How to make money by issuing a loan webmoney. WebMoney Credit
Most freelancers have at least one wallet in the WebMoney payment system. If things are going well, then quite a lot of funds can accumulate in the account of the wallet owner. What to do with them? Spend or keep saving? If you do not want the money to lie without movement, then you can try to increase it by issuing loans to other participants in the system. Of course, lending is a risky business and cases of non-return of funds periodically occur, however, the WebMoney system is quite authoritative, so that subject to certain rules, the risk of losing money is minimized.
INTRODUCTORY INFORMATION
Any user registered in the system can become a member of the WebMoney lending exchange. There are no restrictions on the minimum loan amount, that is, you can start with any amount. Even if you have only $ 10 (and loans are issued in WMZ) - you can proceed to issue loans.
WebMoney credit exchange has been operating for a long time and is trusted by the participants of the system. As a result, lending on the exchange is quite large. Basically, loans issued are microloans that are issued at high interest rates. A loan at 1% per day is a very common occurrence. However, there are loans at 5% per day. So you can earn. It is easy to calculate that if you give out $ 100 at 1% per day for a period of 7 days, then in a week you will have 107 dollars. The amount of earnings is small, but at the same time you still earned, and the money did not lie dead weight.
HOW TO BECOME A LOAN?
As mentioned above, in order to start making money on the lending exchange, you need to have a WebMoney (WMZ) dollar wallet and a certificate no lower than the initial one. After this, you can begin to search for participants who need a loan. The owner of a WMZ-wallet can open a “trust limit” to any other participant in the system, and it is necessary to indicate the limits by time and amount, as well as the amount of the daily percentage. There is another way: go to an automatic credit exchange and choose the best loan offer.
To insure yourself as much as possible against the risk of non-repayment of money, you need to carefully study the profile of the borrower. First of all, you need to check the certificate of the borrower - its level (formal with confirmed data, initial, personal), date of registration, level of business activity of the system participant. If the borrower is active enough, has long been registered in the system, then it is quite possible to trust him.
TYPES OF BORROWERS
Who most often takes short-term loans in the WebMoney system? Without an understanding of this issue, it is better to stay away from the exchange, as there is a risk of running into scammers. Despite the fact that the amount of loans on the exchange is small, the fraudster can take many small loans and then disappear without a trace. So you need to know the approximate portrait of a respectable borrower.
A person who urgently needs a microloan. Very often a situation arises when WebMoney is urgently needed, but there is no money. For example, a freelancer needs to buy a PRO account, transfer money for work, pay for hosting or make a small purchase on the Internet. Then the participant of the system goes to the exchange and takes a microloan, thereby quickly solving his financial problem. Such a loan is not bonded, even at a high interest rate - if, for example, borrow $ 50 for a week, then interest will be $ 3.5. An experienced freelancer will earn this money in a few days.
Internet entrepreneurs.Network startups today appear like mushrooms after rain. And it is far from always that a large investment requires a big start. Startupers go to the stock exchange and choose a loan there with a minimum rate and, very importantly, for a long term. This is much more profitable than obtaining a loan from a bank. You need to be able to distinguish reliable startups from people who rush about with some fantastic projects. Before lending money, it is advisable to make inquiries not only about the participant in the system, but also about his startup. If you can see that the project is interesting and lively - why not lend money?
Players. Credit exchange is primarily a stock exchange, therefore it is not surprising that there are people trying to earn on the difference in interest. The scheme of their work is extremely simple: they take funds at a low interest rate and provide loans to other participants. Moreover, the interest in microloans issued by them is much higher. Of course, players take risks by issuing money at a high percentage, but with a sufficiently large number of operations, they minimize the risk. Players usually have a good proven certificate and high BL, so you can work with them.
Fraudsters. And, of course, scammers - where without them. Swindlers are tricky enough, as evidenced by statistics on bad loans. Most often, they use the carelessness of players from whom they gain a lot of small loans, and then disappear without a trace. But sometimes ordinary victims of the system become their victims. To reduce risks, it is better not to give large amounts of money in debt. It is better to give out 10 loans for 10 dollars, than one for $ 100.
WHAT TO DO IF THE BORROWER PAYS FOR A RETURN OF THE DEBT?
I would like to write something optimistic here, but it is unlikely to succeed. If the debtor does not return the money, returning it through the court will be a very costly affair. It is possible to transfer debt to collectors, but financial losses cannot be repaid in this way. All that can be done is to block the wallet of the debtor. Then, if funds will come to him, they will be transferred to the creditor. So in most cases, debt is easier to write off. If you act with caution and do not give out too large loans, then the number of "bad" debtors can be minimized.
I want to tell you how you can get passive income by lending money through the Webmoney system.
There are two options for implementing this idea, either you have trusted correspondents to whom you open a credit limit, or you post your offer with the terms for issuing funds on a WMZ wallet in debt.
The service works only with dollars, so having a WMZ wallet is mandatory!
Getting started with debt service is very simple. You must enter your account and in the top menu, go to the tab Private - Borrow - Debt Service.
On the site of the debt service, you can create trust limits for familiar users or for those who respond to a posted offer to provide you with borrowed funds.
To create your application for a loan, you must use the application form on the appropriate page.
As you receive answers to the proposal, you can create your own list of borrowers, weed out unscrupulous people, lower the percentage for those responsible, and so on.
Features of earning on loans Webmoney
Freelancers are the main users of electronic payment systems, including WebMoney.
With a stable flow of funds to the dollar wallet, you can try to increase the balance by providing short-term loans to other users who want to take them.
The interest rate is set at your request, you can set and 7% per day and 30% per month, as you wish.
Since a freelancer works on the Internet anyway, including the risk of facing unpaid work, the risks associated with non-repayment of debts in WebMoney can be called not critical, although the likelihood of such risks is, of course, as in any type of business, especially credit.
The system has a certain set of tools aimed at identifying unscrupulous borrowers.
The system forces them to return the borrowed money along with interest or, in extreme cases, it will greatly complicate their work with their own wallet.
The wallet of an unscrupulous borrower can simply be blocked, and upon receipt of funds, it will be automatically transferred to the borrower's wallet until all the necessary amount is collected.
If you take into account the fact that the demand and supply of these loans is quite large and many people earn money on the provision of WebMoney loans, then, accordingly, everything is not so bad.
What you need to earn money on WebMoney loans
If you have a WebMoney wallet, then to work with a debt service you just need to have some money in American currency on this wallet.
There is no minimum loan amount, you can give out 10 WMZ and 100 WMZ, in general, as much as you want or as much as free funds allow.
The credit exchange in this system has been operating for a long time and has won the trust of users.
Thus, microcredit operations, in general, attract significant amounts and, accordingly, more and more new participants.
The most common loan rate is 1% per day, this can be called the standard for the WebMoney debt exchange, there are also 5% and even more exotic options.
Well, we don’t need experiments, so it’s best to stay at the standard 1% per day.
Roughly speaking, at the current dollar exchange rate, under the given conditions of the loan, monthly earnings can amount to 1,680 rubles of passive income.
Is it a lot or a little? Given the small active capital, this is not so small, but in terms of global enrichment, this amount is certainly insignificant.
Now it is possible to lend WMR in rubles, but traditionally everyone uses the good old WMZ.
The certificate should not be lower than formal. Obtaining a formal certificate is quite simple, you need to specify passport data and upload scans of documents.
The more information, the more confidence. There is a special “trustworthiness” ratio or BL activity index in the system.
In addition, the borrower must upload his photo, otherwise the system simply will not pass it into the service.
Then we choose a method of providing funds in debt:
- We independently select a correspondent and open a credit limit for him on certain conditions;
- We go to the automatic exchange - automatic and choose the appropriate credit line.
I earned some time by issuing WebMoney loans using money received from exchanges.
I never switched to an automatic credit service, I borrowed all the money only from my correspondents for a short time from one to 7 days, at 1%.
Mostly my borrowers were freelancers like me. They needed these funds to pay for server rental, to buy a “pro” account on the freelance exchange, or to purchase software.
They worked and earned money on the Internet and, accordingly, all payments took place in electronic currency, so a WMZ loan was the most optimal option.
I didn’t make much money, and the money was constantly needed, I put it on the card, almost immediately upon receipt of WebMoney.
In my opinion, such a form of earnings as WebMoney loans is quite normal. And who does not take risks, as you know, he does not drink champagne!
How to choose a bona fide borrower?
Human activities in the WebMoney system are necessarily reflected in the ego profile.
To choose a responsible and conscientious borrower, it is enough to carefully study the available information about this WebMoney user.
- What interests first of all:
Certificate, - How much time is in the system,
- Level of business activity,
- Reviews
It should be understood that the business activity index has been developed for a very long time, over the years, and with an unfair attitude to its obligations, this indicator is instantly cut off.
Thus, a high BL index is already a good guarantee for the borrower.
Initially, you should not give out large amounts in one hand. It is best to develop your own algorithm for financial communication.
A bona fide borrower will consistently raise borrowed funds and lower the interest rate.
Do not give money to people with a business activity index below a certain number, for example 50.
Determine the maximum possible loan amount, for example 300 WMZ and under no circumstances skip over it!
It’s easiest to give funds to correspondents yourself, of course, but the whole risk of the transaction will rest only with you!
What to do with unscrupulous borrowers?
The question is of course interesting. First of all, add them to the “black list”, then try to influence them with the help of debt service tools.
If all else fails, you can turn to the “collectors”, but in this case the financial result will be insignificant, unless justice triumphs and the “bad” borrower is somehow punished.
In conclusion, I can say that only a careful selection of borrowers and a balanced financial policy guarantee a positive result and stable earnings on WebMoney loans!
Jan-22nd-2013
Not so long ago, I fit, for one of my clients, into one interesting topic: he asked me to give him a loan at 10% per month (agree not a sour interest) on WebMoney for $ 300. The man was checked, so he decided to entrust this insignificant amount to him. I went to the site https://debt.wmtransfer.com to provide loans and began to study it.
On the left, in the menu, you can select "I trust." We move on to this point and here you can add to whom and how much you want to entrust. There is also a filter to search for people who ask for a loan. By the way, the number of people who are willing to take out a loan at 10% per month is quite a lot. I thought, why not put money into circulation, which are dead weight on WebMoney. And I set up such a filter for myself:
Buisness Level by 100
Trust Level\u003e 50
The certificate is not lower than personal.
Amount of money 100 WMZ
Deadline 50 days
It seemed to me that people with a personal certificate and a BL over 100 would hardly risk their reputation, because getting such a BL is not so easy, by the way, my BL \u003d 130. Each person in the comments displays the goals of taking a loan, most of which it’s an online business, but there is also a consumer segment, someone doesn’t have enough to repair the car, someone urgently wants to go on vacation, etc. For myself, I selected 15 people who at first I would trust for $ 100 plus mine $ 300 friend;
In total, it turned out $ 1800 for credit needs.
Now about the results of this earnings, for me they turned out to be a little unsuccessful - but failure, this is also an experience:
2 months later:
Of the 15 people, only 10 signed up for a loan.
Four of them returned the loan ahead of schedule.
2 people didn’t repay the loan at all: - $ 200, and the BL returned them for this. (Either money troubles, or scammers.)
On the rest I earned about $ 87 per month.
———————-
Total: minus 113 dollars.
PS: But there are pluses here, the rest of the people - who returned the money, also borrow money further, and then they are also returned. So by trial and error, you can dial your pool of trusted clients. If the results will be - I will write a separate article.
Continuation of the story about loans on WebMoney
I haven’t knocked out money from those debtors, I don’t even hope that they will return the thread someday, although there is a debt knockout exchange - but you need to bother there and you will get a maximum of 10% of the official amount, that's why I didn’t to contact.
As stated in the afterword, I decided to recruit trusted clients. From the moment of part 1 another 3 months passed and I scored 39 clients, I will tell you how I did it:
.
D in order to check the good faith of clients I acted in two ways, the first - I checked on TL http://events.webmoney.ru/ the credit history of TL and the history of BL for each user (click on the profile on BL and TL and look at the graph), if six months there were no drawdowns, then I went to the second point: ways to build confidence: 1 time I give out a loan of 50 WMZ; If the client returns without delay, then the rate doubles, becoming 100 WMZ; Then again 2 times; Etc. If I spend at least a day, then I reduce the rate by half. Those who have reached my maximum confidence limit (500 WMZ) I lower the rate to 6% per month, at the moment I have three such clients; I set limits on the time of the loan: first 1 month, then 2, 3, 4; I don’t give out for more than 4 months.
The result for 3 months at the second iteration is this: +120 WMZ; That is, for all the time I went into a plus. If I go further according to such a scheme, then according to my estimates, it is planned +200 dollars monthly for WebMoney loans, provided that 5000 WMZ will work;
The only problem that can arise is when these 5000 WMZ are urgently needed urgently back; But here I will act like a real Russian - I hope I do not need them urgently.
Continuation of the story about WebMoney loans May 11, 2013
Today I uploaded statistics for 5 months of working with loans using WebMoney, now I have practical numbers and not in theory.
To make money on loans, you must have free finances. Issuing loans in Webmoney (WebMoney) is carried out in wmz. An option to borrow money for a higher percentage exists, but it is more complex and usually less effective.
Options for issuing loans Webmoney
- Issuing loans on the forums
- Issuing loans through the loan application form on your website (manual processing, individual contact)
I give out loans using Keeper Klassic (Keeper Classic). To issue Webmoney loans, you need to create a WMD wallet. To issue loans under trust limits, a special wallet is not required, although some create a separate wmz wallet for issuing loans.
Creating WMD WebMoney wallet (WebMoney).
To create a WMD wallet you need to select the menu item - Wallets - Create new, or click the Create icon in the Wallets tab. You can also right-click on a free field, being in the tab of the purse keeper and select the create item from the context menu that appears. In the next step, select the WMD wallet type, in the next step we accept the user agreement. After that, a new wallet will be created and will appear in the list of wallets.
There can be only one WMD wallet; you cannot delete it after creation.
Read more about each of the options for issuing loans Webmoney
A credit machine requires additional initial investments not only directly for granting a loan, but also for buying a script, creating and promoting a site. For lending on the stock exchange loans need to analyze the application. Upon issuance of trust limits, the borrower's keeper is not automatically blocked upon non-repayment; when a loan is not repaid, it is blocked. When issuing through forums, you must be online to contact the borrower and then arrange for the issuance of money through a loan or trust limit.Own credit service (credit machine)
For a credit machine, they usually create a separate site. Install a credit machine script that you can buy on it. Adjust the conditions for issuing loans. Promote a site to attract borrowers.
Examples of existing credit machines can be found on page item Where to get WebMoney on credit.
Issuing loans on the Webmoney loan exchange
WebMoney Transfer Credit Exchange is a system for issuing and receiving loans on the Internet. To issue loans on the Webmoney exchange, you must have a Webmoney certificate no lower than the initial one.
In order to issue a loan, go to the application section and analyze the loan applications submitted by borrowers.
Analyze a number of application parameters. Such as loan amount, amount to be repaid, interest rate, loan term, purpose of obtaining, guarantee of repayment, amount of debt on previously taken loans, past loan delays (blocking of Cyprus), loan frequency and other parameters. I want to note that, among other data, the potential lender looks at the credit history, passport data specified in the certificate of WebMoney, as well as the IP from which the application was submitted.
When issuing loans, in addition to the usual commission of WebMoney Transfer, 0.8% of the amount when transferring money, when returning from the lender, 0.1% of the amount of the return is charged.
Webmoney exchange allows you to issue collective loan, This is a loan in which each lender gives out only part of the requested amount. Most of the applications listed on the exchange are collective, i.e. You can give part of the requested amount. With a collective loan, the amount of repayment received by each lender is proportional to the amount of money provided to them.
After collecting the full requested loan amount, the borrower’s WMZ wallet will receive an appropriate amount of WMZ, and the creditor’s wallet D will receive debt obligations in the amount indicated for repayment. If the entire requested amount is not collected, the application for a loan will be canceled (expired). If the application is overdue, then the entire amount already collected (provided) is returned to creditors.
The potential borrower can be asked additional questions both individually and on the exchange in the comments to the application.
Issuance of loans under trust limits through the debt service Webmoney
webMoney debt service. Allows you to lend wmz money in the WebMoney system. This is a credit system where participants with loans can be people with formal certificates. Having a formal certificate, you can both issue and receive wmz on credit. Those wishing to give money on credit to a person with a formal certificate are extremely rare, and they require return guarantees.
To provide money through the WebMoney debt service, you need to set confidence limits for other members of the WebMoney system. By choosing suitable applications in the debt service or by submitting your offer. The greater the number and amount of trust limits confirmed by the availability of money from the principal, the greater the TL value for a particular WMID. The general level of trust limits set for this WMID, confirmed by the presence of WMZ, is determined by the TL parameter. The borrower can take the money in installments, within the amounts and terms set for you in the trust limits.
The system does not take additional commissions only normal when transferring money to the Webmoney system 0.8%. Logging into a debt service is the usual authorization by WMID.
To provide an opportunity to borrow from you another member of the Webmoney system, you need to add him to the list of keeper correspondents. Then set a trust limit for him. Specifying the parameters: maximum loan amount, maximum term, percentage, WMZ wallet. Interest is indicated per day, so if during the negotiations you agreed on the amount of interest per month, then divide by 30. To receive a loan, your borrower must agree to your terms. Consent to the terms of the limit does not oblige to borrow money on it, but only provides an opportunity to borrow if necessary. If there is a limit of trust, you can borrow in established limits on any day.
Unlike other credit systems, when lending through trust limits, the lender can return the funds before the loan term expires, with the loss of all interest, but for this the borrower must have money in his wallet. It is better not to use this opportunity, except in exceptional cases.
In applications for receiving money on credit, the desired amount (range of amounts), interest rate, term, type of certificate and other conditions are indicated. For the convenience of finding a suitable application, use column sorting (repeated clicking on the title of the title will reverse the sort order).
Issuance of wmz on p2p credit exchange
A credit machine on which there is a p2p credit exchange for the automatic granting of loans. Create one or more loan applications. In this system, lenders add applications and parameters in which you can get a loan for this application. The number of applications submitted by one creditor is not limited. The borrower selects among all the offers available to him.
- Loan offer options:
- percentage minimum and maximum;
- credit term;
- minimum and maximum loan amount;
- minimum level of certificate (initial or personal);
- minimum Business Level (BL)
- minimum age of the certificate (measured in days);
- maximum debt on the borrower's WMC wallet;
- the maximum number of claims on the certificate (if -1 is not checked);
- the content of the loan agreement accepted by the borrower before receiving the loan;
- some other parameters, for example, you can specify one (list) WMID only for which a given loan offer is valid or vice versa indicate one (group) WMID for which this loan offer does not apply (Black List).
To get a loan, go to the service. You will see a list of all currently available credit offers for you (more precisely for your WMID). The list is sorted by percentage of smallest to largest. Choose a suitable loan offer for you and click receive. You get a loan after automatic processing within a few minutes. At the same time, choose from the ranges of the amount and loan term indicated in the loan offer the most suitable ones.
Above the list with loan offers there is a field with the inscription show all offers. If you click on show all offers, then you will see all the offers of lenders. This may be useful for analyzing loan offers.
Issuing loans on the forums
Create a topic on granting loans in the appropriate section of the thematic forum. Indicate in the subject the main conditions that the borrower must meet in order to apply for a loan and how to contact you. When applying, you drown the questions that interest you and decide whether or not to give a loan to the person who has applied. Then you issue the issuance of money through p2p credit exchange, Webmoney credit exchange or through a trust limit.
Issuing loans through the loan application form on your website.
On your site, create a feedback form with the fields that a potential borrower must fill in to apply. Promote this page so that those who wish to get a loan can get to it. Regularly analyze received applications. Conduct personal negotiations with borrowers. Then, with a positive decision on the issue of money, you arrange a loan through a p2p credit exchange, Webmoney credit exchange or a debt service.
Features of Internet loans Webmoney (WebMoney)
Most willingly, lenders give money to borrowers who have already taken loans online and repaid them in a timely manner. WebMoney system stores data on the amount of loans that you took on the network with its use.
Money transfer between wallets of the same type (in this case WMZ) within one Wmid is carried out without commission.
When a loan is issued, the borrower receives wmz, and the lender receives a sum of debt obligations to the WMC wallet.
The borrower has the opportunity to repay the money ahead of schedule, the amount of repayment is not recounted. Although there may be an individual agreement on the translation between the lender and the borrower. When issuing loans, borrowers can repay the loan amount not in whole but in parts.
If the borrower has problems with the return of funds associated with the loss of WMC wallet data or with the loss of access to the keeper. Loss of WMC wallet data can be caused by some malfunctions or more often by reinstalling the operating system. In order to repay a loan in such situations, autoscription is used. For auto-recording, it is necessary that by the time it is held, your WMZ wallet has an amount sufficient to repay the loan. Auto-recording is carried out twice a day at 4:00 and at 18:00 Moscow time. Auto-write for a loan occurs once in the near future (4:00 or 18:00) after the loan has expired if all the necessary amount for repayment is available. WebMoney will write off the amount of the debt and transfer it to the creditor automatically. If the money is not enough, the borrower's keeper is blocked, and the money will be debited as they are received.
The Webmoney Debt debt service provides WebMoney Transfer members with the opportunity to quickly and profitably give money at interest rates to private individuals online. You yourself choose whom to help with money - through flexible settings:
- desired amount;
- loan term;
- rate for use (interest on issued funds);
- requirements for the certificate and the level of BL (the higher the level of BL and certificate, the more experienced the participant).
Funds are provided in several currencies: Russian ruble, Ukrainian hryvnia and American dollar (WMR, WMU, WMZ). In order to loan to another member of the WebMoney Debt system, you need to have a certificate of at least personal and funds in your wallet.
If you wish to lend to a private person known to you, decide - how much you want to give, the term of return, at what interest. Indicate these conditions, as well as the correspondent data in yours.
If you want to lend money to any WebMoney user, on the tab, specify the desired loan parameters, and the System will find you a suitable offer.
If no offer suits youcreate your own. The borrower, who accepts your conditions, can register a loan at any time, receive funds and withdraw them to the card.
All trust limits opened by you are in the tab. The funds that you lend, you can track on the tab.
Note:
Loans are only debt relations carried out strictly through the Webmoney Debt system. If you loaned and did not return the money, you can sell the outstanding debts on the debt exchange.
Advantages of WebMoney Debt Service
- This is more profitable and faster than lending money against a receipt.
- You can lend money conveniently and without extra risk.
- You are able to help people who live far away from you with money.
We will be glad to see you among the participants of WebMoney Debt and wish you a productive use of your financial savings!