>>loan thread + comp + earn<<

[slight of hand]

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Hi,

thought this may help people to upgrade.

im setting this thread up to start loaning out F$

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it works by people requesting loans throught this thread.

people can also offer to pledge money in this " loan thread "

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if you need a loan between f$1 - f$1000 to upgrade, submit to this thread.

1 ) you need to have more than 50 threads
2 ) the amount you borrow + you own F$ must equal upgrade cost.
3 ) you must upgrade!
4 ) interest is %30. ( eg borrow f$1000 payback f$1300 )
5 ) you must pay as soon as you have the f$.

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if you would like to pledge money into this " loan thread "

1 ) min amount is f$500 max f$1000
2 ) post in this thread amount wish to donate


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the clever fun bit...........

the person who pledges, gets back their money + %15 percent.

the other %15 goes in prize fund which "pledgers" can win every month


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this all based on trust and people mis use this will at minimum be

"frowned upon"

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pledgers can donate to me. I do this because it will be easier to track "pledgers and borrowers"

i will keep a log in this thread of f$ in my account and the " loan thread "

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well thats it, hope this take off.

also i have no idea how to work the comp, so suggest away!!

i'll pledge f$1000

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log:
me f$ 1,159
thread : f$ 1,000

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the thread can be seen and posted at here :

http://www.dnforum.com/f27/loan-thread-comp-earn-thread-153291.html