is my account activity too shitty to start offering loans?

[yahoo62278]

i was thinking of starting to offer micro loans to gain me a little interest and to help others out in need here and there. the question is is my rep/account too new to do this?

[Magic8Ball]

Anybody can give out loans. For accounts with not enough trust it is recommended to use escrow to hold collateral.

[yahoo62278]

being as its micro loans theres not much colaterral to ask for though correct?

[Magic8Ball]

being as its micro loans theres not much colaterral to ask for though correct?

You will still get ripped off for micro loans if you are not careful. Asking for collaterals is your decision.
If you are offering collateral free loans, you are taking the risk so there is no reason for anybody to not seek the loan from you.

[ligeros]

for me your activity and trust seem to be ok
just use well known escrow to hold collateral (not yourself) and be careful

[meghan]

I may start one soon , But noaccount is shittywhen you are on the loosing side.

[puzzel.me]

Anybody can loan on this forum. I have even seen newbies doing this.
Although please escrow for collaterals.

[damiano]

being as its micro loans theres not much colaterral to ask for though correct?

You will still get ripped off for micro loans if you are not careful. Asking for collaterals is your decision.
If you are offering collateral free loans, you are taking the risk so there is no reason for anybody to not seek the loan from you.

OP needs to keep in mind that accounts with green trust are also for sale and could be used in here without anyone really knowing that. 

I would only do collateral and escrow at this point

[yahoo62278]

being as its micro loans theres not much colaterral to ask for though correct?

You will still get ripped off for micro loans if you are not careful. Asking for collaterals is your decision.
If you are offering collateral free loans, you are taking the risk so there is no reason for anybody to not seek the loan from you.

OP needs to keep in mind that accounts with green trust are also for sale and could be used in here without anyone really knowing that. 

I would only do collateral and escrow at this point

yea thx for the advice. i noticed a few other threads mentioning high ranked acct were sold

[syahrere]

being as its micro loans theres not much colaterral to ask for though correct?

You will still get ripped off for micro loans if you are not careful. Asking for collaterals is your decision.
If you are offering collateral free loans, you are taking the risk so there is no reason for anybody to not seek the loan from you.

OP needs to keep in mind that accounts with green trust are also for sale and could be used in here without anyone really knowing that. 

I would only do collateral and escrow at this point

yea thx for the advice. i noticed a few other threads mentioning high ranked acct were sold

good luck bro

[KingOfSports]

If someone says you are too new to hold their collateral just have an escrow hold onto it for the duration of the loan. Anyone can be a lender.

[yahoo62278]

If someone says you are too new to hold their collateral just have an escrow hold onto it for the duration of the loan. Anyone can be a lender.

noone has personally told me im too new to loan or anything. i just saw a guy get neg repped bigtime who was fairly new. i just didnt want same shit happening to me since i have not done 1 bad deal