Bitcoin Forum
June 23, 2024, 10:23:54 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: [1]
1  Economy / Lending / Re: Need Loan collateral dogecoin on: November 30, 2015, 01:01:15 AM
Hello everyone
I need a loan for personal purposes if you interested in offering the loan i will give dogecoin as collateral

detail :

Loan need : 0.05 BTC
Repay  7 day ( max )     : 0.055

Collateral : 100k DogeCoin


willing to follow the rules
Your collateral is only worth ~0.039BTC. Most lenders are going to want collateral that is worth more then the amount of the loan so they can quickly sell the collateral in order to cover the loan in case you fail to repay on time

Thnak you I understand about that, now I'm waiting for someone to give a offer loan  Smiley
If you can offer collateral equal to or greater then 120% of the loan amount, then I would be able to fund your loan in full.

Anyone considering to make the loan as written should understand that they are only partially protected against a default and they would effectively be making a no collateral loan for a portion of the loan.

Thnak you I understand about that。
Pages: [1]
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!