Talk:JAK Members Bank

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What are savings points?[edit]

I didn't understand "saving points" and "saving periods" in this article. - Timashea (talk) 08:15, 9 October 2008 (UTC)

Flaws in the system[edit]

This article should include a discussion of the flaws of the system, for example the possibility of collecting points (keeping money in the bank) when the interest rates are low and spending the collected points (borrowing money from the bank) when the interest rates are high. Unless the points are connected to actual interest rates, there is always a way to benefit financially from the other members of the bank. The only way to avoid this is to admit that the points _are_ actually a form of _interest_. Calling them something else does not really change anything. —Preceding unsigned comment added by (talk) 05:33, 18 October 2008 (UTC)

Saving points[edit]

Saving points are not interest, saving points are to keep track of peoples reach when it comes to taking out loans, see saving points as imaginary trackers that wont allow you to take big loans when you wont be economically fit to pay them back in the long run, there are no interest rate whatsoever, there are only administrative loan fees and membership fees as only economical gain as well as voluntary work. —Preceding unsigned comment added by (talk) 20:30, 27 November 2010 (UTC)

Similar initiatives[edit]

Do you think it would be ok to include a link to ? Maybe we should create an article about it and link to it. Elifarley (talk) 01:18, 29 June 2009 (UTC)