Lumens Credit Union

Discussion in 'Banking & Finance' started by Luxaholic, Jul 14, 2017.

  1. Luxaholic

    Luxaholic Senior Administrator Staff Member Senior Administrator Minister of Construction

    Joined:
    Mar 23, 2017
    Messages:
    199
    Luxaholic
    Lumens Credit Union
    Welcome to Lumens Credit Union,
    We are a Credit Union (not a bank) dedicated to giving players the best interest rates on loans and deposits to safely and effectively grow your business or wealth. Our rates are fair and we will do our best to provide the community with much needed economic growth.

    - Loan rates are 6.00% per real life week (standard loan)
    - Deposit rates are 0.75% per real life week (standard deposit)
    - We can provide max loans of k12,000 at the moment with an expected increase if we get more deposits
    - Deposit interest rates are progressive, a deposit of 5000 or less will have a 0.75% interest and deposits of 5000-10000 will have 1.00% interest. 10000+ will have 1.25% interest. Maximum total deposit per player is k22,000
    - Loans will have 4.00% interest rates per week if the borrower provides adequate collateral and holds the collateral until repayment of the loan. If a borrower does not provide collateral the interest rate will be 6.00% per week and the borrower will have 1 month to repay the loan, interest is applied 1 week from the start of the loan.
    - Interest rates will be compounded weekly, meaning a k1000 deposit will receive k1007.50 at the end of week 1, k1015.06 at the end of week 2, 1022.67 at the end of week 3, etc.
    - You will need to apply for a membership here, you may apply with loan or deposit slips or just a general application if you don't wish to deposit or take a loan at this time.
    - You must have 24 hours of playtime to request a loan


    NOTE: Not Accepting Deposits at this time
    Deposit Note:
    Amount:
    In game Name:
    Server Playtime:
    Discord:
    Do you agree to the below terms
    :

    By submitting this deposit note you hereby agree to:
    An interest rate of no more than 0.75% per week on a deposit of less than or equal to 5,000.00 krunas, or no more than 1.00% per week on a deposit of greater than 5,000.00 krunas but less than or equal to 10,000.00 krunas, or no more than 1.25% per week on a deposit of greater than 10,000.00 krunas. You also agree to relinquish ownership of this deposit should you be inactive on the server for at least 3 full months (91 days). Interest will only be included in a withdrawal after the amount has surpassed at least 1 full week, partial interest will not be included between compounding periods. Interest rates are compounded on a weekly basis beginning on every Monday. If at any point you are banned for more than 1 day, we reserve the right to return your deposit, including interest accrued up to that point, until you are unbanned. Terms may change. We also reserve the right to deny service to anyone we deem a risk to ourselves or our community.


    Loan Request:

    Amount:
    Reason for loan:
    In game Name:
    Server Playtime:
    Discord:
    Collateral: (list plots, cars, houses, items, etc and their worth)
    Do you agree to the below terms:


    By submitting this Loan request, should it be accepted you hereby agree to:
    Legally repay any debt owed to Lumens Credit Union including interest. An interest rate of no less than 4.00% per week on a loan less than or equal to 10,000.00 krunas if and only if adequate collateral is provided to Lumens Credit Union. An interest rate of no less than 6.00% per week on a loan of less than or equal to 10,000.00 krunas if not enough or no collateral is provided to Lumens Credit Union. Interest will begin compounding 1 week from the day the loan is given. You legally agree to repay any debts including interest to Lumens Credit Union within a time frame agreed upon between both the lender and borrower (1 month from the date the loan is given if the borrower does not notify the lender of any different). If the borrower does not notify LCU of a time frame to repay the loan and requests an extension, a k50 service charge will be applied per every week added to the time frame. You also legally agree to release ownership of any and all collateral totaling up to the amount borrowed minus interest accrued after sale of said collateral provided to Luxaholic (owner of Lumens Credit Union) should the borrowed amount not be repaid to the lender within the agreed upon time period (1 month from the date the loan is given if the borrower does not notify the lender of any different). Should a debt be repaid before the end of a week (between compounding periods) the debt including interest of the closest compounding period will apply (if a debt is repaid on a friday the future rate that would be applied on the coming monday would apply).
    Terms may change.


    Both of these requests will also be available in game.
    note: please do not pay Luxaholic unless I am online, any deposits made while I am offline that I can not account for will not be my responsibility.
     
    Last edited: Feb 6, 2019
  2. Luxaholic

    Luxaholic Senior Administrator Staff Member Senior Administrator Minister of Construction

    Joined:
    Mar 23, 2017
    Messages:
    199
    Luxaholic
    We are now open!
     
    Last edited: Sep 4, 2018
    Bangladesh150 likes this.
  3. Matt

    Matt The Big Cheese Judge Donator

    Joined:
    Oct 21, 2017
    Messages:
    442
    Matty707
    Deposit Note:

    Amount: K25,000.00
    In game Name: Matty707
    Server Join date: February 2017
    Residency: (assuming IG) Capitol City; Suburbs
    Discord: Matty707#9326
    Do you agree to the below terms: Yes, I Matty707 agree to the terms and conditions.
     
    Luxaholic likes this.
  4. DerpGaming20_YT

    DerpGaming20_YT Member of Parliament Member of Parliament Assistant Business Secretary Donator

    Joined:
    Nov 30, 2017
    Messages:
    269
    DerpGaming20_YT
    Loan Request:
    Amount: K10000
    Reason for loan: Build a Company HQ for MineINC
    In game Name: DerpGaming20_YT
    Server Join date: 1 Year Ago
    Residency:
    Discord:DerpGaming20|YT#6516
    Collateral: (list plots, cars, houses, items, etc and their worth) N/A
    Do you agree to the below terms: Yes
     
    Luxaholic likes this.
  5. RedFr0st

    RedFr0st On lunch break for 2 weeks now Staff Member Moderator Police Officer Event Planner

    Joined:
    Aug 15, 2018
    Messages:
    328
    RedFr0st
    Deposit Note
    Amount:5,883.22
    In game Name: Endeav0r
    Server Join date: 3 months ago
    Discord: RedFrost1010#3835
    Do you agree to the below terms: yes I agree to the terms.
     
    Luxaholic likes this.
  6. Sprite

    Sprite Moderator Staff Member Moderator Speaker of the Parliament Member of Parliament Police Officer Commerce Secretary

    Joined:
    Aug 8, 2018
    Messages:
    669
    SpriteWhatever
    Deposit Note:
    Amount: k5,001
    In game Name: _litenerd
    Server Join date: Early August
    Discord: @natedawg [meta]#8737
    Do you agree to the below terms: Indeed
     
    Luxaholic likes this.
  7. Javelin

    Javelin Citizen

    Joined:
    Nov 18, 2018
    Messages:
    1
    POPunicorn113
    Deposit Note:
    Amount: 886.62
    In game Name:POPunicorn113
    Server Join date:11-18-18
    Discord:Javelin#3465
    Do you agree to the below terms:yes

    please /msg me the next time your online
     
    Luxaholic likes this.
  8. SlimeEmperor

    SlimeEmperor Citizen

    Joined:
    Mar 24, 2017
    Messages:
    577
    SlimeEmperor
    Amount: 7,000
    Reason for loan: helping me get a plot for a resort I want to build in OCC, and to help build the resort.
    In game Name: SlimeEmperor
    Server Playtime: My /playtime got messed up a long time ago and isn't accurate, so I don't know
    Discord: huggable#2529
    Collateral: (list plots, cars, houses, items, etc and their worth) 1 white car, the plot I purchase with the money will also serve as collateral
    Do you agree to the below terms: yes.
     
    Luxaholic likes this.
  9. Goodbye_Parrot

    Goodbye_Parrot Citizen

    Joined:
    Oct 21, 2018
    Messages:
    40
    Goodbye_Parrot
    Deposit Note:
    Amount: 10,500
    In game Name:Goodbye_Parrot
    Server Playtime:7 days 2 hours
    Discord:Mike123
    Do you agree to the below terms: Yes I do agree.
     
    Luxaholic likes this.
  10. TheGamerNextDoor

    TheGamerNextDoor Citizen

    Joined:
    Jul 19, 2017
    Messages:
    49
    TheGamerNextDoor
    Amount: 4500
    Reason for loan: Plot and to pay someone for building the my apt building
    In game Name:KittyOnYaBlock
    Server Playtime:4 days and 13 hrs
    Discord: TheGamerNextDoor
    Collateral: (list plots, cars, houses, items, etc and their worth) A black bike and Alcohol 1 plot
    Do you agree to the below terms: Yes i do
     
    Luxaholic likes this.
  11. zaetoven

    zaetoven Citizen Banned Donator

    Joined:
    Oct 22, 2018
    Messages:
    49
    zaetoven
    Amount:10000
    Reason for loan: to buy some more land
    In game Name: zaetoven
    Server Playtime: 5 days
    Discord:zaetoven#2666
    Collateral: (list plots, cars, houses, items, etc and their worth) my yellow car 4,500 house 5000
    Do you agree to the below terms: yes
     
    Luxaholic likes this.
  12. DerpGaming20_YT

    DerpGaming20_YT Member of Parliament Member of Parliament Assistant Business Secretary Donator

    Joined:
    Nov 30, 2017
    Messages:
    269
    DerpGaming20_YT
    Amount: 10000kr
    Reason for loan: To purchase land for and begin construction on a new building
    In game Name: DerpGaming20_YT
    Server Playtime: 6d6h
    Discord:DerpGaming20|YT#6516
    Collateral: (list plots, cars, houses, items, etc and their worth) bc-007; sellback is 3600kr, has a large apartment building.
    Do you agree to the below terms: yes
     
    Luxaholic likes this.
  13. DerpGaming20_YT

    DerpGaming20_YT Member of Parliament Member of Parliament Assistant Business Secretary Donator

    Joined:
    Nov 30, 2017
    Messages:
    269
    DerpGaming20_YT
    Amount: 5000kr
    Reason for loan: Building purchase
    In game Name: DerpGaming20_YT
    Server Playtime: 9d3h
    Discord: DerpGaming20_YT#6516
    Collateral: (list plots, cars, houses, items, etc and their worth) BC-007; 3600kr sellback, has a large apartment building also a black car
    Do you agree to the below terms: yes
     
    Last edited: Jan 15, 2019
    Luxaholic likes this.
  14. Krix

    Krix Citizen Donator

    Joined:
    Jun 6, 2018
    Messages:
    167
    Krix
    Deposit:
    Amount: 25,000 Krunas
    In game Name: Krix
    Server Playtime: 19 days &19 hours
    Discord: Krix#0587
    Do you agree to the below terms: Yes I agree to the terms below
     
    Luxaholic likes this.
  15. LoneSavage02

    LoneSavage02 Citizen

    Joined:
    Jan 26, 2019
    Messages:
    12
    ZombiePro2004
    Amount: K 19,000
    Reason for loan: To claim land in the wilderness and start a public mob farm business
    In game Name: ZombiePro2004
    Server Playtime: Well I joined 2 moths ago and I play about every day almost
    Discord: ZombiePro2004
    Collateral: (list plots, cars, houses, items, etc and their worth) I do not have anything like that
    Do you agree to the below terms: yes I do
     
    Luxaholic likes this.
  16. wdeerman

    wdeerman Citizen Donator

    Joined:
    Oct 23, 2018
    Messages:
    70
    wdeerman
    Deposit Note:
    Amount: 25,000
    In game Name: wdeerman
    Server Playtime: 6 days
    Discord: hwalkerh14#8575
    Do you agree to the below terms: yes
     
    Luxaholic likes this.
  17. DerpGaming20_YT

    DerpGaming20_YT Member of Parliament Member of Parliament Assistant Business Secretary Donator

    Joined:
    Nov 30, 2017
    Messages:
    269
    DerpGaming20_YT
    Amount:12000kr
    Reason for loan: to fund the building and setup of a go-kart business
    In game Name: DerpGaming20_YT
    Server Playtime:11days 5hr
    Discord:DerpGaming20#6516
    Collateral: (list plots, cars, houses, items, etc and their worth) bc-007(4000kr land value, large building, right by hospital) and my purple car (3500kr)
    Do you agree to the below terms: Yes
     
    Sprite likes this.
  18. Gordias

    Gordias Citizen

    Joined:
    Feb 3, 2019
    Messages:
    9
    Gordias
    Amount: 2000
    Reason for loan: Company HQ
    In game Name: Gordias
    Server Playtime: 1d 3h
    Discord: Gordias#5520
    Collateral: None
    Do you agree to the below terms: Yes
     
    Luxaholic likes this.
  19. Gordias

    Gordias Citizen

    Joined:
    Feb 3, 2019
    Messages:
    9
    Gordias
    Gordias Citizen
    Joined:
    Feb 3, 2019
    Messages:
    3
    [​IMG]Gordias
    Amount: 2000
    Reason for loan: Farming Land
    In game Name: Gordias
    Server Playtime: 3d 6h
    Discord: Gordias#5520
    Collateral: BC-151
    Do you agree to the below terms: Yes
     
    Luxaholic likes this.
  20. Gordias

    Gordias Citizen

    Joined:
    Feb 3, 2019
    Messages:
    9
    Gordias
    Amount: 6000
    Reason for loan: Farming Land
    In game Name: Gordias
    Server Playtime: 3d 6h
    Discord: Gordias#5520
    Collateral: BC-151
    Do you agree to the below terms: Yes