💰💰Parodium's BTC/ETH/Altcoin Large Loan Service, Minimum $1,000 💰💰

[Parodium]

Hello there. I have decided to launch a new thread to change around my loan service.

I am now offering large loans only, mostly since I no longer have the time to deal with smaller loans. Minimum loan amount is $1,000, and minimum interest is set at $50. I will provide smaller loans, but the minimum interest will be capped at $50.

I am charging a fixed rate of 5% per month on these loans.

Please read the terms of my offer below;

1. You must offer collateral worth at least 120% of the loan amount, no collateral loans may be considered for trusted users.
2. You are responsible for any fees associated with transferring the collateral to me, or repaying the loan.
3. Loan duration is to be agreed, extensions/extension rates are to be agreed with me. If payment is missed after extension,
I'll either keep your collateral, or offer you further extension.
4. If you default on your loan, I will keep/sell/dispose of your collateral. I will not accept collateral that cannot be easily resold.
5. I have the right to deny any loan for any reason, or no reason at all.
6. Your collateral must be easily secured, and irreversible once secured.
7. Do not offer me your account as collateral, I don't care who you are.
8. Escrow accepted at your expense, you must also arrange this entirely.

[ThatRandom8543]

Hello there. I have decided to launch a new thread to change around my loan service.

I am now offering large loans only, mostly since I no longer have the time to deal with smaller loans. Minimum loan amount is $1,000, and minimum interest is set at $50. I will provide smaller loans, but the minimum interest will be capped at $50.

I am charging a fixed rate of 5% per month on these loans.

Please read the terms of my offer below;

1. You must offer collateral worth at least 120% of the loan amount, no collateral loans may be considered for trusted users.
2. You are responsible for any fees associated with transferring the collateral to me, or repaying the loan.
3. Loan duration is to be agreed, extensions/extension rates are to be agreed with me. If payment is missed after extension,
I'll either keep your collateral, or offer you further extension.
4. If you default on your loan, I will keep/sell/dispose of your collateral. I will not accept collateral that cannot be easily resold.
5. I have the right to deny any loan for any reason, or no reason at all.
6. Your collateral must be easily secured, and irreversible once secured.
7. Do not offer me your account as collateral, I don't care who you are.

I would suggest that you mention if you will accept escrow or not (and of course who would be responsible for its fee if applicable).

[Parodium]

I would suggest that you mention if you will accept escrow or not (and of course who would be responsible for its fee if applicable).

Escrow accepted at the expense of the lendee. They will also have to arrange it all. Ideally this will be for significant loan amounts otherwise it will waste additional time.

[yogg]

Minimum loan amount is $1,000, and minimum interest is set at $50. I will provide smaller loans, but the minimum interest will be capped at $50.

Glad to see new lenders

Can you please elaborate on this :
Do you loan out an amount of USD in BTC and expect to be paid back the USD + interest in BTC, with two different USD/BTC rate (at time of borrowing, and time of paying back) ?
Or do you loan out $1000 in BTC and expect to be paid back that amount of BTC + interests ?

Best of luck with your service !

[Parodium]

Minimum loan amount is $1,000, and minimum interest is set at $50. I will provide smaller loans, but the minimum interest will be capped at $50.

Glad to see new lenders

Can you please elaborate on this :
Do you loan out an amount of USD in BTC and expect to be paid back the USD + interest in BTC, with two different USD/BTC rate (at time of borrowing, and time of paying back) ?
Or do you loan out $1000 in BTC and expect to be paid back that amount of BTC + interests ?

Best of luck with your service !

Not a new lender, this is just a new thread.

That can be negotiated, typically I would expect payments to be calculated in BTC, e.g. a 1 BTC loan at 5% interest will be 1.05 BTC, irrespective of the changes in value.

However, I may consider locking in the USD value in certain loans to protect myself against volatility.

[Parodium]

Bumpo.

Large loans available.

[Parodium]

Bumping this.

Large loans available, of $1,000+ minimum.

I don't have time for smaller loans unless you're going to pay increased interest.

[orio]

Loan Amount: 1 BTC
Reason for Taking out a Loan: IEO listing for our project
Repayment Amount: 1.1 BTC
Repayment Period: less than 40 days
Type of Collateral: NAT (Natmin) tokens (120%)
Bitcoin Address: 1AiVKnFnizh9QNFa8ojQLxtE7t8G8AQX2v

[Parodium]

Loan Amount: 1 BTC
Reason for Taking out a Loan: IEO listing for our project
Repayment Amount: 1.1 BTC
Repayment Period: less than 40 days
Type of Collateral: NAT (Natmin) tokens (120%)
Bitcoin Address: 1AiVKnFnizh9QNFa8ojQLxtE7t8G8AQX2v

Insufficient liquidity and extreme volatility, you would need to provide massively more than 120%.

[duygutgl]

Hello there. I'm sorry I'm bothering you with a private message. my name is Duygu. I'm from Turkey. I live in Turkey. I don't know if this will be a problem for you. I apologize and ask you for 5600 dollar btc loan from you. If you were to ask why I wanted $ 5600, I'd like to explain. 600 dollars for my house rent and bills. about 2000 dollars to repay my bank debt. I will capitalize $ 3000 because I want to buy women's shoes and bags online and sell them.
I cannot get a loan because I have debt in the bank. I wish I could ...
I came across you while I was researching on the internet and wanted to write. If you are helpful, I ask you for help.

I have no worries about the refund. Why not, if I can start my business as I said. I will make a very good profit.

** my main profession is interior architecture. I quit my job during the covid19 process. then I looked for a job and could not find it. the situation is so bad that there is no job. I have been unemployed for 5-6 months and now I have to fix myself financially. therefore I need capital. And financially, I don't have bad money right now ...
I hope you see the message and get back to me. Take care of yourselves. healthy days.

*** I'm sorry I'm new here I apologize if I wrote something wrong.

[Slbtc]

You can be happy, I can take some lending from you, but profit will be small. From other view, repayment time will be some days only and lending amount can be larger, starting from 0.5 BTC.
P.S. Please be informed that there are problems with BTC transfer times, therefore everything must be well organized before any transfer.