Bitcoin Forum
October 31, 2024, 11:44:20 PM *
News: Latest Bitcoin Core release: 28.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: Collateral question  (Read 242 times)
BigCARL (OP)
Newbie
*
Offline Offline

Activity: 8
Merit: 0


View Profile
October 18, 2019, 02:18:17 AM
 #1

Hey guys I just started learning about this shit the other day while being broke ass and trying to get a loan.
I started trying to got4t a loan (see below g
Me getting flamew shot at me for scamming)
@0fjrst I thought... Why I have money to borrow money
.
. Then I remembered my phone bill can be used to buy things in the app store now so I'm wondering
Is there anything in the app store 5hats eotyj it like 5hsy

Ir there is who wants some shit
suchmoon
Legendary
*
Offline Offline

Activity: 3836
Merit: 9059


https://bpip.org


View Profile WWW
October 18, 2019, 02:25:02 AM
 #2

It hard to understand what you're saying because you can't be bothered with spell checking but it sounds like a trade, not a loan with collateral. You would buy something with your phone and someone else would buy it from you. If so, it doesn't belong on this board.
marcotheminer
Legendary
*
Offline Offline

Activity: 2072
Merit: 1049


┴puoʎǝq ʞool┴


View Profile
October 18, 2019, 05:30:16 AM
 #3

Is there anything in the app store 5hats eotyj it like 5hsy

Huh
TheUltraElite
Legendary
*
Offline Offline

Activity: 3052
Merit: 1327


Ready for diwali/halloween?


View Profile WWW
October 18, 2019, 08:52:03 AM
 #4

Ir there is who wants some shit
No.

Improve your method of writing as well. Are you using a translator to post?

If you need a loan for some emergency visit your local pawn shop or loan shark that does these things but at your own risk. Here giving out a loan to someone who does not even want to get themselves known is like throwing away money into a tank and hoping it will bounce back.

 
█▄
R


▀▀██████▄▄
████████████████
▀█████▀▀▀█████
████████▌███▐████
▄█████▄▄▄█████
████████████████
▄▄██████▀▀
LLBIT▀█ 
  TH#1 SOLANA CASINO  
████████████▄
▀▀██████▀▀███
██▄▄▀▀▄▄████
████████████
██████████
███▀████████
▄▄█████████
████████████
████████████
████████████
████████████
█████████████
████████████▀
████████████▄
▀▀▀▀▀▀▀██████
████████████
███████████
██▄█████████
████▄███████
████████████
█░▀▀████████
▀▀██████████
█████▄█████
████▀▄▀████
▄▄▄▄▄▄▄██████
████████████▀
........5,000+........
GAMES
 
......INSTANT......
WITHDRAWALS
..........HUGE..........
REWARDS
 
............VIP............
PROGRAM
 .
   PLAY NOW    
SM23031997
Hero Member
*****
Offline Offline

Activity: 1092
Merit: 582


View Profile
October 18, 2019, 08:26:10 PM
 #5

Why all your posts are in the lending section?
Visit more sections of the forum to learn more about bitcoin.
You will get a no collateral loan someday when your account worth much more than your loan.
ThatRandom8543
Sr. Member
****
Offline Offline

Activity: 1344
Merit: 307


View Profile
October 18, 2019, 08:30:32 PM
 #6

Why all your posts are in the lending section?
Visit more sections of the forum to learn more about bitcoin.
You will get a no collateral loan someday when your account worth much more than your loan.

Though to be fair, now these days there is no "value" in an account. People go based on if the person who is asking for a loan has a good reputation and is trustworthy.
DarkDays
Legendary
*
Offline Offline

Activity: 2030
Merit: 1189


View Profile
October 18, 2019, 08:54:58 PM
 #7

Is there anything in the app store 5hats eotyj it like 5hsy

How the f*** can you post that and expect to receive a favorable response? Are you completely stupid.

If you're broke, odds are you don't have anything that can be used as collateral. Unless you're willing to ship your physical goods over to be held by the lender, you're not getting a loan.

Likewise, if the loan value is too low for it to be worth the effort, your physical collateral would also be useless.
monga789
Jr. Member
*
Offline Offline

Activity: 97
Merit: 1


View Profile
October 23, 2019, 12:18:19 PM
 #8

Look for we websites that accept carrier billing as payment or pay by phone through SMS or premium number
High Yews
Jr. Member
*
Offline Offline

Activity: 40
Merit: 2


View Profile
October 25, 2019, 06:59:37 PM
 #9

If you are using physical collateral is it expected to be at a higher % than if crypto backed collateral is used?

Regards
DireWolfM14
Copper Member
Legendary
*
Online Online

Activity: 2324
Merit: 4537


Join the world-leading crypto sportsbook NOW!


View Profile WWW
October 25, 2019, 07:34:54 PM
 #10

If you are using physical collateral is it expected to be at a higher % than if crypto backed collateral is used?

Regards

Not necessarily, but unless we're talking about precious metals at spot price, the value of physical goods can be subjective.  Collectibles are a prime example; not everyone has the means, knowledge, or time to sell collectibles for their highest potential value.  So the lender may choose to apply a much lower value to the collectibles if they are used as collateral.  In the event the borrower defaults on the loan the lender can sell them for below top-tier pricing, and is likely to recover his losses much sooner.

Each lender has his policies, some won't accept physical collateral at all.  It's also worth noting that this is a global forum.  The locations of the lender and borrower might make physical collateral impractical.

In your case, since you've already indicated your intent to sell your collectibles, no one is likely to accept them as collateral for a loan.  The rational is that since you've already attempted to sell them, you are very likely to take the loan and abandon the collateral with the lender.

  ▄▄███████▄███████▄▄▄
 █████████████
▀▀▀▀▀▀████▄▄
███████████████
       ▀▀███▄
███████████████
          ▀███
 █████████████
             ███
███████████▀▀               ███
███                         ███
███                         ███
 ███                       ███
  ███▄                   ▄███
   ▀███▄▄             ▄▄███▀
     ▀▀████▄▄▄▄▄▄▄▄▄████▀▀
         ▀▀▀███████▀▀▀
░░░████▄▄▄▄
░▄▄░
▄▄███████▄▀█████▄▄
██▄████▌▐█▌█████▄██
████▀▄▄▄▌███░▄▄▄▀████
██████▄▄▄█▄▄▄██████
█░███████░▐█▌░███████░█
▀▀██▀░██░▐█▌░██░▀██▀▀
▄▄▄░█▀░█░██░▐█▌░██░█░▀█░▄▄▄
██▀░░░░▀██░▐█▌░██▀░░░░▀██
▀██
█████▄███▀▀██▀▀███▄███████▀
▀███████████████████████▀
▀▀▀▀███████████▀▀▀▀
█████████████LEADING CRYPTO SPORTSBOOK & CASINO█████████████
MULTI
CURRENCY
1500+
CASINO GAMES
CRYPTO EXCLUSIVE
CLUBHOUSE
FAST & SECURE
PAYMENTS
.
..PLAY NOW!..
High Yews
Jr. Member
*
Offline Offline

Activity: 40
Merit: 2


View Profile
October 25, 2019, 08:03:04 PM
 #11

If you are using physical collateral is it expected to be at a higher % than if crypto backed collateral is used?

Regards

Not necessarily, but unless we're talking about precious metals at spot price, the value of physical goods can be subjective.  Collectibles are a prime example; not everyone has the means, knowledge, or time to sell collectibles for their highest potential value.  So the lender may choose to apply a much lower value to the collectibles if they are used as collateral.  In the event the borrower defaults on the loan the lender can sell them for below top-tier pricing, and is likely to recover his losses much sooner.

Each lender has his policies, some won't accept physical collateral at all.  It's also worth noting that this is a global forum.  The locations of the lender and borrower might make physical collateral impractical.

In your case, since you've already indicated your intent to sell your collectibles, no one is likely to accept them as collateral for a loan.  The rational is that since you've already attempted to sell them, you are very likely to take the loan and abandon the collateral with the lender.

Thank you Direwolf.  My items are to niche to use as collateral.  Do have gold sterlings, but not ready to let go of them yet.
Again I appreciate the advice.

Regards
Pages: [1]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!