Looking for a few people to loan to

I am new to the loan program but i wanna take a shot and see if its something that can make me some extra profits on my already buying and selling btc program. Im willing to give out Loans up to 1 BTC to any member but they must provide collateral unless they have substantial trust levels and excellent proof of previous loans paid on time and I mean substantial.

My rates are: 12.5 % interest when paid back in full
Loans must be paid back within 7-14 days MAXIMUM
If your going to be late contact me and that will add another 3% to the final cost.
I will need atleast 110% collaterall (paypal, alt coins , other goods)
If your feeiling uncertain we can use a trusted member for escrow and also i reserve the right to do the same if i feel uneasy about you.
Please contact me for more information. If you have any questions please feel free to ask me