Post
Topic
Board Bitcoin Discussion
Re: Would You Ever Take Out a Loan in Bitcoin?
by
deluxeCITY
on 11/06/2015, 15:17:30 UTC
Hey Bitcoin Community! Essentially, I would like to know if you would ever consider taking out a loan in bitcoin? If you have previously taken out a loan, please share your experiences! What were the pros and cons, and what would you improve? Thanks  Smiley


Hey,

I have actually never thought about it to be honest but now you have said it, my thought experiment says yes I would get a bitcoin loan if I ever had the situation where I needed one. From what I have seen the loans for bitcoin are quite a lot less % to pay back than you everyday high percentage fiat rip off loans.