[SimonAnything]

Shotokan Wrote:an example . . .

Say someone borrows $100,000, for 30 days. They would pay 4000/day for 30 days. if they were to miss a payment i would tack on an extra payment or something along those lines.

Anyways, i would really appreciate all or any thoughts/advice on this idea . . .

ps to all the spelling critics, sorry for any bad grammer or spelling
sure there is a few errors

I saw an example also. How does specifying a time indicate distance?

Ok, back on topic. If you were to do something like this, you should put a cap on your loans. Also, the bigger the loan, the lower the interest rate. I believe it has already been said, but you may be catering to a small window of players here.