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ranochigo's mini loansI am currently offering no collateral mini loans to Full Members+
Terms- Must at least be Full members to request a No-collateral loan
- Do not request a loan if your activity is less than 20
- Loans that have collateral would have a higher chance of getting accepted
- Loan will be accepted if you meet my requirements which will not be disclosed.
- All collateral should be held by a secure third party whom we both agree on
- When requesting a loan with no collateral, justification will be required
- I reserve the rights to deny anyone's loan request without specifying reasons.
- If you are trusted among the community, a no interest loan will be granted
- Basic interest are 1% for highly trusted/collateral and up to 6% for risky loans. [Per 24hours]
- If you are late for 1 day, 2% interest fees will be counted for 2 weeks. If there is no communications between me and the lender, the loan will be marked as default and collateral will be sold.
- Requests via PMs will be ignored
Collateral accepted: Full Member+ accounts*, 120% of stable alt-coins (Litecoin preferred)**
*You will be requested to sign a message using an aged address associated with the account.
**If the alt-coin falls below 110%, I will PM you and you are expected to respond to me within 48 hours and decide what to do next.(Add more coins or sell it)
Please request a loan in the following format
[b]Amount required [IN BTC]:[/b]
[b]Reason:[/b]
[b]Interest rate:[/b]
[b]Time frame:[/b]
[b]Collateral [If applicable]:[/b]
[b]Address:[/b]
