I am looking to loan someone points, jw what is the norm interest rate for a person with 100% (rep?)? I assume you would charge a person with less rep more of an interest rate due to risk of loaning?
Printable View
I am looking to loan someone points, jw what is the norm interest rate for a person with 100% (rep?)? I assume you would charge a person with less rep more of an interest rate due to risk of loaning?
Sorry if this is the wrong forum.
I would be loaning out, just asking if there is a set rate of standard rate people loan out with.
Also does the poker client track stats of poiints won/lose?
Is there rake?
Be careful loaning. Right now I have over 10k in default that I loaned to people with 100% ratings that have been here for a long time.
Will do, just getting into loaning out small amounts to get a feel for the software
25% on 100 standard?
you shouldn't really look to give out loans alot of ppl default.
I don't think there really is a standard.
I was wondering what the standards are for awhile myself. For awhile nobody was accepting my offers, so I guess they were too high. The one loan I took out I was surprised how low the interest was since it was my first loan, but I guess I had enough other factors on my side.
I've always been curious, how do you repay a loan? Chip dump on the client?
no one will tell u to do that
lol not many trustworthy people huh
how many pts do u need?
have u looked in market place to see if anyone will h4ep
Yeah as Poofy said you have to be very careful about loaning. One needs to look no further then the wall of shame to see that loaning and degens here dont mix well!