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Author Topic: If someone can get loan Without Collateral?  (Read 201 times)
fennic (OP)
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October 05, 2022, 01:48:21 PM
 #1

Hi guys today I got into lending page. I saw this that some members are giving loans to people who have collateral. So I want to say that can someone get loan without collateral?
I will be pleased to know about this.

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October 05, 2022, 02:30:57 PM
Merited by yahoo62278 (1)
 #2

Yes, but it's only for trusted users of the forum, not for everyone. You are not likely to get a loan without collateral(valid collateral only) unless someone is going to trust you for no reason.

Darkstar_ provides no collateral loan and so does shasan and others but as I said only for trusted users of the fprum. You can check Darkstar_ thread to see who gets a loan without collateral- https://bitcointalk.org/index.php?topic=3243635.0

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Stalker22
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October 05, 2022, 03:13:08 PM
 #3

When you become a high-ranking forum member with a good reputation, you can use your forum account as collateral for a loan. Forum loans are very hard to get, but if you qualify for one and make regular payments, it can help you build your credit history.

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October 06, 2022, 07:49:08 AM
Merited by condoras (1)
 #4

When you become a high-ranking forum member with a good reputation, you can use your forum account as collateral for a loan. Forum loans are very hard to get, but if you qualify for one and make regular payments, it can help you build your credit history.


"forum account as collateral"- these days it is unlikely, it's a forgotten story Smiley

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October 06, 2022, 10:33:37 AM
 #5

I'm wondering if @Stalker22 was meaning "use your reputation" as collateral? 🤔

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October 06, 2022, 10:39:14 AM
 #6

Don't even ask before you establish some solid history in the forum. Even after you do that people may not lend you any money without a valid collateral. If you ask for a loan without a collateral when you are a newbie, you may even get a negative trust rating which will ruin any future you will potentially have in this forum.

The newbie people you see asking for a loan without a collateral are mostly scammers and will receive a negative trust rating sooner or later.

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Stalker22
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October 06, 2022, 06:51:42 PM
 #7

I'm wondering if @Stalker22 was meaning "use your reputation" as collateral? 🤔

That is correct. I was a bit vague there.

There are lenders who give loans without collateral, but only to trusted members of the forum, so in a sense, your forum account (that is, your reputation) serves as collateral.

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