Community Edge Bank

[KinkKitten]

Hmm I like idea of this, I may try my go at putting a dent in the number. But that interest is killer, maybe it's time to refinance?

What's the interest rate on a mort-edge these days?

 

[Cutiegurltaylor]

What's the interest rate on a mort-edge these days?

Not to sure the exact amount but I would say far less than 5% for sure.

 

[Sir_Damian]

let me donate the 5 i did earlier: 1695/12648

and i agree that the interest rate should probably be lower if we ever want to bring the total to zero

 

[explorin]

I'm donating 5 edges. 1,700 / 12648

If interest was added monthly instead of weekly, would that be more doable? What would the OP "charge" for that reduction?

Also, I propose that if anyone wants to post in this thread they must contribute edges to do so.

 

[Cutiegurltaylor]

I'm donating 5 edges. 1,700 / 12648

If interest was added monthly instead of weekly, would that be more doable? What would the OP "charge" for that reduction?

Also, I propose that if anyone wants to post in this thread they must contribute edges to do so.

I do think monthly might be a bit more fair. as far as requiring an edge contribution there's times (like right now) I can post but not edge and still want to be part of the conversation. but dont worry, ill be donating a fair share of edges here soon.

 

[explorin]

15 more for the cause...

1,715 / 12648

 

[SpankoFae]

1,865 / 12648

Adding 150

 

[DisturbedKink]

3 more for this cause.
1868 / 12648

 

[explorin]

I am assigning the community of Kinky Wonderland 10,000 edges

We need to work together to complete the edges!

The catch is that there is a 5% interest rate that needs to be paid weekly. This means that at the end of the week, we take 5% of the total and that number of edges gets added back to the total. This means that currently, we need to complete 500 edges this week in order to make the total go down.

Interest will be added at 5 pm MT time on Sundays, starting Sunday January 11.

Report your edges here, and post the new total at the end of your post so we can keep a running total!

Butterfly: Can we renegotiate the interest compounding schedule? The 5% compounded weekly is outside of the collective ability to keep up. Would you be agreeable to a 5% monthly interest instead?

 

[DisturbedKink]

Hnng, horny brain made me edge 10 more times
1878 / 12648

 

[explorin]

11 more from me.

1889 / 12648