=-= $ Vault of ECC $ =-= Loans/Savings/Storage

Will speak to you in game

 

@ZCSolstice has been loaned $150,000 with $200,000 due 19th January 2016. Self invested.

 

Big welcome to @eekelmo as our Vault of ECC partner. We're essentially both in control here, loans will be funded by us both (based on investment = interest back) and we both take the losses. Different to an investor scheme as I am not taking all the losses, so we're both equal.

There is current no available positions for any other partners, we're simply trying to expand Vault of ECC to become the biggest lender on ECC (If we're not already of course )

Tagging investors as this may interest them: @i8ablu @TomKC @kkenmots02 @Ethclaw @ARESIIX @BlazeInfinite @ldw116

Current loans out will 100% go to me, as with @eekelmo his loans will 100% go to him. Future loans will be announced here by either myself or eek, with information as to who loaned what money to who. (aka Obble $40,000, Eek $60,000). Currently Eek is only using his own money, whereas I am still open to investors if you so wish to invest.

I hope that this'll expand us a little more, and welcome to @eekelmo - More details to come regarding future expansions and updates to original thread will be made. You'll now see eek advertising in trade occasionally, we're still discussing how things will all work out.

Thanks guys, all future loans will be updated to main page (this includes eeks loans of course) and we've almost hit $7,000,000 loaned! Woohoo!

 

Hey guys can you get a loan while already having one ?

 

So basically, we're still figuring out the details. I'm not the only one in charge anymore, so it's up to whoever is lending the money. I generally don't loan to people if they have a loan out already, if it's paid off sure I'll loan a bit more. E.g. repay the 100,000 then I'll loan you $200,000 or whatever.

Multi-loans with one user, I personally avoid. Eekelmo may be more willing but I avoid it due to what he said, you may not pay off your current loan then we lose out double (or more, if unpaid).

We're still working on a system to figure out how much we loan depending on previous experience with the Vault of ECC

 

@TheZombieMuffin - $200,000 with $300,000 due 6th January 2016. Your loan is 1 day late, you're banned from the server also. I suggest you fill me in on what is going on.



@3point14mp has repaid his $170,000 due. Thankyou

 

IGN: MrStealYoGrill_
Date joined: July 5th 2012
Rank: Mayor
Donor (Y/N): Yes $170
Money requested: 850k
Purpose of Loan: To purchase a eff 7 pickaxe
How will you pay back the loan: By using the eff 7 pickaxe I will purchase
Due date: Thursday the 11th of February 2016 (Changed due date as I realised I have more spare time now)

 

IGN: Natewan56
Date joined: Aug 24, 2012
Rank: Mayor
Donor (Y/N): Yes, $335
Money requested: 800k
Purpose of Loan: To purchase an eff7 pickaxe
How will you pay back the loan: Weekly, or Biweekly payments what ever is preferred.
Due date: Friday Feb 26/2016

 

Was going to invest, decided to withhold for now sorry

 

Yeah I was going to invest but now with eek as a non investor taking partner the profits from a potential investment will be cut in half. I hope this gets figured out as I though the investing part was the coolest thing about the bank.

Gratz on partner @eekelmo

 

Above loans have been denied, I am unable to loan out $800,000+ currently. Haven't seen either of you active much so I'll hold off for now. Apologies.
EDIT: Natewan, another reason for denying this loan is that you owe $600,000 or so currently due to a recent ban: https://www.ecocitycraft.com/forum/threads/ban-appeal-natewan56.140760/#post-768330

Perhaps our partnership is unclear, as I said we're figuring out how it'll all work

Investing is 100% handled through me and is completely separate. I believe @eekelmo does not take investors, so you'll be going through me only. You'll receive 40% of all my interest, it'll be exactly the same as before, I'll just be able to take part in more loans. The spreadsheet we have running for investors will be fine, all investors will know no difference

 

@Aliop has borrowed $50,000 with $65,000 due 16th January 2016 (Self invested)

 

@Digger0208 has repaid his loan of $130,000. Thanks!
@Digger0208 has borrowed $350,000 with $550,000 due 24th February 2016. ($100,000 funded by @i8ablu)


We just hit
Total money loaned: $7,339,400

Well done, we're over $7,000,000 (7 Million total loaned!) woohoo!

 

Ah just realized, i changed my name to TheFifthElement (prev ethclaw) i can link app if you need.

 

Sure thing, I'll add your name to the sheet but keep your old name for reference

 

IGN: rockboy2000
Date joined: 20th October 2012
Rank: President
Donor (Y/N): Yes
Money requested: $400000
Purpose of Loan: Spawnshop purchase and stock
How will you pay back the loan: Through running of the spawnshop, farming, mining and if need be selling donations
Due date: 15th Feb - Just under 5 weeks

 

Will consider, don't have $400,000 on hand currently. @eekelmo are you able to contribute to this with me? We will look into it as it's a large loan, and see if we're able to do it.