Topic: Collateral for Loans (Read 686 times)
You could say that for the thousands of Pawn Shops around the world, why don't people just sell their items instead of putting it in pawn. Some people just need quick cash but want to keep their shares / alts for the time being.
But if you have a collateral, usually you don't need a loan before you can sell it ...
And you don't have to pay fees (for loan).
And you don't have to pay fees (for loan).
What if you are holding for example LTC? And you don't want to sell at current rates.
But if you have a collateral, usually you don't need a loan before you can sell it ...
And you don't have to pay fees (for loan).
And you don't have to pay fees (for loan).
Pretty much what everyone said,
Litecoin / Alts.
Shares
Domains
iPhones / iPads [Cheap to ship items]
Litecoin / Alts.
Shares
Domains
iPhones / iPads [Cheap to ship items]
The best collaterals are things easily and quickly sold for btc, like LTC or shares for example.
But you can use everything (even real items if you are ready to ship them during the loan).
But you can use everything (even real items if you are ready to ship them during the loan).
don't try to jump in this hell just keep these and as price rising may be you have some profit but if you want to do lending then may be very soon you burned and out of here
Alt-coins, stock shares, BFL orders, domain names
In the mail, jewelry is a good one.
In the mail, jewelry is a good one.
I'm interested in offering Loans, but want to get some Ideas from you long time lenders on what types of collateral are available to a lender in electronic form?
What are some things you lenders accept as collateral?
thanks,
-Flyboy
What are some things you lenders accept as collateral?
thanks,
-Flyboy
Jump to: