People are not lazy to understand nothing here. If they are providing collateral to secure the loan you will be giving, then there is no reason you should be taking 50% of the profits they are making. They are taking all the risks here, not you, so why should they pay you 50% of profits when they can simply pay someone else a monthly interest rate based on the funding they are seeking?? You might be funding the money, but you are taking no risk here other then your loan not being repaid, which you have security in the form of collateral to recover your losses.
Lets make it simple for all of you who are looking at this scam artists attempt to take 50% of your funding.I have opened new thread for interested lenders to borrow funds for lending. The interest rate will be set at 9% per month as long as you have to proper collateral to secure the funding.
Here is the thread link:
Knight & Day Commercial Loan ServiceStop advertising your own lending service here and calling me scammer when you dont have the brains to understand my proposal.
Sweet Moses, are people really this stupid?
You are a פּוטז
Lemme break it down again:
I have 0% risk with this method.
You have 0% risk with this method.
All risk is contained to the end-borrower.
I take 50% profit because it's my money you are using. Call it rental or partnership whatever. The point is that we both benefit.
!שָׁלוֹם
You are so wrong, it is you who does not understand much here.
You have 0% risk, because you have collateral backing it up.
The borrower from you takes all the risk, because the collateral could be bad, the price could drop or the collateral may just not sell for enough to cover the amount loaned out. If someone does a .1 BTC loan and the loan is not paid back, your borrower sells the collateral. What if the collateral only sells for .06 because of the market. That is a .04 loss. Are you saying that you are going to take 50% of that loss? Of coarse you are not. Your borrower is going to eat that loss. How are they going to eat that loss??? With the collateral you have is they do not pay it back. Also just FYI!! In the banking business, if you loan money and take collateral, the money is the property of the person who put up the collateral, so they are using
THEIR MONEY, NOT YOURS!!!!!!!