Post
Topic
Board Lending
Re: Offering Loans [No Collateral]
by
moriartybitcoin
on 16/06/2015, 00:17:34 UTC
What kind of Collateral is needed, i am willing to do that but hey bro bank wont deny me loan with my transaction but am not really going for the huge amount that will take me to bank.

needed to clear up some goods and sell them off

collateral = something that the lender can sell for 120% (ish) in case you default. altcoins, precious metals, etc. is a valid collateral.

and don't compare us to bank. we don't have the time (or equipments or will) to track anyone that run away with the money.


Dude who is we? your a newbie just like me, so dont comment on my post next time...

You are given an advice dont take it wrong. All users need a valid collateral in asking for loans unless you are trusted enough