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Loans and micro loans service

First post
Author
Vaerah Vahrokha
Vahrokh Consulting
#1 - 2012-11-06 07:55:21 UTC  |  Edited by: Vaerah Vahrokha
Effective today it's possible to get a fast (generally < 24 hours delivery time) loan / bond from me.

Minimum amount is 500M, maximum 15B.
Interest rate is 1.8% for 1 week, 3% for 2 weeks, 4% for 3 weeks, 5% for 1 month.

Loan must have collateral, located at Jita IV CNAP.
In case collateral is in BPOs, collateral must cover 105% of the requested amount. They will be valued at NPC price unless they had expensive research on them. Researched BPOs are a pain to sell and the research would repay against the interest loss in case of default.
In case collateral is a liquid market item, it must cover 110% of the requested amount.
In case of illiquid items it will have to cover 120% of the requested amount.

In case the ISK is not given back within the next downtime past maturity date, collateral WILL be immediately dumped to market, whatever it is.
Vaerah Vahrokha
Vahrokh Consulting
#2 - 2012-11-07 16:47:05 UTC
Please keep the requests coming.

ATM there are 10B available left.
Vaerah Vahrokha
Vahrokh Consulting
#3 - 2012-11-08 11:01:32 UTC
I have been asked about extending loans and similar.

It works as follows:

- If you ask for 1 month loan then even if you give the ISK back before the month, you'll still be charged the month's interest.
Micro loans are too many to effectively track pro-rata interests calculations and so on.

- If you ask for say 1 week and then want to extend another week, you'll:

a) Important! Send me a mail stating your intention to extend the loan 2-3 days before the loan end.
b) Pay week 1 interest only at the end of the week.
b) At the end of the second week you eventually repeat from a) (in case you want to extend again). Otherwise I just create the contract of collateral back to you for the second week interest plus original principal.
Vaerah Vahrokha
Vahrokh Consulting
#4 - 2012-11-11 18:39:39 UTC
Vaerah Vahrokha
Vahrokh Consulting
#5 - 2012-11-16 07:59:59 UTC
19B available for loans now.
Vaerah Vahrokha
Vahrokh Consulting
#6 - 2013-01-12 22:15:49 UTC
Vaerah Vahrokha
Vahrokh Consulting
#7 - 2013-01-28 09:34:05 UTC
Service's still open, 10B available.
ISD Ezwal
ISD Community Communications Liaisons
ISD Alliance
#8 - 2013-05-14 13:22:06 UTC
Thread reopened at the polite request of the OP.

You're welcome. Smile

ISD Ezwal Community Communication Liaisons (CCLs)

Vaerah Vahrokha
Vahrokh Consulting
#9 - 2013-05-15 07:49:26 UTC
Service is active again, you may ask for a loan up to 20B.


ISD Ezwal wrote:
Thread reopened at the polite request of the OP.

You're welcome. Smile


Thank you so much, for this and other many threads I have seen you diligently work on. P
Vaerah Vahrokha
Vahrokh Consulting
#10 - 2013-05-18 10:53:23 UTC  |  Edited by: Vaerah Vahrokha
Starting June 1st, I will further expand the ISK pool (because you guys really LOVE to ask for loans! Shocked) and will apply a special offer:

5B+ loans for 1 month will get a special rebate!

Instead of asking for 5% I will ask for just 3.5%!

Such offer will not last a lot as it's experimental and I want to learn the practical implications before getting too hurt.

For information and questions please feel free to ask on the official Market Discussion thread.
Vaerah Vahrokha
Vahrokh Consulting
#11 - 2013-05-20 09:35:26 UTC
10B available for loans now.
Vaerah Vahrokha
Vahrokh Consulting
#12 - 2013-05-22 13:28:07 UTC
About 30B available for loans!
Vaerah Vahrokha
Vahrokh Consulting
#13 - 2013-05-26 10:43:03 UTC
12.5B available today!
Vaerah Vahrokha
Vahrokh Consulting
#14 - 2013-06-01 06:03:33 UTC
Vaerah Vahrokha
Vahrokh Consulting
#15 - 2013-06-23 11:01:47 UTC
Vaerah Vahrokha
Vahrokh Consulting
#16 - 2013-07-19 12:10:48 UTC
X caliber Sword
Zacharia Explorations Group
#17 - 2013-07-20 19:54:13 UTC
I saw something about bonds. I didnt see anything about bonds on your post Please mail Peace Maker Togenada in game with details
Vaerah Vahrokha
Vahrokh Consulting
#18 - 2013-07-21 13:43:00 UTC
X caliber Sword wrote:
I saw something about bonds. I didnt see anything about bonds on your post Please mail Peace Maker Togenada in game with details


These are loans, not bonds. For bonds please post on Market Discussion.
Vaerah Vahrokha
Vahrokh Consulting
#19 - 2013-08-04 12:34:49 UTC
22B available.

Special August promo, loan 5B+ for 2 weeks+ and you only pay 3% interest!
Vaerah Vahrokha
Vahrokh Consulting
#20 - 2013-11-01 15:45:16 UTC
100B available for loans!!!
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