Author

Topic: .01 Loan. Two days repay. (Read 546 times)

hero member
Activity: 532
Merit: 500
You have eyes but can see Mt. Tai?!
September 08, 2015, 09:50:08 AM
#7
Looking for a small term loan while my bank is being verified on my new wallet. Let me know if you can help! Thanks


Loan Amount: 0.01 BTC
Amount to be repaid: 0.0125BTC
Repayment Date: 09/10/2015
Type of Collateral: My Account

Btc Address: 1EL6ddjxeqrAJCTM8v9ZQnhorchFFgc9vy
Some points OP and lender(if any) may need to think about:
1) OP's account's value is not 0.01 collateral-wise, as it needs to be at least 110% of the value of loan and should be able to sell instantly if needed.
2) If the OP defaults on the loan,the account will probably be worth nothing considering the fact that Vod, and other Default trust members are giving negative feedbacks if an account defaults.
3) As others have stated before, why not wait some days.
It only takes a day or two to get an account verified. Why not just wait?

legendary
Activity: 1148
Merit: 1006
September 08, 2015, 09:36:30 AM
#6
Your account is not worth for what your asking and you should know that you have to provide a collateral of at least 110 to 125% of what your asking. I feel your here to sell this account and do not have any intention to pay back this loan.

Also you need to provide a signed message from that address you posted.
legendary
Activity: 1302
Merit: 1025
September 08, 2015, 09:26:25 AM
#5
Collateral doesn't cost 0.01 btc. Plus what will you do with the 0.01? It only takes a day or two to get an account verified. Why not just wait?

Edit: OP stated reason already.
sr. member
Activity: 322
Merit: 250
★777Coin.com★ Fun BTC Casino!
September 08, 2015, 09:20:42 AM
#4
I need the .01 to pay off a wallet balance so I can purchase/withdraw more btc.

I should have probably stated the loan reason in OP huh?

Thanks
legendary
Activity: 2198
Merit: 1032
September 08, 2015, 09:20:28 AM
#3
Looking for a small term loan while my bank is being verified on my new wallet. Let me know if you can help! Thanks


Loan Amount: 0.01 BTC
Amount to be repaid: 0.0125BTC
Repayment Date: 09/10/2015
Type of Collateral: My Account

Btc Address: 1EL6ddjxeqrAJCTM8v9ZQnhorchFFgc9vy

What are you going to do with the .01btc?
coz what i see is you are looking to sell your account but disguised as a loan thread

Exactly he is trying to sell his account by getting loan ! I would not loan you until you provide anyother type of collateral.
hero member
Activity: 602
Merit: 500
September 08, 2015, 09:15:05 AM
#2
Looking for a small term loan while my bank is being verified on my new wallet. Let me know if you can help! Thanks


Loan Amount: 0.01 BTC
Amount to be repaid: 0.0125BTC
Repayment Date: 09/10/2015
Type of Collateral: My Account

Btc Address: 1EL6ddjxeqrAJCTM8v9ZQnhorchFFgc9vy

What are you going to do with the .01btc?
coz what i see is you are looking to sell your account but disguised as a loan thread
sr. member
Activity: 322
Merit: 250
★777Coin.com★ Fun BTC Casino!
September 08, 2015, 09:08:06 AM
#1
Looking for a small term loan while my bank is being verified on my new wallet. Let me know if you can help! Thanks


Loan Amount: 0.01 BTC
Amount to be repaid: 0.0125BTC
Repayment Date: 09/10/2015
Type of Collateral: My Account

Btc Address: 1EL6ddjxeqrAJCTM8v9ZQnhorchFFgc9vy

Edit - OK I will follow you guys advice and cancel this request. Thank you.
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