Trader loan services

[coin.trader]

Hello,

I'm going to start offering loans to people who have collaterals.

Details:
1. I do not accept accounts. I saw many people asking for loans and use their accounts as collateral, I don't find interesting for me to receive them as collateral.
2. Collateral must be at least 110% of your loan request. I will take the full right to approve or to deny your collateral.
3. Collateral means traded coins, altcoins to be more specific. Also I can provide e-wallets loans with bitcoin as collateral.
4. I accept requests only from users who have more activity than me.
5. Minimum loan request equivalent of 0.02 bitcoin, maximum can be negociated.
6. 1.3% interest daily, minimum 5 days.
7. If you don't have the possibility to pay in time all you need is just to pay the interest.
8. If a loan periode expires I do wait 20% of loan periode, if not the collateral become mine.

How to request a loan?
Just reply to this thread with details about your needs. Also I do answer on livechat too.

Please do not spam, read my rules and all will be fine, I'm a nice guy.

[coin.trader]

You are a Jr. member here and you should use escrow, regarding keeping someone's collateral.
1.3% each day? Compounding interest or flat?
And please, clarify what on Earth you want to say with this 8detail of yours....

1.3% . If the loan is 0.1, means 0.0013 daily added to repayment ammount, a mnimum of 5 days.
An explanation for 8th point. If the loan is for 5 days and you do not pay on repayment day, 20% of 5 days means 1 day. After 1 day I will keep the collateral.

About collateral, I do accept with no worries over 0.1-0.15

[onnz423]

You are a Jr. member here and you should use escrow, regarding keeping someone's collateral.
1.3% each day? Compounding interest or flat?
And please, clarify what on Earth you want to say with this 8detail of yours....

1.3% . If the loan is 0.1, means 0.0013 daily added to repayment ammount, a mnimum of 5 days.
An explanation for 8th point. If the loan is for 5 days and you do not pay on repayment day, 20% of 5 days means 1 day. After 1 day I will keep the collateral.

About collateral, I do accept with no worries over 0.1-0.15

I personally think since u ask for collateral u should lower the interest rate.
More reputable loaners offer much more lower interest on these loans and im pretty sure you will have a low chance of getting borrowers with such a rate.

[ciobanuionut1982]

what collateral are valid for you ?

[nachius]

8. If a loan periode expires I do wait 20% of loan periode, if not the collateral become mine.

I'm worried about what this means; It makes zero sense.

[FlamingFingers]

8. If a loan periode expires I do wait 20% of loan periode, if not the collateral become mine.

I'm worried about what this means; It makes zero sense.

If you read the whole thread (which takes less than 3 minutes, if you were even bothered to read), you would have found the answer provided by the OP -_-.

An explanation for 8th point. If the loan is for 5 days and you do not pay on repayment day, 20% of 5 days means 1 day. After 1 day I will keep the collateral.

In other words, he means if the loan period is five days (for example), after these 5 days, he will wait 1 day (.2*5 days = 1 day), and then take the collateral for himself.

[coin.trader]

what collateral are valid for you ?

alt coins.

8. If a loan periode expires I do wait 20% of loan periode, if not the collateral become mine.

I'm worried about what this means; It makes zero sense.

if you ask a loan for 20 days and you don't pay on time, as extension you will receive 20% of 20 days more to pay. In this particular case 4 more days
I already explained this. But it seems you are an idiot

[nachius]

what collateral are valid for you ?

alt coins.

8. If a loan periode expires I do wait 20% of loan periode, if not the collateral become mine.

I'm worried about what this means; It makes zero sense.

if you ask a loan for 20 days and you don't pay on time, as extension you will receive 20% of 20 days more to pay. In this particular case 4 more days
I already explained this. But it seems you are an idiot

Sorry, I guess being an idiot makes me impaired to reading broken english.

You could have added in the word "extra" somewhere in there.