Bitcoin Forum
November 11, 2024, 01:26:56 AM *
News: Latest Bitcoin Core release: 28.0 [Torrent]
 
   Home   Help Search Login Register More  
Warning: One or more bitcointalk.org users have reported that they strongly believe that the creator of this topic is a scammer. (Login to see the detailed trust ratings.) While the bitcointalk.org administration does not verify such claims, you should proceed with extreme caution.
Pages: [1]
  Print  
Author Topic: LF Loan - 2 btc, 2 months max, repay 2.5 btc I have collateral - UK  (Read 494 times)
icanscript (OP)
Hero Member
*****
Offline Offline

Activity: 686
Merit: 502



View Profile
September 02, 2016, 01:31:54 AM
Last edit: September 08, 2016, 02:52:01 PM by icanscript
 #1

Hi All,

I am looking for a 2 BTC Loan, Source of payback will be my monthly salary of ~£2400.

Amount

2.0 BTC - This can be variable if you can offer me a little less, I just need enough to pay for rent (£625) and council tax (£112) really. Happy to come to an agreement for a different amount or multiple lenders and give my collateral to escrow

Schedule

1st October 2016 - 1.25 BTC Payback
1st November 2016 - 1.25 BTC Payback

Reason

I was contracted out by my job a few months back to do work for one of our customers. They have yet to pay my job for my salary to be paid. This month I only received £172 because of tax relief - Shit timing as I'm going on Holiday this month to Spain.

I will be getting normal salary next month and there onward plus I will get my salary for this month at some point. I could get a loan from a bank but I don't really need it for that long and I would rather a corporation didn't take any profit, I would rather give my profit to a lender who is a individual.

Collateral

I have lots of bits, Not a single Item.

My Computer: Custom Gaming PC, 16GB RAM, AMD 4350 CPU, Graphics Card - AMD Radeon R9 290x, Asus Sabertooth Mobo, Water Cooling
~£600

TomTom Go 6100 ~£300 New, £250 Second Hand.

I can add more bits until loan is paid if you require.

Notes

I'm in South West (Wilts), UK and would rather give to someone who is nearby or I can drive to as sending the stuff will cost a fortune.

Regards,

icanscript.
spartak_t
Legendary
*
Offline Offline

Activity: 1960
Merit: 1176


@FAILCommunity


View Profile WWW
September 02, 2016, 08:38:17 AM
 #2

As far as I know the interest rates in the UK are like 3-4%/year, but you insist to receive a BTC loan with 25% interest for 2 months?

icanscript (OP)
Hero Member
*****
Offline Offline

Activity: 686
Merit: 502



View Profile
September 02, 2016, 08:43:05 AM
 #3

As far as I know the interest rates in the UK are like 3-4%/year, but you insist to receive a BTC loan with 25% interest for 2 months?

Its not about how much I am paying back, Money isn't really a problem to me on a normal month. I would rather pay someone who can use it than a corporation.

Also to get 3% - 4% you need to be a middle aged man with perfect credit. I get around 12% being 29 and good credit. Most loans have early payback charges also and you cant just get one for 2 months unless I get a payday loan which will mess my credit up and cost me just as much as a BTC loan.
knightkon
Hero Member
*****
Offline Offline

Activity: 588
Merit: 500



View Profile
September 02, 2016, 03:50:27 PM
 #4

I understand where you are coming from, however the collateral you are providing does not have enough value for a 2 BTC loan, unless I am missing something with the computer.  Next issue you have is that you will need to send the collateral to someone to hold while you are paying back the loan.  I do not know if this fits your needs at this time.  Good luck with this all.

███████████████████████████
██████████▄▄███▄▄██████████
████████▄█████████▄████████
██████▄█████████████▄██████
███████████████████████████
███████████████████████████
█████▄███████████████▄█████
███████████████████████████
█████▀███████████████▀█████
███████▀███████████▀███████
█████████▀███████▀█████████
███████████▀███▀███████████
███████████████████████████
.
.BITAMP..
   BITAMP BITCOIN WALLET   
Easy to use, client-side, &
open-source Bitcoin wallet
███████████████████████████
████████▄▄▄▀▀▀▀▀▄▄▄████████
████▄▀▀▀   ▄▄█▄▄   ▀▀▀▄████
█████ ▀▄▄▀▀     ▀▀▄▄▀ █████
█████  █    ███    █  █████
█████  █   ▄███▄   █  █████
█████  █  ███████  █  █████
████▀▄ ▀▄ ███████ ▄▀ ▄▀████
█████▀▄ ▀▄       ▄▀ ▄▀█████
██████▀▄  ▀▄▄ ▄▄▀  ▄▀██████
████████▀▄   █   ▄▀████████
██████████▀▀▄▄▄▀▀██████████
███████████████████████████
███████████████████████████
███████████████████████████
███████████████████████████
████▄▀▀▀▄  ▄███▄  ▄▀▀▀▄████
█████   █ ▐█████▌ █   █████
███▄▄▀ ▀▄  ▀███▀  ▄▀ ▀▄▄███
██      ▄██▀▀▀██▄      ███
██     ███▄███ ███     ███
███▄▄▄▄ █████▄▄████ ▄▄▄▄███
██████████████████████████
███████████████████████████
███████████████████████████
███████████████████████████
███████████████████████████
█████████████████▄▄▄▄█▄████
███████████████████████▀███
█████▀▀▀▀██▀▀▀▀▀▄▄████████
███████▄▀  ▄█▄█▄  ▀▄███████
██████▄▀   █    █  ▀▄██████
███████    █▀▀▀▀▄   ███████
██████▀▄   █    █  ▄▀██████
███████▀▄  ▀█▀█▀  ▄▀███████
████████▀▀▄▄▄▄▄██▄▄▄▄█████
███▄███████████████████████
████▀█▀▀▀▀█████████████████
███████████████████████████
|SECURE
ANONYMOUS
INSTANT
icanscript (OP)
Hero Member
*****
Offline Offline

Activity: 686
Merit: 502



View Profile
September 03, 2016, 05:32:19 PM
 #5

I understand where you are coming from, however the collateral you are providing does not have enough value for a 2 BTC loan, unless I am missing something with the computer.  Next issue you have is that you will need to send the collateral to someone to hold while you are paying back the loan.  I do not know if this fits your needs at this time.  Good luck with this all.

Well, As said in the OP I would like an escrow or some lender I can deal with directly to be nearby (< 30 mile) where I can drive to drop off any stuff (as it is quite bulky) There is other bits I can throw in to put up price. Xbox One for example or other handheld consoles.

I don't really want to go down a payday loan route (as soon as other creditors see that on your credit file, they wont lend to you anymore) So it kinda ruins your credit.
Pages: [1]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!