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?
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Thread: Loaning
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02-07-2013, 11:39 AM #1
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Loaning
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02-07-2013, 11:40 AM #2
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Sorry if this is the wrong forum.
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02-07-2013, 11:48 AM #3
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02-07-2013, 11:50 AM #4
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I would be loaning out, just asking if there is a set rate of standard rate people loan out with.
Last edited by upay4mytreez; 02-07-2013 at 11:54 AM.
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02-07-2013, 11:54 AM #5
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Also does the poker client track stats of poiints won/lose?
Is there rake?Last edited by upay4mytreez; 02-07-2013 at 11:57 AM.
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02-07-2013, 02:20 PM #6
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02-07-2013, 07:03 PM #7
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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.
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02-07-2013, 08:55 PM #8
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Will do, just getting into loaning out small amounts to get a feel for the software
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02-07-2013, 08:56 PM #9
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25% on 100 standard?
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02-07-2013, 09:00 PM #10
you shouldn't really look to give out loans alot of ppl default.
I don't think there really is a standard.