Anybody take Sr. member account as collateral here? need loan

Avirunes

legendary

Activity: 3094

Merit: 1472

Not a valid or sufficient collateral to get up a loan.Your Senior Member account has a value of around 0.08-0.09 BTC.If you have any collateral more to meet up 120% of the loan amount you asking for then post up in any leners thread,they will consider it then.

Quote from: DiamondCardz

In general the amount lenders will be looking for is collateral equal to 110%-120% of the amount you are being loaned. Why is this? Well, first, they want to discourage you from running off with the funds. Collateral also needs to be something that can easily be sold, which brings me to my second point - your $500 worth of ink isn't going to cut it as collateral. Normally lenders will want things such as Altcoins or precious metals, although things that can be sent electronically are preferred.

dipkiss

full member

Activity: 322

Merit: 102

Do you still need this loan?your account is not worth then you asking for.may be you'll get .06 or .07 for sr.member .are you trying to sell your account for .125?

Cyaren

sr. member

Activity: 294

Merit: 250

Quote from: Jasad on February 26, 2016, 07:33:21 PM

Anybody take Sr. member account as collateral here? i need loan around 0.125
if you can approve my loan with senior member almost hero as collateral.
loan time around 8 days , re-paid 0.125+interest discussed. i can give 0.001 interest daily

Thankyou for taking time read this

You'll get a better chance of getting a loan if you post from that account directly, not hiding behind an alt Wink

And yeah right now accounts are not that liquid, I think 0.07-0.08 for a senior should be the right level.

lastlove9091

hero member

Activity: 658

Merit: 500

Sr.Member not value as 0.125BTC( it only 0.08 around, check at HERE) and u remember that your collateral must have value over 120% of loan request. This case same as sold your account

. Maybe u should request here:https://bitcointalksearch.org/topic/offering-loans-772348
P/s: Why don't u creat topic with your Sr.Member?

Jasad

legendary

Activity: 1414

Merit: 1002

= jasad =

Anybody take Sr. member account as collateral here? i need loan around 0.125
if you can approve my loan with senior member almost hero as collateral.
loan time around 8 days , re-paid 0.125+interest discussed. i can give 0.001 interest daily

Thankyou for taking time read this

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