Micro loan Service

[generatorhd]

Amount i have currently: 0.00018 btc

Collateral 120% of the total loan amount

Repayment 0-7 days with 10% interest charged at the end, if repayment is later i will charge 0.0001 on top for everyday that is missed.

In the case of a defaulted loan, collateral will be sold or kept by me.

Escrow can be used but you pay the fees

[actmyname]

Micro is right. That's less than $2. What, I need a loan to buy a pen? The transaction fee is going to be 10% of the loan amount!Maybe you should start with at least $100?

[Blue Tyrant]

Micro is right. That's less than $2. What, I need a loan to buy a pen? The transaction fee is going to be 10% of the loan amount!Maybe you should start with at least $100?

As a borderline nerd I would like to play the devil's advocate here and point out that micro(μ) scientifically according to the Système international d'unités's metric prefixes standards for 10⁻⁶ of a given unit. Since this is Bitcointalk we can assume that the default "metric" unit can be assumed to be a BTC and thus a μBTC loan would be for loans in and around the range of 0.000001BTC. Thus the lender's service is actually beyond a micro loan and nearly touches the territory of a milli loan service


Obligatory sarcasm note for those who fell for Poe's Law