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Ghostbebo
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| Joined: 29 Jun 2012 |
| Total Posts: 1620 |
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Ghostbebo
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| Joined: 29 Jun 2012 |
| Total Posts: 1620 |
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Ceoh
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| Joined: 17 Nov 2013 |
| Total Posts: 152 |
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| 25 May 2014 02:29 AM |
| What exactly is your business proposition? |
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| 25 May 2014 02:30 AM |
1k - 2k RB Loan
Paid back in 1 - 2 weeks |
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Ceoh
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| Joined: 17 Nov 2013 |
| Total Posts: 152 |
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| 25 May 2014 03:01 AM |
| So we expose ourselves to risk without any potential reward? |
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Ceoh
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| Joined: 17 Nov 2013 |
| Total Posts: 152 |
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| 25 May 2014 03:29 AM |
lol I wasn't talking about your credit rating XD Though you bring up a good point, who are these people that loaned you money before?
In addition, I want to know if I loan you 1000 robux, how much will you pay back? 5000 robux? |
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Ceoh
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| Joined: 17 Nov 2013 |
| Total Posts: 152 |
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| 25 May 2014 03:45 AM |
I just run the numbers, this is just to break even and for you to not earn any money.
So lets say you want 1000 robux, due to the 30% tax I would need to pay you: 1000/0.7 = 1429 robux
So you must pay me back 1429, but due to the 30% tax you would need to pay me: 1429/0.7 = 2042 robux
This means in 1-2 weeks you need to increase 1000 robux to 2042 robux ie: 2042/1000*100 = 204.2%
You will need to increase your robux by about 204% in 14 days to meet your obligations... This is why it's risky for the loan shark. |
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h2tt
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| Joined: 23 Feb 2011 |
| Total Posts: 6117 |
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| 25 May 2014 04:02 AM |
| i dont see how loansharks can really do anything though a website if the guy dosnt care about his rep |
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