Quote from: Quickseller on October 05, 2014, 11:06:52 PM

So I figured that I will try to dip my feet into lending a little bit.

I am willing to offer collateral loans with no set limit as to how much I will be willing to lend. I generally will deny your loan if you are asking to borrow less then .01 BTC. I am willing to offer loans for one or two weeks however if you offer a high LTV ratio for your collateral then I may be willing to lend for a third week.

What I accept as collateral:

Altcoins with a stabile value - 120% of repayment amount
bitcointalk forum accounts* that are hero member or greater
Other digital goods that I deem to have value and are non-reversable (if you offer a digital good, more likely then not I will not accept it as collateral)

What I do not accept as collateral:

New altcoins that are not at least 4 months old
Any altcoin that is not traded on a major exchange
Most altcoins that trade for satashis (DOGE and NXT are exceptions to this rule)
Anything not on the above list

*if you offer your forum account as collateral, you must provide a signed message from a bitcon address posted at least 2 months ago on an unedited post. If you are unable to do this ~~then your account must be held by myself (or a trusted escrow) for 48 hours prior to the loan funding.~~ then I cannot lend to you. You must also agree that I can change (or can direct escrow to change) the signature and any contact information on the account.

I do accept escrow, however all TX fees and escrow fees^ must be paid by you

^most escrow providers do not charge anything however they do deserve to be paid so you must pay the greater of 0.01 BTC or 1% of the loan amount as a "tip" for their services, however if the interest paid is at least 0.07 BTC I will pay half of the escrow "tip" and if the interest paid is at least 0.10 BTC I will cover the "tip" myself (this is being done to discourage smaller loans). The "tip" will be paid out of the loan disbursement.I will cover all escrow fees provided the interest is sufficient to cover interest

To apply please use the following format:

Code:

[b]Amount Requested:[/b]
[b]Date repayment is to be made:[/b]
[b]Repayment Amount:[/b]
[b]Collateral:[/b]
[b]BTC address to fund the loan to:[/b]

Payments more then 24 hours late are due a late fee of 5%
If you are unable to pay on time then please contact me ASAP and we can try to work something out
If we have not made arrangements and the entire amount due has not been repaid after 5 days then the collateral will be forfeited.

Please no PM requests.

Amount Requested: 0.04
Date repayment is to be made: 1 week
Repayment Amount: 0.055
Collateral: none or my steam account with attached email
BTC address to fund the loan to: 1EcSa5JG4sewM76rmsifRAcw74cUa9MY4j
thanks for your time