Post
Topic
Board Lending
Re: 24hr loans | Max 0.1 BTC | 10% interest | Collateral for new and bad trust |
by
NoobKidOnTheBlock
on 01/01/2015, 22:38:30 UTC

Offering short-term loans (24hrs - 48hrs) with a max of 0.1 btc / loan. After a fully repaid loan we can discuss on slight bigger ones and slight longer repayment times if possibly needed. Interest rate of 8 - 15% offers taken.

For new members and users with bad trust collateral is a must. Old members with good trust and activity collateral not needed in all cases.

Escrow OK as long as he/she is a trusted escrow among the community.

All applied loans will go to the list below for the sake of publicity on the community and to see IF there happens to be scams among the trusted ones as well.

+ trust score for repaid ones and an automatic - trust score for defaulted if not contacted before the end of loan term.

Post loan applications down the thread. PM after a loan has been accepted.


Beware of collateral scams! Any collateral should be sent to a trusted third party.
I always hear about these trusted third party escrows but my question is how would you find one? I know that might sound pretty stupid but I'm kind of a Noob to this whole lending thing and have no problem with collateral if I was to ask for a loan but I was just curious if someone could shed some light on how to get a trusted third party for the escrow of the collateral?