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Author Topic: Im looking to start lending here  (Read 353 times)
Collateralbank (OP)
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August 16, 2023, 07:32:52 PM
 #1

I see people need to borrow against their asset and specially now when prices are low it's better to borrow against asset then selling asset to get cash.

Im looking to start lending Im new but i want to start also i dream about to provide 24/7 service and who knows maybe i can provide this service as legit company

General terms for lending
You get loan 50% from the total Market value of your asset and  with monthly 10% intrsest. Your asset Will be taken from you If your intrests exeeds the borrowed ammount then you must add more asset or pay off some of your debt.
Loan ammount 100$  your Asset btc value 200$ so you pay 10$ monthly so your Asset Will be liqutated in 10 months not 10%x10=100$
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August 16, 2023, 07:48:28 PM
 #2

You get loan 50% from the total Market value of your asset and  with monthly 10% intrsest. Your asset Will be taken from you If your intrests exeeds the borrowed ammount then you must add more asset or pay off some of your debt.
Loan ammount 100$  your Asset btc value 200$ so you pay 10$ monthly so your Asset Will be liqutated in 10 months not 10%x10=100$
You will have to give clearer rules if you want to start a lending service to attract people to your service.

Have a clear rule on what currency you lend and what you accept as collateral.
Be clear on your interest rate per day and not monthly cause not every user will pay back the loan in a specified period of time.
Do not complicate the service, look into other successful lending services and adopt some of their processes.

- Jay -

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Collateralbank (OP)
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August 16, 2023, 08:26:43 PM
 #3

You get loan 50% from the total Market value of your asset and  with monthly 10% intrsest. Your asset Will be taken from you If your intrests exeeds the borrowed ammount then you must add more asset or pay off some of your debt.
Loan ammount 100$  your Asset btc value 200$ so you pay 10$ monthly so your Asset Will be liqutated in 10 months not 10%x10=100$
You will have to give clearer rules if you want to start a lending service to attract people to your service.

Have a clear rule on what currency you lend and what you accept as collateral.
Be clear on your interest rate per day and not monthly cause not every user will pay back the loan in a specified period of time.
Do not complicate the service, look into other successful lending services and adopt some of their processes.

- Jay -


Ok noted thx ! I'll make it more clear i really see that borrowing against assets are good financial action with right terms.
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August 17, 2023, 03:57:27 AM
 #4

Think about how dumb your offer is, You are newbie and completely unknown to this forum. You are asking borrower to provide collateral and lend only 50% of its value on different currency while you get 10% interest by just holding your customer 50% asset that remain on your hand.

You can use Exchange address to receive collateral then sell 50% of the collateral to give back to the borrower. You wre just doing the sell part which the borrower can’t do on their own. Nice business! will surely bloom.  Cheesy

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Collateralbank (OP)
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August 17, 2023, 09:28:26 AM
Last edit: August 17, 2023, 09:41:42 AM by Collateralbank
 #5

Think about how dumb your offer is, You are newbie and completely unknown to this forum. You are asking borrower to provide collateral and lend only 50% of its value on different currency while you get 10% interest by just holding your customer 50% asset that remain on your hand.

You can use Exchange address to receive collateral then sell 50% of the collateral to give back to the borrower. You wre just doing the sell part which the borrower can’t do on their own. Nice business! will surely bloom.  Cheesy



Loan terms / rules.
Collateral: btc/bnb/xlm/trx  - you get 50% USDT of the collateral Market value.
The daily intrsest: 0.2333%. Monthly 7% (  30 days )
Your asset Will be liqutated If your debt is over your collateral value in order to keep your collateral you need to pay off some of your debt.
The collateral value 100$ you get 50$ USDT  ( ALL USDT ONLY TRC20 TRON NETWORK )
Once your asset liqudated your debt is payed and intrests what you payed for holding the asset Will be payed back to you instantly.
Before your asset Will be liqutated you get notice by our team by e-mail on phone or other way you prefer.
The liqutation of asset, If 7% monthly intrest rate then you have nothing worry in 10 months 7x10= 70% your asset Will be liqudated once your intrest rate Will be reached to 100%.
If you want to get back your asset you need to pay the intrest + full ammount the value of asset and funds what you borrowed from us.
So If you borrowed 50$ against your 100$ asset in order to get immediately asset returned back to you then you need to pay 100$ + intrest how many days we have been holding the asset for you daily intrest 0.2333%.



It's a great way to get some cash without selling your asset.
alterra57
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August 17, 2023, 12:16:48 PM
 #6

I got 4000 USD in Bitcoin and would like to take a loan. What are the next steps for me?

Collateralbank (OP)
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August 17, 2023, 12:44:45 PM
 #7

I got 4000 USD in Bitcoin and would like to take a loan. What are the next steps for me?


Untfortunately maximum ammount for now is 1000$ of collateral so loan limit up to 500$ i hope in near future we have capability to provide higher limits we working on to get higher limits but now Im afraid can't do that.
For loan you need to contact by pm.
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August 17, 2023, 05:07:57 PM
 #8


Loan terms / rules.
Collateral: btc/bnb/xlm/trx  - you get 50% USDT of the collateral Market value.
The daily intrsest: 0.2333%. Monthly 7% (  30 days )
Your asset Will be liqutated If your debt is over your collateral value in order to keep your collateral you need to pay off some of your debt.
The collateral value 100$ you get 50$ USDT  ( ALL USDT ONLY TRC20 TRON NETWORK )
Once your asset liqudated your debt is payed and intrests what you payed for holding the asset Will be payed back to you instantly.
Before your asset Will be liqutated you get notice by our team by e-mail on phone or other way you prefer.
The liqutation of asset, If 7% monthly intrest rate then you have nothing worry in 10 months 7x10= 70% your asset Will be liqudated once your intrest rate Will be reached to 100%.
If you want to get back your asset you need to pay the intrest + full ammount the value of asset and funds what you borrowed from us.
So If you borrowed 50$ against your 100$ asset in order to get immediately asset returned back to you then you need to pay 100$ + intrest how many days we have been holding the asset for you daily intrest 0.2333%.

All of this, don't have any meaning (at least, at this point). Why? Because you are a newbie without any deal, trade, or history in general here. Without an established escrow of the forum (or maybe someone with enough trust in the community regarding trades), nobody will send you anything. You can't be trusted as a newbie, simple as that.

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Collateralbank (OP)
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August 17, 2023, 05:35:20 PM
 #9


Loan terms / rules.
Collateral: btc/bnb/xlm/trx  - you get 50% USDT of the collateral Market value.
The daily intrsest: 0.2333%. Monthly 7% (  30 days )
Your asset Will be liqutated If your debt is over your collateral value in order to keep your collateral you need to pay off some of your debt.
The collateral value 100$ you get 50$ USDT  ( ALL USDT ONLY TRC20 TRON NETWORK )
Once your asset liqudated your debt is payed and intrests what you payed for holding the asset Will be payed back to you instantly.
Before your asset Will be liqutated you get notice by our team by e-mail on phone or other way you prefer.
The liqutation of asset, If 7% monthly intrest rate then you have nothing worry in 10 months 7x10= 70% your asset Will be liqudated once your intrest rate Will be reached to 100%.
If you want to get back your asset you need to pay the intrest + full ammount the value of asset and funds what you borrowed from us.
So If you borrowed 50$ against your 100$ asset in order to get immediately asset returned back to you then you need to pay 100$ + intrest how many days we have been holding the asset for you daily intrest 0.2333%.

All of this, don't have any meaning (at least, at this point). Why? Because you are a newbie without any deal, trade, or history in general here. Without an established escrow of the forum (or maybe someone with enough trust in the community regarding trades), nobody will send you anything. You can't be trusted as a newbie, simple as that.


Sure , i agree with escrow Im serious and ready to do what ever it takes.
Dr.Bitcoin_Strange
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August 17, 2023, 05:41:46 PM
 #10



Im looking to start lending Im new but i want to start also i dream about to provide 24/7 service and who knows maybe i can provide this service as legit company

Speaking of being new here, I don't think there's any specific rank that a member is required to earn before they can start a lending service. Just make sure you familiarise yourself with the rules and guidelines of lending that are posted on this board. You can also visit the threads of other successful lenders on the forum to see how things are done. Then you can make your own rules.

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Collateralbank (OP)
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August 17, 2023, 06:07:19 PM
 #11



Im looking to start lending Im new but i want to start also i dream about to provide 24/7 service and who knows maybe i can provide this service as legit company

Speaking of being new here, I don't think there's any specific rank that a member is required to earn before they can start a lending service. Just make sure you familiarise yourself with the rules and guidelines of lending that are posted on this board. You can also visit the threads of other successful lenders on the forum to see how things are done. Then you can make your own rules.

I think im one of the few lenders here who's ready to share with lenders my name and location.
And Im ready to talk with my clients on the phone so to build solid relationship it's all beneficial for both sides and people need someone who they can trust.
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August 17, 2023, 06:31:02 PM
 #12

I think im one of the few lenders here who's ready to share with lenders my name and location.
And Im ready to talk with my clients on the phone so to build solid relationship it's all beneficial for both sides and people need someone who they can trust.

Talking on the phone will assure him that you won't sell his collateral and that you are trusted? No.
Again. Find an escrow that will accept you and then you can start offering your service.

P.S.: You are one or many? Because in your previous post, you were a team and now you are one... Huh Roll Eyes (That's a red flag)

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Collateralbank (OP)
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August 17, 2023, 06:57:53 PM
Last edit: August 17, 2023, 07:10:46 PM by Collateralbank
 #13

I think im one of the few lenders here who's ready to share with lenders my name and location.
And Im ready to talk with my clients on the phone so to build solid relationship it's all beneficial for both sides and people need someone who they can trust.

Talking on the phone will assure him that you won't sell his collateral and that you are trusted? No.
Again. Find an escrow that will accept you and then you can start offering your service.

P.S.: You are one or many? Because in your previous post, you were a team and now you are one... Huh Roll Eyes (That's a red flag)

I see you have strong voice here and what ever you say about me members here will count on that.
Right,i see you are kinda scam police here it's good keep up good work !!

As this is new service and i want it to be smooth process as possible then please give us to prepare little more so we might have some delays but we will reply for sure.
Also bear mind that you need to provide "txt"blockchain url where you will be sending your collateral first need to do some little investigation to make sure that coins or wallet not associated with any dark activity.

My loan service will be different then many others i want to make it look like more like you dealing with bank.

If you have questions please feel Free to ask Im more then happy to assist you.
Let's make this number one crypto lending PROJECT, thanks all Smiley
noorman0
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August 17, 2023, 11:52:54 PM
 #14

-snip-
Also bear mind that you need to provide "txt"blockchain url where you will be sending your collateral first need to do some little investigation to make sure that coins or wallet not associated with any dark activity.
You mean the borrower has to expose the address where he keeps his potential collateral? Did you work alone on this? Rarely do lenders also act like financial auditors.

-snip-
My loan service will be different then many others i want to make it look like more like you dealing with bank.
If so, the borrower had better go to the bank. Your customer dos not have legal protection like a bank, nor does the loan policy that you make have no legal basis.

This space for rent.
Available in mid January 2024 - PM me
Collateralbank (OP)
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August 18, 2023, 09:11:21 AM
 #15

-snip-
Also bear mind that you need to provide "txt"blockchain url where you will be sending your collateral first need to do some little investigation to make sure that coins or wallet not associated with any dark activity.
You mean the borrower has to expose the address where he keeps his potential collateral? Did you work alone on this? Rarely do lenders also act like financial auditors.

-snip-
My loan service will be different then many others i want to make it look like more like you dealing with bank.
If so, the borrower had better go to the bank. Your customer dos not have legal protection like a bank, nor does the loan policy that you make have no legal basis.


Can't take coins related with suspicous activity it's not easy to track If coins are clean but by looking over "txt" url and previous transaction history it's possible to get some idea.
If you do take coins from not legit sources the FBI might knock your door and Im not interested to get in any trouble.

I think that there is need to implement some kind of insurance kind of system when client pays some insurance to lower risk for both sides and make the things how they should be in the western world sociey when we have insurance.
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August 18, 2023, 09:30:44 AM
 #16

How can we trust on you that after sending collateral you will give us loan and will not scam? This offer is looking very suspicious because you will pay from our fund. If someone has already bnb/btc and other token you mentioned then why not one sell half tokens to fulfill need and then buy again. This will posses no risk while in your case one have to give fund to you and then give 50% loan from own fund. This is something funny business i am seeing first time and i hope no one will be interested in doing so.

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August 18, 2023, 09:54:58 AM
 #17

Consider the lack of prudence in your proposal. You, a newcomer to this forum, are requesting borrowers to provide collateral. Yet, you're only offering 50% of its value in a different currency, all while gaining a 10% interest by merely holding onto half of your customer's asset.

By employing an Exchange address, you're able to obtain collateral, subsequently selling half of it to reimburse the borrower. Essentially, you're handling the selling aspect that the borrower cannot manage independently. Your venture appears opportunistic and has potential for growth, though it comes across as rather gimmicky. Roll Eyeshttps://proracketreviews.com/
Collateralbank (OP)
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August 18, 2023, 01:22:37 PM
Last edit: August 18, 2023, 01:48:37 PM by Collateralbank
 #18

Consider the lack of prudence in your proposal. You, a newcomer to this forum, are requesting borrowers to provide collateral. Yet, you're only offering 50% of its value in a different currency, all while gaining a 10% interest by merely holding onto half of your customer's asset.

By employing an Exchange address, you're able to obtain collateral, subsequently selling half of it to reimburse the borrower. Essentially, you're handling the selling aspect that the borrower cannot manage independently. Your venture appears opportunistic and has potential for growth, though it comes across as rather gimmicky. Roll Eyeshttps://proracketreviews.com/

There is no lock up time period you can get your collateral back at any time If you pay back principal the intrest + collateral value with USDT

The 50% Will insure against collateral in case the price of asset fluctuates the 50% loan against collateral is healthy and normal %
The insurance funds : it can be collected by this forum some trusted member.
This type of loan is more for instutions not for retail but If we give same tools to retail then retail can make the same kind of profit as instutions does it.
We all are one big team we move capital inside the circle that's beneficial for all of us less we let our capital to go outside of team the circle then less benefits we all get so even on the money market the banks lend to each other funds and when there is call for loan then the same banks and instutions always show's up so funds are in the same circle.

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August 18, 2023, 01:50:39 PM
 #19

Still talking to yourself with sockpuppets and AI generated word salads, I see.

Fucking pathetic.  Roll Eyes

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August 18, 2023, 06:40:58 PM
 #20

I think im one of the few lenders here who's ready to share with lenders my name and location.
And Im ready to talk with my clients on the phone so to build solid relationship it's all beneficial for both sides and people need someone who they can trust.

You might not really have the previlage to speak with every of your clients because there are different kinds of people from different countries around the world on this forum and you might not really know who you are dealing with or the country they come from because you are not going to be interviewing them and asking to know where they come from before you can grant them loan, most of them will not also give their phone number to you even if you request it, instead, they can request the loan from another user. just go with the advice from  condoras

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