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Author Topic: Loan Request 0.2  (Read 518 times)
Dhanilo (OP)
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September 12, 2016, 09:47:01 PM
 #1

how to get a 0.2 btc loan here in the forum?
longbob72
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September 12, 2016, 09:50:08 PM
 #2

how to get a 0.2 btc loan here in the forum?

By offering a collateral that is worth at least 0.2BTC. Read the sticky.

                                                                       
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DaddyMonsi
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September 12, 2016, 10:58:51 PM
 #3

how to get a 0.2 btc loan here in the forum?

By offering a collateral that is worth at least 0.2BTC. Read the sticky.
Collateral should be worth MORE than the amount he is borrowing that way if ever the borrower defaults or did not pay up, the lender can still recover his capital by selling the collateral. If Collateral is worth less than the amount being borrowed lender willnnot be able to at least get his money back.
Fraxinus
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September 13, 2016, 07:07:22 AM
 #4

You can find someone give you the loan with no collateral,but you have to have some sort of reputation so in this case I guess it won't be possible,what would be better is offer collateral.
GL with the loan.

knightkon
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September 13, 2016, 08:21:22 PM
 #5

Unless you have some sort of collateral worth .22, there is not much of a chance that you are going to get this loan in here.  There are lenders such as myself who have the funds to make this loan, but we need collateral for security.

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torry28
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September 14, 2016, 12:35:42 AM
 #6

Unless you have some sort of collateral worth .22, there is not much of a chance that you are going to get this loan in here.  There are lenders such as myself who have the funds to make this loan, but we need collateral for security.
is that 0.22 btc still too small for collateral? some people said if collateral amount should be at 120% greater/higher than loan you want, so he must have collateral which worth around 0.24 btc
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