So you're conceding that you don't know what LTC is?
Nobody give this guy anything unless he coughs up 105% in alt-coin collateral. This one is close to the top of my "Fishy ****" chart.
Last night when I posted, it was extremely late at night here, I was very tired and just a tiny bit drunk. I'm in GOA, bitch!

Also, I'm relatively new on the digital currency scene.
Half way into my sleep and I was already wondering, oh, LTC as collateral, that's an option!
1. Enough alt-coin to cover the loan if you happened to not pay.
2. Send the loaner an item valued at the loan amount. If you don't want to do this, use an escrow agent.
3. Provide the loaner with documents that verify who you are that can be cross-referenced.
Can easily look more into point 3. As per the need and the lender profile, will look into point 1 and 2, I'm thinking.