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Title: Question about getting a Loan Post by: Forthehorde66 on September 06, 2019, 12:48:23 PM Hello, community. What is the main criteria for gaining a person's confidence that the person is trustable for a loan, is collateral obligated?
Title: Re: Question about getting a Loan Post by: N0sferatu on September 06, 2019, 01:06:34 PM On top of the lending sub you can find the stickies everyone should read first.
https://bitcointalk.org/index.php?topic=577765.0 The rule of "No Collateral, No Loan" means that in order to get a loan you must give collateral that is equal, or preferably higher to the amount you are being loaned. If you completely ignore this sticky and make a loan request with no collateral, without having massive trust on the forum, the chances of you getting negative trusted feedback and therefore having a Trade with Extreme Caution tag is almost 100%. So yes, collateral always is mandatory. Title: Re: Question about getting a Loan Post by: Forthehorde66 on September 06, 2019, 01:10:51 PM Thanks :-)
Title: Re: Question about getting a Loan Post by: TheUltraElite on September 10, 2019, 06:56:45 AM -snip- But honestly speaking in this forum trust is gained only to be broken. :-[I have so many usernames take loans and then never come back. These people follow the same process as you have described, take non-collateral loans again and again return them on time and one fine day they are nowhere to be seen. Actually they are still here but having a new bitcoin address and a new username to scam someone else. In reality nobody can be trusted on the internet, those who give out non collateral loans are being generous so to speak. Title: Re: Question about getting a Loan Post by: nydiacaskey01 on September 10, 2019, 07:38:59 AM -snip- But honestly speaking in this forum trust is gained only to be broken. :-[I have so many usernames take loans and then never come back. These people follow the same process as you have described, take non-collateral loans again and again return them on time and one fine day they are nowhere to be seen. Actually they are still here but having a new bitcoin address and a new username to scam someone else. In reality nobody can be trusted on the internet, those who give out non collateral loans are being generous so to speak. |