~=Offering MICRO Loans [Optional Collateral]=~

[TheGrapist]

Hi, I'm starting a loan request thread for those who are in need.

Post your requests below using the form:

Code:

[b]Loan amount[/b]: 
[b]Collateral[/b]: 
[b]Term length[/b]: 
[b]Interest Rate[/b]: 
[b]BTC Address[/b]:
[b]Amount to Repay[/b]:

Max Loan Amount for now is 0.05BTC

Hope I can help a few members

Valid collateral: altcoins and bitcointalk accounts

If late repayment, all loans are subject to +5% interest per day maximum 7 days, after the 7 days period the collateral will be mine and will be sold to cover the loan amount given.

You automatically agrees to the terms above when you ask for a loan.

All collateral should be held by a trusted escrow. You pay the escrow fees.

Repayment Address: 1BjRTjU5zbgHZhMCAyEFH1wt7442zAUo4w

[TheGrapist]

ACTIVE

Username	Collateral	Loan Amount	To Repay	Due
retes1234	BCT Account	0.01BTC	0.011BTC	April 20

_______________________________________________________________________________ ______

REPAID    

Username

Collateral

Loan Amount

To Repay

Due

[Muhammed Zakir]

You should have some place for "defaulted loans". It's common here.

Good luck!

[TheGrapist]

You should have some place for "defaulted loans". It's common here.

Good luck!

Thank for your suggestion. I will add it later when o get to my computer

[TheGrapist]

table]

PolishIBANGirl	None but i have info to offer	.05BTC	?	Can give info immediately?

_______________________________________________________________________________ ______

REPAID   

Username

Collateral

Loan Amount

To Repay

Due

Denied.

[EasyD]

Have you checked out BitRated.com . The "middleman" is only involved if the buyer and seller dispute the transaction. Let me know, I would be willing to hold BTC collateral for your loans via BitRated.com

[TheGrapist]

Have you checked out BitRated.com . The "middleman" is only involved if the buyer and seller dispute the transaction. Let me know, I would be willing to hold BTC collateral for your loans via BitRated.com

No thank you

[Quickseller]

Have you checked out BitRated.com . The "middleman" is only involved if the buyer and seller dispute the transaction. Let me know, I would be willing to hold BTC collateral for your loans via BitRated.com

LOL what? That would be a horrible idea. I think it should be fairly obvious that any collateral should be held by a trustworthy third party member of the forum.