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Title: Urgently seeking $250 loan - offering domains valued at ~$5k as collateral Post by: erc20dev on October 16, 2018, 06:45:58 PM Hi
I'm urgently looking for a loan of $250, preferably paid in USD for speed, but BTC or ETH will work. I will repay in either USD, BTC, BCH, ETH or LTC on November 14th with 10% fixed interest. The reason is I need to replace the broken suspension on my car. We live 16 miles from the nearest supermarket with little public transport so having the car is a necessity. I had originally applied for a larger loan with one of the lenders on here but, based on the cost of acquisition of the collateral, he didn't think I had enough incentive to repay. The collateral on offer here is six domains with total GoDaddy valuations of $4,965 - about 5% loan to collateral. I know domains can be hard to move but two are sources of income right now, one is being built up for my wife's business, and one is for a startup business that I'm working on which has a potential investor, so I'm definitely motivated to repay. Can anyone help, please? Thanks in advance. Title: Re: Urgently seeking $250 loan - offering domains valued at ~$5k as collateral Post by: ThatRandom8543 on October 17, 2018, 12:46:20 PM Hi I'm urgently looking for a loan of $250, preferably paid in USD for speed, but BTC or ETH will work. I will repay in either USD, BTC, BCH, ETH or LTC on November 14th with 10% fixed interest. The reason is I need to replace the broken suspension on my car. We live 16 miles from the nearest supermarket with little public transport so having the car is a necessity. I had originally applied for a larger loan with one of the lenders on here but, based on the cost of acquisition of the collateral, he didn't think I had enough incentive to repay. The collateral on offer here is six domains with total GoDaddy valuations of $4,965 - about 5% loan to collateral. I know domains can be hard to move but two are sources of income right now, one is being built up for my wife's business, and one is for a startup business that I'm working on which has a potential investor, so I'm definitely motivated to repay. Can anyone help, please? Thanks in advance. No [valid] collateral no loan. Websites, domains, etc., arent considered as valid collateral. If you need the money ask for a venture debt from your investor. This isnt the place to be asking for a loan with useless domains. Title: Re: Urgently seeking $250 loan - offering domains valued at ~$5k as collateral Post by: erc20dev on October 17, 2018, 10:16:39 PM I'm sorry for the misunderstanding. I was basing my thinking on this...
- Some digital wares such as domain names can be considered as long as the user cannot recover it. and this... TLDR; Domains can be used as collateral if
These led me to believe that domains could be used as collateral at the discretion of the lender. I hope you can see where my confusion arose. Request for loan removed. |