Post
Topic
Board Lending
Re: Looking for $100-300 BTC or Paypal loan
by
ichaicha
on 02/11/2019, 12:14:34 UTC
A contract and ID alone doesn't guarantee the lender anything.

You could default on the loan, and the ID would be absolutely worthless especially to a cross-border lender whose country's police have no jurisdiction on international matters concerning finances (not that they would care in the first place for such a low amount, anyways).

Granted, the lender can chargeback on paypal, but that's not possible all the time especially sending as F&F. I would suggest you look at /r/borrow if your only form of 'collateral' is your ID, because that's not acceptable here.

Thank you for your reply.

Already received a response from /r/borrow subreddit. I'll just arrange the loan there. I really appreciate your concerns.