Bitcoin Forum

To all newbie account dont ever ask for a loan if you do not have any valid collateral to offer it will only put your account in trouble. No one will gives you a loan and there will be red trust incoming to your account because newbie is the tool of scammer to scam people.

If you do not have any collateral to present in crypto just go to the banks there you may apply for a loan and make the title of your house and lot as your collateral and i am pretty sure it will easily to approved.

Read the pin post: https://bitcointalk.org/index.php?topic=577765.0

Hope it will be cleared for newbie before creating new thread asking for a loan.

i just started to think all those newbies asking loans without collateral belongs to signature posters

they create account daily > open loan threads > posting with their main accounts

this will be also my imagination

Or you know it because you are one of them... :-X

Just so you will know, newbies dont even read the rules 99% of the time. The ones who do, would still ask anyway thinking someone would be dump enough to lend them something without collateral (or they may think a passport and bank statement is more than enough to get a loan here when its not).

Its quite sad honestly, and all we can do is tell them off or ignore them (and give them a negative feedback if they dont lock their thread or provide valid collateral), while I have seen some mods removing post that is pretty much begging.

that would be possible if i had signature or had open loan thread :)

Most of the signature campaigns does not count posts in the lending section, so I don't think signature posts spamming is a serious issue in the lending section, I believe most of the newbies are just trying their luck hoping some naive investors will believe their stories about returning high interest rates on their non collateral loan, the best advice would be, if there are no proper collateral provided to secure the loan, no loans should be given out.