CRYPTO LOANS - LOW INTEREST - COLLATERAL NOT REQUIRED - STARTING AT $5

[ThatDevAaron]

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.

[magneto]

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.

[examplens]

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?

[shasan]

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.

[ThatDevAaron]

bump - back active

[UserU]

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?

Good point there.

@ThatDevAaron, explaining the above would make things clearer for those trying to request for loans. It's like a deterrent to borrow larger amounts.

[Bitcoin_Arena]

bump - back active

Would have been nice bumping the thread with answers to the questions a few members raised. As of now, your terms are a bit unclear, especially regarding what time frame the interest rates apply to.

Your lack of interest in addressing the queries also means your lack of seriousness in your lending service which is why no one bothers to even apply.