『【Kolder Lending Service】』〝Approved Loan in a Flash"

[Kolder]

I'm starting to offer a loan service as of today.


Please read carefully my terms:
1. Jr. member and below ranks is not eligible for my loan service even if you are on DT. Because there is so many account selling as of now.
2. The only collateral that i will accept are BCT account Membe or up (Potential Activity on Account is accepted)and ICO coins( i will decide about the price for the token,promised to be fair)- the collateral will be holding by reputable escrow.
3. Only 2 weeks is the maximum duration for the loan. And once it is extended, i will add a (2%) interest on the total amount on the following days.
4. 3 days is the maximum extention days before defaulting.
5. The loan interest is 5% of capital money for a week. So the maximum interest rate here is 10% of capital money considering that you want a loan for two week without extention. The interest rate for less than a week is the same for 1 week.
6. Paying in advance will not gonna reduce the interest but you will received a kudos from me.


Please use this application form to be accurate:

Code:

Amount of Loan:
Date to be paid:
Collateral type:
Signed message:
Link to your Post on BCT forum containing your BTC addy (2mos+):

NOTE: please use the proper format or else i will denied your loan. That is just a simple test if you're  good on following instruction. And signed message is a must!!



My Escrow Detail:

   Timelord2067

Code:

-----BEGIN BITCOIN SIGNED MESSAGE-----
I Timelord2067 u=131361 agree to be the Escrow for 
"Kolder Lending Service - Approved Loan in a Flash" 
https://bitcointalk.org/index.php?topic=1635890.0 
for user Kolder u=662310 on a trial run between 
the 10/10/2016 until 31/12/2016 noon GMT
-----BEGIN SIGNATURE-----
1AhuQTWMu185kWFmiUHhmTTVYjKR7BfirW
H7wQ3dbvnrUP/UzvHD+L003n9RDaDSm/YPFyOBh00wp6Os258onXbwTG1mF9hs+2PCfFXnnCGCuTZQyKmQFqzo4=
-----END BITCOIN SIGNED MESSAGE-----

And i am now formally announce that this loan service is already started as of 10/8/2016 15:07 PST





Special thanks for sabotag3x for my banner!

[Kolder]

Reserved for future list

[zazarb]

Because there is so many account selling as of now.

exactly, I notify that you account have even 336 potential activity, which is a very important sign, that account bought, Looking at your post history clearly see that activity start just month ago.

Important!!! All the collateral should be held by trusted third party escrow for safety of buyer.

[Kolder]

Because there is so many account selling as of now.

exactly, I notify that you account have even 336 potential activity, which is a very important sign, that account bought, Looking at your post history clearly see that activity start just month ago.

Important!!! All the collateral should be held by trusted third party escrow for safety of buyer.

Escrow is a must for me. I am not planning to hold the collateral account. I just forgot to mention it. And i can provide a sign message if necessary. Thanks for reminding me.

[katerniko1]

i dont see that you mentioned is there no collateral loan,
regards.
-Katerniko1

[Kolder]

i dont see that you mentioned is there no collateral loan,
regards.
-Katerniko1

It means that i didn't accept that kind of request. I'm still new in this kind of business. Maybe i will reconsider that thing later. But as far as i know. Loan without collateral is not allowed in lending section. But still it is depends on the user who will request the loan

[DarkStar_]

Loan without collateral is not allowed in lending section. But still it is depends on the user who will request the loan

Really!? When was this a thing? I remember I gave a no collateral loan yesterday - when can I expect my ban? /s The forum doesn't care how you loan. Most loans are no collateral as well. I've been given altcoin collateral a whopping 3 times, during over 10 months.

Promo is coming soon!

Let me guess. No interest loans?

[Kolder]

Loan without collateral is not allowed in lending section. But still it is depends on the user who will request the loan

Really!? When was this a thing? I remember I gave a no collateral loan yesterday - when can I expect my ban? /s The forum doesn't care how you loan. Most loans are no collateral as well. I've been given altcoin collateral a whopping 3 times, during over 10 months.

No collateral loan is not encouraged to use in the lending section.You can see it in pinned post and i'm not a risk taker like you because i'm still new in this kind of business. I just dont want to let my btc sleep in my wallet and at the same time help other members who badly needed btc.

Promo is coming soon!

Let me guess. No interest loans?

nah! i will announce it later! But here is a glimpse on detail for your info. this offer will be available for first 16 application of loan request that i will approved.

[Kolder]

-----UPDATE-----

I am searching now for a reputable escrow for holding the collateral.

[Timelord2067]

-----UPDATE-----

I am searching now for a reputable escrow for holding the collateral.

I had a short PM chat with Kolder after they contacted me to ask if I would be the Escrow, (the fact that I have "I am not an escrow in my signature seems to have alluded them   )  my reply was:

You do understand that you would have to send me the BitCoins you are going to loan someone and then the person offering the collateral send me that collateral, I then send them the funds and hold onto the collateral and then they send me the repayment and when they have repaid the full amount I then send them their collateral back and then send you the repaid amount.

I am waiting to hear back from Kolder on that one, but thought I'd throw it out there for discussion to see if I have that understanding correct in my head.

Because it's not an actual sale, my question is: "Am I correct in supposing the Escrow would hold onto the collateral until such time as the loan is either repaid or forfeited?"

I also figure the "fee" would be limited to two times the TX fee + one more as a tip in the hat.  IE ((0.0001 X 2) + 0.0001 = BTC 0.0003)

(the two TX fees being: one to pass onto the borrower and then the lender, plus one more to pool in case future borrowers and or lenders want part payments / repayments).

I also figure I would need two BitCoin addresses, the first where the lender sends the coins so the potential borrower could see the funds are available (ie a 1EscrowTL... style address) and then a unique random Wallet Address for each lender's repayments so that the lender can see the loans are, or have been, repaid. (which would be signposted on the lender's Loan approval page for transparency)

Unless I am mistaken, the time for repaying the loan would start from when it were funded so that a borrower wasn't being penalised for late payment.

And I'd have to seed the loan & repayment wallets with funds to cover initial TX fees until such time as the process were underway.


As to Alt coins, I did see one other lender was asking 125% collateral - I've never looked at ICO coins, so would have to look at installing a wallet for that coin.

I'd have to ensure the Alt Coin has at least one working (and stable) block explorer.  (I did consider rolling a Paper Wallet to hold AltCoin's in Escrow, but I came up with a myriad of reasons (part repayment, lender can't re-import the Private Key, Lender wants AltCoins cashed out etc etc) why that might be problematic.


Have I missed anything?  Who wants to be the first Troll to say I am an Alt of Kloder or Visa-Verse?      

[condoras]

-----UPDATE-----

I am searching now for a reputable escrow for holding the collateral.

I had a short PM chat with Kolder after they contacted me to ask if I would be the Escrow, (the fact that I have "I am not an escrow in my signature seems to have alluded them   )  my reply was:

You do understand that you would have to send me the BitCoins you are going to loan someone and then the person offering the collateral send me that collateral, I then send them the funds and hold onto the collateral and then they send me the repayment and when they have repaid the full amount I then send them their collateral back and then send you the repaid amount.

I am waiting to hear back from Kolder on that one, but thought I'd throw it out there for discussion to see if I have that understanding correct in my head.

Because it's not an actual sale, my question is: "Am I correct in supposing the Escrow would hold onto the collateral until such time as the loan is either repaid or forfeited?"

I also figure the "fee" would be limited to two times the TX fee + one more as a tip in the hat.  IE ((0.0001 X 2) + 0.0001 = BTC 0.0003)

(the two TX fees being: one to pass onto the borrower and then the lender, plus one more to pool in case future borrowers and or lenders want part payments / repayments).

I also figure I would need two BitCoin addresses, the first where the lender sends the coins so the potential borrower could see the funds are available (ie a 1EscrowTL... style address) and then a unique random Wallet Address for each lender's repayments so that the lender can see the loans are, or have been, repaid. (which would be signposted on the lender's Loan approval page for transparency)

Unless I am mistaken, the time for repaying the loan would start from when it were funded so that a borrower wasn't being penalised for late payment.

And I'd have to seed the loan & repayment wallets with funds to cover initial TX fees until such time as the process were underway.


As to Alt coins, I did see one other lender was asking 125% collateral - I've never looked at ICO coins, so would have to look at installing a wallet for that coin.

I'd have to ensure the Alt Coin has at least one working (and stable) block explorer.  (I did consider rolling a Paper Wallet to hold AltCoin's in Escrow, but I came up with a myriad of reasons (part repayment, lender can't re-import the Private Key, Lender wants AltCoins cashed out etc etc) why that might be problematic.


Have I missed anything?  Who wants to be the first Troll to say I am an Alt of Kloder or Visa-Verse?      

I didnt say that in anyway lol

I will say that your logic is very good and accurate and i see some points that i didnt have noticed them.
Escrow is not an easy procedure and you make it harder with this post...

Imho, you are older so you are and wiser than me, but somethings you can avoid them like the 2 differents Addresses for the Loan...                                                                                                                                                                                                                                                    

[EnacDomains]

I may use your template for my own loan services so don't get offended.  Feel proud you have a good template.

I'm starting to offer a loan service as of today.


Please read carefully my terms:
1. Full member and below ranks is not eligible for my loan service even if you are on DT. Because there is so many account selling as of now.
2. The only collateral that i will accept are BCT account senior member or up and ICO coins( i will decide about the price for the token,promised to be fair)- the collateral will be holding by reputable escrow.
3. Only 2 weeks is the maximum duration for the loan. And once it is extended, i will add a (2%) interest on the total amount on the following days.
4. 3 days is the maximum extention days before defaulting.
5. The loan interest is 9% of capital money for a week. So the maximum interest rate here is 18% of capital money considering that you want a loan for two week without extention. The interest rate for less than a week is the same for 1 week.
6. Paying in advance will not gonna reduce the interest but you will received a kudos from me.


Please use this application form to be accurate:

Code:

Amount of Loan:
Date to be paid:
Collateral type:
Signed message:
Link to your Post on BCT forum containing your BTC addy (2mos+):

NOTE: please use the proper format or else i will denied your loan. That is just a simple test if you're  good on following instruction. And signed message is a must!!


Thanks.

[Timelord2067]

I didnt say that in anyway lol

I will say that your logic is very good and accurate and i see some points that i didnt have noticed them.
Escrow is not an easy procedure and you make it harder with this post...

Imho, you are older so you are and wiser than me, but somethings you can avoid them like the 2 differents Addresses for the Loan...                                                                            

12 March 2014, 04:16:43 TomatoCage starts thread Escrow address question https://bitcointalk.org/index.php?topic=511325.0 concerning Wallet Address 1P8hf47T1tDqVS8dx8y4G3nV7XLNHz6t1z is told to use coin control wallets for escrow. and says s/he will from now on.

[condoras]

I didnt say that in anyway lol

I will say that your logic is very good and accurate and i see some points that i didnt have noticed them.
Escrow is not an easy procedure and you make it harder with this post...

Imho, you are older so you are and wiser than me, but somethings you can avoid them like the 2 differents Addresses for the Loan...                                                                            

12 March 2014, 04:16:43 TomatoCage starts thread Escrow address question https://bitcointalk.org/index.php?topic=511325.0 concerning Wallet Address 1P8hf47T1tDqVS8dx8y4G3nV7XLNHz6t1z is told to use coin control wallets for escrow. and says s/he will from now on.

Man, what can i say? Thank you for sharing this with me/ us.
I am not kidding, this is a true valuable info and personally i wouldn see it if its not you to post it.

So yes, you are right. Definitely you need to do these things that you mention above and its not worth it, if you consider only money...                                                                                                                                                                                                                                                            

[zazarb]

-----UPDATE-----

I am searching now for a reputable escrow for holding the collateral.

-snipe-
Have I missed anything?

Yes 
In this specific case (Kolder request) everything is much simpler, no need full escrow, all that is needed from you- take and held some bitcointalk.org account during loan period. (forget about altcoins, no one does not have )
After your confirmation , lender sending btc direct to borrower.

[Kolder]

I am confirming that i contacted timelord and we still discussing for the process of escrow as of now. I like a simpler way yet secured for both customer and me.


As of now. I will accept maximum of 0.5btc  and 0.005btc minimum loan amount per user.

[Timelord2067]

I Timelord2067 u=131361 agree to be the Escrow for "Kolder Lending Service - Approved Loan in a Flash" https://bitcointalk.org/index.php?topic=1635890.0 for user Kolder u=662310 on a trial run between the 10/10/2016 until 31/12/2016 noon GMT

I will use the following Wallet Addresses as part of that Escrow:

1EscrowTLfob4kvVxZAP2hvZ3uQemWSoYM to transfer funding from Kolder to borrowers with
1M3un5bqu3hVw5d2Q5Q5jpeZTZXqjdA6FP as the "change" wallet to fund TX fees.

1Gur8Vu3tzpm9zZZdfbvcrMfSXqWMdH7HG to be the "change" wallet to fund TX fees for repayments to be sent from borrowers to Kolder.

If using my Escrow Service, repayments will be to a Wallet Address that is stipulated in a signed message from Wallet Address 1EscrowTLfob4kvVxZAP2hvZ3uQemWSoYM only.

I have seeded 1M3un5bqu3hVw5d2Q5Q5jpeZTZXqjdA6FP and 1Gur8Vu3tzpm9zZZdfbvcrMfSXqWMdH7HG with 0.1 BTC each to cover TX fees (from my own funds) from my staked Wallet Address 1AhuQTWMu185kWFmiUHhmTTVYjKR7BfirW

https://blockchain.info/tx/049b2223298b6dea33a47ddf67071551c347180c121e3e8408edf31b9e27c7ca
https://blockchain.info/tx/dab2e134daa401ed9ccd08be1641d6b2dcc478c4293f69989c24fc8716630d41

I reserve the right to recover these funds without notice at any time once a sustainable amount of fees have been accrued by me to keep the two Wallets funded to cover TX fees.

My flat fee for Escrow is 0.0003 BTC per loan to cover the TX costs. (i.e. if your loan repayment is BTC 0.12 then your actual 'to pay' amount is BTC 0.1203 )  If you repay the loan but not the fee, you won't get your account back. (Try me).

Upon your loan being approved, Kolder will fund Wallet Address 1EscrowTLfob4kvVxZAP2hvZ3uQemWSoYM - the borrower will then contact myself ( Timelord2067 u=131361 ) with the relevant password.  Once I have secured the account, I will fund the loan application from Wallet Address 1EscrowTLfob4kvVxZAP2hvZ3uQemWSoYM / 1M3un5bqu3hVw5d2Q5Q5jpeZTZXqjdA6FP and will post on the loan thread that I am in possession of that account via a signed message from the repayment Wallet Address.

I expect there should only ever be "one in, one out" transactions for these three Wallet Addresses. (ie from Kolder to borrower, or from borrower to Kolder).

I will hold the UID's in Escrow and return to the borrower once the loan has been repaid, or, transfer to Kolder u=662310 if the loan defaults after the stipulated time along with any part repayments that have been made (less the 0.0003 BTC fee)  Should you wish to recover your UID after that, you will have to take it up with Kolder u=662310 .

If you wish to deal directly with Kolder for funding and repayments:

Other people (eg zazarb) offering Escrow can be found at "Bitcointalk Escrows" https://bitcointalk.org/index.php?topic=855778.0

I am online at least once per 24 hour period - this https://bitcointalk.org/index.php?action=profile;u=131361;sa=statPanel will give you an indication of when I am likely to be online; don't bug me with any hard luck stories!

I will *not* Escrow any PayPal transactions.

Donations can be made to: 1GaLLifreynEg6456XqDKYJYyBmyY2cJbw

Let the lending begin...

Code:

-----BEGIN BITCOIN SIGNED MESSAGE-----
I Timelord2067 u=131361 agree to be the Escrow for "Kolder Lending Service - Approved Loan in a Flash" https://bitcointalk.org/index.php?topic=1635890.0 for user Kolder u=662310 on a trial run between the 10/10/2016 until 31/12/2016 noon GMT

I will use the following Wallet Addresses as part of that Escrow:

1EscrowTLfob4kvVxZAP2hvZ3uQemWSoYM to transfer funding from Kolder to borrowers with
1M3un5bqu3hVw5d2Q5Q5jpeZTZXqjdA6FP as the "change" wallet to fund TX fees.

1Gur8Vu3tzpm9zZZdfbvcrMfSXqWMdH7HG to be the "change" wallet to fund TX fees for repayments to be sent from borrowers to Kolder.

If using my Escrow Service, repayments will be to a Wallet Address that is stipulated in a signed message from Wallet Address 1EscrowTLfob4kvVxZAP2hvZ3uQemWSoYM only.

I have seeded 1M3un5bqu3hVw5d2Q5Q5jpeZTZXqjdA6FP and 1Gur8Vu3tzpm9zZZdfbvcrMfSXqWMdH7HG with 0.1 BTC each to cover TX fees (from my own funds) from my staked Wallet Address 1AhuQTWMu185kWFmiUHhmTTVYjKR7BfirW

https://blockchain.info/tx/049b2223298b6dea33a47ddf67071551c347180c121e3e8408edf31b9e27c7ca
https://blockchain.info/tx/dab2e134daa401ed9ccd08be1641d6b2dcc478c4293f69989c24fc8716630d41

I reserve the right to recover these funds without notice at any time once a sustainable amount of fees have been accrued by me to keep the two Wallets funded to cover TX fees.

My flat fee for Escrow is 0.0003 BTC per loan to cover the TX costs. (i.e. if your loan repayment is BTC 0.12 then your actual 'to pay' amount is BTC 0.1203 )  If you repay the loan but not the fee, you won't get your account back. (Try me).

Upon your loan being approved, Kolder will fund Wallet Address 1EscrowTLfob4kvVxZAP2hvZ3uQemWSoYM - the borrower will then contact myself ( Timelord2067 u=131361 ) with the relevant password.  Once I have secured the account, I will fund the loan application from Wallet Address 1EscrowTLfob4kvVxZAP2hvZ3uQemWSoYM / 1M3un5bqu3hVw5d2Q5Q5jpeZTZXqjdA6FP and will post on the loan thread that I am in possession of that account via a signed message from the repayment Wallet Address.

I expect there should only ever be "one in, one out" transactions for these three Wallet Addresses. (ie from Kolder to borrower, or from borrower to Kolder).

I will hold the UID's in Escrow and return to the borrower once the loan has been repaid, or, transfer to Kolder u=662310 if the loan defaults after the stipulated time along with any part repayments that have been made (less the 0.0003 BTC fee)  Should you wish to recover your UID after that, you will have to take it up with Kolder u=662310 .

If you wish to deal directly with Kolder for funding and repayments:

Other people (eg zazarb) offering Escrow can be found at "Bitcointalk Escrows" https://bitcointalk.org/index.php?topic=855778.0

I am online at least once per 24 hour period - this https://bitcointalk.org/index.php?action=profile;u=131361;sa=statPanel will give you an indication of when I am likely to be online; don't bug me with any hard luck stories!

I will *not* Escrow any PayPal transactions.

Donations can be made to: 1GaLLifreynEg6456XqDKYJYyBmyY2cJbw

Let the lending begin...
-----BEGIN SIGNATURE-----
1AhuQTWMu185kWFmiUHhmTTVYjKR7BfirW
IPA1NTqD8LUh53avtcvd/eS3TdSxLxbntQDnLJ8VXS9MUoIVdJ4SZCUk+C87PxPH7g+hjEQmXr/8SEJEiDt8qLg=
-----END BITCOIN SIGNED MESSAGE-----

Code:

-----BEGIN BITCOIN SIGNED MESSAGE-----
This is Timelord2067 u=131361 staking Wallet Addresses

1EscrowTLfob4kvVxZAP2hvZ3uQemWSoYM
1M3un5bqu3hVw5d2Q5Q5jpeZTZXqjdA6FP
1Gur8Vu3tzpm9zZZdfbvcrMfSXqWMdH7HG

to be used for Escrowing by me from 10/10/2016
-----BEGIN SIGNATURE-----
1AhuQTWMu185kWFmiUHhmTTVYjKR7BfirW
H9CjrDWuykT89RntplhzJOIRYqxljCNUR9ikJfbrny+ZGb/I3SEO66XOz9KdaH7xiT23y+GQbEafYE/oQoQht6Y=
-----END BITCOIN SIGNED MESSAGE-----

Code:

-----BEGIN BITCOIN SIGNED MESSAGE-----
This is Timelord2067 u=131361 staking Wallet Address 1EscrowTLfob4kvVxZAP2hvZ3uQemWSoYM to be used for Escrowing by me from 10/10/2016
-----BEGIN SIGNATURE-----
1EscrowTLfob4kvVxZAP2hvZ3uQemWSoYM
G6ktZwfp/gqFOg6HrKG8rkjXeDQ1cDD1/ZQtwNmk/uKVHRwxemjQSRQRlwpEzY2Z2xY9wMx1ilbpwKnlPv5oq8U=
-----END BITCOIN SIGNED MESSAGE-----

Code:

-----BEGIN BITCOIN SIGNED MESSAGE-----
This is Timelord2067 u=131361 staking Wallet Address 1M3un5bqu3hVw5d2Q5Q5jpeZTZXqjdA6FP to be used for Escrowing by me from 10/10/2016
-----BEGIN SIGNATURE-----
1M3un5bqu3hVw5d2Q5Q5jpeZTZXqjdA6FP
H0nFp9rEGH6rvHeID/hNXS4mMn0nIqH9wIexT3alD9jwf3k0hriDdoRwZqYC7FjcyIkQnpCVTVn0k6VoXNj9VRU=
-----END BITCOIN SIGNED MESSAGE-----

Code:

-----BEGIN BITCOIN SIGNED MESSAGE-----
This is Timelord2067 u=131361 staking Wallet Address 1Gur8Vu3tzpm9zZZdfbvcrMfSXqWMdH7HG to be used for Escrowing by me from 10/10/2016
-----BEGIN SIGNATURE-----
1Gur8Vu3tzpm9zZZdfbvcrMfSXqWMdH7HG
HxExIW2+fsPs6YCMfAah9eOzoOZfxeoEutVcYq/5M/2SOk1pr25YwB6FHbCeFqGa/RH23iSztXaI0kJsmbKPI0I=
-----END BITCOIN SIGNED MESSAGE-----

[Kolder]

UPDATE

My Escrow Detail:

   Timelord2067

Code:

-----BEGIN BITCOIN SIGNED MESSAGE-----
I Timelord2067 u=131361 agree to be the Escrow for 
"Kolder Lending Service - Approved Loan in a Flash" 
https://bitcointalk.org/index.php?topic=1635890.0 
for user Kolder u=662310 on a trial run between 
the 10/10/2016 until 31/12/2016 noon GMT
-----BEGIN SIGNATURE-----
1AhuQTWMu185kWFmiUHhmTTVYjKR7BfirW
H7wQ3dbvnrUP/UzvHD+L003n9RDaDSm/YPFyOBh00wp6Os258onXbwTG1mF9hs+2PCfFXnnCGCuTZQyKmQFqzo4=
-----END BITCOIN SIGNED MESSAGE-----

And i am now formally announce that this loan service is already started as of 10/8/2016 15:07 PST

[Kolder]

Daily bump!


I revised the requirements so that many can avail on my loan service! Feel free to contact me. Thanks

[DarkStar_]

I Timelord2067 u=131361 agree to be the Escrow for "Kolder Lending Service - Approved Loan in a Flash" https://bitcointalk.org/index.php?topic=1635890.0 for user Kolder u=662310 on a trial run between the 10/10/2016 until 31/12/2016 noon GMT

-snip-

Isn't it more effective for the escrow to simply hold the collateral, and not touch the loan funds? You could get Kolder to pay you 0.0001BTC for each successful transaction afterward, as it basically has the same affect. Instead of:
Kolder agrees to fund the loan, sends loan amount to Timelord
Timelord gets collateral, forwards the amount to the person getting the loan
Person Repays to Timelord, Timelord returns collateral
Timelord forwards repayment to Kolder

Why not something like this? (what most lenders do):
Kolder agrees to fund the loan, gets the person getting to loan to send collateral to Timelord
Timelord secures the collateral, Kolder sends the funds
Person repay's to Kolder's address, Timelord sends collateral back.

Seems like more of a hassle doing it the first way.