loans.
Currently I have 7 loans running in shark - 6 of them are defaulted
I made two loans in the marketplace (which I never did before and will never do again) for a total of 15k - both are unpaid for several month now.
BTW: I only loan to long term and active members....

I gotta agree with Azreal on this one. Understandably you are putting rules into place to protect yourself, but you know how it all works.

I have ONE large loan that defaulted, and unfortunately it only took one for me not to loan anything out more than 500pts. I don't do loans through the marketplace, since there are no safeguards.

If this works for you, that's great. If it doesn't, well, you'll know why.

Quote:

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Originally Posted by TrueOC

Please don't spam in here or beg. Thanks!

This thread is just for approved loans with agreed/confirmation details.

Bubble me if you want to apply. Dont post asking to apply

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put da mother fucking money in da bag ! lol but forreal this isnt a good idea bro :)

Quote:

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Originally Posted by lilg97

put da mother fucking money in da bag ! lol but forreal this isnt a good idea bro :)

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I don't think it's a bad idea. You need to be really careful who you fuck with though.

This is a bad idea imo and you do realize even with them posting in here as confirmation, there is no recourse if they don't pay. These are solely at your own risk.

Be prepared to lose alot of points.