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Author Topic: Looking for a 1 BTC Loan  (Read 163 times)
GoldenNugget
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January 07, 2018, 03:56:20 AM
 #1

Looking for a 1 BTC loan for a 6 Month Period. I am willing to pay back 1.5 BTC at the end of that term.

Collateral
2014 Kia Optima SL-E Fully loaded 5,000 Miles NADA 29,000.00 USD
2015 Chrysler 200 42,000 Miles NADA is 12,800.00 USD

I am willing to put up Both car titles. I am located in PA if theres anything we can do to come to an agreement message me.
You could Quickly sell these cars for well over 17,500.00.
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Vod
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January 07, 2018, 06:11:38 AM
 #2

Looking for a 1 BTC loan for a 6 Month Period. I am willing to pay back 1.5 BTC at the end of that term.

I am willing to put up Both car titles. I am located in PA if theres anything we can do to come to an agreement message me.
You could Quickly sell these cars for well over 17,500.00.

1.5BTC is currently $25,000.  You need to put up collateral worth at least $30,000.

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GoldenNugget
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January 07, 2018, 03:07:08 PM
 #3

Im only looking for 1 BTC!
I am providing $30,000+ USD value
1 BTC = $16,567

Kia NADA Value
http://www.nadaguides.com/Cars/2014/Kia/Optima/Sedan-4D-SX-Limited-I4-Turbo/Values

Chrysler NADA Value
http://www.nadaguides.com/Cars/2015/Chrysler/200/Sedan-4D-200C-I4/Values

I am providing Double the amount of Collateral, I am willing to give up the Titles for the cars for the loan. I'm Looking for a 6 month loan with a .5 BTC payback.
If anyone can help me let me know!
SM23031997
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January 07, 2018, 03:17:46 PM
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Im only looking for 1 BTC!
I am providing $30,000+ USD value
1 BTC = $16,567

Kia NADA Value
http://www.nadaguides.com/Cars/2014/Kia/Optima/Sedan-4D-SX-Limited-I4-Turbo/Values

Chrysler NADA Value
http://www.nadaguides.com/Cars/2015/Chrysler/200/Sedan-4D-200C-I4/Values

I am providing Double the amount of Collateral, I am willing to give up the Titles for the cars for the loan. I'm Looking for a 6 month loan with a .5 BTC payback.
If anyone can help me let me know!
How you are planning to ship those cars to lender, because you get your loan only when collateral is secured by someone trusted.

for e.g If I'm interested in lending to you but I want the collateral to be secured by someone we can trust or you have to send them directly to me. Wait, who will bear the cost of shipment?? of course you, so, tell me is it still worth getting a loan with physical collateral? No? close your thread now or come up with some good arguments.
GoldenNugget
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January 07, 2018, 03:35:09 PM
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I need to find someone who is close that can do this deal.
Also i can ship titles you can Xfer the titles into your name if i don't pay report them stolen cause they would be and insurance company pays you full value.
investerS
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January 07, 2018, 07:30:47 PM
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You could Quickly sell these cars for well over 17,500.00.


As at today 1btc is roughly $16,500. why cant you quickly sell it to make 17,500, at least you will still have some balance to do some runnings and you replace the cars when you make profits from your runs.
GoldenNugget
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January 07, 2018, 08:31:44 PM
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because i plan to make more than 1.5 BTC off the loan in 6 months. I dont really wanna sell the cars honestly. I can turn 16.5k into 50k+ in 6 months repair the 24750.00 and pocket the rest and still have my cars free and clear.
investerS
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January 07, 2018, 08:50:41 PM
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because i plan to make more than 1.5 BTC off the loan in 6 months. I dont really wanna sell the cars honestly. I can turn 16.5k into 50k+ in 6 months repair the 24750.00 and pocket the rest and still have my cars free and clear.

alright. i wish you best of luck.
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January 07, 2018, 11:16:24 PM
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Im only looking for 1 BTC!
I am providing $30,000+ USD value
1 BTC = $16,567

You are promising to repay 1.5 BTC, are you not?
1.5 BTC = $24,700
120% of that is $29,640
Your collateral is not worth that much.

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ThatRandom8543
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January 08, 2018, 03:37:00 AM
 #10

Looking for a 1 BTC loan for a 6 Month Period. I am willing to pay back 1.5 BTC at the end of that term.

Collateral
2014 Kia Optima SL-E Fully loaded 5,000 Miles NADA 29,000.00 USD
2015 Chrysler 200 42,000 Miles NADA is 12,800.00 USD

I am willing to put up Both car titles. I am located in PA if theres anything we can do to come to an agreement message me.
You could Quickly sell these cars for well over 17,500.00.


Why not go get a title loan from a local creditor and use that to buy bitcoins? On top of that, the car would have to be checked, to make sure it would be worth what youre stating but however if you default, selling for $17500 doesnt equal 120% of your request, but If you really need the loan, this place isnt for you.
fenican
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January 11, 2018, 05:53:32 AM
 #11

Just get a local title loan - if you can't get that, something is seriously wrong with the proposed transaction. Note that title lenders typically don't go higher than 50% of the vehicle's value because, obviously, there are costs involved with repossessing a car including hiring someone to do the repo and defending against any legal challenge. It's really a tough business and, likely, not something any BTC lender is going to want to deal with.
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