I have 28 Ethereum, where can that get me mate?
The current exchange rate is 1
BTC =~ 48 ETH
28 ETH =~ 0.58
BTCyou'll need this 0.58
BTC to be 120% of the loaned amount + intrest... This means you'll need to pay back 0.48
BTCSo... with 28 ETH, you should be able to get a loan of 0.4
BTC, repaying 0.48
BTC... I think that should be do-able for several lenders.
Do realise they'll probably want to use a forum escrow to hold the ETH, so the escrow fee should also be deducted from the 0.4
BTCI take no responsability for any calculation errors i could have made!
Good luck