Post
Topic
Board Lending
Re: If I have collateral why should I ask for a loan
by
Viscore
on 14/03/2020, 11:30:08 UTC
Lender would love to lend on borrowers will collateral, and in your case since you are a newbie and you have not build your reputation yet, you are not entitled for a non collateral kind of loan. If you have btc and you borrow altcoins, that's alright, but based on the terms i have see is that your collateral should 120% of value higher than the amount of loan you'll request.