Bitcoin Forum

Update for Archival Purposes:

LTC Loan
Lender:  ClutchThese
Date: 1/27/2014
Amount: 6.00 LTC
Repaid in the amount of 7.03LTC on January 31st.

BTC Loan
Lender:  Whirlpool
Date:  1/28/2014
Amount:  1BTC
Repaid in the amount of 1.1BTC on February 11th


Original Post:
Hello.  A good number of you may be familiar with me as a lender on these forums for the past few months, but this time around I am looking to acquire a loan.  I am looking to further expand my Scrypt mining operations and the additional funds will make this expansion much easier.  I currently own 8MH/s in equipment and have been mining Scrypt for roughly a year now.

Because of the large amount of mining equipment, you can rest assured the loan will be repaid in a timely manner.  I am anticipating two weeks till repayment, but would like 4 weeks just incase bank transfers or similar get delayed.  

I can supply receipts for all purchases as well if you feel that would add greater credibility/insurance to what the loan is being used for.
Repayment would be of 1.1BTC regardless if loan is paid back early.  I have attached a screenshot of my workers status to verify they are running.  If you would like ID or similar, I am willing to offer that as well.
I am not offering collateral the purpose of this loan is to more efficiently utilize time and accelerate expansion.  If I had alternative currencies at the moment, I would have just exchanged for BTC/USD.

https://i.imgur.com/w2AqoqP.png

Thank you for your time.

Thanks man.  No worries about not having the funds, I appreciate you took time to post.  :)

I am willing to pay more than 10% interest if anyone is willing to cover this loan within 48 hours.  Terms are negotiable.   :)

Hey bud,

I can loan you like 5 or 6 LTC right now. That's all i've got up to this point since i paid you back.

Let me know if you want this for starters.

Thanks man.  Even smaller micro-type loans of this sort do help, and I'll return with interest promptly.  Just let me know more exact figures and we can discuss.  :)

I can offer 5.6 LTC right now.

That would be greatly appreciated. 

Terms:
Loan Amount:  6LTC
Due:  Two Weeks from Loan Date
Amount Due:  7LTC
Address:  LSbpKmgveaJ9ovzmBANwvkfbZDAqVmN6Po

Let me know if there are any issues with these terms.  :)

ok, it's been sent!

Date: 1/27/2014 09:22
To: LSbpKmgveaJ9ovzmBANwvkfbZDAqVmN6Po
Debit: -6.00 LTC
Transaction fee: -0.001 LTC
Net amount: -6.001 LTC
Transaction ID: 23838ca3fc06da7b46315e05ca787605df1388bb7e5022ca3733ccd07de7cc9b

Thanks!  I see the transaction and is currently awaiting confirmations.  I'll be to get you paid back before the two week deadline. 

Others:
I am still interested in acquiring more funds for expansion under the same terms, so feel free to let me know if you are interested.  It is greatly appreciated.   :)

I'd be happy to lend you the 1btc, let me know what address to send to.

Loan Fulfilled:
Lender:  Whirlpool
Amount:  1BTC
Due: 1.1BTC by February 28th at the latest
Record: https://blockchain.info/tx-index/a152700d1278b72dd6a40a6f348afd020eb1766d83985ed6f277bea6854d76e7

Thank you very much.  I will give updates regularly if you wish.

Intend to return to you 7LTC by this Saturday, thanks again for the loan.   :)

Sounds good! 

You can send to: LavEmAkLCo3d4m6DBC8n5ijFyJNYVCZnUL

Much appreciated.

Repaid you 7.03 LTC.  You should expect to see it any moment now.  Let me know if all goes through.  :)

Just got it! You're the man!

Thanks!

This is how lending should work.  8)

Agreed.   ;)

User by the name Whirlpool lent me 1BTC on January 28th.  We agreed to repayment of 1.1BTC within 4 weeks of the date of payment. 
Currently I anticipate to have it repaid early around the 14th of February, but I can't guarantee that.  I can guarantee repayment by the 28th of February at the latest.
I'll keep you posted, Whirlpool.

Just wanted to let Whirlpool and the community know all is still on track for repayment, and I am currently anticipating to be able to pay back within two weeks of the current date.

Good to see somebody actually honoring the loans.

Keep up the good work.

Requested return address from Whirlpool today, awaiting for him to post here with it.   :)

Return address: 17LwuMefWhmf3RsHSLTDoGBuNuWfHAkeCQ

Thanks.

Good Lening.Help others and you will receive help from their.

I've updated the original post now.  I've repaid both of the loans roughly two weeks earlier than the initial terms.    :)

See this is good lending, I only wish someone would be cool enough to do this sorta thing with a newbie.. Not all of them are here to scam ya know! (yes i understand alot of them are haha)

I would lend to you honestly, but I don't have the BTC or any alt to spare.  I have roughly .2(BTC) in the hands of others [loans], and all currency from mining rigs was cashed out to repay Whirlpool's loan. 

arrrgh, sorry for the late repayment Gbatt.. will try and get you asap.  Good job paying this one back.