Interest Free Loan Service
I'll launch the service 1 week after the ban on mixers is in. Loan applications will be considered from Jan 7th 2024.
The service's open to users who want interest free loan between $10-$100 max for up to 21 days max.
Who can apply _\Any user who's got crypto collateral to the value they're applying for.
Any user who's in a paid signature-avatar campaign.
Is it really interest free? _\Yes it's interest free. I'm lending for up to 21 days max. All I'm asking is you repay the full amount on the agreed date.
If you want to include a tip with your repayment it'll be accepted with thanks.
How much can be applied? _\The amount's capped at your week sig campaign pay up to $100.
For example if you've applied for $21 or more but your sig campaign pay's $20 week you can't because the max you should apply for is $20.
If you apply for $51 or more but your sig campaign pay's $50 week you can't because the max you should apply for is $50.
If your sig campaign pay's $35 week you can apply for $10-$35.
If your sig campaign pay's $72.50 week you can apply for $10-$72.50.
If your sig campaign pay's $200 week you can apply for $10-$100.
When does it get repaid? _\Unless we've agreed differently all loans must be repaid by 21 days. If the loan's repaid sooner it'll be appreciated because funds will be available to other applicants.
When you repay the loan you aren't obliged to include a tip but you'll have to return the loaned amount including tx fees I've incurred to send it to you.
For example if you've borrowed $50 USDT but it's cost $1.15 to send it you must return $51.15 USDT. If you've borrowed 0.0013
BTC but it's cost 0.000065
BTC to send you must return 0.001365
BTC.
I'll give more info on how you're to apply & explain any rules changes before the service's officially open.