Bitcoin Forum

Economy => Lending => Topic started by: dylancmclean on December 10, 2016, 10:14:37 PM



Title: use rolex as collateral ?
Post by: dylancmclean on December 10, 2016, 10:14:37 PM
is it possible to have an escrow hold my rolex until my loan is repaid?


Title: Re: use rolex as collateral ?
Post by: Vod on December 10, 2016, 10:22:19 PM
is it possible to have an escrow hold my rolex until my loan is repaid?

Yes, they are called Pawn Shops.  They will give you a loan and hold your watch as collateral.


Title: Re: use rolex as collateral ?
Post by: dylancmclean on December 10, 2016, 10:40:40 PM
...


Title: Re: use rolex as collateral ?
Post by: Vod on December 10, 2016, 10:49:34 PM
pawn shops are illegal in vermont. asshole.

No surprise that you're a liar.   :-\

https://www.google.ca/webhp?sourceid=chrome-instant&ion=1&espv=2&ie=UTF-8#q=vermont%20pawn%20shops


Title: Re: use rolex as collateral ?
Post by: dylancmclean on December 10, 2016, 11:05:51 PM
two vermont results and its a thrift shop and jewelry store. i know the laws in my own state.


Title: Re: use rolex as collateral ?
Post by: Bigdan on December 10, 2016, 11:23:51 PM
is it possible to have an escrow hold my rolex until my loan is repaid?

Yes so long as you both parties agree on the same escrow and you perhaps happen to be in the same city as the escrow else you have to mail him the Rolex - that's a cumbersome process else then you should consider the pawn shops.


Title: Re: use rolex as collateral ?
Post by: dylancmclean on December 10, 2016, 11:41:27 PM
...


Title: Re: use rolex as collateral ?
Post by: Bigdan on December 11, 2016, 12:23:41 AM
there are no fucking pawn shops is everyone on this site an idiot?

There might officially not be any in your locality but pawning might be going on one way or the other there that you might not know about; he can even get a friend to pawn his Rolex so please don't limit yourself and your thoughts to an established facility.


Title: Re: use rolex as collateral ?
Post by: Huge Black Woman on December 11, 2016, 12:48:17 AM
there are no fucking pawn shops is everyone on this site an idiot?
Yo, that kinda shitty attitude is gone get you nothin' on this forum  Ain't no way somebody gonna loan to an asshole.  Jist ax yo family for it, they'll help you out.


Title: Re: use rolex as collateral ?
Post by: Quickseller on December 11, 2016, 01:47:30 AM
pawn shops are illegal in vermont. asshole.
I disagree

Quote from: VT law
Title 9: Commerce And Trade

Chapter 97: Pawnbrokers
[...]
§ 3862. License required

(a) A person shall not carry on the business of pawnbroker unless he or she has obtained a license so to do as hereinafter provided.

(b) The selectboard members of a town or the aldermen of a city may grant to such citizens as they deem proper, and who produce satisfactory evidence of their good character, a license authorizing such citizens to carry on the business of a pawnbroker. Such license shall designate the place in which such a person shall carry on such business, and such a person shall not carry on such business in any other place than the one designated in such license.
[...]


Title: Re: use rolex as collateral ?
Post by: ThatRandom8543 on December 11, 2016, 01:55:27 AM
Also, how do anyone know if its real? Escrow would have to inspect and know the difference between whats real and whats fake. If you really need money, go sell it.


Title: Re: use rolex as collateral ?
Post by: kanazawa on December 11, 2016, 07:12:24 AM
You ccna put a mansion as a collateral in this forum that it doesn't mater boy... we need things that worth HERE, not ouside... I know you got pretty descent attitude but it doesn't fit with Bitcoin world. Maybe you can let it in a pawn shop or you can sell it and try to buy it after, I dunno, you better find a better collateral btw.


Title: Re: use rolex as collateral ?
Post by: MrJelliesBelly on December 11, 2016, 08:55:50 AM
How about posting a picture of the rolex to start.