Quote from: Injust on December 19, 2014, 07:43:43 PM

Quote from: seabass1985 on December 18, 2014, 02:59:51 PM

Looking for a 1 to 2 bitcoin lone. I know I'm a noob but I have really great collateral. I have a gold wemons Rolex watch, and a special edition PS3 that's white, disc are loaded through top sliding door so they can't get stuck like old ones did. It has a 500gig hard drive and comes with lots of extras (games blu ray movies playstation move and a gun) if this is not enough I also have some more jewelry to put up. I just nee the loan untill I get a pension check in a couple of weeks then I can pay loan back. I can provide evidence for the check and can send photos of my collateral if you are serious about offer. Thanks for your time seabass1985.

Before anybody will loan, you will need to ship your collateral to a trusted escrow, and have them validate the genuinity of your items. Pictures are as good as no collateral at all.

You don't need to ship the collateral before the lender agrees to the loan, just before the loan is funded (and it must be actually received by the escrow). This makes borrowing with physical collateral a lot more expensive as the borrower must pay for shipping multiple times