No Collateral No Interest Loans

[slimzak]

Hi guys,

I want to try something new so I am offering no collateral loans up to 0.002 BTC

Duration of the Loan will be up to 7 days.

Interest rate: None

Donations are welcome.

Please only Hero and Legendary can apply for now. If you are not of high rank but have lots of trust feedback you can apply as well.

This is a test so based on how this works out I will make the rules more flexible in the future.

If there is anything wrong with my post please let me know and I will fix it.

Thanks!

[examplens]

Can I ask, why are you doing this?
you consciously take a risk where you will get nothing in return. you will spend some time on it for nothing. Or maybe some donation. 0.002 is not such a serious amount but are you sure that you can risk staying without them? Even you only think about hero/legendary things can easily get complicated.
or maybe you just want to build a reputation this way.

[slimzak]

Can I ask, why are you doing this?
you consciously take a risk where you will get nothing in return. you will spend some time on it for nothing. Or maybe some donation. 0.002 is not such a serious amount but are you sure that you can risk staying without them? Even you only think about hero/legendary things can easily get complicated.
or maybe you just want to build a reputation this way.

This is a service to help out trusted members of the forums who need a small loan for a few days. For me it would be a way to build reputation and earn merit. Thanks!

[Agarthian]

hi may I apply for this ?

[Quickseller]

Can I ask, why are you doing this?
you consciously take a risk where you will get nothing in return. you will spend some time on it for nothing. Or maybe some donation.

My guess is that he is hoping to get donations in amounts that is greater than any interest rate he could charge.

He is making ~$80 week-long loans. The only reason someone would take on this kind of loan is that they want to gamble, and the OP might be hoping to get a nice donation if the gambler does well, and will get repaid what he lent if the gambler doesn't win.

[slimzak]

Can I ask, why are you doing this?
you consciously take a risk where you will get nothing in return. you will spend some time on it for nothing. Or maybe some donation.

My guess is that he is hoping to get donations in amounts that is greater than any interest rate he could charge.

He is making ~$80 week-long loans. The only reason someone would take on this kind of loan is that they want to gamble, and the OP might be hoping to get a nice donation if the gambler does well, and will get repaid what he lent if the gambler doesn't win.

This is not the case, as I mentioned.. this is a service is currently set out to help out long term users who have contributed to this forum

Having said that, I can offer some flexibilty with regards to loan amount and duration but this all depends on the borrowers history.

I also hope that anyone borrowing any money is not using it for gambling or for unethical purposes.

[coupable]

Ok let's try it

Loan amount : 0.00093 (36$)
Loan dyration : 1 week
Address : bc1qfr9yek6074nyvkvtcjv5949tzm8yv22h6nzvx0

If accepted, please pm me the repayment address.
Thank you

[slimzak]

Ok let's try it

Loan amount : 0.00093 (36$)
Loan dyration : 1 week
Address : bc1qfr9yek6074nyvkvtcjv5949tzm8yv22h6nzvx0

If accepted, please pm me the repayment address.
Thank you

Accepted. 0.00093 sent to the address you provided.

Please repay 0.00093 in 1 week. Thanks.

Repayment address: 33oPdbZLGM3hPhPRHSbfN64A28sFMeLpNY

[seoincorporation]

If there is anything wrong with my post please let me know and I will fix it.

If you will have a constant repayment address you can add it to the main post. And it would be good if you can add the posting format, something like:

Code:

Loan amount :
Loan dyration : 
Address : 

I will try for a 0.002 loan for 7 days to the address 1BtcBoSSnqe8mFJCUEyCNmo3EcF8Yzhpnc

Please let me know if I'm accepted and the return addy. This is the first time I ask for a loan in the forum, but this is the first time I see the loans without Collateral and Interest, so, let's try it.

EDIT: After waiting 12 days for this loan I'm not interested anymore... I have already got some payments and I don't need the loan. So, please don't send it.

[slimzak]

If there is anything wrong with my post please let me know and I will fix it.

If you will have a constant repayment address you can add it to the main post. And it would be good if you can add the posting format, something like:

Code:

Loan amount :
Loan dyration : 
Address : 

I will try for a 0.002 loan for 7 days to the address 1BtcBoSSnqe8mFJCUEyCNmo3EcF8Yzhpnc

Please let me know if I'm accepted and the return addy. This is the first time I ask for a loan in the forum, but this is the first time I see the loans without Collateral and Interest, so, let's try it.

Hi,

I currently have a few active loans waiting to be repaid, once repaid I will be happy to accommodate more people. Thanks.

[nwfella]

Given the zero Interest fee's level I would be more than happy to give this service a try.

Brilliant idea for quickly building up some positive reputation in the forum too btw

I would be interested in securing a loan for 0.002 BTC for 7 days whenever your satoshis slush fund has been replenished.

Please remit the 200k sat's to the following BTC address 377hAHU9K5Jei5FgLfkkBV17uSQ3K5V3rs

And let me know which return address you would like payment to.

I look forward to hearing back from you and see how well this experiment works out for you.

*Note, the above listed BTC address is an exchange address...if you plan on implementing the signed message verification process mentioned by @coupable then I will need to change this address to one from which I can sign messages from.

[coupable]

snip

Accepted. 0.00093 sent to the address you provided.

Please repay 0.00093 in 1 week. Thanks.

Repayment address: 33oPdbZLGM3hPhPRHSbfN64A28sFMeLpNY

0.00093 btc has been sent out to the repament address mentioned above
https://blockstream.info/tx/fde65bce80a9cd142e2fdd8cee171632fbe14ec550dc2f0c73b008619e6ee015
[This loan was paid since last Tuesday and i forgot to post here , Sorry Slim]

After try taking the first loan from Slimzak, i have two notes that may improve this service :
-First note ; When i received the loan, it was clear from the transaction details that the funds have been withdrawn from an exchange, and i can imagine how much fees the borrower paid however he didn't ask about any additional amount to be sent for repayment as mentioned in op loan conditio.
-Second note ; When i asked for the loan, the borrower didn't ask me to prove ownership of my account. I suggest you to always ask for a signed message from an old staking address even you know the user taking the loan is trusted and honest unless he is using an old staked address to receive the loan which you won't bother yourself searching about every address.

Slim you are a good guy and i wish you the best of luck.

Best Regards