Why do people want Bitcoin loans?

[Jet Cash]

If you need some Bitcoin quickly for some reason, then it seems to me that the best ways to get it is to exchange some other currency, or to sell something. Taking out an interest bearing loan just seems to be a waste of money. So that leads me to the belief that people requesting loans fit into one or more of 4 categories

1. They are already heavily in debt, and can't borrow from a conventional bank or cc company
2. They don't have any money
3. They don't have anything to sell
4. They want to defraud the lender


Am I being unfair? Please explain why I have misunderstood the situation if that is the case.

[Hexcoin]

because not all users have a money on their pocket and is only expecting to recieve some in xxx number of days and not all users here have something to sell or they just dont want to sell their things or such

[Jet Cash]

Apologies for starting this thread. The massive level of debt in the world is destroying countries as well as the banking system, and there will have to be a substantial reduction in the near future. I think this turns me against the concept, and I do appreciate the difficulties that some people have.

I think I had better lock this thread if I can, and let it die.