Just curious, do you offer Litecoin based loans?
I do not exclude such possibility, but at this time I do not have LTC at my disposal.
Thanks for the response, I mine / mainly transact in LTC and was curious.
Do you ever do Bitcoin based loans and accept another currency such as LTC as repayment?
If I was applying for a small loan of say 0.01 BTC, would you pay the tx fee to ensure that I would receive 0.01 BTC or is this at my expense?
Also when you receive the payment back + interest (lets say in this case I was to pay back 0.013) I must send this to you so you receive the full 0.013 and I would pay the tx fee?
I will probably apply for a collateral backed loan next week so just wondering these particulars. Thank you for your time and sorry If I have missed this information somewhere -relatively new to the forums
good question, usual tx fee paying sender (except when sending back collateral, in this case tx fee deducted from amount), but when the amount of lending is small, keeping in mind this day transaction cost, borrower must pay all the extra costs.