I do look at that title below your name, but will not decide based on it.MicroloansNo-collateral microloans vary from 0.001
BTC all the way to 0.05
BTC. I do not loan more than this without collateral.
CollateralAcceptable collateral is anything that I can sell that you can't get back. Basically, no Minecraft accounts, domains, or anything like that. Collateral would be altcoins, physical collateral such as hardware or valuables, or other virtual goods.
Meep meep. You can also use Bitcointalk Member accounts and up as collateral. Their collateral values are below.
Member:
BTC0.015
Full Member:
BTC0.04
Sr. Member:
BTC0.06
Hero Member:
BTC0.1
I'll trust you if you're a legendary on 99% of occasions.
PayPal money is not collateral. PayPal is reversible. "But I won't chargeback!! Honest!!!" Sure. Get a loan from a bank.
If you can provide collateral in
a BitcoinTalk.org account, Clam, Litecoin, or Dogecoin your loan has a much higher chance of getting accepted.
No CollateralNo collateral loans are restricted to very small amounts which vary on the specific loaner as well as cause and repayment rate. I'm not greedy - I won't fall for your 10% profit in one day nonsense. Attempt to scam me and you will suffer the consequences.
Generally speaking, no-collateral loans are only given out to Full Member+.
Jr. Members and below will not be granted no-collateral loans, some exceptions, but for the most part, that's the rule.
Loan Process1) You post in this thread:
Amount loaning:
Bitcoin address:
Reason:
Repayment date and interest (minimum 1%/day):
Collateral (optional, recommended):
2) I will check out your request and within 24 hours post either
Accepted or
Denied. You will also receive a PM notifying you of the decision.
3) If your loan is
Accepted, the loan will be sent to your address once you send collateral (optional) and I will post a repayment address and amount owed.
4 Upon repayment, your collateral will be returned to you and positive feedback left on your profile.
Loan Terms- You may not default on your loan. Doing so will earn you negative feedback in your trust.
- Late repayment comes with an interest fee of 3% per day.
- My word is law. If I say no, it's no. If I say yes, don't keep asking.
- This thread is a self-moderated thread. If you think I've scammed you, please post in Scam Accusations. (I won't, though.)
- By taking a loan you agree to all these terms.
- These terms and all other conditions are subject to change at any time. I reserve the right to modify, amend, or append anything from or to these terms.
Accounting (Past Loanees)Accepted: 7/22
Denied: 15/22Sickler - 0.01 BTC - Repay by end of September 2014 with 1.5% interest Repaid in an hour or less, 10% interest.
Sickler - 0.02 BTC - Repay by 19th 21st September 2014 with 8% interest Repaid early
sangwan1212 - 0.01 BTC - Repay by 30th November 2014 with 20% interest Repaid early
yenzae0215 - 0.005 BTC - Repay by 9th December 2014 LATEST with 2% interest Repaid very earlyrexxarofmoknathal - 0.015 BTC - Repay 0.015 BTC + 5% by 22nd February 2015 Repaid
christycalhoun - 0.017 BTC - Repay 0.02 BTC by 18th February 2015 Defaulted; account seized Repaid
latechristycalhoun - 0.017 BTC - Repay 0.02 BTC by 4th March 2015 Repaid, late.
Melds - 0.05 BTC - Repay 0.055 BTC by agreed date Defaulted, account seized
More InformationMaximum loan --- 0.5
BTCMinimum loan --- 0.0025
BTC (below this: fees make it not worth lending)
Post/ask away if you have more questions.