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Author Topic: 5 BTC loan required  (Read 1128 times)
libertycapking
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September 25, 2013, 07:35:12 PM
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5 BTC loan required, preferably more?.Will pay back in a month. Money is need to pay off bills from debt collectors. Can show proof of debts which go into 2 - 3 thousand mark.
I can offer collateral but what is good collateral to use? I could post my passport, some advice would be good cheers. I have a bad credit rating so cant pay off loan. I have a part time job but its only a few shifts a week. Live with parents who I cant borrow anymore money off. Any help and advice appreciated. Thank you very much Smiley Please ask for any more information

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September 25, 2013, 07:36:48 PM
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5 BTC loan required, preferably more?.Will pay back in a month. Money is need to pay off bills from debt collectors. Can show proof of debts which go into 2 - 3 thousand mark.
I can offer collateral but what is good collateral to use? I could post my passport, some advice would be good cheers. I have a bad credit rating so cant pay off loan. I have a part time job but its only a few shifts a week. Live with parents who I cant borrow anymore money off. Any help and advice appreciated. Thank you very much Smiley Please ask for any more information

Please provide more information on your $750 in collateral.  That's what the lenders want to read about.

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September 25, 2013, 07:38:37 PM
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You can't pay off your loan, so you want a loan to pay it off?  And how will you pay off the loan to pay off the loan you can't pay off?

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September 25, 2013, 07:39:26 PM
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You can't pay off your loan, so you want a loan to pay it off?  And how will you pay off the loan to pay off the loan you can't pay off?

Ehm.. he'll probably ask for another loan?

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September 25, 2013, 07:41:27 PM
 #5

5 BTC loan required, preferably more?

Can show proof of debts.

I have a bad credit rating so cant pay off loan.

Err... Good luck ?

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September 25, 2013, 07:42:56 PM
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You can't pay off your loan, so you want a loan to pay it off?  And how will you pay off the loan to pay off the loan you can't pay off?

This is a good point. Theres a few bills. One is an old credit card. The other is an old Wonga loan ( stupid I know) I have managed to get them to freeze the outstanding debts a few weeks ago so no more fees are added. Well ive just started a part time job so I will eventualy have some money coming in again. The loan is just to pay off the debtors? keep them happy until I can set up regular payments with them. Or if I can get a bigger loan pay them all off then pay the person who gave me the loan with my wages

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September 25, 2013, 07:44:01 PM
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You should just say it's for poker, I bet you're likely to get a loan that way.

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libertycapking
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September 25, 2013, 07:44:27 PM
 #8

5 BTC loan required, preferably more?.Will pay back in a month. Money is need to pay off bills from debt collectors. Can show proof of debts which go into 2 - 3 thousand mark.
I can offer collateral but what is good collateral to use? I could post my passport, some advice would be good cheers. I have a bad credit rating so cant pay off loan. I have a part time job but its only a few shifts a week. Live with parents who I cant borrow anymore money off. Any help and advice appreciated. Thank you very much Smiley Please ask for any more information

Please provide more information on your $750 in collateral.  That's what the lenders want to read about.

Sorry what do you mean, what collateral I can give. Any suggestions? What do other people use as collateral?
Thanks

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September 25, 2013, 07:45:21 PM
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You should just say it's for poker, I bet you're likely to get a loan that way.

sorry i presume your joking? if not... its for poker?  Undecided

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September 25, 2013, 07:45:58 PM
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Hey Joey!

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September 25, 2013, 07:48:39 PM
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You should just say it's for poker, I bet you're likely to get a loan that way.

sorry i presume your joking? if not... its for poker?  Undecided

Its a joke about how people here would probably have more faith in someone repaying a loan that they are gambling with than someone taking out a loan to pay off other loans.
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September 25, 2013, 07:49:30 PM
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Just seen this postcard idea, very clever. im willing to do this -



Less convincing (though still enough to be convincing) is third-party rep. Heatware, eBay, OTC. They're all able to be abused, but it adds a little extra hassle for the scammer. Knowing you live at the address on your ID is a big plus. Some lenders may also ask you wait for a postcard (with a code on it) to be mailed to your address. When you receive that postcard, you relay it to the potential lender, and then he knows you live where your alleged ID states. If you also provide a promissory note and pay stubs, that seems pretty darn secure to me.

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September 25, 2013, 07:49:34 PM
 #13

Collateral serves as protection for a lender if the borrower defaults.

If you don't manage to pay back the loan, you will forfeit your collateral and the lender will become the sole owner.

So basically, something that is worth $750 to the lender.

libertycapking
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September 25, 2013, 07:51:04 PM
 #14

You should just say it's for poker, I bet you're likely to get a loan that way.

sorry i presume your joking? if not... its for poker?  Undecided

Its a joke about how people here would probably have more faith in someone repaying a loan that they are gambling with than someone taking out a loan to pay off other loans.

ah i see. but surely someone loaning out the btc doesn't matter what its for if they trust they will get it back?

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September 25, 2013, 07:52:29 PM
 #15

Collateral serves as protection for a lender if the borrower defaults.

If you don't manage to pay back the loan, you will forfeit your collateral and the lender will become the sole owner.

So basically, something that is worth $750 to the lender.

ah well don't know whats worth £750 ( im in u.k by the the way) that i can post / deliver?. Suppose i could meet in person in north west

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September 25, 2013, 07:54:33 PM
 #16

Don't you have a interest free overdraft with your bank or something, and a loan with Wonga, really man they rip you off so hard why did you do that.

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September 25, 2013, 07:55:39 PM
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Don't you have a interest free overdraft with your bank or something, and a loan with Wonga, really man they rip you off so hard why did you do that.

No i don't, i know mate was so stupid with Wonga

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September 25, 2013, 07:57:25 PM
 #18

Can't you sell your computer or something, just pay off all your debts and be done with them and when you get paid just buy a cheap one or something to avoid getting any extra charges.

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September 25, 2013, 07:59:28 PM
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My computer wont be worth more than a hundred or 2 at most.

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September 25, 2013, 08:00:23 PM
 #20

Your up to your eyeballs in debt and still live your parents? How you gonna cope when you go out into the real world?

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