One Guys Registered 15 Domains At $12,500 On .Loans/.Credit

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.Loans and .Credit were two of the new gTLD extensions that went into the 1st day of the Early Access Program for collision domain names (EAP) Period yesterday and one guy, Ken Bramon of KB Productions Kirkland Canada spent around $180,000 registering new gTLD domain names.

The wholesale cost to registrars a domain name is day one of EAP is $10,000.

As each registrar sets the retail price I’m not sure what Mr. Bramon paid, he registered the domains with Enom.com and he could have a discounted rate below.

10 of those domain names were in the .loan, domain extension, 4 were .credit and one was a .cash domain:

all.loans
best.loans
business.loans
cash.loans
commercial.loans
company.loans
direct.loans
mobile.loans
mortgage.loans
title.loans
you.cash
e.credit
easy.credit
fix.credit
get.credit

Here are few other domain names registered on the 1 day of EAP on Donuts strings yesterday:

alternative.loans
bigmoney.cash
car.loans
commercial.loans
company.loans
file.tax
filing.claims
jewelry.insure
real.finance

About Michael Berkens

Michael Berkens, Esq. is the founder and Editor-in-Chief of TheDomains.com. Michael is also the co-founder of Worldwide Media Inc. which sold around 70K domain to Godaddy.com in December 2015 and now owns around 8K domain names . Michael was also one of the 5 Judges selected for the the Verisign 30th Anniversary .Com contest.

Comments

  1. David says

    They are certainly high priced and a dubious investment. What is the yearly renewal fee? I have found that to be difficult to determine in many of the new tlds. If it’s anywhere near what the initial reg fees are I believe a high percentage will drop after year-1.

  2. Anticareer says

    Per reverse whois he owns 194 other domains associated with his email so these look to be domains purchased for resale then. Not liking his chances to turn a profit and haven’t even mentioned the renewal costs. Could have bought an entire gTLD extension for the money. Whaddaya doing Ken???

  3. Steve says

    If he builds out those into sites/apps, he’ll do well. That was a good investment.

    Payday Loans, Title loans, etc are booming. Hedge funds are pouring money into these “loan” instruments..

  4. Steve says

    I agree with the comments above. If the intention is to flip the domains, or hold and hope for rising valuations, then I feel this was an unwise investment.

    To build out, even with basic sites, and SEO them, by all means, he’ll have a good chance to get his investment back, even if his sites are just feeders into large short-term lending providers.

    • subhash says

      I registered “payday” domains as follows any comments/compliments
      – payday.city
      – payday.direct

      * Donuts reserved payday.loans

  6. Tom says

    Some of these names come with $1,000 annual renewals, take for instance fast.loans

    Let’s hope he sells them before he gets his credit card bill, maybe register debt loans

    Car.Loans any conflict with CarLoans.com? they even own their toll free number, legal headaches?

  8. John says

    I must be missing something. I was noticing .loans domains regged a long time ago already, like months. For instance, smallbusiness.loans has a creation date of 2014-09-15. It’s private now, but I’m fairly certain I did see whois data in there from someone in Florida, and it did not look at all like regged to a registry or anything like that.

    • John says

      Come to think of it, it may have been regged to Berkens himself as I recall, his company that is.

    • John says

      Or it may have been this other entity in Florida involved with the loan business in the same area. Bottom line is I thought .loans was already online.

  10. Michael Berkens says

    John

    .Loans launched a while back but Donuts has been releasing the collision domains for the past 2 months that were blocked due to ICANN rules at the time these extension went live

    As for our company we do not hold domains under privacy so we never owned smallbusiness.loans.

  11. Tim says

    Some good ones – I like car.loans, cash.loans, mortgage.loans, easy.credit and file.tax (though I would prefer file.taxes if there were a .taxes gTLD instead). Outside of these would have also liked payday.loans & student.loans.

  15. Ken Bramon says

    I’m a little late to the party, some good comments, some not, I guess that’s why they say opinions are like… everyone has one;-) We own and are partners in various domain portfolios and feel this was a good investment both short and long term. Some domains will be for resale and some development.

    • cmac says

      Don’t you think you could of got all these domains for half the cost if you just waited a few days?

  17. Steve says

    @Ken

    I’d imagine end users like LendingTree, CrediKarma might be interested in some of your domains, and Title Loans in Title.Loans

    As mentioned in my comment above, I’d develop about 8 of your domains — nothing fancy — and hold the rest or bundle those in with the developed properties

    best of luck!

  18. Joseph Peterson says

    If Ken has the right strategy – whether resale or development – then he might well profit from these. Depends on the renewal fees and how fast he moves. Luck too.