People keep pretending to be banks and asking for things like collateral or credit score, but they don't have the means to provide a legal document that both parties can sign to make such loans possible.
Also, why are loans so small and short. Are lenders poor here? Or are they just being paranoid?
Are they not aware that the longer and the larger the loan amount, the higher the return on investment?
I mean like what do you expect me to do with a 1 BTC loan? Also why would you put a percentage on top of a 1 BTC loan if it's only been 3-8 hours? With a regular bank, you can actually just give the money back because very little time has passed and no interest has incurred yet.
I have posted into Lanternblue's request thread and received a pm as well asking for loan requirements. It is pretty simple I'm not going to extend credit on something that doesn't exist. However, this post is worth responding to.
I can and have provided legal documents for some people to execute. I don't pretend to be a "bank", and to avoid simple theft it is sensible to find out some basic things about someone asking for money.
Loans are short because the interest rates (to cover risk of default) makes long term loans prohibitively expensive.
They are also small because for many people getting into bitcoins, 5BTC is a fortune, and lenders don't like plopping 500 coins down on an unknown person.
Personally, I don't expect someone to do anything with a one day, 1BTC loan.
I would also observe that coming into the lending section and swearing at everyone is not a good tactic. Jcole tried that, as have several others.