Post
Topic
Board Lending
Re: Seeking 2.5 BTC loan. Will repay 3 BTC in 14 days.
by
Window2Wall
on 05/08/2014, 23:33:14 UTC
I don't see any problems with this loan request. He has collateral in the form of assets in Havelock Investments. Unless I'm misinterpreting what Havelock is (and I very well may be), the greatest risk here is handing collateral over to a shady lender.

Thank you for the advice, I would only transfer shares or other property to extremely reputable lenders, otherwise I would use escrow.

I have contacted Havelock to find if it is possible to transfer shares between accounts, I have never done this before.

I will provide this loan contingent upon your ability to transfer ownership of those shares to me or an escrow.
Be sure to post details in this thread as I think the community would be interested in the outcome of the transaction. I am also curious as to how liquid the OP's shares are to protect the lender from a crash.