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Author Topic: Collateral for Loans  (Read 574 times)
flyboy
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October 18, 2013, 01:20:30 PM
 #1

I'm interested in offering Loans, but want to get some Ideas from you long time lenders on what types of collateral are available to a lender in electronic form?

What are some things you lenders accept as collateral?

thanks,
-Flyboy
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nimda
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October 18, 2013, 02:41:01 PM
 #2

Alt-coins, stock shares, BFL orders, domain names

In the mail, jewelry is a good one.

I recommend asking me for a signature from my GPG key before doing a trade. I will NEVER deny such a request.
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October 18, 2013, 05:06:02 PM
 #3

don't try to jump in this hell just keep these and as price rising may be you have some profit but if you want to do lending then may be very soon you burned and out of here

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October 19, 2013, 04:08:00 PM
 #4

The best collaterals are things easily and quickly sold for btc, like LTC or shares for example.
But you can use everything (even real items if you are ready to ship them during the loan).

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Get paid weekly for your signature.
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October 19, 2013, 04:13:27 PM
 #5

Pretty much what everyone said,

Litecoin / Alts.

Shares

Domains

iPhones / iPads [Cheap to ship items]

>>>>>>>>>>>> Bitcoininformation & DiamondCardz are SCAMMER, AVOID THEM AT ALL COSTS! <<<<<<<<<<<<
39  Belvedere Road Leyton London E10 7NW    = SCAMMER ADDRESS! TRY A MILLION LTD!
TradeFortress is a scammer!
xypos
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October 19, 2013, 04:45:24 PM
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But if you have a collateral, usually you don't need a loan before you can sell it ...
And you don't have to pay fees (for loan).














 

 

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cyclops
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October 19, 2013, 04:52:16 PM
 #7

But if you have a collateral, usually you don't need a loan before you can sell it ...
And you don't have to pay fees (for loan).

What if you are holding for example LTC? And you don't want to sell at current rates.
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October 19, 2013, 04:53:31 PM
 #8

You could say that for the thousands of Pawn Shops around the world, why don't people just sell their items instead of putting it in pawn. Some people just need quick cash but want to keep their shares / alts for the time being.

>>>>>>>>>>>> Bitcoininformation & DiamondCardz are SCAMMER, AVOID THEM AT ALL COSTS! <<<<<<<<<<<<
39  Belvedere Road Leyton London E10 7NW    = SCAMMER ADDRESS! TRY A MILLION LTD!
TradeFortress is a scammer!
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