I read the link, but I still don't understand the collateral part. I may have collateral, I'm just unsure what passes as collateral for this time of transaction.
I already have a Loan Agreement for this transaction, written in accordance with State and Federal Laws, and may have collateral as well, just unsure of what I can use.
Collateral= something that lender can sell in case the loan gets defaulted, i.e altcoin/physical collateral/bitcointalk account(higher rank= higher loan).
Lending works different on the forum, if you want a loan like that try from either a bank.