Flip_Toss Loan gone bad!

Flip_Toss Came to me Dan7714 begging for a loan. I was up on my luck and told him to set up in loan shark. Flip_Toss stated he was unable to because he had a loan out for 2800 in there. After an hour of talking I agreed to Loan him the 2800 to pay off the loan shark through Market place with these terms... He wanted to barrow 6800 and agreed to pay off the loan with the 2800 in loan shark and I would loan him the extra 4000 and add the interest of 800 and the loan of 2800 into the loan shark loan to compress all loans into one with interest.
2800+4000+800= 7600
Flip_Toss set up a 4000 loan request in loan shark I excepted and added the market place loan 2800 as well the 800 into interest area for a total payback of 7600 in 10 days.
Flip_Toss then played stupid and took a loan in loan shark from someone else and refused me interest as well has yet payed me back. I caught him playing in poker with 10k and demanded a payback but only payed 1200 and says he has 4 other loans that have to be paid first before I receive the 1600.
These people are dirty as well play games to trick people into interest loans with a scam to duck out of them!

GL, its a bad loan..not much will happen

How long has he had the loan? Seems to me you haven't given him enough time to pay it. Also harrasing someone while a loan is in progress is just gonna piss them off and make them not want to pay.

never got that
Loaner: can you pay yet
Degen: not yet trying to get money
(couple days)
Loaner: How bout now?
Degen: zomg you harrassing me, now fk that i dont wanna pay

How these people get thru normal day to day life is beyond me, just cause its online, dont mean the loan not IRL

couple of things

firstly to the op...i hope u learn from your mistakes and realise just how fucking stupid you are, the red flags were there...i mean REALLY if someone cant pay back one loan what makes u think they can afford another one thats almost three times the size??? personally if u dont get your points back its your own damn fault but if this thread stops another moron from loaning to a degen then at least some good will come of it

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Originally Posted by Paisleysky

How long has he had the loan? Seems to me you haven't given him enough time to pay it. Also harrasing someone while a loan is in progress is just gonna piss them off and make them not want to pay.

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you my friend are scum taking that attitude for a number of reasons
first the guy took out a loan to pay a loan, then took someone elses offer in the shark and to begin with flat out refused to pay the 2800...thats a SCAM and moves it into a whole diff territory to just defaulting
second if the guy has 10K points in client he is clearly not so poor to pay back 2800 and after what the guy did to the op the op has every right to DEMAND that he pay him
thirdly (though this is probably an extension on the second point) why would u prioritise loans the guys basically said he has 5 loans out and yet is playing in client...that is straight up wrong and whilst i believe that through the ops and anyone else who has loaned him deserves to lose there points for stupidity i do belive that zab should take every last point out of his account pay the people he owes with them and ban the fucker from using the site again we dont WANT and we dont NEED degens like him ruining the site for the rest of us

If I am understanding this it didn't actually work out to be a "typical" bad loan. Yes, it was a stupid way to do it but all of the points dan is owed are in the loan shark right? Again Yes he ignorantly loaned him 2800 in the market, but that amount was added as interest to the 4k loan that dan gave Flip in the shark. So it worked out like this dan7714 loan Flip_Toss 4000 in the loan shark and charged 3600 as interest(2800 from th market loan and 800 as interest on the 4k) . Since he added the 2800 from the market to the interest for the loan shark he will be able to get the full amount back when he debt collects right? If the guy had 10k in his account why didn't you debt collect right then and there?

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Originally Posted by nab76

If I am understanding this it didn't actually work out to be a "typical" bad loan. Yes, it was a stupid way to do it but all of the points dan is owed are in the loan shark right? Again Yes he ignorantly loaned him 2800 in the market, but that amount was added as interest to the 4k loan that dan gave Flip in the shark. So it worked out like this dan7714 loan Flip_Toss 4000 in the loan shark and charged 3600 as interest(2800 from th market loan and 800 as interest on the 4k) . Since he added the 2800 from the market to the interest for the loan shark he will be able to get the full amount back when he debt collects right? If the guy had 10k in his account why didn't you debt collect right then and there?

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no, you understand it wrong, (surprise surprise)
tbf if he had done that it would of made more sense

dan loaned flip 2800 in mkt to pay off the loan in shark
flip paid loan in shark
flip then made loan for 4000 in shark
dan added the loan amount of 2800 p[lus 800 interest in shark
flip took SOMEONE ELSES loan offer in shark
leaving dan 2800 points out of pocket

but again even if he did take the loan offer then debt collecting wouldnt be an option...as well as flip being in client wouldnt be happening because when u go into default u lose access to client

I want to make it very clear that I am not defending flip_toss or defending the loaning of points in the shark. Im just trying to say that from my understanding of the debt collector dan should be able to get everything back

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Originally Posted by azreal1

no, you understand it wrong, (surprise surprise)
tbf if he had done that it would of made more sense

dan loaned flip 2800 in mkt to pay off the loan in shark
flip paid loan in shark
flip then made loan for 4000 in shark
dan added the loan amount of 2800 p[lus 800 interest in shark
flip took SOMEONE ELSES loan offer in shark
leaving dan 2800 points out of pocket

but again even if he did take the loan offer then debt collecting wouldnt be an option...as well as flip being in client wouldnt be happening because when u go into default u lose access to client

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thank you for explaining it. but why did you have to be a dick and add the surprise surprise comment? did u jsut want to make sure that you could never be accused of being nice?

so if flip would have accepted dans loan of 4k with 3600 interest and then defaulted dan could have debt collected for the full amount right?

i was just informed that flip ran off with a stake as well, dont think this guy is to much longer for this site.

I'm not defending Flip_Toss, I was critizing the way Dan went about trying to get his points. I witnessed the conversation in client between the 2 of them. All I was saying was that apparently Dan was asking for payback before the loan was due and I didn't think he should do that. Flip owes me points as well. So this is of personal interest to me. He will either get his shit together or he won't. Only time will tell at this point.

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Originally Posted by nab76

so if flip would have accepted dans loan of 4k with 3600 interest and then defaulted dan could have debt collected for the full amount right?

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debt collect yes but collect on insurance would have only given him the 4K loan in shark as insurance doesnt cover for interest

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Originally Posted by Paisleysky

I'm not defending Flip_Toss, I was critizing the way Dan went about trying to get his points. I witnessed the conversation in client between the 2 of them. All I was saying was that apparently Dan was asking for payback before the loan was due and I didn't think he should do that. Flip owes me points as well. So this is of personal interest to me. He will either get his shit together or he won't. Only time will tell at this point.

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if it was a bog standard loan whilst abit shitty the loaner is still well within his rights to ask for payback early, the thing with this loan is the way flip clearly scammed the dude out of 2,800 points which means all bets are off and payback should be made immediately especially if the guy is fucking all his points off in client

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Originally Posted by Paisleysky

I'm not defending Flip_Toss, I was critizing the way Dan went about trying to get his points. I witnessed the conversation in client between the 2 of them. All I was saying was that apparently Dan was asking for payback before the loan was due and I didn't think he should do that. Flip owes me points as well. So this is of personal interest to me. He will either get his shit together or he won't. Only time will tell at this point.

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There was no specific due date for the 2800 points dan gave him in market, because it was never intended for Flip_toss to only borrow those points. Flip_Toss scammed those points as soon as he accepted a loan shark offer from someone other than dan. Dan loaned him the 2800 in the market with the condition that Flip_Toss would use those points to pay off his current shark loan and then accept the 4k from dan with the 3600 interest points. IMO Dan has the right to ask for those points back as often and as aggressively as he sees fit since they were taken from him fraudulently.

the loan was not do n i paid half early to him when he busted out of consideration

he bubble me like 90 times cause he wanted early for amazon . wasnt do n amazon was not goin outa buiss.

at wits end i was gonna end it n pay him the 1600 left b he disputed it when it was not do so i couldnt . cause he was pissed that i didnt mind him he fig to give me a bad rap w this . ive never default on anything .. just that approach towards another member something should be done . hes new here . i wasn't aware thats how we do each other

he also tried to add 5k intrest on 4k loan clearly not the plaAN WHY i didnt accp it

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Originally Posted by FLIP_TOSS

he also tried to add 5k intrest on 4k loan clearly not the plaAN WHY i didnt accp it

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no the idea was that u consolidate the points he gave u for the original loan and the loan he was then going to give u in shark...the interest was valid dont play dumb u are the one that broke terms

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Originally Posted by Paisleysky

How long has he had the loan? Seems to me you haven't given him enough time to pay it. Also harrasing someone while a loan is in progress is just gonna piss them off and make them not want to pay.

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Lets read the entire post before making a senseless statement! He broke the deal after receiving the 2800 in turn it was stolen from me!

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Originally Posted by azreal1

no the idea was that u consolidate the points he gave u for the original loan and the loan he was then going to give u in shark...the interest was valid dont play dumb u are the one that broke terms

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Thank you for understanding the facts and how the loan was worked out.. ZAB Can verify our chat because its all in there. Maybe this is why he was trying to get me to go to Skype to talk about secrets guys an idiot

obv you had this planed out from beginning ..

ive never had bad feedfack or defualt or disputed

have done with alot of players . i guess eventually you catch bad ones .

and imagine your both brand new here

ill never make this mistake again ..

only long term members now

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Originally Posted by FLIP_TOSS

the loan was not do n i paid half early to him when he busted out of consideration

he bubble me like 90 times cause he wanted early for amazon . wasnt do n amazon was not goin outa buiss.

at wits end i was gonna end it n pay him the 1600 left b he disputed it when it was not do so i couldnt . cause he was pissed that i didnt mind him he fig to give me a bad rap w this . ive never default on anything .. just that approach towards another member something should be done . hes new here . i wasn't aware thats how we do each other

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You go back to school please! Flip_Toss I see so many people in client ask you for money back just like sweet 1500 that they say they gave up on a long time ago. You owe so many so much and continue to get loans to partial pay loans to keep people silent. You are a liar and manipulator . You say I go bust so what there many more points to be earned and bought. I have money more than you can dream of ever having. Several people I have purchased points from including you and that's the way it goes. I will tell you this I would have bought from someone else if I would have known you owed half the people on this board that have not come forward yet. Get a life Im done playing at the tables here as long as you are here or aloud to get loans from here.

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Originally Posted by FLIP_TOSS

obv you had this planed out from beginning ..

ive never had bad feedfack or defualt or disputed

have done with alot of players . i guess eventually you catch bad ones .

and imagine your both brand new here

ill never make this mistake again ..

only long term members now

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Dude.... right now "long term members" are looking at you and telling you what's what. No matter how you explain or justify, you are looking bad right now.... and every post you make, it just gets worse.

I have no bone to pick with you so this advice is from a neutral party: You need to stop talking and fix these TWO issues asap.

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Originally Posted by TONelson

Dude.... right now "long term members" are looking at you and telling you what's what. No matter how you explain or justify, you are looking bad right now.... and every post you make, it just gets worse.

I have no bone to pick with you so this advice is from a neutral party: You need to stop talking and fix these TWO issues asap.

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Funny he makes the same comment in my Thread also Not So Clever

It would help your image more just to man up and pay your debts instead of trying to rationalize your mistakes. You keep stating you have been a long time member, so show it and make an attempt to make amends with your debtors. There have been times things in life that happened which caused me to be late on a few loans, but I do my best to communicate with my debtors in cases like that. That is how you prevent tarnishing your record. Just my opinion/advice.

Fliptoss Pay your loans man wtf are you doing ,i see you playing in client alot ,stay out of there and pay your loans.

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Originally Posted by FLIP_TOSS

he also tried to add 5k intrest on 4k loan clearly not the plaAN WHY i didnt accp it

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Lets show everyone right now how much Of a liar you are hahaha!!! You do know that interest cant exceed the loan ? Let me answer for you ... No you did not know because you just stated here that I tried to add 5k interest on a 4k loan in the loan shark. NOT POSSIBLE HAHAHA. Anything else you can twist up into with your lies. I demanded payment because you lied and took the 2800 and never finished finale terms in loan shark as agreed and promised. Anything else you can try to drum up to convince all these people you are a trustworthy person?

http://www.pokerowned.com/forums/f26...out-28116.html

i had your points np to give them to you now there do

Dude you got exposed hardcore today by a few people and couldn't provide zab proof that you were right. You're not a victim in this no matter how hard you try, just man the fuck up and pay your debt.

http://i47.tinypic.com/a2qb1j.jpg

a due date is there 4 a reason . i gave u half when u busted . what i could spare . tonigh t ill ship u rest np

i got exposed 4 nothing these guys r here 2 months im here for years n not 1 dispute ever .Ever. if i did what they said id have 500 by now . there new n app trouble starters thats all i was told not to mess with new members i got it down now bet that . im not gonna try n prove myself anymore to anyone . those that matter to me know me and what i am or am not . thats what matters .

un fair tho that it has caused problem 4 a long time member by someone who just found this months ago . i put trust with my neighbor not guy walking down the street

If you are going around asking strangers for marketplace loans because you already have other loans, then yeah dude, you got exposed. No one should have 4-5 loans at once as we've seen plenty of people here dig a hole and never get out of it.

Also, its obvious from the stake you were on that you didn't follow the bankroll OR communication rules that IDoThisFor set for you.

So that's a bunch of bullshit in one day that you got exposed on. I'm done with this conversation since its a never ending spiral - man the fuck up, pay your shit, and stop losing what you can't afford to spend in client.

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Originally Posted by FLIP_TOSS

i got exposed 4 nothing these guys r here 2 months im here for years n not 1 dispute ever .Ever. if i did what they said id have 500 by now . there new n app trouble starters thats all i was told not to mess with new members i got it down now bet that . im not gonna try n prove myself anymore to anyone . those that matter to me know me and what i am or am not . thats what matters .

un fair tho that it has caused problem 4 a long time member by someone who just found this months ago . i put trust with my neighbor not guy walking down the street

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send me a picture of your feet with baby pink polish on and i'll ship you points.

ok as always ur right rivd what i should or shound have . n again never 1 default ever . pay attention .

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Originally Posted by FLIP_TOSS

ok as always ur right rivd what i should or shound have . n again never 1 default ever . pay attention .

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no default in shark ever maybe*

if u get market place loans to cover your shark loans then ure not going to go into default

its much like getting 3 or four credit cards and paying each one off with the other one whilst getting a larger limit on each each time you do...ure never actually out of debt u just make it seem like you are

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Originally Posted by azreal1

no default in shark ever maybe*

if u get market place loans to cover your shark loans then ure not going to go into default

its much like getting 3 or four credit cards and paying each one off with the other one whilst getting a larger limit on each each time you do...ure never actually out of debt u just make it seem like you are

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Ponzi scheme FTW!!!! :cool:

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Originally Posted by s810car

Ponzi scheme FTW!!!! :cool:

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actually its more like money laundering lol but ponzi scheme isnt too far off either lol, with a ponzi scheme u ask for more than u need and slice the profits...flips not that smart

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Originally Posted by azreal1

actually its more like money laundering lol but ponzi scheme isnt too far off either lol, with a ponzi scheme u ask for more than u need and slice the profits...flips not that smart

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Well obv the profit comes from playing in client lmao, this thread funny in a sad way, its waaay too dam common nowadays, only the names and amt differs

LOL ooohhhhh FLIP!!!! Im not taking sides but I do want to point out the fact that you've been a member since 2011 and you've only made 166 posts since you joined lol that's less than 5 posts a month! I just find that funny, you use the "member since 2011" card a lot but what are you actually contributing to this community??