Gauging interest - BNB Bank

Mr. DIY Posts : 558 Join date : 2012-07-29 Age : 31

Hi i was thinkng it would be good if there was a BNB bank. it has X money and you can get loans from it and also store money in it and if its untouched for a month you get 10% of your account.

Wheels And A Drop Posts : 346 Join date : 2012-08-30

Sounds a great idea.
What would the interest rate be on loans?

Mr. DIY Posts : 558 Join date : 2012-07-29 Age : 31

it would be upto to smooth but not much.
and the profit bank makes it could get cars and parts and sell them off

Event Organizer Posts : 2543 Join date : 2012-07-31

Any bank knows that cars are horrible investments Very Happy

Mr. DIY Posts : 558 Join date : 2012-07-29 Age : 31

not A bnb BANK

Event Organizer Posts : 2543 Join date : 2012-07-31

Given the fast pace at which money is earned and changes hands, you could probably charge the rate weekly. Lower rates for higher amounts of $$ loaned. If Mods approve, you could probably loan money that you dont actually "have", when it gets repaid, its "gone" and you are left with the interest as profit.

Personally, for BNB, I prefer having to stretch my money, or wait till more comes in to make that next purchase. But I know not everyone will agree with me on that.

Mr. DIY Posts : 558 Join date : 2012-07-29 Age : 31

that might work and i was thinking the bank could be owned by the BNB gods so to speak not me so any profit could be put into comps or it could buy parts or cars.

i see what you mean by waiting for money. could be small amounts of money

Subject: Re: Gauging interest - BNB Bank Fri Sep 21, 2012 1:03 pm

It would be more of a credit union Retro... LOL. It knows what it is getting itself into..

Hilarious.

Awesome.

Subject: Re: Gauging interest - BNB Bank Fri Sep 21, 2012 1:23 pm

Hmm this is dangerous idea. Especially for me..

Mr. DIY Posts : 558 Join date : 2012-07-29 Age : 31

if loans wasnt payed back then cars can be used as collaterol. also the bank could even reclaim cars from the accounts of people that havent been on for years

Event Organizer Posts : 2543 Join date : 2012-07-31

Kenco would be on the run from hitmen and collection agencies

Subject: Re: Gauging interest - BNB Bank Fri Sep 21, 2012 1:28 pm

You'd nevar catch me... Until Impulse gets his r34 out..

Subject: Re: Gauging interest - BNB Bank Fri Sep 21, 2012 1:29 pm

LOL - collaterol...

Man, loan sharks will start popping up... Triads..... Shit is getting REAL!

Subject: Re: Gauging interest - BNB Bank Fri Sep 21, 2012 1:30 pm

If you aint got a car, then the BANK will put a lean on your Garage... Or even shop! You dont pay??? and your shop gets boarded up..

Subject: Re: Gauging interest - BNB Bank Fri Sep 21, 2012 1:31 pm

We could start running moonshine?

Subject: Re: Gauging interest - BNB Bank Fri Sep 21, 2012 1:39 pm

seriously.. might have to.