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Lightwave
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Post deleted.
December 28, 2013, 05:14:34 PM
Last edit: February 06, 2014, 11:18:30 AM by Lightwave
#1
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austin
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Re: Lightwave's Micro Loan service
December 28, 2013, 05:20:34 PM
#2
Quote from: Lightwave on December 28, 2013, 05:14:34 PM
I will accept ID, address and telephone as collateral if you live in London, England.
I wouldn't recommend accepting that instead of collateral. Even if they live around you and you have their ID, it won't be worth the trouble to find them over ~$36.
Vod
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Re: Lightwave's Micro Loan service
December 28, 2013, 07:22:27 PM
#3
Quote from: Lightwave on December 28, 2013, 05:14:34 PM
I will accept ID, address and telephone as collateral if you live in London, England.
The loose definition of collateral is something you can resell should the borrower not repay.
You can't resell ID.
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Lightwave
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December 28, 2013, 07:51:58 PM
Last edit: February 06, 2014, 11:18:04 AM by Lightwave
#4
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Vod
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Re: Lightwave's Micro Loan service
December 29, 2013, 05:24:48 AM
#5
Quote from: Lightwave on December 28, 2013, 07:51:58 PM
The ID is more for insurance purposes, my mistake.
Insurance how? is it going to get you any coins back?
Taking ID will not help you in any way unless you are prepared to spend money and take them to court. Most people aren't.
https://nastyscam.com
- featuring 13 years of OGNasty bitcoin scams
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