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The "Everybody else is doing it so why don't I" collateralized loan thread

Author
Dethmourne Silvermane
Silvermane Holdings LTD
#1 - 2012-11-09 06:41:30 UTC  |  Edited by: Dethmourne Silvermane
You give me sufficient collateral (generally in a location that is either Jita-contiguous highsec or another location that I feel comfortable accepting it in), I give you ~90% of that collateral's worth as a loan. Rates as follows:

1 week - 1.5%
2 week - 3%
3 week - 4.5%
4 week - 6%

etc.

I dont' work off months, and if you need to extend a loan you need to let me know before your stuff gets blapped to the market (generally will happen ASAP after you're late).

EDIT: 100m - 1b for now.

Interested Party (TM)

Vera Algaert
Republic University
Minmatar Republic
#2 - 2012-11-09 09:10:29 UTC  |  Edited by: Vera Algaert
The only TEST members someone outside the HBC should ever do business with are diplomats that use one of the characters listed in the alliance description.

The idea that after joining TEST you can just roll into MD, advertise your little rental scam and in the same breath ask for the community's trust & business is imo ludicrous. As someone who has been around for a few years you should know better than that.

edit:
Quote:
Alliance Leader:
Montolio

The Dude:
rob3r

Diplomatic Contacts:
leetcheese - Head Diplomat
Walter Stine - Diplomat
Viktor Villiance - Diplomat
Guillane Itaril - Diplomat (German & Chinese)
Backtrace - Diplomat (Russian)
Dr Kang - Diplomat (Corporate Recruitment)

Rental Contacts:
Dirk Action
Fal1en

Other diplomats: damarcus, lucia tarjin, dirk action, fal1en, jet balsa, townsend harris, baron spank, Eliphal, crashys


Test Warning Please Ignore:

If someone tells you it costs money to get in, you are being scammed and you deserve it for not reading this.

All official Test Alliance Please Ignore sites are under the pleaseignore.com domain. Any other address is probably a scam.

If someone who is not listed above is saying it will cost ISK to set standings or offers to rent you space, you are also being scammed.

No we will not return your money if you were scammed unless you are one of our blues, sorry.

.

Dave stark
#3 - 2012-11-09 11:22:51 UTC
Vera Algaert wrote:
The only TEST members someone outside the HBC should ever do business with are diplomats that use one of the characters listed in the alliance description.

The idea that after joining TEST you can just roll into MD, advertise your little rental scam and in the same breath ask for the community's trust & business is imo ludicrous. As someone who has been around for a few years you should know better than that.

edit:
Quote:
Alliance Leader:
Montolio

The Dude:
rob3r

Diplomatic Contacts:
leetcheese - Head Diplomat
Walter Stine - Diplomat
Viktor Villiance - Diplomat
Guillane Itaril - Diplomat (German & Chinese)
Backtrace - Diplomat (Russian)
Dr Kang - Diplomat (Corporate Recruitment)

Rental Contacts:
Dirk Action
Fal1en

Other diplomats: damarcus, lucia tarjin, dirk action, fal1en, jet balsa, townsend harris, baron spank, Eliphal, crashys


Test Warning Please Ignore:

If someone tells you it costs money to get in, you are being scammed and you deserve it for not reading this.

All official Test Alliance Please Ignore sites are under the pleaseignore.com domain. Any other address is probably a scam.

If someone who is not listed above is saying it will cost ISK to set standings or offers to rent you space, you are also being scammed.

No we will not return your money if you were scammed unless you are one of our blues, sorry.


how much would i have to smoke to be that paranoid?
Yuki Kasumi
Some names are just stupid
#4 - 2012-11-09 15:51:20 UTC
Dave stark wrote:

how much would i have to smoke to be that paranoid?


Not very much. Personally I wouldn't touch this with a stick. Not to mention that your rates are rather steep.

Just my two cents
shashanana
Doomheim
#5 - 2012-11-09 18:39:47 UTC
I too wish to buy lots of stuff at 10-15% discount. Sell it to me instead. I mean, give it to me as collateral instead.
shar'ra matcevsovski
Doomheim
#6 - 2012-11-09 20:00:33 UTC  |  Edited by: shar'ra matcevsovski
Dethmourne Silvermane wrote:
You give me sufficient collateral (generally in a location that is either Jita-contiguous highsec or another location that I feel comfortable accepting it in), I give you ~90% of that collateral's worth as a loan. Rates as follows:

1 week - 1.5%
2 week - 3%
3 week - 4.5%
4 week - 6%

etc.

I dont' work off months, and if you need to extend a loan you need to let me know before your stuff gets blapped to the market (generally will happen ASAP after you're late).

EDIT: 100m - 1b for now.

well, you tried...but hey at least nobody can say you wasted a lot of time with this one. genius payout system tho:lol

shar'ra phone home

Demolishar
United Aggression
#7 - 2012-11-10 13:37:42 UTC
lol overcollateralised loan
Nanatoa
#8 - 2012-11-10 14:29:42 UTC
Everybody else may be doing it, but everybody else is doing it at way lower rates than you do

"Stay the course, we have done this many times before." - (CCP) Hilmar, June 2011

Val'Dore
PlanetCorp InterStellar
#9 - 2012-11-10 14:56:57 UTC
Test Scam Please Ignore

Star Jump Drive A new way to traverse the galaxy.

I invented Tiericide

Dethmourne Silvermane
Silvermane Holdings LTD
#10 - 2012-11-10 23:03:49 UTC
It's so adorable that, when I wasn't in TEST, people did this through me and loved me for it. I spend a little time off the forums, join TEST, and suddenly I'm clearly an evil scammer.

Ah, EVE-O, never change.

Interested Party (TM)

Dethmourne Silvermane
Silvermane Holdings LTD
#11 - 2012-11-10 23:06:54 UTC
Vera Algaert wrote:
The only TEST members someone outside the HBC should ever do business with are diplomats that use one of the characters listed in the alliance description.

The idea that after joining TEST you can just roll into MD, advertise your little rental scam and in the same breath ask for the community's trust & business is imo ludicrous. As someone who has been around for a few years you should know better than that.

edit:
Quote:
Alliance Leader:
Montolio

The Dude:
rob3r

Diplomatic Contacts:
leetcheese - Head Diplomat
Walter Stine - Diplomat
Viktor Villiance - Diplomat
Guillane Itaril - Diplomat (German & Chinese)
Backtrace - Diplomat (Russian)
Dr Kang - Diplomat (Corporate Recruitment)

Rental Contacts:
Dirk Action
Fal1en

Other diplomats: damarcus, lucia tarjin, dirk action, fal1en, jet balsa, townsend harris, baron spank, Eliphal, crashys


Test Warning Please Ignore:

If someone tells you it costs money to get in, you are being scammed and you deserve it for not reading this.

All official Test Alliance Please Ignore sites are under the pleaseignore.com domain. Any other address is probably a scam.

If someone who is not listed above is saying it will cost ISK to set standings or offers to rent you space, you are also being scammed.

No we will not return your money if you were scammed unless you are one of our blues, sorry.


I'm not doing a rental scam; I've always been honest in my dealings with this forum and have no intention of changing that. I do find it absolutely adorable that you mention in basically the same breath that I've been around a few years - if you're familiar with me, you should KNOW that I've always been honest and truthful. If I were going to scam, the first thing I'd have done is quit paying the ~15b in debt I currently hold on this forum, and yet I faithfully pay my interest every month.

Learn to look beyond an alliance tag.

Interested Party (TM)

Ireland VonVicious
Vicious Trading Company
#12 - 2012-11-11 00:36:10 UTC
This should be ran as a pawn shop.

Pay out just above buy orders on items you think are worth it.

Give a set amount of days to retrieve your goods at a set rate.

Say 30 days 8% or you become owner of the goods.

You'll have to play the markets a bit and take on some risk.
Ji Sama
Akira Industries
#13 - 2012-11-11 11:04:02 UTC
The main problem here as I see it, is the lack of circle-jerking and thrusting.

I blame the Scc lounge :(
flakeys
Doomheim
#14 - 2012-11-11 12:13:43 UTC
After the MD elite died it was time for the circle to die , and so it did ...

We are all born ignorant, but one must work hard to remain stupid.

Dethmourne Silvermane
Silvermane Holdings LTD
#15 - 2012-11-11 17:16:52 UTC
Ireland VonVicious wrote:
This should be ran as a pawn shop.

Pay out just above buy orders on items you think are worth it.

Give a set amount of days to retrieve your goods at a set rate.

Say 30 days 8% or you become owner of the goods.

You'll have to play the markets a bit and take on some risk.


The idea is that you want to incentivize using this as a loan service - you'd want to pay out slightly BELOW buy orders, not above.

Interested Party (TM)

Val'Dore
PlanetCorp InterStellar
#16 - 2012-11-11 22:21:02 UTC
As a self described marketeer with an established history, you should have been keenly aware of what your current choice of association would do to your reputation or lack thereof. So don't pitch a fit because you threw your lot in with TEST. Suck it up like a man.

Star Jump Drive A new way to traverse the galaxy.

I invented Tiericide

Dethmourne Silvermane
Silvermane Holdings LTD
#17 - 2012-11-13 02:33:16 UTC
Val'Dore wrote:
As a self described marketeer with an established history, you should have been keenly aware of what your current choice of association would do to your reputation or lack thereof. So don't pitch a fit because you threw your lot in with TEST. Suck it up like a man.



As someone who had previously seen Goon investments do well in this subforum, I rather thought that people here were intelligent enough to look past a corp/alliance ticker.

Your loss, I guess; I'm putting my ISK to good use nonetheless - kind of easy to find ways to make money when you're part of one of the largest sov-holding blocs in the game Cool

Interested Party (TM)

Val'Dore
PlanetCorp InterStellar
#18 - 2012-11-13 02:40:14 UTC
I'm not losing anything. ;)

Star Jump Drive A new way to traverse the galaxy.

I invented Tiericide

Dethmourne Silvermane
Silvermane Holdings LTD
#19 - 2012-11-13 16:22:28 UTC
Ah, ma cherie, that's where you're wrong - but if you can't see what you've lost, there's no point explaining it to you.

Interested Party (TM)

Vargan Armer
Tribal Liberation Force
Minmatar Republic
#20 - 2012-11-13 16:31:58 UTC
Wow guys, he made himself seem really classy by using a french word. I think we should trust him.
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