Hi all, looking to try my hand at giving loans. Collateral is required, unless you are trusted, in which you will have to sign a message!
Terms of Service- Collateral will greatly increase your chance of getting your loan accepted. The collateral must be easy to sell/trade and at least 120% worth of the amount that the users is lending, except for any highly trusted member of the forum. The value of this collateral must be stable.
- Maximun lending period of 2 weeks
- If an users that borrows btc from me fails to repay the loan on time, I will give the user 24 hours to give me a reason and another time estimate of when they will pay me. This is repeated until the client repays the loan or does not respond within the 24 hours after which I have the right to sell their collateral. When payment is late, a new interest rate will be discussed through PM.
- I have the rights to decide which loan I will fund, I don't need to explain why I decline your loan request. But PM me if you want, I'll try to explain as best I can!
- Interest rate is offered. I don't have any set rate as of yet, but the general rule is "The more the longer". If you don't have collateral, the interest will also be significantly higher.
Requesting a loan format:
[b]Loan Amount:[/b]
[b]Reason for Taking out a Loan:[/b]
[b]Amount to be repaid:[/b]
[b]Repayment Date:[/b]
[b]Type of Collateral:[/b]
[b]Bitcoin Address:[/b]
I will always ask for a signed message if you give an bitcointalk account as collateral.Repayment address: 1DecodejtC6yUjnL7DzCeZ2Do8LoYjCi9q
-----START BITCOIN SIGNED MESSAGE-----
As of 21/04/16, I want to start loaning. This is my repayment address, 1DecodejtC6yUjnL7DzCeZ2Do8LoYjCi9q. By Decoded.
-----START BITCOIN SIGNATURE----
G1Bo9VjzeAsTusjj/WiovrSmTPIFZoN3CHnZF4eUMBGhZ9ya2NjWLSKmiagqpHezlRhWIW2hF3KgeUOpFgZcaZI=
-----END BITCOIN SIGNED MESSAGE-----
-----BEGIN PGP SIGNED MESSAGE-----
Hash: SHA512
This is whyte/decoded from bitcointalk. I am verifying that am loaning as of 23/4/16.
Regards, Whyte
-----BEGIN PGP SIGNATURE-----
Version: Keybase OpenPGP v2.0.53
Comment: https://keybase.io/crypto
wsBcBAABCgAGBQJXGvn0AAoJEEAjyYrab7wim00H/jxmUgEAWrgZcnCZ0A5GfT9G
ByxwC29X86/X9SfGvpK5K6i2wIulGnS7oA5qpcZINafPfgimLjYces+BmxC0VyqX
D2lUTZjIskGqsrMvnz0TB6i+pLZ3Fj2w1iTrfhAfhP8X4DbdX4gOFYTFuWBkPGzp
1xmJVjF4LK4Z+ONVLbbZVY+GLDYM8LD/nSI9L2jOn6QxwVSankS3eD3k1ml/33qX
JhP6hQh2jklkMfeKAwXGybVSY3zh+133cXUi+WJsNzSarh3QRJRrJCTOq+a+clhO
Db8wCQEx4jZSxJPYJ4behVHhn0xR17CUSs6nz7O3ldhMOZj8ayuXwOlAYh7gB/s=
=CPQb
-----END PGP SIGNATURE-----
Current amount I have available: 0.1
BTC