Can I get a loan as a newbie? I need $100 worth of BTC

Vod

legendary

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Licking my boob since 1970

Quote from: Mrbutter on November 04, 2014, 12:09:48 AM

What if I use my facebook account and the email linked to facebook as collateral ? Is this possible ? lol

I posted this already - READ IT.

https://bitcointalksearch.org/topic/edu-the-rule-of-no-collateral-no-loan-ignore-at-your-own-risk-577765

How can anyone sell your facebook account to get what they are owed?

You can lock this thread using the control at the lower left. Undecided

Mrbutter

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Merit: 10

What if I use my facebook account and the email linked to facebook as collateral ? Is this possible ? lol

Vortex20000

hero member

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sucker got hacked and screwed --Toad

Quote from: Vod on November 03, 2014, 08:37:11 PM

Quote from: Superhitech on November 03, 2014, 08:30:45 PM

If you are a member+ you could collateral your account, unfortunately you are newbie and no options for this Sad

Maybe you can collateral a digital account? Like maybe a steam account with games on it etc.

Those are not collateral.

https://bitcointalksearch.org/topic/edu-the-rule-of-no-collateral-no-loan-ignore-at-your-own-risk-577765

If the lender was stupid enough to lend him money with a steam account as collateral then in that case it is.

But you're right - in general - it isn't collateral.

If you were something like a Full Member or Member you could use your Bitcointalk account as collateral. Too bad Roll Eyes

letyouearn

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Providing documents and getting loan is only possible in the Banks only, not on the internet world. Because, Bank employes who collect your documents for the loan can visit to your doorstep any time when they need. But, by providing your ids , you can request for a loan on this forum as a newbie. Impossible. Huh

If you really need a loan , just provide any valid collateral and get the loan easily. And pay it on time, that's it.
The Compulsory Rule of lending section is " No COllateral No Loan".

bitkilo

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https://www.bitcoin.com/

Quote from: Mrbutter on November 03, 2014, 05:41:50 PM

What I don't get is why use alt coins as collateral when the person taking out the loan can sell those alt coins and exchange it to btc?

Because maybe you need btc but don't want to sell your litecoin for some reason, then you can leave your coins as collateral against the loan and get them back when you repay, easy.

Superhitech

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Quote from: Vod on November 03, 2014, 08:37:11 PM

Quote from: Superhitech on November 03, 2014, 08:30:45 PM

If you are a member+ you could collateral your account, unfortunately you are newbie and no options for this Sad

Maybe you can collateral a digital account? Like maybe a steam account with games on it etc.

Those are not collateral.

https://bitcointalksearch.org/topic/edu-the-rule-of-no-collateral-no-loan-ignore-at-your-own-risk-577765

Ah I see. I didn't know that!

Vod

legendary

Activity: 3668

Merit: 3010

Licking my boob since 1970

Quote from: Superhitech on November 03, 2014, 08:30:45 PM

If you are a member+ you could collateral your account, unfortunately you are newbie and no options for this Sad

Maybe you can collateral a digital account? Like maybe a steam account with games on it etc.

Those are not collateral.

https://bitcointalksearch.org/topic/edu-the-rule-of-no-collateral-no-loan-ignore-at-your-own-risk-577765

Superhitech

legendary

Activity: 1064

Merit: 1000

If you are a member+ you could collateral your account, unfortunately you are newbie and no options for this Sad

Maybe you can collateral a digital account? Like maybe a steam account with games on it etc.

Mrbutter

member

Activity: 84

Merit: 10

Quote from: bitkilo on November 03, 2014, 08:22:10 PM

Quote from: Mrbutter on November 03, 2014, 08:15:11 PM

Quote from: KWH on November 03, 2014, 05:52:16 PM

Quote from: Mrbutter on November 03, 2014, 05:41:50 PM

Hi there
I was wondering how I can get a loan without a collateral. I heard providing ID is possible ? I'm looking for $100 worth of bitcoin load in a time span of two weeks.

I would venture to say you heard wrong. Not much anyone can do with your ID if you default. Collateral is key here.

So what is considered as a collateral?

Other alt coins like litecoin, darkcoin, dogecoin, ect. Physical bitcoins like casascius coins are good. Digital stuff is best i hear,

What I don't get is why use alt coins as collateral when the person taking out the loan can sell those alt coins and exchange it to btc?

bitkilo

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https://www.bitcoin.com/

Quote from: Mrbutter on November 03, 2014, 08:15:11 PM

Quote from: KWH on November 03, 2014, 05:52:16 PM

Quote from: Mrbutter on November 03, 2014, 05:41:50 PM

Hi there
I was wondering how I can get a loan without a collateral. I heard providing ID is possible ? I'm looking for $100 worth of bitcoin load in a time span of two weeks.

I would venture to say you heard wrong. Not much anyone can do with your ID if you default. Collateral is key here.

So what is considered as a collateral?

Other alt coins like litecoin, darkcoin, dogecoin, ect. Physical bitcoins like casascius coins are good. Digital stuff is best i hear,

Mrbutter

member

Activity: 84

Merit: 10

I was told the best way to gain trust is to reveal your name and not hide behind pseudonyms. But I guess having a business mind and wanting to get a business up and running straight away requires hiding your real name and not getting a business up and running until you have trolled for 3 months to pretend you don't want to run a business. Then have a sudden eureka moment and ask for a loan then???

Mrbutter

member

Activity: 84

Merit: 10

Quote from: KWH on November 03, 2014, 05:52:16 PM

Quote from: Mrbutter on November 03, 2014, 05:41:50 PM

Hi there
I was wondering how I can get a loan without a collateral. I heard providing ID is possible ? I'm looking for $100 worth of bitcoin load in a time span of two weeks.

I would venture to say you heard wrong. Not much anyone can do with your ID if you default. Collateral is key here.

So what is considered as a collateral?

KWH

legendary

Activity: 1904

Merit: 1045

In Collateral I Trust.

Quote from: Mrbutter on November 03, 2014, 05:41:50 PM

Hi there
I was wondering how I can get a loan without a collateral. I heard providing ID is possible ? I'm looking for $100 worth of bitcoin load in a time span of two weeks.

I would venture to say you heard wrong. Not much anyone can do with your ID if you default. Collateral is key here.

Vod

legendary

Activity: 3668

Merit: 3010

Licking my boob since 1970

Quote from: Mrbutter on November 03, 2014, 05:41:50 PM

Hi there
I was wondering how I can get a loan without a collateral. I heard providing ID is possible ? I'm looking for $100 worth of bitcoin load in a time span of two weeks.

You're more likely to get negative trust for asking for a non-reversible currency as a new member who has put no time into the community.

Mrbutter

member

Activity: 84

Merit: 10

Hi there
I was wondering how I can get a loan without a collateral. I heard providing ID is possible ? I'm looking for $100 worth of bitcoin load in a time span of two weeks.

Topic: Can I get a loan as a newbie? I need $100 worth of BTC (Read 1141 times)