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Kru Jones
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PostSubject: MnM Finance Corporation   Tue Aug 18, 2015 12:55 pm



WELCOME TO THE MnM FINANCE CORPORATION


Here at the Mnm Finance Corp,we provide small short term loans to the established MnM member. These loans can be applied to new cars from the dealership or personal loans when buying from another member. Loans CANNOT be used to gamble, buy parts or gift.

All loans require approval whether it be from a member or from the Bank. Please contact these loan officers prior to any loans.

LOAN OFFICERS
Geoff Topps~~~ Kru Jones

REQUIREMENTS

*Must have a MnM garage that is at least 45 days old in the corresponding game
*Must have your Bank Statement current, accurate, and up to date
*Must have a minimum of $7,500 in your statement
*Must have loan approved PRIOR to delivery of vehicle

TERMS OF LOAN

*Loans will be no greater than $10,000 (greater loans will be subject to approval by the Officers)
*Loans will carry a 20% interest fee
 i.e    Loan:     $10,000  x 20% interest = $12,000 owed
*Loan payments are a minimum of $2,500
*Loan payments are due every Friday
*If you are currently on a payment program, NO OTHER VEHICLES CAN BE PURCHASED UNTIL THE LOAN IS PAID OFF
*The vehicle under contract CANNOT be sold until paid for in full
*One (1) loan per 30 day period

DEFAULTED LOANS OR PAYMENTS

In the event that a loan gets defaulted or the player goes inactive the following WILL occur:

ALL prior monies paid will be lost and not refunded at any given time. No excuses!

Vehicle bought from dealership:

*First missed payment will result in a warning
*Second missed payment will result in a notification and $500 fine
*Third missed payment will result in repossession of the vehicle. All repo vehicles will be auctioned off. (Defaulted player invalid for auction) PLayer will be invalid for loans for undisclosed time and forfeiture of one (1) payday.


Vehicle bought from other MnM member:

*First missed payment will result in the MnM Bank covering the payment and the creditor will pay a $1000 fine (to be added to the loan)
*Second missed payment will result in repossession of the vehicle and forfeiture of one (1) payday. Vehicle will be given back to seller in which at that time the original seller can do what he/she pleases with the vehicle.


LOAN APPLICATION FORM:
 







         


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Last edited by Kru Jones on Tue Aug 18, 2015 1:05 pm; edited 1 time in total
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Kru Jones
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PostSubject: Re: MnM Finance Corporation   Tue Aug 18, 2015 12:57 pm

CURRENT  LOANS

Name or GamerTag: A7x Man55
Garage Name: Midnight Racing Garage
Payment Amount Remaining: $11,000
Vehicle to Purchase: 2015 Camaro
Purchasing Vehicle from: Sportsman5990

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Last edited by Kru Jones on Tue Aug 18, 2015 2:08 pm; edited 1 time in total
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Kru Jones
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PostSubject: Re: MnM Finance Corporation   Tue Aug 18, 2015 1:02 pm

VEHICLES UP FOR REPOSSESION

Seller: Kru Jones
Vehicle: BMW M5
Amount Owed: $3,150
Buyer: Mac RS4
Repo Date: 08/20/15 (resolved...no repo)

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Last edited by Kru Jones on Fri Aug 21, 2015 7:59 am; edited 3 times in total
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Sportsman5990
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PostSubject: Re: MnM Finance Corporation   Tue Aug 18, 2015 1:38 pm

Payment Pending

Name or GamerTag: A7x Man55
Garage Name: Midnight Racing Garage
Payment Amount Remaining: $11,000
Vehicle to Purchase: 2015 Camaro
Purchasing Vehicle from: Sportsman5990
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Relentless
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PostSubject: Re: MnM Finance Corporation   Tue Aug 18, 2015 2:15 pm

sportsman / night, its been approved.
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Arsye
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PostSubject: Re: MnM Finance Corporation   Tue Aug 18, 2015 8:50 pm

Kru Jones wrote:
VEHICLES UP FOR REPOSSESION

Seller: Kru Jones
Vehicle: BMW M5
Amount Owed: $3,150
Buyer: Ayrse
Repo Date: 08/20/15 (pending)

woah. what is this.. I don't remember buying an M5.
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Kru Jones
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PostSubject: Re: MnM Finance Corporation   Tue Aug 18, 2015 9:38 pm

Arsye wrote:
Kru Jones wrote:
VEHICLES UP FOR REPOSSESION

Seller: Kru Jones
Vehicle: BMW M5
Amount Owed: $3,150
Buyer: Ayrse
Repo Date: 08/20/15 (pending)

woah. what is this.. I don't remember buying an M5.


Sorry bro! Wrong person!

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Wolfling
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PostSubject: Re: MnM Finance Corporation   Sat Sep 12, 2015 6:15 am

Name or Gamer Tag: Little Wolflet
Garage Name: Wolf's European Attack
Loan Amount applying for: $280,000
Vehicle to Purchase Lambroghini Aventador
Estimated Length of Loan: 112 weeks
Purchasing Vehicle from: Dealer
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Arsye
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PostSubject: Re: MnM Finance Corporation   Sat Sep 12, 2015 6:18 am

Holy shit, thats a huge Loan lol
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xCalluumm
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PostSubject: Re: MnM Finance Corporation   Sat Sep 12, 2015 8:12 am

"Loans are to be no greater than $10,000"

lol.
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Wolfling
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PostSubject: Re: MnM Finance Corporation   Sat Sep 12, 2015 8:13 am

Geater loans will be subject to approval by the Officers
Read it all
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xCalluumm
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PostSubject: Re: MnM Finance Corporation   Sat Sep 12, 2015 8:28 am

Haha. Yeah but why would you want a loan for over 2 years?
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Wolfling
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PostSubject: Re: MnM Finance Corporation   Sat Sep 12, 2015 8:30 am

Why not? I'll have a lambo
Not to mention its the bere minimum time, it doesn't take into account lobbies and time attacks an whatnot
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Arsye
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PostSubject: Re: MnM Finance Corporation   Sat Sep 12, 2015 8:54 am

If I were you I would've added up your forza 5 paydays, cashed in to make the lambo no cost as much, I see why you are selling your Viper now
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Wolfling
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PostSubject: Re: MnM Finance Corporation   Sat Sep 12, 2015 8:55 am

Haha I don't think to cash in FM5
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Wolfling
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PostSubject: Re: MnM Finance Corporation   Sun Sep 13, 2015 4:49 am

Anything?
Wolfling wrote:
Name or Gamer Tag: Little Wolflet
Garage Name: Wolf's European Attack
Loan Amount applying for: $280,000
Vehicle to Purchase Lambroghini Aventador
Estimated Length of Loan: 112 weeks
Purchasing Vehicle from: Dealer
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DsIck_NuKEz
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PostSubject: Re: MnM Finance Corporation   Wed Sep 16, 2015 7:39 pm

Name or Gamer Tag:DsIcK_NuKEz
Garage Name:DsIcK Motorsports
Loan Amount applying for:$6,000
Vehicle to Purchase 07 Gt500
Estimated Length of Loan:2 Weeks
Purchasing Vehicle from:Dealership
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Kru Jones
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PostSubject: Re: MnM Finance Corporation   Thu Sep 17, 2015 1:48 am

Wolfling wrote:
Anything?
Wolfling wrote:
Name or Gamer Tag: Little Wolflet
Garage Name: Wolf's European Attack
Loan Amount applying for: $280,000
Vehicle to Purchase Lambroghini Aventador
Estimated Length of Loan: 112 weeks
Purchasing Vehicle from: Dealer

NEVER

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Kru Jones
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PostSubject: Re: MnM Finance Corporation   Thu Sep 17, 2015 1:51 am

DsIck_NuKEz wrote:
Name or Gamer Tag:DsIcK_NuKEz
Garage Name:DsIcK Motorsports
Loan Amount applying for:$6,000
Vehicle to Purchase 07 Gt500
Estimated Length of Loan:2 Weeks
Purchasing Vehicle from:Dealership


Approved:

$6000 x 20% = $7,200

Payments of $3,600 x2

First payment due 9/25


EDIT.....IF THIS IS FOR FH2 GO AHEAD...FM6......NO

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Last edited by Kru Jones on Thu Sep 17, 2015 2:04 am; edited 1 time in total
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Wolfling
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PostSubject: Re: MnM Finance Corporation   Thu Sep 17, 2015 1:55 am

Kru Jones wrote:
Wolfling wrote:
Anything?
Wolfling wrote:
Name or Gamer Tag: Little Wolflet
Garage Name: Wolf's European Attack
Loan Amount applying for: $280,000
Vehicle to Purchase Lambroghini Aventador
Estimated Length of Loan: 112 weeks
Purchasing Vehicle from: Dealer

NEVER
Why not?



Because I'm not loaning ANYONE supercar money, EVER.....
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Wolfling
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PostSubject: Re: MnM Finance Corporation   Thu Sep 17, 2015 4:15 am

Christ... A simple no would have been fine Kru...
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Relentless
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PostSubject: Re: MnM Finance Corporation   Thu Sep 17, 2015 4:16 am

Kru Jones wrote:
DsIck_NuKEz wrote:
Name or Gamer Tag:DsIcK_NuKEz
Garage Name:DsIcK Motorsports
Loan Amount applying for:$6,000
Vehicle to Purchase 07 Gt500
Estimated Length of Loan:2 Weeks
Purchasing Vehicle from:Dealership


Approved:

$6000 x 20% = $7,200

Payments of $3,600 x2

First payment due 9/25


EDIT.....IF THIS IS FOR FH2 GO AHEAD...FM6......NO

I have a high suspicion that this is for fm6, like kru said, if it is, denied.
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DsIck_NuKEz
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PostSubject: Re: MnM Finance Corporation   Thu Sep 17, 2015 6:04 pm

it was for forza 6 Crying or Very sad Sad
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Legacy
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PostSubject: Re: MnM Finance Corporation   Tue Nov 03, 2015 5:05 pm

Name or Gamer Tag: Legacy 2JZ
Garage Name: Legacy Performance
Loan Amount applying for: $7,330
Vehicle to Purchase: 2013 SRT Viper from my FH2 Garage Cash in
Estimated Length of Loan: Every payday til paid off
Purchasing Vehicle from: Garage Cash in thread

Extra info: The car on FM6 is valued at $110,000 + 4500 for race twin turbo conversion = $114,500. 60% of that would be 68,700. I currently have $61,370 in my FM6 bank. $68,700 - $61,370 = $7,330. 7,330 * 20% = $8,796 <- I would owe
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