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Author Topic: [OPEN] Upto 15BTC Loans - 5%  (Read 747 times)
billington.mark
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February 27, 2012, 10:55:05 AM
 #1

Hi Guys,

I'm going to start doing small loans, and slowly work up to larger loans once my reputation has been established.

To start with i'm offering loans up to 15BTC @ 5% interest for anything up to 7 days. In time I will increase the value available and loan duration.

Example:

5BTC Loaned, 5.25 Returned
10BTC Loaned, 10.5BTC Returned
15BTC Loaned, 15.75BTC Returned

You must be able to prove in some way that you have successfully paid back a loan in the past, or have been involved in some other transaction on the forum where it is obvious that you have sent the funds successfully.

Please reply to the post to apply

BTC - 1MarkBCmVn3yp1SB9RZZ7VfqJzkpV8Hmdo
BitMessage - BM-GtZkeAbmKGs77FEoigm9TmsQBSfvMB3N
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billington.mark
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February 27, 2012, 10:56:44 AM
 #2

Reserved for active loan details

BTC - 1MarkBCmVn3yp1SB9RZZ7VfqJzkpV8Hmdo
BitMessage - BM-GtZkeAbmKGs77FEoigm9TmsQBSfvMB3N
billington.mark
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March 02, 2012, 01:21:18 PM
 #3

bump... surprised i've not had any takers on this!

BTC - 1MarkBCmVn3yp1SB9RZZ7VfqJzkpV8Hmdo
BitMessage - BM-GtZkeAbmKGs77FEoigm9TmsQBSfvMB3N
PatrickHarnett
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March 02, 2012, 07:27:11 PM
 #4

Well, (my opinion you can ignore if you like)

5%/week (20%+/month) is higher than many other loans,
the short repayment might also be a problem for some people (it's ok for bridging transactions)
the size means it's hard to put towards something like a purchase (where people need 50+),
I wonder if the 5-10 coin market is also the target for scammers (I have three defaulted loans of this size)

There will be people who want what you are offering, just sometimes days seem like weeks in bitcoin land.
senbonzakura
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March 02, 2012, 10:10:02 PM
 #5

what patrick said....

i also offer loans in the same range as you, for no interest. so just beware , chances are those who take your loan might not pay back.
tgmarks
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March 07, 2012, 10:49:35 PM
 #6

I need a 10 btc loan, but am looking for more like 1% repaid in 7 days.  Can you work with me on the rate?

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