Defaulted Loans - Addition to site rules.

**ely** · 04-20-2008, 08:51 PM

As previously mentioned any addition or changes to the Luvin Poker site rules will be posted and we would like to bring this recent addition to everyones attention.

Borrowing/Lending Funds Between Luvin Poker Members:

29. If a member borrows money from another member and it is not repaid in the agreed amount of time, said member will have posting privileges removed until the time at which the loan is repaid. Removed privileges also include the use of the chat box, arcade, gallery, etc. Once the debt is settled all privileges will be returned.

It has come to our attention that there have been times in the past and now in the present that members have made arrangements to borrow and lend funds between another member and some of the arranged loans have not been payed back after a reasonable amount of time has gone by. Hence the new rule #29.

If you have giving a member a loan and are having a hard time getting them to pay the loaned amount back instead of having to chase them around in posts and visitor messages please contact Ely by member message. Please include the date the loan was made, the amount, and any arranged conditions you made with the member who you lent funds to, as in when you expected the loan to be repayed.

Once we receive this information we will contact the member who is in default of repaying the loan. If after contact we have not heard back from said member within 24 hours his/her account will be moved to a new usergroup which will have posting privileges removed plus the inability to use the chat box, arcade, gallery, etc. You will be able to see the forums and chat box, just wont be able to use them. However the use of the member messaging system will not be removed so you can still contact the person you owe the loan to or to get a hold of Ely.

Once we get confirmation from the member who originally lent the loan that he/she has been paid in full then we will move your account back to where you were before and the posting privileges will be returned.

**LadyWrestler** · 04-21-2008, 12:44 PM

Thanks for keeping us up to date, Kyle!

**hustler730** · 04-21-2008, 12:46 PM

That is a god damned good rule!

**fuzzidrawers** · 04-21-2008, 02:00 PM

Great rule ...Thanks Kyle

**Major_Payne** · 04-21-2008, 06:47 PM

I like it

**LilMissT** · 04-21-2008, 06:50 PM

hehehe......

I'm not saying nothin!

**Ezzz** · 04-22-2008, 05:37 AM

Great idea!! But of course I have one suggestion. I know this would be a rare situation. But you never know really. One member could lie. Saying someone they dislike owes them. Or the player that owes the other. Could lie and say they never borrowed any $. I think the most fair way to enforce a rule like this is. If two players are going to borrow or lend $ etc. They both need to send Ely a PMessage stating this. Thus making it documented and fairly enforceable. JMO Its a great idea. I just feel if someones unwilling to pay back a dept. They may also to be the type to lie about ever having the dept. Having the dept documented by ONLY Ely would also prevent Player A who dislikes Player B. Making up a false $ lending story.