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: Spoiler: 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: Spoiler: 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.
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.
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
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.
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
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
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.
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.
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
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
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
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
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
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
Deposit Note: Amount: 25,000 In game Name: wdeerman Server Playtime: 6 days Discord: hwalkerh14#8575 Do you agree to the below terms: yes
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
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
Gordias Citizen Joined: Feb 3, 2019 Messages: 3 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
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