[...] Isn't the collateral will be in deposit to the person who give the loan or escrow so the person who needs loan can't actually do anything with it ?
So searching to sell the collateral and also offer it for loan in same place its not something that can affect the person who give the loan or i am wrong?
Soon as the escrow or the person who give the loan takes the collateral, the person who needs loan can't do anything with it because its not in his position.
So i understand so far searching for the best way to earn fast money either ask for loan with valid collateral and in same place selling the collateral is something wrong.
I guess the person who needs loan searching for the fastest way to get this money either by loan with collateral or sell the collateral.
The only bad thing leaves here that the person who request the loan proves he's not even thinking to repay his loan consider he's also selling his collateral.
[...] how im going to sell something that i use as collateral ? iwas trying either to sell it or get loan by that moment so if i ahve sell it i cant use it as collateral and if i get a loan i cant sellits eassy as 1,2,3
The fact that someone even
tries to sell the asset that has been offered for collateral is reason enough for a lot of people to mistrust someone... for you two it isn't, OK. But for a lot of other people it is (whether you think it is "fair" or "logical" is irrelevant)... I hope you learned that lesson.