Someone please give me a decent answer on why this isn't allowed? Half the market rules here are completely retarded.

Pretty sure cause the same thing can happen as what happened on No advertising, Dispicable Dave got like 2bil in rs3 using the same service and just scam quit. I was a victim

Someone please give me a decent answer on why this isn't allowed? Half the market rules here are completely retarded.

 

Because of Charles Ponzi.

Pretty sure cause the same thing can happen as what happened on No advertising, Dispicable Dave got like 2bil in rs3 using the same service and just scam quit. I was a victim

 

Because of Charles Ponzi.

Ok so someone scammed, I'm still waiting to see a logical answer.

Ok so someone scammed, I'm still waiting to see a logical answer.

 

Unregulated & uninsured loan services = scam fest.

If you fail to see that then you're financially blind.

I think it's because of the high rate of scams. Similar to high chargebacks on boot buyers/looting scripts which I banned from SDN sale. I could be wrong, not sure how everything works in the market.

I think it's because of the high rate of scams. Similar to high chargebacks on boot buyers/looting scripts which I banned from SDN sale. I could be wrong, not sure how everything works in the market.

 

OFT: Any idea on why those kind of scripts have such a high chargeback rate ? 

OFT: Any idea on why those kind of scripts have such a high chargeback rate ? 

Maybe because they use it, make some cash.

Chargeback, boom. They just made some money for free.

In real life when you borrow money, there are drawbacks involved if you can't pay it back. It's just too easy to scamquit to trust people with money here.

I think it should be allowed, but at your own discretion. Your fault for loaning so your taking up the consequence. You can always avoid scam quits with collateral too

You can always avoid scam quits with collateral too

 

No, absolutely nothing prevents the investee from using money from his investors as risk-free collateral for other deals ("robbing Peter to pay Paul"). 

No, absolutely nothing prevents the investee from using money from his investors as risk-free collateral for other deals ("robbing Peter to pay Paul").

You make a good point tbh.

Still think it should be allowed though.

No, absolutely nothing prevents the investee from using money from his investors as risk-free collateral for other deals ("robbing Peter to pay Paul"). 

It doesn't matter what's done with the money as long as it's returned back. You really think real life banks make strategic investments?

It doesn't matter what's done with the money as long as it's returned back. You really think real life banks make strategic investments?

 

Real  banks have to make (strategic) investments as they are constantly being watched and checked upon. They are among the most highly regulated services.

Take away that regulation and you get chaos. It's as simple as that.

Real banks have to make (strategic) investments as they are constantly being watched and checked upon. They are among the most highly regulated services.

Take away that regulation and you get chaos. It's as simple as that.

Are you kidding? Banks are extremely unregulated, and their "strategic investments" are why the US recently suffered the greatest economic collapse since the great depression.