Be careful loaning points

[BradysDad]

Insurance provides for 20% of my loan, but i am on the hook for the rest. A fourth person was nice enough to default on me today. I usually take the time to read over feedback and make smart loans, but I guess there is no honour in this business. If a player messaged me and at least told me I would have it in a week or 2, I could understand, but around here they just ignore their debts.

[madjek]

Insurance provides for 20% of my loan, but i am on the hook for the rest. A fourth person was nice enough to default on me today. I usually take the time to read over feedback and make smart loans, but I guess there is no honour in this business. If a player messaged me and at least told me I would have it in a week or 2, I could understand, but around here they just ignore their debts.

insurance covers entire loan, just not interest, you just have to reapply for it each week, you only get a payment each week, but you will continue to get it until it is paid in full, like i said, no interest. Also , people end up in negative when they scam offers and get pts, use pts, then zab gets charged back so he deducts pts, but if they are spent already, their acc't goes neg., don't know if there are other ways to go neg.

[azreal1]

Insurance provides for 20% of my loan, but i am on the hook for the rest. A fourth person was nice enough to default on me today. I usually take the time to read over feedback and make smart loans, but I guess there is no honour in this business. If a player messaged me and at least told me I would have it in a week or 2, I could understand, but around here they just ignore their debts.

20% until the original loan amount is paid for u have to keep claiming insurance once a week the only thing insurance doesnt cover is interest

[mommahud]

Insurance provides for 20% of my loan, but i am on the hook for the rest. A fourth person was nice enough to default on me today. I usually take the time to read over feedback and make smart loans, but I guess there is no honour in this business. If a player messaged me and at least told me I would have it in a week or 2, I could understand, but around here they just ignore their debts.

insurance pays it all eventually, just not all at once, you have to apply every 7 days

[mommahud]

insurance pays it all eventually, just not all at once, you have to apply every 7 days

oops guess i should have read the whole thread, someone already said this, lol

[VVickedKitty]

What insurance doesn't pay (interest) it makes up for by charging a default charge so you do get more than just the principle by debt collecting and insurance.