Post
Topic
Board Lending
Re: Offering Loans [No Collateral]
by
Quickseller
on 06/04/2016, 07:30:01 UTC
will you give interest free loans also? I found a Samsung Mobile in Good section, want to buy that. I have 0.1btc. but mobile price is 0.15 btc..
want to get some loan but interest free  Grin Grin Grin
Why would he consider giving out an interest free loan? Regardless of collateral being offered, there is a non-zero chance of loosing money from a loan, and the interest received is to compensate him for this risk, plus some amount for profits.