When you say that you are using a new account for obvious reasons, the only obvious reason would be for scamming or to hide your past reputation for scamming. A worthless reddit account will not be sufficient collateral to anybody that would seriously consider funding this loan.
What are the obvious reasons that you are using a new account? Are you able to produce valid collateral?
Probably that he already has credit against that account and therefore can't use it here to post because then we'd work out they have an active loan elsewhere (just my guess)...