Quote from: UserU on Today at 05:33:46 AM

Quote from: philanthropist67 on Today at 03:10:09 AM

I saw lending service also. Its like giving someone 100$ for one month n getting 110$ in return. How secure is that service for me (I mean its SCAM FREE)? Lastly, how to get started with this.

Borrower requests loan from lender. Lender specify the interest rates and terms, with collateral requirement upfront. Borrower agrees, and sends over the collateral (default between 110 - 120% loan value). Lender receives collateral, sends over loan to borrower.

Everything goes smoothly, borrower returns funds borrowed. Lender then returns the collateral.

You forgot to say what kind of lender and collateral OP should accept. Note not all lender/user here can be trusted even just $20 lending amount is possible to lost the same to collaterals. I suggest you to check and read the lenders threads to for reference.