Other DBucks Small and Large Loans - Pick Your Payback Frequency Edition

[Joshua Farrell]

DBucks Small and Large Loans
Pick Your Payback Frequency Edition​

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This thread is dedicated mainly for those who are looking to open an exchange thread located in the marketplace area, or to request a small loan to be able to claim a withdraw from the forum. Any requests for a large loan, whose purpose is to just cash out from the forum, will be refused service. ​

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Are you looking to offer exchange services here at Discussion Bucks? If so, then this is for you. This loan service, allows you to claim DBucks for an exchange, where you are expecting quite a bit of DBucks spent to pay people to do stuff for you, and potentially to get the investment back by having others pay you for completion of services. This also can be used to get a withdraw from the forum.

Part of the loan agreement made in this thread, is that you agree to pay back what you got as a loan, back on a scheduled payment plan. Because of the amounts involved, it is expected that you actively get involved with exchanges, to make sure you have the capital to be able to meet the monthly payback requirements, or to pay it back IN FULL.

Requirement(s) Before ANY Loans are Given Out
Before you can request a loan in DBucks from me, you must complete the following. These requirements are a MUST. If you don't complete these tasks, I won't send you the requested loan.

Loan Requirements:

1. You must have an OPEN exchange topic in any part of the Discussion Bucks Marketplace. This could be anything from offering to post on forums, offering signature space, forum/website affiliate exchanges, posting exchanges, to currency exchanges. Whatever the exchange may be, you must have one listed as an OPEN exchange. An Open Exchange, means that you must be actively still involved in it, and not be closed.
2. You must be registered on the forum, for atleast 30 Days. This length of time ensures that if you are serious about claiming a payout proof, that you have done the minimum work already to get your first proof, or are about to.
3. All First Time Loans are required to be paid back with DBucks, and DBucks only. If you are able to pay it back prompt on payment dates and IN FULL, second and third loans will be allowed to use MicroLikes as a payback option.

Payback Options
The following are options that can be used to pay your DBucks Loan back.

Payback Option: DBucks
The direct link to the donation tab with my username already filled out to pay back in DBucks, is https://discussionbucks.com/dbtech-credits/currency/d-bucks.2/?user_id=23&tab=donate
Once on that page, the first thing you will need to do, is fill in the balance you are paying back, per the payment period minimums and any extra above it you want to pay. Then fill out the message to include "DBucks Loan Payment".

Payback Option: MicroLikes
Follow these instructions to pay back your loan in MicroLikes.

1. Log in to your account at MicroLikes.com.
2. Navigate to the left sidebar and click on the 'MicroLikes amount' field.
3. Enter the number of MicroLikes you wish to exchange as payment for the loan.
4. In the 'Send To' field, input 'joshuafarrell' as the recipient username.
5. In the Message field, type: "Discussion Bucks Loan Repayment - [Your Discussion Bucks Username]".
6. After the transaction posts in your "MicroLikes Transactions History" and is seen as "Pending", click/tap on the blue "confirm" button.
7. Congratulations! Payment is then sent!

Small Loan Amounts Available
Loan Minimum Request: 1.00 DBucks
Loan Maximum Request: 10.00 DBucks

Large Loan Amounts Available
Loan Minimum Request: 25.00 DBucks
Loan Maximum Request: 50.00 DBucks

Small Loan Fees and Payment Plans
Loan Payment Schedule Type: Standard Loan Schedule or Loan Amortization Schedule
Standard Loan Schedule Definition: A set schedule with a flat rate to pay back regardless of principle balance to pay back, due to the Annual Interest Rate.
Loan Amortization Schedule: Allows you to lower your total to pay back, by paying extra beyond your regular payment schedule. This allows you to pay back the initial loan, without paying additional towards it.
Annual Interest Rate: 500%
Term of Loan Payback 3 Months to 1 Year
First Payment Date: Based on Frequency of Payment
Payment Frequency: Weekly, Bi-Weekly (every 2 Weeks), Semi-Monthly (every 15 days), Monthly (The same day of each month), Bi-Monthly (every 2 months), Quarterly, Semi-Annual.
Compound Period: Same as Payment Frequency. Compounding, is added interest if payment in full isn't made.
Payment Type: End of Period (The day you pay on)

Large Loan Fees and Payment Plans
Loan Payment Schedule Type: Standard Loan Schedule or Loan Amortization Schedule
Standard Loan Schedule Definition: A set schedule with a flat rate to pay back regardless of principle balance to pay back, due to the Annual Interest Rate.
Loan Amortization Schedule: Allows you to lower your total to pay back, by paying extra beyond your regular payment schedule. This allows you to pay back the initial loan, without paying additional towards it.
Annual Interest Rate: 300%
Term of Loan Payback 6 Months to 2 Years
First Payment Date: Based on Frequency of Payment
Payment Frequency: Weekly, Bi-Weekly (every 2 Weeks/14 Days), Semi-Monthly (every 15 days), Monthly (The same day of each month), Bi-Monthly (every 2 months), Quarterly, Semi-Annual.
Compound Period: Same as Payment Frequency. Compounding, is added interest if payment in full isn't made.
Payment Type: End of Period (The day you pay on)


Extra Information
If you got this far and want to take out a loan with the updated information above, please note the following: It is cheaper to pay back all loans over a shorter period of time (3-6 months), than it is to pay over a longer period of time (2 years). The main difference between paying it back within 6 months, compared to 1 year or more, is that you have higher payment amounts if you want to pay it back within 6 months, compared to the amount you pay per payment period over the course of 2 years. And then there is the issue also with you ending up paying more overall in the long term, if you opt to go for 1 year or more on paying the loan back.

Also to note, if you decide to go with the Amortization Schedule, you can drastically reduce your actual loan payback balance, due to how extra payments made per payment period on the amortization schedule will actually lower how much you have to pay with interest.

Loan Request Form REQUIRED to Fill Out
*MUST BE FILLED IN COMPLETELY*

Loan Type: (Small or Large)
Loaned Amount Wanted:
Loan Schedule Type Wanted: (Standard or Amortization)
Length of Term to Pay Back: (length based on loan size)
Payment Frequency: (Pick from list above)
Do you understand that if you fail to pay by the specific date of your payment frequency, you will end up paying more?: (yes or no)
Do you have a currently active exchange thread in one of the Marketplace Boards? If so, provide a link:

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Thank you for consideration in using this service!

 

[Carson20t]

Wow this is very commendable to offer such a service for the members in this site,great innovation and i will spread the word to all those who just might be interested to take the deal.Thank you for what you are doing for us.

 

[Teephe]

So thoughtful of you to have come up with this great offer, i will recommend this to anyone

 

[Joshua Farrell]

Service is still open. If you want to claim a withdraw, 'tis the season to do so!

 

[Joshua Farrell]

For the first 5 loans claimed, I am only requiring a minimum post count and account age. The topic requirement part of the loan service, will then be re-enforced after I have given out 5 loans.

Minimum Post Count: 250 Total Posts
Account Age: 30 days.

 

[Joshua Farrell]

Again, the above still stands. I haven't yet given out a single loan, and am willing to forgo any initial requirements to request, outside of what I posted on February 12, which is 250 post count and atleast 30 days since you registered to the forum.

Also what might help with payback, is that I am willing to take MicroLikes as payment for paying loans back, as per announcement made by @Devin, MicroLikes can be redeemed for DBucks.

I'll add that option above in the pay back options.

 

[Joshua Farrell]

This is the payback options. I've included direct links to the donate page here with my account already filled in for it, and included instructions on how to send it in MicroLikes.

Payback Options
The following are options that can be used to pay your DBucks Loan back.

Payback Option: DBucks
The direct link to the donation tab with my username alrready filled out to pay back in DBucks, is https://discussionbucks.com/dbtech-credits/currency/d-bucks.2/?user_id=23&tab=donate
Once on that page, the first thing you will need to do, is fill in the balance you are paying back, per monthly minimums and any extra above it you want to pay. Then fill out the message to include "DBucks Loan Payment".

Payback Option: MicroLikes
Follow these instructions to pay back your loan in MicroLikes.

1. Log in to your account at MicroLikes.com.
2. Navigate to the left sidebar and click on the 'MicroLikes amount' field.
3. Enter the number of MicroLikes you wish to exchange as payment for the loan.
4. In the 'Send To' field, input 'joshuafarrell' as the recipient username.
5. In the Message field, type: "Discussion Bucks Loan Repayment - [Your Discussion Bucks Username]".
6. After the transaction posts in your "MicroLikes Transactions History" and is seen as "Pending", click/tap on the blue "confirm" button.
7. Congratulations! Payment is then sent!

 

[Carson20t]

I have accessed the Loan service,it is quite flexible if you ask me as long as you understand the terms and conditions.You might want to try it out.Best of luck to those who will try to access this product.

 

[Joshua Farrell]

Added note for clarification on why the upfront fees added to the balance to pay back are so much:

The forum has a 20% fee tacked on to all donations sent through the forum's donation function. I send out all loans requested, with something like 21% in addition to the loan I am sending, to cover the fee. This fee would normally be taken out of the loan you would normally receive, but since I am adding to the total on what is sent, it makes more sense on why my fees are so high to start with.

Basically if I had ran a loan service with a 25% fee added to the total, that would barely even cover the fees that I have to pay to send out the amount requested in a loan. 50% fee added to the total barely covers my ability to offer the service, if someone decides to not pay me back for several months before even deciding to start paying on a schedule.

So, to clarify, the 250% fee is there to make sure I am able to continue to provide services for everyone who wants to participate in all of my service offers. If and when I reduce the tacked on fee to the balance you need to pay back, I will unlikely have it any lower than a 100% Added Fee.

 

[Fidelia]

Code:
Loan Amount Being Requested: 5 D Bucks.

What Service Are You Requesting This For: (withdrawing for small loans, or to participate in a service posted here on the forum) The loan is for withdrawing to meet a need.

Link to Where You Are Planning to Use Loan:

Do you agree to the terms of the loan?:
(Yes or No): Yes

Do you acknowledge that if you don't make a monthly payment, that your balance to pay back will increase?:
(Yes or No) Yes, I have read and acknowledged that before application.

Do you also acknowledge that if you do not make a full payment for the month, that your balance will increase, as mentioned in the missed balance or partial payment made section listed above?:
(Yes or No): Read, understood and acknowledged.

Do you also acknowledge that you need to contact me, if you are having issues with being able to pay the monthly balance off?:
(Yes or No) Yes. I have understood that too.

Do you also acknowledge that you need to make sure all content you post, is of good quality, and is posted in their correct areas?:
(Yes or No): Yes.

I will be double checking your answer on this last question. Do you meet the requirements needed for requesting a loan in the amount you need?:
(Yes or No): Yes.

 

[Joshua Farrell]

@Fidelia, as a reminder, you do not need to send me a message that you stated you responded to my service threads. I always check my service threads, regardless of reply.

In any case. I've approved you for the loan, and sent you the 5 DBucks.

Payback amount every month till paid in full: 2.5 DBucks or 250 MicroLikes.

 

[Joshua Farrell]

I currently have enough to cover 1 max small loan, or multiples of the smallest amount.

3 more loans are available without the posting requirements to claim it.

 

[Devin]

Special Offer: Get 20% of the total Interest Back for Timely Loan Repayments!

Dear Discussion Bucks Community,

I am excited to introduce a special offer aimed at rewarding our responsible members who fulfill their loan repayment obligations on time. At Discussion Bucks, we value integrity and reliability, and we are thrilled to extend this exclusive opportunity to our community members.

What's the Offer? Members who diligently pay back their loans on time will receive an incredible benefit: 50% of the interest amount back as a token of appreciation from Discussion Bucks! This means that if you meet your monthly repayment deadlines promptly, you'll not only fulfill your financial commitment but also receive a significant portion of the interest back, putting more DBucks back into your pocket.

How It Works:

1. Successfully complete your monthly loan repayments on time.
2. Enjoy the satisfaction of being financially responsible.
3. Receive 20% of the total interest amount back as a special gesture from Discussion Bucks!

Why Participate?

• Earn back a portion of the interest you paid, rewarding your timely repayment behavior.
• Strengthen your financial standing within the community.
• Contribute to a culture of accountability and trust at Discussion Bucks.

Terms and Conditions:

• This offer applies only to small loans.
• Eligible members will receive 20% of the total interest amount back for timely loan repayments.
• The interest amount will be calculated based on the initial fee charged for the loan.
• Discussion Bucks reserves the right to modify or terminate this offer at any time without prior notice.

Seize the Opportunity: Don't miss out on this fantastic opportunity to not only meet your financial obligations but also benefit from our special offer. Be proactive, responsible, and watch your DBucks grow with Discussion Bucks!

For any questions or assistance regarding loan repayments reach out to @Joshua Farrell , if you have questions regarding this incentive reach out to me directly.

Thank you for being a valued member of the Discussion Bucks community!

Warm regards,

Devin

 

[Joshua Farrell]

For the next 5 days, the next 7 people to take out a loan of 5 DBucks or less, there will be no loan requirements for the loan, outside of being registered on the forum for more than 30 days. Also, the loan fee attached to taking out the loan, will be dropped down to a 25% fee, instead of the current 250% fee. This means you will only have to pay back 6.5 DBucks, on a 5 DBucks Loan.

For those who currently have a loan taken out with me, during the same time period I will drop the fee that was attached to your loan(s) down to 25% for both the large and small loan amounts, if you are current on paying your loan off. This means that if you are about to make your first payment to pay it off, I will update the amount you need to pay off with the fee, the moment I receive the first payment.

If you had missed a payment, getting current means you need to pay off all missed payments and pay the current payment, before I drop the rate down to 25%, and update the remaining value of the pay back amount to match.

 

[Fidelia]

Special Offer: Get 20% of the total Interest Back for Timely Loan Repayments!

Dear Discussion Bucks Community,

I am excited to introduce a special offer aimed at rewarding our responsible members who fulfill their loan repayment obligations on time. At Discussion Bucks, we value integrity and reliability, and we are thrilled to extend this exclusive opportunity to our community members.

What's the Offer? Members who diligently pay back their loans on time will receive an incredible benefit: 50% of the interest amount back as a token of appreciation from Discussion Bucks! This means that if you meet your monthly repayment deadlines promptly, you'll not only fulfill your financial commitment but also receive a significant portion of the interest back, putting more DBucks back into your pocket.

How It Works:

1. Successfully complete your monthly loan repayments on time.
2. Enjoy the satisfaction of being financially responsible.
3. Receive 20% of the total interest amount back as a special gesture from Discussion Bucks!

Why Participate?

• Earn back a portion of the interest you paid, rewarding your timely repayment behavior.
• Strengthen your financial standing within the community.
• Contribute to a culture of accountability and trust at Discussion Bucks.

Terms and Conditions:

• This offer applies only to small loans.
• Eligible members will receive 20% of the total interest amount back for timely loan repayments.
• The interest amount will be calculated based on the initial fee charged for the loan.
• Discussion Bucks reserves the right to modify or terminate this offer at any time without prior notice.

Seize the Opportunity: Don't miss out on this fantastic opportunity to not only meet your financial obligations but also benefit from our special offer. Be proactive, responsible, and watch your DBucks grow with Discussion Bucks!

For any questions or assistance regarding loan repayments reach out to @Joshua Farrell , if you have questions regarding this incentive reach out to me directly.

Thank you for being a valued member of the Discussion Bucks community!

Warm regards,

Devin

@Devin, I just paid back my first monthly installment. You can confirm that from @Joshua Farrell. Hope I am eligible for the bonus.

 

[Joshua Farrell]

I'll be updating my loan service soon to allow for customized due dates based on how quickly you want to pay back, and generally lower upfront fees! Stay tuned to see what the changes will be, as I will be making an update within the next day or two!

 

[Joshua Farrell]

Updated everything. If you wanted a loan before but felt like it was too strict, feel free to read through the opening post again, and see if you want a loan now.

If you have any questions, feel free to ask. BUT FYI, some of the info above should be self explanatory.

 

[Kross]

Loan Type: (Small or Large)- Small
Loaned Amount Wanted: $3.5 D Bucks
Loan Schedule Type Wanted: (Standard or Amortization): Amortization
Length of Term to Pay Back: (length based on loan size): 2 Months.
Payment Frequency: (Pick from list above): Monthly
Do you understand that if you fail to pay by the specific date of your payment frequency, you will end up paying more?: (yes or no) Yes
Do you have a currently active exchange thread in one of the Marketplace Boards? If so, provide a link:https://discussionbucks.com/threads/high-quality-article-writing-service-available.10247/post-72338

 

[Joshua Farrell]

Loan Type: (Small or Large)- Small
Loaned Amount Wanted: $3.5 D Bucks
Loan Schedule Type Wanted: (Standard or Amortization): Amortization
Length of Term to Pay Back: (length based on loan size): 2 Months.
Payment Frequency: (Pick from list above): Monthly
Do you understand that if you fail to pay by the specific date of your payment frequency, you will end up paying more?: (yes or no) Yes
Do you have a currently active exchange thread in one of the Marketplace Boards? If so, provide a link:https://discussionbucks.com/threads/high-quality-article-writing-service-available.10247/post-72338

Sorry for the delay. Internet went down due to high winds. Stuck on mobile resetting up bookmarks. Sending the loan your way now.

 

[Joshua Farrell]

I will keep the MicroLikes payment option available for all loans taken out here.

For the time being, it will be a straight across 1 dBuck per 100 microlikes conversion.