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Author Topic: Requesting 1BTC Loan, offering collateral  (Read 235 times)
iLuvL00b
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May 13, 2017, 08:01:14 AM
 #1

Requesting to borrow 1btc to help pay off several bills that have snuck up on me.

Length: 3 weeks

Collateral: My Coinbase account linked to my CC $500 weekly limit. (Contains highly personal info, so will need to be reputable lender only!) Will provide proof of ownership if required.

Return: To be agreed upon.
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onnz423
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May 13, 2017, 08:10:02 AM
 #2

Coinbase account is not valid collateral because it has 0 worth and can be easily recovered. Please do check this thread: What is considered valid collateral?

So please do offer valid collateral or lock the thread.

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iLuvL00b
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May 13, 2017, 08:25:55 AM
 #3

Coinbase account is not valid collateral because it has 0 worth and can be easily recovered. Please do check this thread: What is considered valid collateral?

So please do offer valid collateral or lock the thread.

I was figuring due to the abundance of personal information associated with the account that it would be suitable for collateral, including the CC with $500 weekly limit. I'm all for using an escrow to hold funds until the lender has time to change email/password on the account.
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May 13, 2017, 08:28:46 AM
 #4

ID is worthless. No one will buy that in case you default.
iLuvL00b
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May 13, 2017, 08:32:34 AM
 #5

Thank you for the insight, closing thread and searching for another form of collateral.
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