Post
Topic
Board Lending
Re: Medium Loan Request - 10-15% Interest, 30-45 days, NO COLLATERAL and Escrow
by
Killerloop
on 06/11/2014, 11:47:10 UTC
What are you even talking about? Collateral is always provided, and has been provided to austin already via maidak holding them as he publicly confirmed.

It is a deposit as he cannot liquidate it in the event the value pummels. He has to TRUST you will honor the deal in such a situation. Very unlikely considering your reactions.

Next time you want to be taken seriously, understand the difference between 'insure' and 'hand over the money without escrow and trust someone not to steal your collateral'.

That's childlish. Proper way of dealing business is escrow and liquidable collateral. Your refusal do to this is a huge red flag as it was already pointed out by another savvy user.

Serious investors would not be able to comprehend exactly what you are complaining about when you yourself admitted never reading enough to see what I publicly posted and explained.

I did and made my reply showing the inherent dangers of such an agreement with you, along with the scammy title which includes the word "collateral".
As I have already told you by PM: childlish behaviour isn't going to win you any friends. This is an investment opportunity and not a secured loan so... wrong section Cheesy

Let's hear what other users say about this matter