Why are loans now against the rules?

[Aaron]

Hi,

2 years ago I have been doing loans to users which wasn't against the rules back then. I would have even worked together with support, getting the suers banned which didn't pay back. I back then gave a total of 0.02495 BTC in loans, where only 0.005 BTC didn't get paid.

Shouldn't it be that the person that gives the loan takes a risk theirselfes to give that BTC to a person? I fr really want to know why it's against the rules now, I think there is nothing wrong with giving away microloans to users here on Stake?

Thank you,,

[niki014]

cuz there was way to many people who wasnt paying back in result they was getting banned and shit like that 
u can still ask for loan but if isnt payed support wont mute people over it  
and before it wasnt allowed to ask for loans as well 
it was allowed only the the section in forum 

[Aaron]

Just now, niki014 said:

cuz there was way to many people who wasnt paying back in result they was getting banned and shit like that 
u can still ask for loan but if isnt payed support wont mute people over it  
and before it wasnt allowed to ask for loans as well 
it was allowed only the the section in forum 

I was only doing it in the specific section of the forum, I think I was one of the first offering these services. And I only got scammed 3 of the 20 times, with a high % fee I still profited that >,<

[lupandina]

Because Stake is a casino, and doesn't want to ban their users (their source of income) because of smth, which isn't related with their services at all. Additionally, public fights and scam accusations affects site reputation not in the best way. 

If someone wants to take/give a loan, it's his personal risk and bussines. Public talks about that are not allowed. 

[Ali saher]

I think stake is a gambling site and stake not want users leave the site or ban on their users and other thing loans not good thing for gambling if anyone take a loan and not give you return back what you do you not do anything and stake not responsible to this 

[Aaron]

5 minutes ago, lupandina said:

Because Stake is a casino, and doesn't want to ban their users (their source of income) because of smth, which isn't related with their services at all. Additionally, public fights and scam accusations affects site reputation not in the best way. 

If someone wants to take/give a loan, it's his personal risk and bussines. Public talks about that are not allowed. 

Back then it wasn't allowed to pubicly to talk about it in chat aswell, all I did was making a topic in the specific section. Next to that I think the users that scam won't actually play on this site, as they will just withdraw all the bitcoin, and then just leave. I (personally) did not fight or anything, I talked with people in PM, and if they didn't respond after around 3 days, or if they can't pay it (they can ask for some extra time), I would have contacted support. That's all. I just want Stake to reconsider the opening of the loan section again..

2 minutes ago, Ali saher said:

I think stake is a gambling site and stake not want users leave the site or ban on their users and other thing loans not good thing for gambling if anyone take a loan and not give you return back what you do you not do anything and stake not responsible to this 

I know that Stake isn't responsible for it, I always asked the support to check my tips, and then check my topic, and they would see that the user took a loan and didn't pay back, and they did the action theirselfes. (In my topic there was a terms of service that where a person would accept with, which said thay can get perm banned if they didn't pay back)

[Wildmonkeylv]

Because sooner or later you will get scammed,trust me,I have loaned more than 50 trusted people only 10 paid back . 

[Mahdirakib87]

It's a casino. Don't play if you don't have money. Loan is bad thing at gambling. Maybe you give, take, get back and pay back loans timely. But mostly people do delays. So sometimes the makes bad conversion and ask help to support. But support/casino team can do nothing there. So it's against the rules. 

[Aaron]

15 minutes ago, Wildmonkeylv said:

Because sooner or later you will get scammed,trust me,I have loaned more than 50 trusted people only 10 paid back . 

I have been doing loans 2 years ago, if for you only 10 of the 50 people paid back, then you are doing it wrong lmao 😂. I just want Stake to reconsider their choice of removing the loans sections.

11 minutes ago, Mahdirakib87 said:

It's a casino. Don't play if you don't have money. Loan is bad thing at gambling. Maybe you give, take, get back and pay back loans timely. But mostly people do delays. So sometimes the makes bad conversion and ask help to support. But support/casino team can do nothing there. So it's against the rules. 

It wasn't against the rules back then, that's the thing, I'm trying to get Stake to reconsider their choices of back then. Thank you for your input tough.

[Mahdirakib87]

3 minutes ago, Aaron said:

It wasn't against the rules back then, that's the thing, I'm trying to get Stake to reconsider their choices of back then. Thank you for your input tough.

You are not playing at the two years old stake. Everything has changed and still changing. So you need to accept their rules change. 

[Aaron]

7 minutes ago, Mahdirakib87 said:

You are not playing at the two years old stake. Everything has changed and still changing. So you need to accept their rules change. 

I didn't say that I'm not accepting it. I want Stake to reconsider it. Thanks for your input tough.

[lupandina]

16 minutes ago, Aaron said:

It wasn't against the rules back then, that's the thing, I'm trying to get Stake to reconsider their choices of back then. Thank you for your input tough.

2 years is pretty long time, things changed As was stated when lending section was closed more then a year ago, it wont be added back in future. 

42 minutes ago, Aaron said:

Next to that I think the users that scam won't actually play on this site, as they will just withdraw all the bitcoin, and then just leave.

Disagreed... 80% of my failed loans was simple gambling problem. People got broken, and left. 

[Aaron]

24 minutes ago, lupandina said:

2 years is pretty long time, things changed As was stated when lending section was closed more then a year ago, it wont be added back in future. 

Disagreed... 80% of my failed loans was simple gambling problem. People got broken, and left. 

Because you fail choosing the right people to give loans to, doesn't mean that everyone fails in it. I didn't give loans to over 70% of the people asking for it, just because of reason like "just registered" "Not active" etc. I want Stake to reconsider. That's it.

[denildan]

1 minute ago, Aaron said:

Because you fail choosing the right people to give loans to, doesn't mean that everyone fails in it. I didn't give loans to over 70% of the people asking for it, just because of reason like "just registered" "Not active" etc. I want Stake to reconsider. That's it.

u want to loan to peoplein a casino ..?

[Aaron]

1 minute ago, denildan said:

u want to loan to peoplein a casino ..?

Yes I do, I did it for around 2 months back in 2017.

[sahil777]

thats because maybe so much scammers are around now a days, many incident happend to anonnep and kinanik as i heard, that people took loans and never returned.

so maybe i think its for betterment of players to not to get scammed by other fake users, if someone really wants to lend money want to give loans then there are many other ways to contact players.

[lupandina]

48 minutes ago, Aaron said:

Because you fail choosing the right people to give loans to, doesn't mean that everyone fails in it. I didn't give loans to over 70% of the people asking for it, just because of reason like "just registered" "Not active" etc. I want Stake to reconsider. That's it.

Seems you got it wrong. I said "80% of failed loans" (not all loans) - had this reason. They didn't have intention to take a loan, withdraw and run. They just got broken.

Don't get me wrong. I was one of biggest lenders here since Feb 2018 till closing, and I wasn't happy when it was closed. Just, I'm in Stake's home, so I respect their rules, that's it. I know, that Stake wont add it back (even if I would want that too btw), so informed you about that too 

[cukup2]

maybe it is prohibited because there are many cases when there are people who make loans and people who borrow do not pay and those who lend instead complain to the support and become a new problem in support with loan cases and therefore borrowing and borrowing is prohibited at stake.

[williamshennie9]

It looks like you were last online in December 2018, and a lot has changed since then on Stake, including the removal of the marketplace section on the forum. Support just got overloaded with problems in that part of the forum so they decided it would be in everyone's best interest to have it removed.

[Jeazelle]

I think stake casino don't want implicate to player's who loans to other's player that 
didn't pay back their loans. And to many people scammers now a days

[cryptofly]

Loan & Gambling are two words that should never be together.  Gambling is not a business where you can logically invest, is a matter of luck no matter how honest the site you are gambling is.  You need to be desperate to ask for a loan to gamble, and you need to be naive to give loan for gambling . THis is what I think.  Good luck. 

[barbaris]

I do not see anything good in loans. This is a way to make money on dependent people and for the most part such loans will not be repaid. I think many beginners will begin to abuse it.

[wngo123]

I remember those times. Oh my God. Constant accusations between users on public chat "hey x didn't pay my back yet!" , "x: just two more days pls, dont be a**ole", etc lol I guess stake had enough of that drama  I remember you had to had certain number of posts in order to be allowed to ask for loan. When I reached that number of posts the loans were not allowed anymore hahaha 

[Tuzemsky]

I can relate to Norwegian law, and under Norwegian law, it is forbidden to give loans that you know, or should know, will be used on gambling. (That is also one of the reasons that its hard to use Norwegian credit cards on betting sites)

So a no loan policy is a really good thing! One should only gamble what one can afford to loose.

[wyj1306]

I do not think that lending on gambling sites is very good, because if the person is borrowing she has no money to bet, and if she loses what she borrowed will not be able to repay there even more, and that many problems