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Author Topic: Two weeks loan  (Read 246 times)
BingoDog (OP)
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February 27, 2018, 12:49:05 PM
 #1

Loan amount: 0.025 BTC
Reason for taking out a loan: to repair a car that is needed for work
Amount to be repaid: defined by lender
Repayment date: two weeks from day the loan is given
Type of collateral: None
Bitcoin address: 1Pq7yw8fi5HBjLHK5iJwX6DpG7WYDdKU4n

malaj
ThatRandom8543
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February 27, 2018, 03:06:58 PM
 #2

Loan amount: 0.025 BTC
Reason for taking out a loan: to repair a car that is needed for work
Amount to be repaid: defined by lender
Repayment date: two weeks from day the loan is given
Type of collateral: None
Bitcoin address: 1Pq7yw8fi5HBjLHK5iJwX6DpG7WYDdKU4n

Dont you already have a loan out with condoras? To me, it wouldnt make sense to have two active loans, especially when one havent been paid yet (and i think the due date is passed for that one isnt it?)
BingoDog (OP)
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February 27, 2018, 04:18:09 PM
 #3

Loan amount: 0.025 BTC
Reason for taking out a loan: to repair a car that is needed for work
Amount to be repaid: defined by lender
Repayment date: two weeks from day the loan is given
Type of collateral: None
Bitcoin address: 1Pq7yw8fi5HBjLHK5iJwX6DpG7WYDdKU4n

Dont you already have a loan out with condoras? To me, it wouldnt make sense to have two active loans, especially when one havent been paid yet (and i think the due date is passed for that one isnt it?)


Condoras is informed about this and the due date isn't passed. This is unplaned situation.

malaj
SM23031997
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February 27, 2018, 06:26:07 PM
 #4

Condoras is informed about this and the due date isn't passed. This is unplaned situation.
Looking your account I won't mind giving you a loan without collateral but hiding previous pending loans from new lenders wasn't a fair move.

You already offered your account as collateral to Condoras but he didn't secured it.
Quote
Collateral: my bitcointalk account

i.e why I suggest to keep it safe to help him recover his money if situation doesn't go your way.
BingoDog (OP)
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February 27, 2018, 07:59:58 PM
 #5

I'm not hiding anything, this wasn't my intention and the fact that I have open loan with condoras is something that could easily be checked. How could I hide this? And as my first lender I informed him about my intentions before I posted this request. And I also have spoken with him about terms of loan repayment. From my point everything is clear.

malaj
SM23031997
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February 27, 2018, 08:42:08 PM
 #6

I'm not hiding anything, this wasn't my intention and the fact that I have open loan with condoras is something that could easily be checked. How could I hide this? And as my first lender I informed him about my intentions before I posted this request. And I also have spoken with him about terms of loan repayment. From my point everything is clear.
I can understand that you did everything right from your side. Informed previous lender but how would I know you have previous debt?
I won't fill your loan this time. I don't lend much but I should start doing background checks before lending.
condoras
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February 27, 2018, 10:01:22 PM
 #7

I confirm that i receive a notice from BingoDog for asking a new Loan Request, due some unexpected issues from his side.
The Final Date of his Loan is on 28/02 and i expect a message from him for a Repayment or an extension if Repayment isn't possible.

To take his Account as Collateral, doesn't mean that i secure the funds that i borrow to him (or to anyone).
Instead i leave a feedback as a "receipt" of his Loan and for anyone to check.

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BingoDog (OP)
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February 28, 2018, 08:47:19 AM
 #8

As l already have informed condoras and posted on his thread I repaid the part of the loan in the amount of 0.041 BTC.
So the outstanding amount is another 0.014 BTC and for that part I asked for extension due to emerged situation.

malaj
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