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Author Topic: BITCOIN LOANS - LOW INTEREST - COLLATERAL NOT REQUIRED - STARTING AT $5  (Read 147 times)
ThatDevAaron (OP)
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November 15, 2021, 07:43:26 AM
 #1

Welcome to, Akhtar Loans.

*REPUTABLE MEMBERS OF THE BITCOINTALK FORUMS ONLY.*

YOU DON'T NEED COLLATERAL.

Interest Rates:
  • Amount: $5 - $10  |  Interest: 2.50% - 5.80%
  • Amount: $11 - $20  |  Interest: 5.50% - 8.80%
  • Amount: $21- $50  |  Interest: 7.30% - 12.40%
  • Amount: $50+  |  Interest: 8.00% - 25.00%
Custom rates can be offered to those who provide collateral/have on-site reputation.


Can't pay back the loan at once? Pay back the loan in small bits!
Its understandable if you can't afford to pay a lump sum of cryptocurrency after receiving a loan, which is why if you contact me and are upfront about your situation, I may decide on allowing regular payments over the course of a week-month, this option will only be for those who enquire about it first - and it will put your interest roughly 20% - 50% (or more) over its initial amount.


BEFORE A LOAN HAS BEEN PROCESSED, YOU WILL BE REQUIRED TO PROVIDE ME WITH AN AMOUNT OF TIME I'D NEED TO WAIT BEFORE RECEIVING MY LOAN BACK.
If you miss the timeframe and fail to return my loan (including interest), you will be charged 7% interest per day, if you don't provide me with a reason for the delay or fail to contact me in general, a scam report will be filed, and you'll be barred from my loan service.


Contact Me:
Telegram: @D3vAaron

ALL DEALS WILL BE CONFIRMED ON-SITE.
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magneto
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November 16, 2021, 10:05:07 PM
 #2

Are these interest rates per day/week/month/year?

Also, I suggest that you think about the people who would actually need loans <$50. Why would they even borrow from you instead of using a credit card/BNPL?

A reminder also that 7% per day late fees equates to an effective 5309808459800% APY. Roll Eyes
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November 16, 2021, 10:29:03 PM
 #3

Quote
Amount: $5 - $10  |  Interest: 2.50% - 5.80%

on which things it depends whether the interest rate will be 2.5% or 5.8%?
Help me to understand, why is a higher interest rate for the biggest loan amount? shouldn't it be the other way around?

For example how you will calculate if I want to take two loans of $10? Today $10 and tomorrow another $10? would you calculate interest as per $10 on both loans or $20?

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shasan
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November 17, 2021, 09:58:02 AM
 #4

Amount: $50+  |  Interest: 8.00% - 25.00%
Is it yearly? I don't think it is yearly. If it is weekly or monthly then it will be still too much as a newbie you should not charge more than 10% per month whatever the amount is 50$ or more.

If you miss the timeframe and fail to return my loan (including interest), you will be charged 7% interest per day, if you don't provide me with a reason for the delay or fail to contact me in general, a scam report will be filed, and you'll be barred from my loan service.

Is it not too much? I have still not seen any lender whose charge 7% per day for extension.
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