DireWolfM14's Crypto Lending Service

DireWolfM14's Crypto Lending Service

Please read the Terms of Service before requesting a loan.

Table of Contents

Available Currency
Interest Rates
- Secured Loans
- Unecured Loans
Application
- Sample Application
Repayment Addresses
Terms of Service
Signatures
Resources
Lending Activities Log

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Available Currency:

Coin	\|\| Budget	\|\| Limit - Secured	\|\| Limit - Unsecured
Bitcoin	\|\| 1 BTC	\|\| 0.5 BTC	\|\| 0.1 BTC
Ethereum	\|\| 6 ETH	\|\| 4 ETH	\|\| 2 ETH

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Secured Loan Interest Rates:
Loans secured by valid collateral qualify for these rates:

Loan.Duration....	\|\| Percentage Rate
Up to 7 days	\|\| 0.75% fixed
8 days and over	\|\| 0.10% per day

Long-Term loans (over 180 days) with lower annual percentage rates are available.
Loyalty programs with lower interest rates are available for repeat clients.
Interest rates may change without notice.

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Unsecured Loan Interest Rates:
Loans not secured by valid collateral qualify for these rates:

Loan.Duration....	\|\| Percentage Rate
Up to 7 days	\|\| 1.7% fixed
8 days and over	\|\| 0.234% per day

Loyalty programs with lower interest rates are available for repeat clients.
Interest rates may change without notice.

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Application:
To apply for a loan please fill out the following form, sign it with a staked address, and post it in this thread.

Code:

Username:
Loan Amount:
Purpose:
Collateral:
Repayment date:
Repayment Amount:
Funding Address:

.
Sample Application:

Quote from: DireWolfM14 on April 16, 2019, 06:18:45 PM

Application has been signed with an address that was staked here.

Code:

-----BEGIN BITCOIN SIGNED MESSAGE-----
Username: DireWolfM14
Loan Amount: 0.1 BTC
Purpose: Trading
Collateral: None
Repayment date: 23 APR 2019
Repayment Amount: 0.1035 BTC
Funding Address: bc1q2nwf4njwkpeuyycx5a95nj6mf8m45djdk863xs
-----BEGIN SIGNATURE-----
157v67atJjnx7Fdi2wmcBBpChugHNmDWup
IEYQbo8AJynG6hoQqD14aefWHMGVP1ukUM0xX+wFyOlyYXgVd1jQY5hGK8ltt1qG+lfCymKcW3ms6PKpL8OMTxE=
-----END BITCOIN SIGNED MESSAGE-----

.
Repayment Addresses:
Bitcoin: 348XXjbpXwg37JYd8knLnHRSMajLbteSbJ
Ethereum: 0x78B03f6F5848E4a473BDf8eE81e3f20870Ac70A8

A unique repayment address will be provided upon request.
Alternate repayment addresses must be signed by me using my staked bitcoin address or PGP key.

.
Terms of Service:

Addendum to TOS:
Additional terms of service (subject to change.)

GRIN will be considered as valid collateral regardless of it's exchange listing status.

Full Terms of Service:
Definition of terms:

Person requesting a loan: hereby known as Borrower or The Borrower.
DireWolfM14: hereby know as Lender or The Lender.
Third party Escrow Agent: hereby known as Escrow Agent.
Secured Loan: A loan secured with Valid Collateral valued at a minimum of 120% of the requested loan amount.
Unsecured Loan: A loan not secured by Valid Collateral.

Terms of Service:

1.0) Loan Type:
1.1) Secured Loans:
1.1.1) Secured loans require valid collateral valued at a minimum 120% of the loan amount.
1.1.2) See section 2.0 for qualifications of collateral.
1.2) Unsecured Loans:
1.2.1) Unsecured loans do not require collateral, but offering collateral that does not qualify for secured loans may increase chances for approval.
1.2.2) Acceptance of unsecured loan requests is subject solely to the discretion of The Lender.
1.2.2.1) Acceptance criteria for unsecured loans will not be publicly disclosed.
1.2.3) Unsecured Loan requests are reserved for members that meet all the following criteria:
1.2.3.1) Full Member rank or above,
1.2.3.2) And have earned a minimum of 50 merits,
1.2.3.3) And have earned a minimum of 10 merits within the last 120 days.
1.2.4) Meeting the criteria to apply for an unsecured loan does not guarantee approval.

2.0) Collateral:
2.1) Valid Collateral is subject to the discretion of The Lender.
2.2) Types of collateral:
2.2.1) Cryptocurrency:
2.2.1.1) The value of the cryptocurrency used as collateral must be at minimum 120% of the requested loan amount.
2.2.1.1.1) If, at any time during the duration of the loan the value of the cryptocurrency used as collateral falls below 120% of the loan amount, The Borrower agrees to the following:
2.2.1.1.1.1) The Borrower must add collateral of sufficient value within 48 hours.
2.2.1.1.1.1.1) If The Borrower does not replenish the value of collateral within the allotted time, and the value of the collateral falls below 110% of the loan amount The Borrower grants The Lender authority to sell the collateral.
2.2.1.2) To qualify as collateral for a secured loan cryptocurrency must be listed and traded on a minimum of one (1) of the following exchange(s):
2.2.1.2.1) CoinBase
2.2.1.2.2) Binance
2.2.1.3) Cryptocurrencies not listed and traded on one of the above exchange(s) will not be considered as valid collateral for a secured loan, but may be considered as additional security for an unsecured loan.
2.2.1.4) Cryptocurrency used as collateral will be stored by The Lender on a hardware wallet (when possible) with a secure back-up.
2.2.1.4.1) In the event collateral cannot be stored on a hardware wallet The Borrower will be given the following options:
2.2.1.4.1.1) The Lender shall store the collateral in a secure, encrypted desktop wallet, or
2.2.1.4.1.2) The Lender shall store the collateral in an exchange account secured with a strong unique password and 2FA.
2.2.1.5) Cryptocurrency used as collateral may be held by an Escrow Agent.
2.2.1.5.1) The Escrow Agent must be approved by The Lender.
2.2.1.5.1.1) Approval of the Escrow Agent is subject solely to the discretion of The Lender.
2.2.1.5.1.2) The Lender reserves the right to reject an Escrow Agent for any reason without explanation.
2.2.1.5.2) Escrow fees are at the expense of The Borrower.
2.2.1.6) Upon successful repayment of the loan the collateral will be returned to The Borrower as quickly as possible.
2.2.1.6.1) Transaction fees for the return of collateral are at the expense of The Borrower.
2.2.2) Physical goods:
2.2.2.1) To qualify as collateral for secured loans physical goods must be easily sold for a minimum of 120% of the loan amount.
2.2.2.1.1) Physical goods accepted as collateral:
2.2.2.1.1.1) Precious Metals (i.e. gold, silver, platinum)
2.2.2.1.1.2) New computer hardware (i.e. GPUs, ASICs)
2.2.2.1.1.3) MREs
2.2.2.2) Physical goods held as collateral must be delivered to The Lender at The Borrower's expense.
2.2.2.3) Upon repayment of the loan, collateral will be returned to The Borrower at The Borrower's expense.
2.2.2.4) Acceptance of Physical Goods as collateral is subject solely to the discretion of The Lender.
2.3) Digital assets other than cryptocurrency (such as forum or social media accounts, domain names, websites, gaming credits, YouTube channels) are not accepted as collateral.
2.4) The Lender will not accept, nor assume control of forum accounts or social media accounts in lieu of collateral or repayment of a loan.
2.5) The security of The Borrower's collateral will be assumed by The Lender only if The Lender is directly and solely in control of the collateral.
2.5.1) The security of The Borrower's collateral applies only to the prevention of theft or loss of the collateral.
2.5.1.1) The Lender will not assume any responsibility for the devaluation of the collateral due to market fluctuations or events outside The Lender's control.
2.5.1.2) In the even The Lender is in control of The Borrower's collateral The Lender will assume full responsibility for the security of the collateral.
2.5.1.3) In the even an Escrow Agent is in control of The Borrower's collateral The Lender will not be held responsible for the security of the collateral.

3.0) Repayment of loan:
3.1) Repayment addresses:
3.1.1) Bitcoin: 348XXjbpXwg37JYd8knLnHRSMajLbteSbJ
3.1.2) Ethereum: 0x78B03f6F5848E4a473BDf8eE81e3f20870Ac70A8
3.1.3) Upon request a unique repayment address shall be provided.
3.1.3.1) Alternate repayment addresses must be signed by The Lender using a staked BTC address or PGP key.
3.2) Loans must be repaid no later than 23:59 Pacific Standard Time on the date designated as the repayment date.
3.2.1) Loans not repaid by the designated time are subject to an additional fees.
3.2.2) Loans not repaid within 72 hours of repayment date will be deemed in default.
3.2.2.1) By allowing a loan to default, The Borrower grants The Lender complete and undisputed ownership of the collateral.

4.0) Acceptance criteria:
4.1) Acceptance or rejection of the loan request is subject solely to the discretion of The Lender.
4.2) The Lender reserves the right to deny loan requests to anyone, for any reason or no reason, without explanation.

5.0) Disclaimers:
5.1) Terms of service at the time of loan request shall be considered a contractual agreement.
5.2) Terms of service may change at any time without notice.

6.0) Feedback, Reviews, and Trust:
6.1) Successfully completed loans may or may not result in a neutral review left on The Borrower's trust wall.
6.1.1) The Lender is not obligated to leave a review or any feedback for successfully completed loans.
6.1.2) Defaulted loans will be reported by leaving a negative review for on The Borrower's trust wall.
6.2) Users approved for an unsecured loan will have a neutral review posted on their trust wall for the duration of the loan.

7.0) Application:
7.1) Applications must be signed with a staked bitcoin address.

8.0) Acknowledgement:
8.1) By requesting a loan you, The Borrower, acknowledge your acceptance of these terms.

.
Signatures:

Code:

-----BEGIN BITCOIN SIGNED MESSAGE-----
This is DireWolfM14, today is October 19 2019, these are the payment addresses for my lending service:
Bitcoin: 348XXjbpXwg37JYd8knLnHRSMajLbteSbJ
Ethereum: 0x78B03f6F5848E4a473BDf8eE81e3f20870Ac70A8
-----BEGIN SIGNATURE-----
348XXjbpXwg37JYd8knLnHRSMajLbteSbJ
H1+6I4H6HGUVEtscWS2/czLrnu80RTm588/2A6Ir0rkwLEaLt7qeagfMF9PxDCIyQuIZKbqMw71++lIzDPNnTvU=
-----END BITCOIN SIGNED MESSAGE-----

Code:

{
  "address": "0x78b03f6f5848e4a473bdf8ee81e3f20870ac70a8",
  "msg": "This is DireWolfM14, today is October 19 2019, these are the payment addresses for my lending service:\nBitcoin: 348XXjbpXwg37JYd8knLnHRSMajLbteSbJ\nEthereum: 0x78B03f6F5848E4a473BDf8eE81e3f20870Ac70A8",
  "sig": "0x19a90cabd6287cf718dfa3dd488880ce2979b343ab118a72c1728fa922bebfcf28d90c9db607be17e331fd22dd6012cd8db658b3e0f2a54bfb225e603e0439bf1c",
  "version": "3",
  "signer": "trezor"
}

Code:

.
Resources:

PGP Fingerprint: 7EA88068A66DFBCC7CACBBEBE2E0A3A7EAB3CEA5
Staked Bitcoin Address: 157v67atJjnx7Fdi2wmcBBpChugHNmDWup

Endorsed Escrow Providers:
DarkStar_
Hhampuz

Other Escrow Providers (not an endorsement, subject to lender's approval.)

Endorsed Alternate Lenders:
If I am not available, I would not hesitate to recommend these lender to my clients:
DarkStar_
OmegaStarScream

Other lenders (not an endorsement.)

Other Resources:
How to sign a message?!
Stake your Bitcoin address here

External Resources:
Verify message signed with a bitcoin address.
Verify message signed with a PGP Key.

Self moderated thread:
Spam posts will be deleted;
Posts by unqualified members requesting unsecured loans will be deleted;
Off-topic posts will be deleted.

Coin	\|\| Budget	\|\| Limit - Secured	\|\| Limit - Unsecured
Bitcoin	\|\| 1 BTC	\|\| 0.5 BTC	\|\| 0.1 BTC
Ethereum	\|\| 6 ETH	\|\| 4 ETH	\|\| 2 ETH