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   Forums-->Queries and help-->

Is this allowed?



AuthorIs this allowed?
10-27-12 16:29: Received 5000 Gold from bigbeast : loan for 1 day plus interest
It is allowed only if:
"3.14. There are limits for transfers intended as presents or loans. Maximum size of debt that can be owed to all other players in total is 15,000 * [Combat level] gold. The maximum term for loans is 1 month, unless the comments to the transfers state a shorter period. "
No, interest is not allowed.
for DecayWolf:

bigbeast loaned the money and it is OK. Giving back the money with interest is not OK, but this is not the case ;)
Yup, you right if there's no interest, there's no problem.

loan for 1 day plus interest

But this quote, saids he did a loan with interest. ;)
Just check previous loans the players involved have given or received. If loans have interest it is unlikely to be the first time and will be seen in previous repayments. If so report them in CaA section.

Some people include the tax in repayment so lender is not out of pocket and while I am not sure if this is legal or not it seems to be generally accepted and I have never seen anyone punished for returning tax.
just my 2 cents to add to DiN's post: returning tax is legal, does not count as interest and it's not punishable.
10-28-12 14:09: Transferred 1 Gold to Empire, Commission charged: 1 : In the previous loan, I meant return loan with tax, not interest
10-28-12 14:06: Transferred 1000 Gold to Vlaer, Commission charged: 10 : clan donation
10-27-12 16:29: Transferred 5000 Gold to Agrens, Commission charged: 50 : loan for 1 day plus interest

Why start arguing for a log of more than 2 months ago when you can check yourself ?

bigbeast sent the loan well, though, he never received the gold back.

bigbeast => legal
Agrens => illegal

End of story.
[Post deleted by moderator Dizbe // ]
a
There it is ! The exclamation of realisation ;)
closed by Lord Dizbe (2013-01-14 13:57:08)
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