Quote from: Royse777 on April 17, 2019, 05:56:43 PM

Quote from: zeebly on April 17, 2019, 05:50:30 PM

Am seeking a loan of 0.07 for my son's medical bill, anyone willing to fulfill i'll forever be grateful. Am also open to terms.

Loan Amount: 0.07 BTC
Loan Purpose: Medical Bill
Loan Repay Amount: 0.082 BTC
Loan Repay Date: May 15,2019
Type of Collateral: 0.5 Eth
Bitcoin Address: 3BWHuwUgrCaXw3RENQSYfQm2DSKAywUpmq

0.5 Eth is 0.016BTC

https://i.imgur.com/198w0rW.png

A collateral needs to be at least 120% of the loan you are asking for meaning you need to have at least 2.64 ETH as collateral. This is minimum I am saying by the way.

Please read here : The Rule of "No Collateral, No Loan" - IGNORE AT YOUR OWN RISK!
This might help.

Cheers :-)

Thanks for pointing that out, but if I had that much collateral I wouldn't bother asking for a loan but rather just use my collateral.