Thinking of offering loans... Anyone have suggestions?

[najzenmajsen]

I'm interested in offering loans, more as a social experiment than investment. I'm curious if anyone who has *successfully* lent coins (and been paid back) cares to share his/her method with the forum. Much appreciated.

1. Read the threads written by mods about lending activity.
2. Don't loan to newbie
3. Watch reputation and last post of people asking for loan
4. If password has been reset recently, ask for a signed message (account has maybe been hacked)
5. If you want to guarantee your loans, ask for a collateral you will be able to resell

Good luck. Full of scammers here

this guy pretty much summed it up.
IMO i dont think loaning is gonna be profitable unless you make sure to never get scammed.

[1713515125]

1713515125

[1713515125]

1713515125

[ronaldo40]

I'm interested in offering loans, more as a social experiment than investment. I'm curious if anyone who has *successfully* lent coins (and been paid back) cares to share his/her method with the forum. Much appreciated.

1. Read the threads written by mods about lending activity.
2. Don't loan to newbie
3. Watch reputation and last post of people asking for loan
4. If password has been reset recently, ask for a signed message (account has maybe been hacked)
5. If you want to guarantee your loans, ask for a collateral you will be able to resell

Good luck. Full of scammers here

this guy pretty much summed it up.
IMO i dont think loaning is gonna be profitable unless you make sure to never get scammed.

very favorable loan repayment system flowering

if you do not want to get a scammer, every person who borrows must be possessed positive trust a pretty good

[najzenmajsen]

I'm interested in offering loans, more as a social experiment than investment. I'm curious if anyone who has *successfully* lent coins (and been paid back) cares to share his/her method with the forum. Much appreciated.

1. Read the threads written by mods about lending activity.
2. Don't loan to newbie
3. Watch reputation and last post of people asking for loan
4. If password has been reset recently, ask for a signed message (account has maybe been hacked)
5. If you want to guarantee your loans, ask for a collateral you will be able to resell

Good luck. Full of scammers here

this guy pretty much summed it up.
IMO i dont think loaning is gonna be profitable unless you make sure to never get scammed.

very favorable loan repayment system flowering

if you do not want to get a scammer, every person who borrows must be possessed positive trust a pretty good

positive trust isent enough , there's alot of hacked accounts , and sold accounts.

[coinz19]

A believe this social experiment will vary in result from one country to the next. Each society has their own idiosyncrasies when it comes to paying off their debts. 

[btcminer021]

Fact of the Day #76: Did you know it's against the law to collect interest in Muslim countries?

[shorena]

Fact of the Day #76: Did you know it's against the law to collect interest in Muslim countries?

Yes and its followed here[1] and has been in the past[2]


[1] https://bitcointalk.org/index.php?topic=958575.0
[2] https://bitcointalk.org/index.php?topic=358172.msg3846225#msg3846225