Post
Topic
Board Lending
Re: Loan request , 1.3 BTC
by
Lone Shark
on 24/02/2017, 16:27:00 UTC
1 I'll ship it directly to your address requested
2. It will most likely be next day air, so we will 100% wait untill you confirm it's delivered or UPS site
3. I don't want to sell it, That's the whole reason I'm requesting a loan instead. Also need it in BTC

Most likely you'll have a problem to ship it, especially most people are not within your neighborhood. If you can ship it to the Philippines, I'll lend you 1btc for it.

Pawning is not the same as selling. Pawning means giving it as collateral for a loan. Same as what you are doing here. You can always just go to your local pawnshop to pawn your gadgets. That's quite easier than this.

I get that, I'm willing to ship it to anyone in the Us. I'm not 100% sure about overseas.
Also I understand what pawning is, but I don't want to get ripped off completely and it will just cost me even more to convert what they give me into BTC. Never pawned an item either and don't have the slighest clue on how long the process is, or what the requirements are

That's that problem with having physical items as collateral. Well, good luck finding a lender though.