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Topic: Anybody take Sr. member account as collateral here? i need loan around 0.3 BTC (Read 363 times)

legendary
Activity: 1638
Merit: 1010
https://www.bitcoin.com/
8% for 6 months, that's roughly 17% annually.  i think it's quite low when we talk about cryptocurrency.

and your collateral doesn't sound interesting enough.

look for somewhere else where 17% annual interest is a good deal.  perhaps, some banks or credit card companies can give you that.

banks work only with residents

You said that you have a residence in Belarus. Go to a bank there then and put it as collateral to get the loan that you want.
There is no bank to deny a house or appartment as collateral wherever you are from. Ofc the house must have a significant value.
I don't know how much houses in Belarus go for, but you would think getting (min is $1700) from a bank wouldn't be hard, and at a lot less than 17% interest.
legendary
Activity: 1764
Merit: 1006
8% for 6 months, that's roughly 17% annually.  i think it's quite low when we talk about cryptocurrency.

and your collateral doesn't sound interesting enough.

look for somewhere else where 17% annual interest is a good deal.  perhaps, some banks or credit card companies can give you that.

banks work only with residents

You said that you have a residence in Belarus. Go to a bank there then and put it as collateral to get the loan that you want.
There is no bank to deny a house or appartment as collateral wherever you are from. Ofc the house must have a significant value.
sr. member
Activity: 339
Merit: 254
CREATE YOUR OWN CRYPTO-CURRENCY WITH ETHEREUM 150$
8% for 6 months, that's roughly 17% annually.  i think it's quite low when we talk about cryptocurrency.

and your collateral doesn't sound interesting enough.

look for somewhere else where 17% annual interest is a good deal.  perhaps, some banks or credit card companies can give you that.

banks work only with residents
sr. member
Activity: 938
Merit: 266
8% for 6 months, that's roughly 17% annually.  i think it's quite low when we talk about cryptocurrency.

and your collateral doesn't sound interesting enough.

look for somewhere else where 17% annual interest is a good deal.  perhaps, some banks or credit card companies can give you that.
sr. member
Activity: 339
Merit: 254
CREATE YOUR OWN CRYPTO-CURRENCY WITH ETHEREUM 150$

EDIT: Even with a zero-risk collateralized situation, you would be hard pressed to find someone who would be willing to lend their BTC at an interest rate of 8% for 6 months.

17% per year is a very high interest rate!

Are savings banks give as much?

It's not a lot for crypto lending. Exchanges that offer margin funding (Bitfinex, Poloniex) occasionally get to this APR without you needing to make a 6 month commitment - and the only risk you are taking there is with the platform itself. If the lender is taking on an extreme risk of default, they would want even more interest.

you can check the  interest rate offered margin funding (Bitfinex, Poloniex) and compare. Why not?

so if anybody interested my offer will be valid until August only



sr. member
Activity: 1330
Merit: 307

EDIT: Even with a zero-risk collateralized situation, you would be hard pressed to find someone who would be willing to lend their BTC at an interest rate of 8% for 6 months.

17% per year is a very high interest rate!

Are savings banks give as much?

It's not a lot for crypto lending. Exchanges that offer margin funding (Bitfinex, Poloniex) occasionally get to this APR without you needing to make a 6 month commitment - and the only risk you are taking there is with the platform itself. If the lender is taking on an extreme risk of default, they would want even more interest.

Though considering OP is offering an account, the risk doesnt worth it since if he defaults (which is very likely), the lender wont get their money back and left with a useless/worthless account. So no matter how much interest is given, without valid collateral that is 120% of what is being asked, its not likely that the lender would see any ROI.
full member
Activity: 369
Merit: 111

EDIT: Even with a zero-risk collateralized situation, you would be hard pressed to find someone who would be willing to lend their BTC at an interest rate of 8% for 6 months.

17% per year is a very high interest rate!

Are savings banks give as much?

It's not a lot for crypto lending. Exchanges that offer margin funding (Bitfinex, Poloniex) occasionally get to this APR without you needing to make a 6 month commitment - and the only risk you are taking there is with the platform itself. If the lender is taking on an extreme risk of default, they would want even more interest.
sr. member
Activity: 339
Merit: 254
CREATE YOUR OWN CRYPTO-CURRENCY WITH ETHEREUM 150$

EDIT: Even with a zero-risk collateralized situation, you would be hard pressed to find someone who would be willing to lend their BTC at an interest rate of 8% for 6 months.

17% per year is a very high interest rate!

Are savings banks give as much?

Also can make deal as collateral with any of my projects (or a house with land in Belarus), just need half a year loan or half a year investment.
Min is 1700$. Can accept deal only till 18.08.2018. Than after I will not need any loan.

Thank you for taking time read this
legendary
Activity: 1764
Merit: 1006
I just wonder (except laughing!)...
If you want for a Sr. account 0.3BTC how much will probably want someone with a Legendary account? 3BTC?!

Please be serious and lock this topic. We have heard enough foolish and ridiculous requests...
sr. member
Activity: 1330
Merit: 307
Anybody take Sr. member account as collateral here? i need loan around 0.3

If you can approve my loan with senior member as collateral.
Registered in August, 2016, good history, normal posts.
Loan time around 185 days , re-paid 0.325 BTC


Also can make deal as collateral with any of my projects, just need half a year loan or half a year investment.
Thank you for taking time read this

mail: [email protected]
Contact whatsapp +375298563585 and telegram +375298563585, telegram +6281337281198
cell phone +601136019365 (temporary)

skype: open24365, mail: [email protected], website: http://accruefrom.com/

Geographically I located near Singapore, mostly Bali (Indonesia) and Johor (Malaysia).
Total loan needed is 2100$-2300$.

LOL thats very funny. Thanks for the great laugh.

Seriously, no one is that stupid, even if it has "good history, normal post", the account would have to have extremely good feedback, but even then I highly doubt it would get anywhere close to a 0.3 btc, especially with people attempting to sell their accounts through getting loans (which is why using accounts as collateral is usually looked down on and highly discourage). 
sr. member
Activity: 672
Merit: 265
I would lock this thread.
full member
Activity: 369
Merit: 111
I doubt it, because how can anyone ever hope to get their .3 BTC back if you default? Account sales are heavily frowned upon nowadays.

EDIT: Even with a zero-risk collateralized situation, you would be hard pressed to find someone who would be willing to lend their BTC at an interest rate of 8% for 6 months.
newbie
Activity: 10
Merit: 0
LOL, Simply you're crazy!  Grin
Edit: Or mentally ill.  Grin
sr. member
Activity: 339
Merit: 254
CREATE YOUR OWN CRYPTO-CURRENCY WITH ETHEREUM 150$
Anybody take Sr. member account as collateral here? i need loan around 0.3

If you can approve my loan with senior member as collateral.
Registered in August, 2016, good history, normal posts.
Loan time around 185 days , re-paid 0.325 BTC


Also can make deal as collateral with any of my projects, just need half a year loan or half a year investment.
Thank you for taking time read this

mail: [email protected]
Contact whatsapp +375298563585 and telegram +375298563585, telegram +6281337281198
cell phone +601136019365 (temporary)

skype: open24365, mail: [email protected], website: http://accruefrom.com/

Geographically I located near Singapore, mostly Bali (Indonesia) and Johor (Malaysia).
Total loan needed is 2100$-2300$.
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