The restrictions are mostly meant for those who want to take the loan
Here is a proper analysis of what you are required to have ad know to becoming a lender.
General good practices:
- Lending used to only require some sort of "proof of reputation" (anything from a long post history, ID, or Web of Trust stats to a full credit report) from lendees. Due to an exceptionally high incidence of scamming, this is generally no longer the case. You generally MUST put up some form of collateral (usually some type of alternative cryptocurrency, like Litecoin or Quark). This depends heavily on the lender, and physical collateral may also be accepted (motorcycles, watches, PMs).
- Please refrain from requesting unnecessary "confidence loans" (a loan you don't need, but want to take out simply to show you'll repay). This was an issue a year or so ago, where scammers would take out incrementally larger loans, pay maybe .1BTC in interest, then take off with a 1BTC loan. A history of so-called confidence loans inspire more hesitancy than confidence.
- This subforum has an exceptionally high amount of trolling. Legitimate lendees are scared away or simply don't care to subject themselves to unjustified degradation. Skepticism is okay, but please try to be civil. Either way - if you request a loan, be prepared.
- Almost all loans issued in this subforum would be at rates considered to be exploitative in most countries. We're talking about something like 5-15% monthly (there are some more favorable alternatives, such as seeking out the Islamic Bank of Bitcoin). Use short-term loans responsibly, do not use loans for naked market positions or otherwise attempt to arb, and you should only use short-term lending from strangers as an absolute last resort.
Also the lending business especially in the crypto-currency sector and also not collecting collateral can be a very risky business which you should also secure yourself, I think you should atleast learn more about the lending scams and this post can help you on that.
https://bitcointalk.org/index.php?,topic=119896.msg1291483#msg1291483I have been on the forum for a while now and although there are many lenders people rather go with those who has good reputation for me my best option is Darkstar, well you can always try your luck in the business.