Need a loan, will provide collateral and identification

[gre123]

Hello, im not sure how this works as i have not borrowed Btc before,
I have 0.02 btc for collateral
I can provide identification and other information if necessary
I want a 0.2 btc loan for trading purposes and i will pay with a reasonable and agreed upon interest.
My account is newbie but i have been on bitcointalk for 2 years.
Thank you for your time

[Vod]

Hello, im not sure how this works as i have not borrowed Btc before,
I have 0.02 btc for collateral
I can provide identification and other information if necessary
I want a 0.2 btc loan for trading purposes and i will pay with a reasonable and agreed upon interest.
My account is newbie but i have been on bitcointalk for 2 years.
Thank you for your time

You need at least 0.23btc collateral to get a 0.2 btc loan.

You can lock this thread by the link at the bottom.

[gre123]

alright i see, thank you for your response
oh i did not know that , so i can get a 0.02 btc loan ? but i think it defeats the purpose cuz if i have to provide 0.02 collateral for 0.02 loan it will be the same amount to trade with, so it kind of defeats the purpose.
so i guess ill have to cancel this request ...