Just a heads up to people loaning in the Loan Shark section of the site. I have had 3 people default on me this week, with no communication and all who had seemingly great histories. Seems like no one has much integrity anymore.
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Just a heads up to people loaning in the Loan Shark section of the site. I have had 3 people default on me this week, with no communication and all who had seemingly great histories. Seems like no one has much integrity anymore.
That stinks! I never borrow points! Hope you get the back soon!Quote:
Originally Posted by BradysDad
least u loaned in shark...really isnt a need for a thread tbh u can collect insurance and get ure initial loan back...also the debt collector use it its what its there for...and add negative feedback so people know that these people have defaultedQuote:
Originally Posted by BradysDad
as well as this if they buy coupons they have to pay more and that % goes to you and finally they are cut off from promos so say one of your defaulters wins b2b...he wont get it and a portion from what he would have won goes to pay your loan....
so again well done for doing it in shark like ure supposed to...but really a thread for this especially without names is just a waste of time
that shit sucks, they should ban players like that!! u are nice enough to help them out, then they shit on you!!! thank god i only loan to people i really know and have always gotten my points back
u errr didnt read my post did u :|Quote:
Originally Posted by tracyrickrobby
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.
so out of three loans 2 of em dafaulted and same thg they had good backround. i know one of the names is woodmaiden and the other i gotta find. but if u go to debt collecter it tell u the pts they have and when they last logged in. both haven't been on in while. And one of them i checked back a day later and he was up to minus 3200 pts. how is that possible?
that sucks man. its like giving your hard earn points away.
Be careful loaning anything to anyone having to do with poker, unless you do it going in beforehand that you will likely never see this money again.
One of my debtors has a negative point amount, how is that possible?Quote:
Originally Posted by newdaddyhere
ya sux im owed a loan in market for 4K =(.....need that 4K zizzle
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.Quote:
Originally Posted by BradysDad
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 :)Quote:
Originally Posted by BradysDad
dont loan in market people keep getting told and no one ever listens...own fault no sympathyQuote:
Originally Posted by FAQdumASS
ya i know...lol...done it many times for people i know....guess i didnt know him to well...lol =(Quote:
Originally Posted by azreal1
if you know stop crying about it, and stop with the unhappy face it make u look like a tool...u used the market for something it wasnt ment to and u are suffering for it...quite rightly 2Quote:
Originally Posted by FAQdumASS
why would you want to loan and take a chance of loseing your points.
I guess I am too naive and willing to trust people will be true to their wordQuote:
Originally Posted by DuckU408
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Originally Posted by BradysDad
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Originally Posted by DuckU408
clearly people cant read and/or are just being ignorant to what the informed members are telling them
if you loan in shark there is NO risk to your points...you WILL get the original amount loaned back one way or another it will just take a lil more time the ONLY points that are not GTD are the ones YOU charged as interest
how are people NOT getting this
http://l-userpic.livejournal.com/39098418/3910996
I don't loan in loanshark, there are too many ppl that default and don't pay back and I don't want to lose my points that way.
Too bad there isn't a way to get your points back, like insurance or something... LOL jk \/
I think they are just putting as much effort into reading this thread as they do into improving their games.Quote:
Originally Posted by azreal1
insurance pays it all eventually, just not all at once, you have to apply every 7 daysQuote:
Originally Posted by BradysDad
oops guess i should have read the whole thread, someone already said this, lolQuote:
Originally Posted by mommahud
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.
i only loan to players i know!! and have always gotten my points back!! safer that way!!
i dont bother loaning people anymore. and insurance is useless when it gets down to less than 500 points. i got 16 points from insurance yesterday after loaning someone in early may and applying insurance every week.
I will just be more careful in selecting people I loan to.