The issue you have is that you have no trust here. There is no way you can ask us to trust you as a newbie when we have no security you are going to pay back. We are not saying you are a bad person, you just have no security here. This is not like a bank where you come in and furnish your id and pay stubs and get money then go on your way. We can not verify you and there is no trust. This is why we require collateral. No Collateral, no loan.
I understand that, but I'm sure that you can also understand that collateral isn't
required per sé. I know I have no trust but it's not like I want to farm trust to take out a 5 million dollar loan. All I need is this $2 loan which once I pay back will be finished and I'll most likely refrain from asking for a loan again.
How you benefit if you trust me: you get free money.
If something happens, you lose $2. If someone can't afford to lose $2, they shouldn't be loaning. But the thing is I am going to pay back. If I had collateral, I would have sold it for the $2 I need.