This subreddit has migrated to /r/Borrow
r/Loans is not a charity, and it is not a place for handouts. It is for redditors, real members of the community, to receive short-term, small, unexpected loans from other redditors—each of which must be paid back quickly.
Important Information
If you are not an active member of reddit, don't expect people to help you much at r/Loans. If you're too embarrassed to use your main account so people you know in real life won't recognize you, maybe it's best they do—they can probably help you.
If you don't know when you'll be able to pay back your loan, you'll probably be better off at r/Assistance. If you need a favor besides a small loan, r/Favors is a great place.
The /r/Loans wiki is a great repository of information. It is suggested that you check it out.
Please note that the wiki is entirely community-driven, and no information in the wiki should be considered official, or even reliable. The wiki is not a product of the moderators, and is not a source of official rules or even official guidelines for the subreddit.
Prefix your posts!
Simply put one of the prefixes in brackets at the beginning of your post (don't forget a space after the prefix!) to have it automatically color-coded when looking at /r/Loans.
What we expect
You might call these "the rules," but we like to think everybody's mature enough that enforcing rules is unnecessary. This also applies to the wiki.
We expect every post to have one of the above prefixes.
We expect a [PAID] post every time somebody pays back a loan.
We expect an [UNPAID] post only if you have made every attempt to contact the person you loaned money to, and they have not responded or refuse to pay you back. Don't start a witch hunt, but do be informative so redditors will know not to lend money to this person again.
We expect every [REQ] post to be marked with {No Longer Needed} flair when the loan is no longer needed (fulfilled, got the money elsewhere, etc). Instructions
We expect people who want to fund the loans to look at the post history of those asking and take upon themselves the burden of ensuring returned funds.
We expect people asking for loans to prove that they truly are a redditor, and pay back the loan by the agreed upon date.
We expect transparency and openness from the moderators.
We expect civil conduct from all members.
Include the following in posts
The exact amount you need
When you'll be able to pay it back
What you want to spend it on
Where you are
What About Moderators?
As moderators, we are here ONLY to fight spam, rescue properly-prefixed posts from the evil robotic spam filter
, quell troll attacks, enforce the site-wide reddiquette, and ensure the subreddit remains functional as a community wherein its members make decisions for itself.
We do not try to uncover scammers, we do not vouch for (or against) users, we do not deal with transactions, we do not act as intermediaries in any way. That is up to each and every user to do for themselves, through research, discussion, voting, and commenting.
Openness and Transparency
This is a series of posts from the moderation team about the current and future state of r/Loans.
Welcome!
Should we strike-through?
Out with the old, in with the new!
Strike-throughs are back and better than ever!
Please welcome our new permanent moderator, Sch1308!
The Last Year, and The Future
Please welcome our new robot moderator, AutoModerator!
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