Bitcoin Forum

Economy => Lending => Topic started by: litmore on October 29, 2015, 05:38:16 PM



Title: Looking for .4 Loan
Post by: litmore on October 29, 2015, 05:38:16 PM
Hello,

BTC community I am requesting a small loan of .4 BTC for 7 days payment. 

Terms
.4 BTC Loan
1 week repayment MAX (next friday on my payday)
payment

I do not have collateral but I can send you a picture holding my ID and give you my phone number to verify myself.


Thank you. Please send offers with rates.




Title: Re: Looking for .4 Loan
Post by: iTeachYouLearn on October 29, 2015, 05:39:40 PM
Hello,

BTC community I am requesting a small loan of .4 BTC for 7 days payment. 

Terms
.4 BTC Loan
1 week repayment MAX (next friday on my payday)
payment

I do not have collateral but I can send you a picture holding my ID and give you my phone number to verify myself.


Thank you. Please send offers with rates.




Why would someone want your ID to verify? You can still run with their bitcoins..
Without a collateral i doubt you'll get the loan.
Good luck.


Title: Re: Looking for .4 Loan
Post by: FruitsBasket on October 29, 2015, 05:40:08 PM
No colleteral will be no loan, especially if you are a newbie. And ofcourse the picture of an ID with you on it will be fake... If u want a loan this high. Bring a colleteral or don't even think about it.


Title: Re: Looking for .4 Loan
Post by: litmore on October 29, 2015, 05:43:43 PM
Just trying really need the loan. If my id is supplied and phone number so you can contact me and even we could skype to prove it is me. You would have my information address etc. If you can supply any kind of loan please let me know.
Thanks


Title: Re: Looking for .4 Loan
Post by: marjod on October 29, 2015, 05:53:13 PM
Just trying really need the loan. If my id is supplied and phone number so you can contact me and even we could skype to prove it is me. You would have my information address etc. If you can supply any kind of loan please let me know.
Thanks

Your ID and contact info are worthless since you can still easily default your loan. You have to provide a valid collateral worth 120% of the loan if you want a potential lender to fulfill it.

If you don't know what a collateral is, refer to this post: https://bitcointalk.org/index.php?topic=577765.msg6311902#msg6311902
If you are unable to provider a valid collateral, you should lock your thread since nobody will tak the risk to lend you this amount.


Title: Re: Looking for .4 Loan
Post by: litmore on October 29, 2015, 05:56:20 PM
ok, so could anyone provide me a smaller loan without collateral?


Title: Re: Looking for .4 Loan
Post by: marjod on October 29, 2015, 06:00:03 PM
Since you have a newbie account and you are likely to scam the lender, no chance at all  ::)


Title: Re: Looking for .4 Loan
Post by: litmore on October 29, 2015, 06:02:20 PM
Since you have a newbie account and you are likely to scam the lender, no chance at all  ::)

ok pretty self explanatory
thanks you guys for your responses and tips!
Let me know if you could help.
Thanks