Post by Admin on Nov 21, 2013 3:59:21 GMT
The Mandroxan Cartel is proud to offer Micro Loans to galactic beings to service your credit needs. We will provide short term, collateral secured loans. Our loans can be used to purchase anything you desire by financing ships you may want, item purchases, or centrepoint market expenditures.
Terms and Conditions:
- All loans must be secured at a minimum of 110% CPM Average as Collateral
- Minimum Monthly Payment is the interest of the loan
- If you default on a loan by missing a minimum payment your collateral will be sold to make up for the loss and you will be added to the Mandroxan Cartel Wanted List and a warrant will be issued for your arrest.
- Current loan maximum is 20,000,000 credits
- Minimum Payment is one month interest
Account Types:
-Basic
No pre-existing credit history with the Mandroxan Cartel
200% Average Percentage Yield
-Valued
Have held two previous loans in good standing with the Mandroxan Cartel
180% Average Percentage Yield
-Loyal
Have Held four previous loans in good standing with the Mandroxan Cartel
160% Average Percentage Yield
Missed Payment Forgiveness (limit one missed payment)
Missed Payment fee of 20% of micro loan premium
-Premium
Have held six previous loans in good standing with the Mandroxan Cartel
100% Average Percentage Yield
Missed Payment Forgiveness (limit two missed payments)
First missed payment no fee
Second missed payment 20% of micro loan premium
Applying for a micro loan:
Please send Zarthra Zoid a Darkness Message in the following format:
Handle
Current Employer
Monthly Salary
Loan Amount Requested
Collateral Provided
Disclaimer: The Mandroxan Cartel reserves the right to refuse loans to any applicants deemed to be risky or undesirable. Additional the Mandroxan Cartel reserves to the right to outright refuse to do business with any individual they do not wish to service.