Quote from: Pugsly on March 02, 2015, 10:40:49 AM

Quote from: XinXan on February 27, 2015, 08:36:55 PM

I never understood how would anyone use an altcoin for collateral, i mean if you want 1 btc loan but you have like 100 ltc, why not sell the ltc yourself instead of asking for the loan?

I've never really understood that either. Using money to get a loan of other money seems pointless. I think most people who take out loans here do so just for the feedback though so that's one reason. Using your account as collateral seems like a better option though sometimes people need the accounts to actually earn the money back.

Well i think 80% of people here that ask for loans are either scammers or not serious people. Ive seen a lot asking for loans to gamble, like wtf is that. When you ask for a loan in real life is to do something of value with it not gamble...