Post
Topic
Board Lending
Re: lihuajkl offering loan [collateral optional]
by
lihuajkl
on 20/01/2015, 08:27:52 UTC
I have an idea for a loan, not sure if you are interested. Currently 2.4 btc portion is open here:

https://bitcointalk.org/index.php?topic=919706.msg10104540#msg10104540

Loan amount: any amount you find appropriate up to 2.4 btc if you can.

Term length: roughly 5 months (150 days exact GMT)

Interest: 6% every 30 days paid out individually, for total of 30% interest + principle after 150 days is complete.

We are free to negotiate the terms of the deal and if you require a collateral or not with my history of loaning and trading + sr.member status.

Thank you for your time.
We have agreement through PM as follow:
Loan offered for 40% interest rate, with payment of 8% every 30 days from the day Honeypot receive the funds to his btc address, GMT, up to 150 days. At the 150 day mark, Honeypot repay the last interest amount and the principle itself.

Every 30 days, Honeypot send 0.136 BTC to me. I will confirm via PM and publicly on this thread the receipt of the interest.

Finaly repayment: 2.38 btc total = 1.7 btc principle + 0.638 btc (8% * 5) interest  

We ask Maidak to hold the 30 million noblecoin as collateral. No liquidation of any kind, just holding the collateral only to be dispensed if the interests or the principle are not paid back on time.