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Author Topic: Need 0.23 btc for 2-3m business loan(Collateral)  (Read 598 times)
manifo1d (OP)
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August 25, 2017, 07:13:28 PM
 #1

Need around 1-1.5k Collateral is Jewelry that totals to that amount and more. Taking it to get Appraised. But I'm in houston and we have this fkn hurricane so I can't today lol. I want this jewelry back because its a family heirloom



I need this to start my online store. Will pay back through profit or via Paycheck from what I make after 2-3 months MAX.

I had to sell all the inventory and stop my store after family financial issues but now its been resolved and I'm looking to start it back up to use this loan as Capital.

http://imgur.com/TLzAkXW.jpg

http://imgur.com/TLzAkXW.jpg

Let me know if this works or what your terms are.
warningsigns
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August 25, 2017, 09:18:50 PM
 #2

Need around 1-1.5k Collateral is Jewelry that totals to that amount and more. Taking it to get Appraised. But I'm in houston and we have this fkn hurricane so I can't today lol. I want this jewelry back because its a family heirloom



I need this to start my online store. Will pay back through profit or via Paycheck from what I make after 2-3 months MAX.

I had to sell all the inventory and stop my store after family financial issues but now its been resolved and I'm looking to start it back up to use this loan as Capital.

Let me know if this works or what your terms are.


That's silver and doesn't look like you will get an appraisal value of $1.5k.

And the terms of lenders here are almost always 1) suitable and appropriate collateral worth 120% or more of the requested loan amount and 2) a believable intention to repay that loan.

If that's platinum or white gold, then that might work as collateral but it has to be appraised by an independent and knowledgeable appraiser acceptable to the lender. It looks like silver though.




manifo1d (OP)
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August 25, 2017, 09:50:23 PM
 #3

Need around 1-1.5k Collateral is Jewelry that totals to that amount and more. Taking it to get Appraised. But I'm in houston and we have this fkn hurricane so I can't today lol. I want this jewelry back because its a family heirloom



I need this to start my online store. Will pay back through profit or via Paycheck from what I make after 2-3 months MAX.

I had to sell all the inventory and stop my store after family financial issues but now its been resolved and I'm looking to start it back up to use this loan as Capital.

Let me know if this works or what your terms are.


That's silver and doesn't look like you will get an appraisal value of $1.5k.

And the terms of lenders here are almost always 1) suitable and appropriate collateral worth 120% or more of the requested loan amount and 2) a believable intention to repay that loan.

If that's platinum or white gold, then that might work as collateral but it has to be appraised by an independent and knowledgeable appraiser acceptable to the lender. It looks like silver though.





You'd be surprised with all of those items named brand plus being antique even if it was silver. I will post the certificate.
KWH
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August 25, 2017, 09:53:06 PM
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TBH, you would be better off using a local pawn shop. Fees from 2 way shipping and any appraisal fees would cut into the value.

When the subject of buying BTC with Paypal comes up, I often remember this: 

Insanity: doing the same thing over and over again and expecting different results.

Albert Einstein
ThatRandom8543
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August 26, 2017, 02:15:37 PM
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TBH, you would be better off using a local pawn shop. Fees from 2 way shipping and any appraisal fees would cut into the value.

He is in Texas (according to him) and the part he says he’s in is having a hurricane. Honestly, I would agree that he should take it to a local pawn shop because it would save on fees. The thing that signals a red flag would be how he has to announce that he wants it back because it’s a family heirloom. Most newbies will say this as a way to make possible lenders think that they want their collateral back when they likely don’t and have this as a sale attempt, or will say something came up and couldn’t pay what’s agreed (even though the collateral he claims isn’t 120% of what he’s asking and future income isn’t valid collateral either), only to then give up and not respond. The item to me looks like silver, or possibly even played silver.

If you really need the money I would suggest going to the bank and get a business loan.
manifo1d (OP)
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August 26, 2017, 11:03:49 PM
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TBH, you would be better off using a local pawn shop. Fees from 2 way shipping and any appraisal fees would cut into the value.

He is in Texas (according to him) and the part he says he’s in is having a hurricane. Honestly, I would agree that he should take it to a local pawn shop because it would save on fees. The thing that signals a red flag would be how he has to announce that he wants it back because it’s a family heirloom. Most newbies will say this as a way to make possible lenders think that they want their collateral back when they likely don’t and have this as a sale attempt, or will say something came up and couldn’t pay what’s agreed (even though the collateral he claims isn’t 120% of what he’s asking and future income isn’t valid collateral either), only to then give up and not respond. The item to me looks like silver, or possibly even played silver.

If you really need the money I would suggest going to the bank and get a business loan.

Never knew people say that tbh.

Don't understand the hate here but ok.
KWH
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August 26, 2017, 11:50:05 PM
 #7

TBH, you would be better off using a local pawn shop. Fees from 2 way shipping and any appraisal fees would cut into the value.

He is in Texas (according to him) and the part he says he’s in is having a hurricane. Honestly, I would agree that he should take it to a local pawn shop because it would save on fees. The thing that signals a red flag would be how he has to announce that he wants it back because it’s a family heirloom. Most newbies will say this as a way to make possible lenders think that they want their collateral back when they likely don’t and have this as a sale attempt, or will say something came up and couldn’t pay what’s agreed (even though the collateral he claims isn’t 120% of what he’s asking and future income isn’t valid collateral either), only to then give up and not respond. The item to me looks like silver, or possibly even played silver.

If you really need the money I would suggest going to the bank and get a business loan.

Never knew people say that tbh.

Don't understand the hate here but ok.

Hate? You really must have a skewed understanding of the word hate. Roll Eyes

When the subject of buying BTC with Paypal comes up, I often remember this: 

Insanity: doing the same thing over and over again and expecting different results.

Albert Einstein
jjrundy
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August 27, 2017, 01:32:56 AM
 #8



You'd be surprised with all of those items named brand plus being antique even if it was silver. I will post the certificate.

what gets me is, would'nt you have stated the material instead of just saying ''even if it was''. you'd absolutely know what it is if it were a family heirloom.
manifo1d (OP)
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August 30, 2017, 02:24:33 PM
 #9



You'd be surprised with all of those items named brand plus being antique even if it was silver. I will post the certificate.

what gets me is, would'nt you have stated the material instead of just saying ''even if it was''. you'd absolutely know what it is if it were a family heirloom.

It's a relatives. I'm a mid 20 male.
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