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Author Topic: Looking for $2000 loan  (Read 201 times)
Mitch212 (OP)
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February 19, 2022, 08:59:54 PM
Last edit: February 19, 2022, 09:16:03 PM by Mitch212
 #1

As mentioned in the title I m looking for a 2k loan for my website, if you see my previous post I'm looking for an investor but I decided to take a loan

Collateral: domain site
Amount : $2000 (BTC,ETH,Any coin)
Interest: 10 to 15%
Return : 1 month, 1.5 months maximum

Reason : to help to fund my website you can check my last post about it
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shasan
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February 20, 2022, 12:28:00 AM
 #2

As mentioned in the title I m looking for a 2k loan for my website, if you see my previous post I'm looking for an investor but I decided to take a loan

Collateral: domain site
Amount : $2000 (BTC,ETH,Any coin)
Interest: 10 to 15%
Return : 1 month, 1.5 months maximum

Reason : to help to fund my website you can check my last post about it
So, you are trying to take loan instead of investor? As you have not able to find out investor/investors you will not be able to find out any lender will will lend you money by taking this domain as a collateral as it is not a valid collateral.
One question: if you need a loan then why you have applied for the same loan at a same time.What will happen if your loan request accepted from multiple place? You have all the element which a scammer should have.
Mitch212 (OP)
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February 20, 2022, 12:34:42 AM
 #3

As mentioned in the title I m looking for a 2k loan for my website, if you see my previous post I'm looking for an investor but I decided to take a loan

Collateral: domain site
Amount : $2000 (BTC,ETH,Any coin)
Interest: 10 to 15%
Return : 1 month, 1.5 months maximum

Reason : to help to fund my website you can check my last post about it
So, you are trying to take loan instead of investor? As you have not able to find out investor/investors you will not be able to find out any lender will will lend you money by taking this domain as a collateral as it is not a valid collateral.
One question: if you need a loan then why you have applied for the same loan at a same time.What will happen if your loan request accepted from multiple place? You have all the element which a scammer should have.


I'll only take a loan from 1 place since if it was accepted by a service it's gonna get denied by the other one automatically, I'm not only offering the domain name, I'm offering domain + Vps and my name cheap acc which has my personal information, since I couldn't find an investor no one is interested I thought a loan would work and will be repayed a month from now
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February 20, 2022, 12:39:50 AM
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 #4

I'll only take a loan from 1 place since if it was accepted by a service it's gonna get denied by the other one automatically, I'm not only offering the domain name, I'm offering domain + Vps and my name cheap acc which has my personal information, since I couldn't find an investor no one is interested I thought a loan would work and will be repayed a month from now

Get a job at Micky D's for a couple of months and make the money that you need for your website.

Imagine if someone walked up to you on the street and said "give me $2000". Because that's essentially what you're doing here. No reputation, no collateral, ignoring the stickies on this board, all you know is that you want money.

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February 20, 2022, 12:42:16 AM
 #5

I'll only take a loan from 1 place since if it was accepted by a service it's gonna get denied by the other one automatically, I'm not only offering the domain name, I'm offering domain + Vps and my name cheap acc which has my personal information, since I couldn't find an investor no one is interested I thought a loan would work and will be repayed a month from now
You wont be able to take any loan by providing these domain+vps+namecheap account as these are not a valid collateral. Your personal information will not help to the lender if you are from a different country. And also you may use the information of other. So, why people will take risk by funding you?
Mitch212 (OP)
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February 20, 2022, 12:45:45 AM
 #6

I'll only take a loan from 1 place since if it was accepted by a service it's gonna get denied by the other one automatically, I'm not only offering the domain name, I'm offering domain + Vps and my name cheap acc which has my personal information, since I couldn't find an investor no one is interested I thought a loan would work and will be repayed a month from now
You wont be able to take any loan by providing these domain+vps+namecheap account as these are not a valid collateral. Your personal information will not help to the lender if you are from a different country. And also you may use the information of other. So, why people will take risk by funding you?


Alright I understood that's not a valid collateral, sorry for that, but can you tell me what's a valid collateral again I'm sorry didnt know about that thought people would take those as collateral
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February 20, 2022, 12:51:36 AM
 #7

Alright I understood that's not a valid collateral, sorry for that, but can you tell me what's a valid collateral again I'm sorry didnt know about that thought people would take those as collateral
Valid collateral is something which can be sold at anytime which might be any altcoin. Your domain could be valid collateral too if it was reputed and it had enough value. You have just bought your domain only less than a week which costs you only few dollars. So, how  you demand 2000$ by investing less than 1% of your asking amount?
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February 20, 2022, 10:03:22 AM
 #8

Mitch212, give me a reason why I would give money to a stranger?
can you tell me what's a valid collateral again I'm sorry didnt know about that thought people would take those as collateral
Read this: https://bitcointalk.org/index.php?topic=577765.msg6311902#msg6311902

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Mitch212 (OP)
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February 20, 2022, 03:58:20 PM
 #9

Alright I understood that's not a valid collateral, sorry for that, but can you tell me what's a valid collateral again I'm sorry didnt know about that thought people would take those as collateral
Valid collateral is something which can be sold at anytime which might be any altcoin. Your domain could be valid collateral too if it was reputed and it had enough value. You have just bought your domain only less than a week which costs you only few dollars. So, how  you demand 2000$ by investing less than 1% of your asking amount?


Do you think $500 in TRX + Domain and things I mentioned would get me a loan for around 1k and not 2k?
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February 20, 2022, 04:21:41 PM
 #10

Do you think $500 in TRX + Domain and things I mentioned would get me a loan for around 1k and not 2k?
   
You can get maximum of 80% loan base on your collateral. So, if the price of your domain is 10$ and value of trx 500$ then you may get 400$ to 430$ loan. No lender will give you loan more than the value of the collateral. Even if you take loan from bank then the value of the collateral will be more than the loan amount.
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