Complete Zyger's Short Term Loans

Discussion in 'Loans' started by Zyger, Oct 2, 2017.

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  1. Zyger

    Zyger Middleman
    DIAMOND Thread Starter

    Posts:
    130
    Ratings:
    +66
    Hello everyone!

    I'm starting up a loaning service that will provide relatively reputable users with small short term loans between $5 and $30, which will be loaned via PayPal G&S.

    The interest for these loans will be calculated by the amount that has been loaned to you, and the amount of days you require to pay it back.

    D = amount of days till the loan will be paid back
    L = the amount that will be loaned to you

    $5 - $10: ((0.15 * D) + 1) * L
    $10 - $20: ((0.125 * D) + 1) * L
    $20 - $30: ((0.1 * D) + 1) * L

    Then rounded to the nearest $0.50.

    For example, if the loan were to be $15, for 3 days, then the interest would be calculated like so:

    D = 3, L = 15

    (0.125 * 3) * $15
    => 0.375 * $15
    => $5.625
    => $5.50 (rounded down)

    When you pay back the loan, you will need to refund the payment I sent, and then send the interest to me through PayPal F&F.

    If you would like to apply for a loan, please fill out these details below, and then reply to this thread with it.

    Code:
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    Please do not hesitate to ask me any questions.

    Thanks,
    Zyger.
     
    • Vouch Vouch x 1
  2. NeilVek

    NeilVek Trader
    BANNED

    Minecraft Accounts: blueviper5 Vexonic Transposing
    Posts:
    41
    Ratings:
    +1
    How much are you needing?
    (answer) $10

    How long are you needing it for?
    (answer) Right now.

    What do you need it for?
    (answer) for my altshop.

    How will you gain the money to repay me?
    (answer) in october 5
    Banned Reason: Scamming The User #3518 (snapchat) #2793 (Hurt) #124 (Combat_Log) #82 (Damial) #3283 (TCR_Reaper) #3780 (Pumpkabo) #3880 (Negative) in Disputes #6815 #6819 #4824 #6816 #6820 #4821 ##4729 Ban Ends: Never
     
    • Funny Funny x 4
  3. Andreww

    Andreww ◆ Fonder of Sapphire Setups ◆
    BANNED DIAMOND

    Minecraft Accounts: DoctorAndew Brooksville
    Posts:
    51
    Ratings:
    +6
    How much are you needing?
    $15

    How long are you needing it for?
    ASAP

    What do you need it for?
    I need it for a important phone part and I don't get paid till next week and I need it as I can't afford a new phone.

    How will you gain the money to repay me?
    October 12th
    Banned Reason: Scamming The User #920 (Zyger) Ban Ends: Never
     
  4. Zyger

    Zyger Middleman
    DIAMOND Thread Starter

    Posts:
    130
    Ratings:
    +66
    That'll be $24 return, PM me to discuss this further.
     
  5. Resampling

    Resampling Active Trader
    BANNED

    Posts:
    11
    Ratings:
    +1
    How much are you needing? $15
    (answer)

    How long are you needing it for?
    (answer) asap

    What do you need it for?
    (answer) I want to buy an MC account and I'm this short

    How will you gain the money to repay me?
    (answer) I get a paycheck on Monday, so I will repay you by Monday.
    Banned Reason: Alternative Account of #2157 (lidl) Ban Ends: Never
     
  6. Colonel

    Colonel Dedicated Trader

    Minecraft Accounts: Colonel Rex SAO
    Posts:
    32
    Ratings:
    +2
    How much are you needing?
    $22

    How long are you needing it for?
    Need it ASAP because sale ends on the first

    What do you need it for?
    Dying Light

    How will you gain the money to repay me?
    I can pay it by selling 'Colonel' on the 5th (Someone wants to buy for a good price so I can pay back like $32)
     
  7. Zyger

    Zyger Middleman
    DIAMOND Thread Starter

    Posts:
    130
    Ratings:
    +66
    How much are they offering for it?
     
  8. Colonel

    Colonel Dedicated Trader

    Minecraft Accounts: Colonel Rex SAO
    Posts:
    32
    Ratings:
    +2
    $80
     
  9. Earn

    Earn Trader
    BANNED

    Posts:
    35
    Ratings:
    +6
    How much are you needing? 12$
    (answer)

    How long are you needing it for? 1 week
    (answer)

    What do you need it for? Minecraft giftcode for a snipe
    (answer)

    How will you gain the money to repay me?Selling optifine capes, steam codes
    (answer)
    Banned Reason: Charging back against MCTrades Ban Ends: Never
     
  10. NarutoAlts

    NarutoAlts New Trader
    BANNED

    Posts:
    8
    Ratings:
    +2
    #10 NarutoAlts, Nov 11, 2017
    Last edited: Nov 13, 2017
    -
    Banned Reason: Admitting to Scamming #4995 (Hurtless) - Dispute #6832 Ban Ends: Never
     
  11. wagwag

    wagwag Active Trader

    Posts:
    2
    Ratings:
    +0
    How much are you needing?
    15$

    How long are you needing it for?
    Maximum 2 weeks.

    What do you need it for?
    Steam game.

    How will you gain the money to repay me?
    I make graphic designs.
     
  12. WookieCode

    WookieCode Trader
    BANNED

    Posts:
    43
    Ratings:
    +2
    How much are you needing?
    15 USD

    How long are you needing it for?
    1 Day

    What do you need it for?
    For my Domain

    How will you gain the money to repay me?
    Parents + Job in a Restaurant.
    Banned Reason: Scamming The User #4995 (Hurtless) - Dispute #7123 Ban Ends: Never
     
  13. KingKenzie6621

    BANNED

    Minecraft Accounts: superscript
    Posts:
    1
    Ratings:
    +0
    I need $20
    Banned Reason: Evading a Ban Provisioned to #672 (Dog/Might) Ban Ends: Never
     
  14. N I C K

    N I C K Active Trader

    Posts:
    15
    Ratings:
    +2
  15. Hurtless

    Hurtless \\ Server Owner //
    EMERALD DIAMOND

    Minecraft Accounts: Applicants Fretting Epeolatry
    Posts:
    131
    Ratings:
    +28
    Highly suggest you close this. I loan to 3 people who I though would at pay it back (i.e had been registered for a bit and few posts) and got scammed by all of them. Just be careful :)
     
  16. Zyger

    Zyger Middleman
    DIAMOND Thread Starter

    Posts:
    130
    Ratings:
    +66
    Yeee I've basically stopped doing loans for now, I charged back all the failed loans anyway
     
    • Like Like x 1
  17. 666

    666 Trader
    BANNED

    Posts:
    24
    Ratings:
    +3
    so no loans? i was about to ask for a $5 one :V
    Banned Reason: Scamming User #593 (superjay204) - Dispute #9920 Ban Ends: Never