Before giving out any loan there are questions you need to ask, because there are so many people they Hadley pay back their loan, you should be careful of people you give loan, must people think nobody can do them anything, that is the mindset so many people have today, you just have to be careful of such people.
No collateral no loan. I was in lending business and lost so much that I had to stop the service LOL
Collateral is indeed the best way to stay in business safely but the problem is most of the lender doesn’t practice this anymore that’s why it’s very hard to compete if you will stick to this policy.
Usually signature campaign and trust records are now being use as substitute collateral just to have a borderline secure loan in the forum since most of the regular borrower are from signature campaigns.