Bitcoin Forum

Economy => Lending => Topic started by: gregwtmtno on February 03, 2012, 08:39:49 PM



Title: Lines of Credit?
Post by: gregwtmtno on February 03, 2012, 08:39:49 PM
Would anyone be interested in doing lines of credit? When I launch my site, BtcBuckets.com, the site will be able to automatically deduct interest payments based on how much money you've borrowed.

I figure this will reduce the need to keep taking out new loans and you only pay interest on what you actually take out. With my site, anyone can be a lender to offer credit.


Title: Re: Lines of Credit?
Post by: SgtSpike on February 03, 2012, 08:43:56 PM
I think it's a good idea, but I'm not interested myself.  Never planning on taking out another loan again.  Debt sucks.

FWIW, the only way I would ever lend Bitcoins to anyone is if a) it was a secured loan or b) I could see their credit report/history.


Title: Re: Lines of Credit?
Post by: gregwtmtno on February 03, 2012, 11:04:24 PM
Yeah, I think I'll start small. Hopefully I won't be risking too much.


Title: Re: Lines of Credit?
Post by: Jonathan Ryan Owens on February 06, 2012, 08:20:02 AM
https://i.imgur.com/mGnyV.jpg


Title: Re: Lines of Credit?
Post by: btc_artist on February 06, 2012, 02:57:30 PM
meme confusion?