Bitcoin Forum

I'll launch the service 1 week after the ban on mixers is in. Loan applications will be considered from Jan 7th 2024.

The service's open to users who want interest free loan between $10-$125 for up to 21 days max.



 Who can apply _\
Any user who's got crypto collateral to the value they're applying for.

Any user who's in paid campaigns.

If you've got neutral feedback your application's going to be considered.

If you've got outstanding loans or negative feedback please don't ask because your application won't be accepted.


 Is it really interest free? _\
Yes it's interest free. I'm lending for up to 21 days max. All I'm asking is you repay the full amount on the agreed date. You'll arrange permission from your sig campaign manager to pay the loan direct to me if you didn't repay on 14 days. If your sig campaign manager's my safeguard I'll lend the money.

If you want to include a tip with your repayment it'll be accepted with thanks.


 How much can be applied? _\
The amount's capped at your week sig campaign pay up to $125.

For example if you've applied for $21 or more but your sig campaign pay's $20 week you can't because the max you should apply for is $20.

If you apply for $51 or more but your sig campaign pay's $50 week you can't because the max you should apply for is $50.

If your sig campaign pay's $35 week you can apply for $10-$35.

If your sig campaign pay's $72.50 week you can apply for $10-$72.50.

If your sig campaign pay's $200 week you can apply for $10-$125.


 When does it get repaid? _\
Unless we've agreed differently all loans must be repaid by 21 days. If the loan's repaid sooner it'll be appreciated because funds will be available to other applicants.

When you repay the loan you aren't obliged to include a tip but you'll have to return the loaned amount including tx fees I've incurred to send it to you.

For example if you've borrowed $50 USDT but it's cost $1.15 to send it you must return $51.15 USDT. If you've borrowed 0.0013BTC but it's cost 0.000065BTC to send you must return 0.001365BTC.

USDT's been paused so only apply for BTC loans. Ask questions. I'll give more info on how you're to apply & explain any rules changes if required.

Res

In no need of a loan but I wanted to wish you good luck with your kindly interest free service. Good luck arabspaceship123! 🙏

Rules are clear and fair IMO, this is always cool to see this kind of services proposed to the community, I wish you good luck arabspaceship123  :)

All the communications we had together were always positive, I have no doubt that you will be a good lender!

Thanks for the well wishes. I'm trying my sturdiest for this idea to work.

I'm delighted you like how I'm trying to change the way lending's operated here. Your positive advice helped thanks supporting me. By sending support messages you've given me confidence :)

I'll make the service underway after the mixers ban. I'd expect a practicability some users who'll be removed from mixers campaigns could default so I've marked 1 week before assessing loan applications.

Man, I'm pretty happy to see members like you who lend others in need without any interest. I'm sure you'll soon have many people who need the loan and they'll pay you back and they will also send you some tip for your generosity. No one is offering such service other than you but I must warn you to be careful from scammers they always try to scam positive people like you. Be careful that's what I would say and best of luck from my side, I hope you'll lend money to those who need it the most.

Good luck with your service, I hope people won't take advantage of it!

It's a smart move to cap it at the borrowers weekly signature payment, this secures they should have 3x the loan amount after 21 days and a repayment should be no problem. Also this pretty much destroys the incentive of scammers since it wouldn't make sense to lose an account/signature deal over scamming 1 weeks payment.
I mean, we have seen such idiots before and you never know, but it really should not happen with this kind of insurance.

Hopefully it works out for you and people will also show some appreciation!

Thanks for advising I'll try keeping distance to sharks & scammers. If I'm losing money because of defaulters I'll stop the service. Forum lenders have given helpful money services over time so they're established. I'm trying a modern lend style which's in opposition to big interest on loans.

I hope I'll make interest free loans a commonly used route which's replicated by more users so they'll becomes lenders. If it happens there'll be increased pools of interest free lenders to choose from.

If they'll appreciate with tips it's going to be better for me but they don't have to. I don't want to spend my flow from UniJoin's sig campaign so I'm stacking sats. While I'm saving BTC I don't mind helping other ppl. If I'm successful it's going to encourage me so I'll continue the service after increase the max loan amount.

There's two eventualities I recognised if the service's got chances to flourish. It's a smart move capping loans at sig campaigners pay & I'd have to start the service after mixers promos get banned.

Don't you think saying that any tips is appreciated would defeat the purpose of an interest free lending service? Because if you are doing it for God, then you must trust him that he will make it up to you ten folds. If you think about it, expecting anything in return whatsoever, would defeat the purpose of such generosity.

Good luck and God bless you.

I didn't mention religion this topic's about interest free loans. If ppl I've helped give a tip when they're returning loans I'll appreciate it. If they're repaying loans without tipping it isn't a problem that's why it's called interest free loan service.

The service's paused because I didn't receive requests I'll unlock later.

It's the new year so I've opened my loans service.

would like to request 100 $ sir

Read the rules and understand why you don't qualify. You are even too lazy to do that.  ::)

I've updated the rules. If you've got neutral feedback you'll be considered. Users with outstanding loans & negatives won't be accepted.

i need my loan today !!

Hi! I need a loan of $50-100 for 15 days
Loan purpose: Carnivore diet
Payment: $50-100
Type of Collateral: NONE

Rejected. You ignored terms for applying. If you post again I'll report it to mods.

Rejected. You ignored terms for applying. If you post again I'll report it to mods.

I'm increasing max loan amounts from $100-$110 from today.

Hello - I'm looking to recharge my BTC lightning wallet with BTC 0.00031 - I've got -L- 0.25 (about $30.75) that I can use as collateral.

Repayment would be up to 21 days.

My BTC wallet is bc1qj9nm97yx377z688cj7h0yl45wve28he05hgrah - can you send me your -L- wallet address so we can do a trade, please?

Withdrawn - need clarification of your TX fee policy.

I don't use LN. USDT's been paused so it's only BTC.

 When does it get repaid? _\
Unless we've agreed differently all loans must be repaid by 21 days. If the loan's repaid sooner it'll be appreciated because funds will be available to other applicants.

When you repay the loan you aren't obliged to include a tip but you'll have to return the loaned amount including tx fees I've incurred to send it to you.

For example if you've borrowed $50 USDT but it's cost $1.15 to send it you must return $51.15 USDT. If you've borrowed 0.0013BTC but it's cost 0.000065BTC to send you must return 0.001365BTC.

Thank you for clarifying - in the mean time I've had another offer, so I've gone with them.

Regards,

I'm raising loan limits to $125 & changed terms.

The service's paused because I didn't receive requests. If there's demand for interest free loans I'll unlock later.

Open to accept loan applications.
The service will close to pause on December 1 2025.
Rules (https://bitcointalk.org/index.php?topic=5477653.0) got updates so please read before asking loans.
Loans must be repaid by 21 days.  
When you repay loans you must return the amount including tx fees I paid.
If you borrowed 0.0013BTC but it cost 0.000065BTC to send you must return 0.001365BTC.
If you repaid more than the loan and tx fee I will keep it like a tip.
Users with neutral feedback will be considered.
Users with loans they did not pay will be rejected.
Users with negative feedback will be rejected.

Accepted your loan.

Service paused I will offer interest free loans in next year.