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Offline alt

advice for expired cover order
« on: April 07, 2015, 01:14:50 AM »

when cover order expired, we take off the interest,  and forced cover 10% of the  debt.
then update the left order's time to current.

Offline sudo

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Re: advice for expired cover order
« Reply #1 on: April 07, 2015, 01:22:15 AM »
when cover order expired, we take off the interest,  and forced cover 10% of the  debt.
then update the left order's time to current.

sound nice.
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Offline alt

Re: advice for expired cover order
« Reply #2 on: April 07, 2015, 01:23:39 AM »
when cover order expired, we take off the interest,  and forced cover 10% of the  debt.
then update the left order's time to current.
for simplify the develop
every time we cover part of the debt, we can delay the expired date to (cover balance)/(total balance) * 1year
and with a limit, the expired  time can't be more than 1 month from now.

Offline sudo

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Re: advice for expired cover order
« Reply #3 on: April 07, 2015, 01:47:43 AM »
 +5% +5%
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Offline 天籁

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Re: advice for expired cover order
« Reply #4 on: April 08, 2015, 12:35:34 PM »
when cover order expired, we take off the interest,  and forced cover 10% of the  debt.
then update the left order's time to current.
for simplify the develop
every time we cover part of the debt, we can delay the expired date to (cover balance)/(total balance) * 1year
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Offline sudo

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Re: advice for expired cover order
« Reply #5 on: April 11, 2015, 09:29:58 AM »
 +5% +5% +5%
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lzr1900

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Re: advice for expired cover order
« Reply #6 on: April 11, 2015, 10:22:40 AM »
 +5% +5%

Offline btswildpig

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Re: advice for expired cover order
« Reply #7 on: April 11, 2015, 10:52:52 AM »
what do you think about the way credit card works . Due day , pay 10% minimum bill and continue interest per day , and you're settled for the month until next month's bill , and so on so forth .

I've used the minimum pay to avoid screwing up my credit report several times .

30 day cover at once not only screw himself , but screw the market too , put more down pressure on BTS if it's on a bear market with thin order book .

also charging daily interest after minimum pay earns interest (profit) for the system by lending extra leeway to the shorter after 30days  , works like a bank .

In China , banks are currently earning 1.5% interest per month on credit card , that's 18% APR , big profit for the bank .

============

same idea
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Offline taoljj

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Re: advice for expired cover order
« Reply #8 on: April 12, 2015, 05:55:22 AM »
 +5% +5%
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