weekly loans

[ps34]

there are people here asking for a loan every week   why is that? mnightwaffle

[1715184992]

1715184992

[Timelord2067]

there are people here asking for a loan every week   why is that? mnightwaffle

Your thread belongs in the Reputation, Meta or Off Topic sections.

[yahoo62278]

there are people here asking for a loan every week   why is that? mnightwaffle

Why is other peoples lives any of your business? If someone needs/wants a loan and can repay, then he has the right to ask for it. Same as if someone trusts him to repay it is their right to loan him. Either way it's none of your business.

[macson]

there are people here asking for a loan every week   why is that? mnightwaffle

🥱 you can ask that to the lenders.

[examplens]

there are people here asking for a loan every week   why is that? mnightwaffle

I'm not sure what exactly you don't understand here. you as a default lending troll, who make half of your useless posts in the lending section, ask questions about what others are doing here. I'm pretty sure that you don't even know that there are other parts of this forum, you're only interested in the lending section because you somehow thought that free money is being distributed here.
You've already been told countless times that you won't get a loan here, and anyone with at least a little bit of personal integrity would give up asking for money here after that.

[ps34]

well i feel like this is a legit question i have  
as in  why does someone need a loan every week   nothing wrong with asking this question i feel

if none of my business fine just tell me this and i will move on  no problem

you can move this thread as it doesn't belong in lending section my mistake

[Timelord2067]

Please support the Flag that I have created against this user: https://bitcointalk.org/index.php?action=trust;flag=3102

[ps34]

lol timelord2067 what did i do wrong against you sir ? in order for you to hate me this much !!

i really can't understand that   i have never done anything wrong against ANYONE

  not a single thing     and yet  the way  you threath me is really ridiculous   i can't comprehend that

real sad tbh

[CoinageMint]

there are people here asking for a loan every week   why is that? mnightwaffle

Why is other peoples lives any of your business? If someone needs/wants a loan and can repay, then he has the right to ask for it. Same as if someone trusts him to repay it is their right to loan him. Either way it's none of your business.

Exactly, it is none of the OP’s business why someone wants a loan every week.
It may not be good for a lender to continue this with a customer unless they get collateral as “payday” type loans are typically rated as high risk

The payday lending business is huge, lots of people live payday to payday and if you are living like that all it takes is to get behind 1 or 2 weeks and you will need to take a high interest payday loan just to pay the rent, keep the lights on or food on the table.
The problem usually lies in that once you start with very high interest loans, you may need to take a few before you are back on your feet again, they are designed to trap people. At least the BTC payday type loans here are low interest compared to payday lending.

In most occasions it’s probably for gambling, but so what, you are not the lender so why care?

[ps34]

lending to gamble  is not high risk ?

if a lender knows he lends money so the guy can go gamble with this money ?  will he lend the money to this guy ? 


i only ask because i saw  mnightwaffle  ask for loan almost every week and i was curious as to why this was nothing more nothing less 

i'm not here to judge anyone   certainly  not   i only asked because of curiousity

[Timelord2067]

So instead of asking the person concerned you thought you'd ask around for any gossip?

[ps34]

i thought we were on a forum timelord and we are free to express ourself  and ask the question we feel we need to ask  or is this forbidden by timelord

because if this is the case sir please do tell me   as you have to have the power in this    or you think you have power over other people 

just like you told this guy who lends money  that  he will  take out his last big loan so he can cashout  and run away

strange observation if you ask me tbh

[CoinageMint]

mnightwaffle has been taking regular loans here for years now, as far as I know he has always repaid, so if I was a lender I would consider giving him small non collateral loans, but would request collateral for any amount of 0.01 BTC or greater, this is based on what I am willing to risk and what I can afford to risk. If someone else wants to give him 1btc as a non collateral loan big deal, that’s between them

And yes, lending a non reversible currency on an internet forum to a gambler is high risk, no matter which way you try to spin it.

I must say that in no way do I know if mnightwaffle is a gambler or not, he may just be like a great percentage of the population living payday to payday and can’t find a way out of the situation. He may even lack ID and this is his only possible way of getting a loan.

At the end of the day it comes back to the same question, what business is it of yours?
I know you are just asking out of curiosity but that information should remain private between the lender and borrower unless they both agree to share it, like in a public post

[CoinageMint]

Anyone needing a crypto loan should always request the amount in a stable coin, that way you will not be exposed to any sudden price spikes

[ps34]

yeah i really appreciate it  you trying to explain me this situation

i never wanted for waffle  to defend himself   why he would need to take weekly loans that's indeed none of my business   and if this could  be portrayed like that  i'm really sorry for that

now i know the reason as to why people sometimes need to take weekly loans and i have every respect  for the struggle that some people are in 

life is sure not easy 

for me this thread can be closed as i have my answer to my question thanks for everyone involved