Quote from: Shadiq on Today at 04:15:38 AM

Quote from: Perfectbaby on June 15, 2025, 04:19:47 PM

Congratulations on launching your loan service.. it's good seeing that our people are launching service like this making us to reduce our focused on how they do go apply for the general lending board. Usually, if we could get something like this then it would help us.

A little correction or suggestions; It wouldn't be that nice putting merits as a criteria because there are people who are already in campaign and doesn't have up to that merits requirements but can repay as long as they are in active campaign and earning. I think your focused should be on active campaign because there are people who earned up to that merits requirements but are not in campaign, would you also give loan to such person who are in campaign?

Wait a moment, doesn't it mean that your is free and doesn't require interest when paying back?

Thanks for your valuable advice.

Maybe the merit criteria were not very necessary. But I am just trying to value his (borrower's) account. I will definitely consider it and make corrections if necessary.

Another thing to clarify is that my service is interest free. So when you return the money within the specified time, you will have to pay the same amount. If the time is exceeded, the mentioned penalty will have to be calculated. Because, I want to spread the service to more people.

I invite everyone to comment and contribute to the necessary corrections.

Interest-free loans make you seem like a generous person, but maybe you could be more motivated if you introduced some interest. Most loan services require a small additional payment and this can provide more probity to your capital. I think you can accept a small amount of interest by setting an additional repayment period. The extra period and some extra interest will help you to continue the service in the long run.

Increasing the loan amount may be decent.