I can give you a 0.06BTC loan, payback would be 0.062 if payed back within 6 days...
I would need 6 LTC as collateral, i would need a signed message that you accept the fact that i hold the collateral on an exchange (if it gets hacked, it's up to you), i also need a signed message verifying that if the price of LTC suddenly drops, you'll either transfer extra collateral to my exchange account, or you accept the fact that i'll sell your LTC for BTC to minimize the volatility risk...
Also, the transaction fees are up to you...
If you want to, you can also use an escrow to hold your LTC (same rule still applies: if the price suddenly drops, the escrow will have to get more LTC from you or sell the LTC in order to make sure the collateral stays valid)
The OP already stated 4.2 LTC is all he has:
@Real14Hero: Sorry, I need the original amount.
@Rest: That's all the LTC I have. I will let the thread open, maybe someone will trust me?
And, no offense altcoinhosting, but ideally, you should always use escrow to hold the collateral.
Sorry, i didn't read the whole thread
I now see the OP only had this amount of LTC, which isn't sufficient as collateral for the full amount... I'll read the whole thread next time...
About the escrow: i did say i'm OK with it, i have no problem with an escrow holding the collateral. I just feel it's up to the one taking out the loan. If he trusts me, he doesn't need escrow to hold his collateral. If he doesn't trust me: by all means, use an escrow
