Art's Loan Service is temporarially
discontinued.
Art's Loan Service
I will accept stackables and
other
items and will make loans based on a percentage of markup. The interest
rate is 0.25% of loan value per 10 day period or any part therof.
If the interest accrued equals or exceeds the Auction MarkUp on the
Item the loan must either be repaid or the item forfeited. The interest
will be compounded at the end of every 10 day period. The loan will be
repaid in the same location as it was made unless I agree to other
arrangements. In the case that I am not on the same planetoid due to my
piloting, there wil be 3 days of grace for the borrower to hook up with
me after notification that loan is to be repaid.