Post
Topic
Board Lending
Re: Offering BTC loans [no collateral]
by
haploid23
on 05/08/2014, 09:18:35 UTC
repaid the 0.1
Confirmed.


Would you mind giving at least some pointers about duration or expected APR? I'm a long term investor and could use a loan from 30 to 120 days with weekly/monthly payments.
Are you open to such terms or you accept only shorter ones?

There are no exact terms. If you look at the list in OP, it should give you an idea. There are reference links to all of them.

My shortest loan given was a duration of only a few hours (already repaid), longest is about a year. I'm not too focused on high interest rates, but rather if the loan is for a genuine need, and if you're trustworthy enough. Of course, "genuine need" and "trustworthy" is not black and white, so that's why I'd have to screen out potential scammers.

The longer the requested duration, the more likely it'll get denied. The larger the amount, the more likely it'll get denied. But your profile and forum activity precedes all of these.