Bitcoin Forum

Economy => Lending => Topic started by: BingoDog on February 27, 2018, 12:49:05 PM



Title: Two weeks loan
Post by: BingoDog on February 27, 2018, 12:49:05 PM
Loan amount: 0.025 BTC
Reason for taking out a loan: to repair a car that is needed for work
Amount to be repaid: defined by lender
Repayment date: two weeks from day the loan is given
Type of collateral: None
Bitcoin address: 1Pq7yw8fi5HBjLHK5iJwX6DpG7WYDdKU4n


Title: Re: Two weeks loan
Post by: ThatRandom8543 on February 27, 2018, 03:06:58 PM
Loan amount: 0.025 BTC
Reason for taking out a loan: to repair a car that is needed for work
Amount to be repaid: defined by lender
Repayment date: two weeks from day the loan is given
Type of collateral: None
Bitcoin address: 1Pq7yw8fi5HBjLHK5iJwX6DpG7WYDdKU4n

Dont you already have a loan out with condoras? To me, it wouldnt make sense to have two active loans, especially when one havent been paid yet (and i think the due date is passed for that one isnt it?)


Title: Re: Two weeks loan
Post by: BingoDog on February 27, 2018, 04:18:09 PM
Loan amount: 0.025 BTC
Reason for taking out a loan: to repair a car that is needed for work
Amount to be repaid: defined by lender
Repayment date: two weeks from day the loan is given
Type of collateral: None
Bitcoin address: 1Pq7yw8fi5HBjLHK5iJwX6DpG7WYDdKU4n

Dont you already have a loan out with condoras? To me, it wouldnt make sense to have two active loans, especially when one havent been paid yet (and i think the due date is passed for that one isnt it?)


Condoras is informed about this and the due date isn't passed. This is unplaned situation.


Title: Re: Two weeks loan
Post by: SM23031997 on February 27, 2018, 06:26:07 PM
Condoras is informed about this and the due date isn't passed. This is unplaned situation.
Looking your account I won't mind giving you a loan without collateral but hiding previous pending loans from new lenders wasn't a fair move.

You already offered your account as collateral to Condoras but he didn't secured it.
Quote
Collateral: my bitcointalk account

i.e why I suggest to keep it safe to help him recover his money if situation doesn't go your way.


Title: Re: Two weeks loan
Post by: BingoDog on February 27, 2018, 07:59:58 PM
I'm not hiding anything, this wasn't my intention and the fact that I have open loan with condoras is something that could easily be checked. How could I hide this? And as my first lender I informed him about my intentions before I posted this request. And I also have spoken with him about terms of loan repayment. From my point everything is clear.


Title: Re: Two weeks loan
Post by: SM23031997 on February 27, 2018, 08:42:08 PM
I'm not hiding anything, this wasn't my intention and the fact that I have open loan with condoras is something that could easily be checked. How could I hide this? And as my first lender I informed him about my intentions before I posted this request. And I also have spoken with him about terms of loan repayment. From my point everything is clear.
I can understand that you did everything right from your side. Informed previous lender but how would I know you have previous debt?
I won't fill your loan this time. I don't lend much but I should start doing background checks before lending.


Title: Re: Two weeks loan
Post by: condoras on February 27, 2018, 10:01:22 PM
I confirm that i receive a notice from BingoDog for asking a new Loan Request, due some unexpected issues from his side.
The Final Date of his Loan is on 28/02 and i expect a message from him for a Repayment or an extension if Repayment isn't possible.

To take his Account as Collateral, doesn't mean that i secure the funds that i borrow to him (or to anyone).
Instead i leave a feedback as a "receipt" of his Loan and for anyone to check.


Title: Re: Two weeks loan
Post by: BingoDog on February 28, 2018, 08:47:19 AM
As l already have informed condoras and posted on his thread I repaid the part of the loan in the amount of 0.041 BTC.
So the outstanding amount is another 0.014 BTC and for that part I asked for extension due to emerged situation.