Bitcoin Forum
May 08, 2024, 09:06:18 AM *
News: Latest Bitcoin Core release: 27.0 [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 493 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.
According to NIST and ECRYPT II, the cryptographic algorithms used in Bitcoin are expected to be strong until at least 2030. (After that, it will not be too difficult to transition to different algorithms.)
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
1715159178
Hero Member
*
Offline Offline

Posts: 1715159178

View Profile Personal Message (Offline)

Ignore
1715159178
Reply with quote  #2

1715159178
Report to moderator
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!