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Author Topic: Planning to be a lender in the future  (Read 815 times)
solareclipse64236
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September 16, 2012, 04:54:35 AM
 #1

I'm definitely going to lend people in the future, it just sounds exciting. But my lawyer has advised me to have contracts prepared for people to sign as they will stand up better in court.

This is what I'm planning to request from people:
-legitimate contract prepared by lawyer that states how much is being loaned and how much is going to be returned and at a specific date
-promisory note
-collateral
-credit rating
-referrals from others
-co-signor

Anyways just putting this out there as there seems to be issues with lending/borrowing in this place.

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finkleshnorts
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September 17, 2012, 06:03:00 AM
 #2

Lending bitcoins sucks, as we are all finding out. It is "exciting," though.
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September 17, 2012, 01:25:43 PM
 #3

The exciting part is no one is probably going to ask him for a loan cause by the time you get approved by him the prices will spike up or down and you either need more or less.

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September 17, 2012, 06:02:41 PM
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Planning to be a lender in the future


But first let me borrow as much BTC as I can and then disappear

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