Post
Topic
Board Economics
Re: Loans too risky?
by
Yanisumin
on 04/07/2017, 10:19:06 UTC
I don't think that loans is too risky, but i think this would be depends in loaner and the one that would filled the loan. First they should estimate or check the loaner if its safe to filled their loan, then in that way your money is always safe and for as safe also they should not load without valid collateral

i think loans is too risky especially if we don't have any income for weekly or monthly because how we can payback that loans if we don't have money? if our loan is to make new business, then we should thinking about how we are gonna pay the loans, beside that we should thinking how long we want to borrow.

In loans you can invest money that is not a pity to lose. But for me it's very risky, it's better to buy other coins.

The risky part is that what if the people who loaned betrayed you, and they run with your money. Without proper terms and legit papers for settlements and conditions it is very risky business and I don't like it when people don't have something to pay for you. I just don't like the feeling.

there is no doubt about this that loans are too risky, because no one know know that what is going to happen to the price of bitcon either its price will increase or decrease,  And by granting a large loan must take a pledge that exceeds the cost of the loan. And still need to do everything right from a legal point of view, to conclude an agreement
Its not risky if the borrower will provide you a god collateral you must check what collateral he is offering it can be risky if the collateral is altcoin because there are possibilities the price will dump.

It is not risky only in the case of a reliable collateral that does not depreciate over time.

Only banks and legit business about loans have that conditions so if you're just starting loaning business your own and without legal license. People might take advantage of you.