Post
Topic
Board Lending
Re: USD loan in BTC $500-$3000 6% annual rate
by
SgtSpike
on 01/11/2011, 15:33:51 UTC
You could put the loan on Propser and then link us to it here.  Those of us that invest on Propser could buy it up.

I tried that last week. They quoted 18% which is higher then I am paying now.  I guess my 15.x rate from B of A is not so bad.  I could pay more interest on a BTC loan, but not much more.  If I had to buy the coins to pay the loan, I would be paying fees to the exchange which unfortunately makes this less of a deal.
Yikes!

I had a 29.99% interest CC that I paid off after selling the car I bought to resell with my prosper loan.  A lot better to pay 11% interest than 29%.  But the 29% company was seriously a scam...