With the expense of hiring a lawyer, filing fees, court costs and wasted time.......is it really worth it to collect .07BTC? Look through the loan section, most of the requests are well below 1BTC. After reading for a bit you wouldn't ask this question.
This is why many ask for collateral greater than the value of the loan request.
An attorney for a small claims, really? I'm curious if there are stats out there, a lot of small claim courts in the states don't allow them, so that actually skews the number anyways. The fees... yeah there's definitely that cost. Where I am it's about 30 bucks which isn't too far from the average, but of course can be more depending on the amount. Chances are you're not going to get paid anyways, if it got to this point, but why not add those fees in your claim.
I've read many of requests and it's exactly why I'm posing the question actually. I'm not against this practice at all. But there is that bigger picture I talked about earlier. Do you think req DOX might discourage scammers in the least little way? I would imagine the number of scams would decrease, among other things. the overall goal would be to change the current lending scene... eventually.
Thanks for your input, keep em' coming! Oh, can you elaborate a little more on why collateral is greater than the loan request?
An attorney, really? Yes! Since many loans aren't even in the same state and laws vary state to state and since I don't know the laws for each state, yes. Without collateral, it's a crap shoot. You also are forgetting many scammers have been doing this a long time and use multiple accounts and make new ones all the time.
The "current lending scene" has already been changed due to scamming.
Many of your questions have been asked and answered over and over.
If you want to ask for loan with DOX only, be my guest.
And the fees vary from county to county, yes I get that. Regarding the multiple user accounts, what does that matter if they have to provide DOX? This isn't my landscape, but I think I recognize a by product of the shift; lenders are scamming at a higher rate. You never did answer why the collateral is worth more than loan itself. I know this isn't the case with all the loans, but since you mentioned it
Again, I'm not championing doing loans without collateral, I'm just curious as to why they're not accepted is all.
And shame on you KWH. If I need money bad enough, which I don't, I'd go to my bank, not this forum. Not everybody who pose a loan related question wants your coins. I'm sure there's a new loan request posted you can go entertain, but there'll be none of that thinking here, cool?
not that we are... But we still friends?? I'm not saying you did, but I know some people have gotten negative feedback and pinged as a scammer just because.
