DireWolfM14's Bitcoin Lending Service
Table of Contents
.Available Currency:| Coin | || Limit - Secured | || Limit - Unsecured |
| Bitcoin | || 0.25 BTC | || 0.05 BTC |
.Interest Rates:- This lending service operates on Muslim Halal principles.
- The Lender does not charge a fixed or set rate.
- Below are interest rate recommendations for short term (about 30 days) loans only.
- When requesting a loan, you may suggest a fair repayment amount according to your capabilities.
- No-interest loans are available to certain individuals based solely on The Lender's discretion.
- Long-Term loans (over 180 days) with lower annual percentage rates are available for secured loans.
.Secured Loan Interest Rates:Recommended interest rates for loans secured by valid collateral:
| Loan.Duration.... | || Percentage Rate |
| Up to 14 days | || 3.5% fixed |
| 15 days and over | || 0.25% per day |
.Unsecured Loan Interest Rates:Recommended interest rates for loans not secured by valid collateral:
| Loan.Duration.... | || Percentage Rate |
| Up to 14 days | || 5% fixed |
| 15 days and over | || 0.36% per day |
.Application:To apply for a loan please fill out the following form,
sign it with a
staked address, and post it in this thread or send it to me via forum PM.
All loans will be posted publicly, but your privacy is important to me. If you choose to keep your addresses private, please inform me when making your request.
No loans will be issued based on communication outside this forum.
Username:
Loan Amount:
Request date:
Repayment Amount:
Repayment date:
Collateral:
Purpose:
Funding Address:
.Sample Application:Application has been signed with an address that was
staked here.
-----BEGIN BITCOIN SIGNED MESSAGE-----
Username: DireWolfM14
Loan Amount: .1
Request date: 05 JUL 2023
Repayment Amount: .105
Repayment date: 19 JUL 2023
Collateral: 22 XMR
Purpose: Bitchen Camero
Funding Address: bc1qaj67djtqrehzw56fk24n85ym3y9wulap5tlay2
-----BEGIN SIGNATURE-----
157v67atJjnx7Fdi2wmcBBpChugHNmDWup
IA0fxtrMyh7ZMjmQbz+c6iJKPb+8R+/tqDupH0IJgu7iK7sTPfJ5VW8kjmySytOySBfXEi+fB7Up8wNv2d5Hxcw=
-----END BITCOIN SIGNED MESSAGE-----
.Repayment Addresses:Bitcoin:
bc1qaj67djtqrehzw56fk24n85ym3y9wulap5tlay2A unique repayment address will be provided upon request.
Alternate repayment addresses must be signed by me using my staked
bitcoin address or
PGP key.
.Terms of Service:Addendum to TOS:Additional terms of service (subject to change.)
- Monero (XMR) and Grin Coin (GRIN) will be considered as valid collateral regardless of the coins' exchange listing status.
Full Terms of Service:Definition of terms:
Person requesting a loan: hereby known as Borrower or The Borrower.
DireWolfM14: hereby know as Lender or The Lender.
Third party Escrow Agent: hereby known as Escrow Agent.
Secured Loan: A loan secured with Valid Collateral valued at a minimum of 120% of the requested loan amount.
Unsecured Loan: A loan not secured by Valid Collateral.
Terms of Service:
1.0) Loan Type:
1.1) Secured Loans:
1.1.1) Secured loans require valid collateral valued at a minimum 120% of the loan amount.
1.1.2) See section 2.0 for qualifications of collateral.
1.2) Unsecured Loans:
1.2.1) Unsecured loans do not require collateral, but offering collateral that does not qualify for secured loans may increase chances for approval.
1.2.2) Acceptance of unsecured loan requests is subject solely to the discretion of The Lender.
1.2.2.1) Acceptance criteria for unsecured loans will not be publicly disclosed.
1.2.3) Unsecured Loan requests are reserved for members that meet all the following criteria:
1.2.3.1) Full Member rank or above,
1.2.3.2) And have earned a minimum of 50 merits,
1.2.3.3) And have earned a minimum of 10 merits within the last 120 days.
1.2.4) Meeting the criteria to apply for an unsecured loan does not guarantee approval.
2.0) Collateral:
2.1) Valid Collateral is subject to the discretion of The Lender.
2.2) Types of collateral:
2.2.1) Cryptocurrency:
2.2.1.1) The value of the cryptocurrency used as collateral must be at minimum 120% of the requested loan amount.
2.2.1.1.1) If, at any time during the duration of the loan the value of the cryptocurrency used as collateral falls below 120% of the loan amount, The Borrower agrees to the following:
2.2.1.1.1.1) The Borrower must add collateral of sufficient value within 48 hours.
2.2.1.1.1.1.1) If The Borrower does not replenish the value of collateral within the allotted time, and the value of the collateral falls below 110% of the loan amount The Borrower grants The Lender authority to sell the collateral.
2.2.1.2) To qualify as collateral for a secured loan cryptocurrency must be listed and traded on a minimum of one (1) of the following exchange(s):
2.2.1.2.1) CoinBase
2.2.1.2.2) Binance
2.2.1.3) Cryptocurrencies not listed and traded on one of the above exchange(s) will not be considered as valid collateral for a secured loan, but may be considered as additional security for an unsecured loan.
2.2.1.4) Cryptocurrency used as collateral will be stored by The Lender on a hardware wallet (when possible) with a secure back-up.
2.2.1.4.1) In the event collateral cannot be stored on a hardware wallet The Borrower will be given the following options:
2.2.1.4.1.1) The Lender shall store the collateral in a secure, encrypted desktop wallet, or
2.2.1.4.1.2) The Lender shall store the collateral in an exchange account secured with a strong unique password and 2FA.
2.2.1.5) Cryptocurrency used as collateral may be held by an Escrow Agent.
2.2.1.5.1) The Escrow Agent must be approved by The Lender.
2.2.1.5.1.1) Approval of the Escrow Agent is subject solely to the discretion of The Lender.
2.2.1.5.1.2) The Lender reserves the right to reject an Escrow Agent for any reason without explanation.
2.2.1.5.2) Escrow fees are at the expense of The Borrower.
2.2.1.6) Upon successful repayment of the loan the collateral will be returned to The Borrower as quickly as possible.
2.2.1.6.1) Transaction fees for the return of collateral are at the expense of The Borrower.
2.2.2) Physical goods:
2.2.2.1) To qualify as collateral for secured loans physical goods must be easily sold for a minimum of 120% of the loan amount.
2.2.2.1.1) Physical goods accepted as collateral:
2.2.2.1.1.1) Precious Metals (i.e. gold, silver, platinum)
2.2.2.1.1.2) Ammunition
2.2.2.1.1.3) New computer hardware (i.e. GPUs, ASICs)
2.2.2.1.1.4) MREs
2.2.2.2) Physical goods held as collateral must be delivered to The Lender at The Borrower's expense.
2.2.2.3) Upon repayment of the loan, collateral will be returned to The Borrower at The Borrower's expense.
2.2.2.4) Acceptance of Physical Goods as collateral is subject solely to the discretion of The Lender.
2.3) Digital assets other than cryptocurrency, such as, but not limited to forum or social media accounts, domain names, websites, gaming credits, YouTube channels, and NFTs are not accepted as collateral.
2.4) The Lender will not accept, nor assume control of forum accounts or social media accounts in lieu of collateral or repayment of a loan.
2.5) The security of The Borrower's collateral will be assumed by The Lender only if The Lender is directly and solely in control of the collateral.
2.5.1) The security of The Borrower's collateral applies only to the prevention of theft or loss of the collateral.
2.5.1.1) The Lender will not assume any responsibility for the devaluation of the collateral due to market fluctuations or events outside The Lender's control.
2.5.1.2) In the even The Lender is in control of The Borrower's collateral The Lender will assume full responsibility for the security of the collateral.
2.5.1.3) In the even an Escrow Agent is in control of The Borrower's collateral The Lender will not be held responsible for the security of the collateral.
3.0) Repayment of loan:
3.1) Repayment addresses:
3.1.1) Bitcoin: bc1qaj67djtqrehzw56fk24n85ym3y9wulap5tlay2
3.2) Upon request a unique repayment address shall be provided.
3.2.1) Alternate repayment addresses must be signed by The Lender using a staked BTC address or PGP key.
3.3) Loans must be repaid no later than 23:59 Pacific Standard Time on the date designated as the repayment date.
3.3.1) Loans not repaid by the designated time are subject to an additional fees.
3.3.2) Loans not repaid within 72 hours of repayment date will be deemed in default.
3.3.2.1) By allowing a loan to default, The Borrower grants The Lender complete and undisputed ownership of the collateral.
4.0) Acceptance criteria:
4.1) Acceptance or rejection of the loan request is subject solely to the discretion of The Lender.
4.2) The Lender reserves the right to deny loan requests to anyone, for any reason or no reason, without explanation.
5.0) Disclaimers:
5.1) Terms of service at the time of loan request shall be considered a contractual agreement.
5.2) Terms of service may change at any time without notice.
6.0) Feedback, Reviews, and Trust:
6.1) Successfully completed loans may or may not result in a neutral review left on The Borrower's trust wall.
6.1.1) The Lender is not obligated to leave a review or any feedback for successfully completed loans.
6.1.2) Defaulted loans will be reported by leaving a negative review for on The Borrower's trust wall.
6.2) Users approved for an unsecured loan will have a neutral review posted on their trust wall for the duration of the loan.
7.0) Application:
7.1) Applications must be signed with a staked bitcoin address.
8.0) Acknowledgement:
8.1) By requesting a loan you, The Borrower, acknowledge your acceptance of these terms.
.Signatures:-----BEGIN PGP SIGNED MESSAGE-----
Hash: SHA256
This is DireWolfM14, today is July 1, 2023
Here is the generic loan repayment addresses for my lending service:
Bitcoin: bc1qaj67djtqrehzw56fk24n85ym3y9wulap5tlay2
-----BEGIN PGP SIGNATURE-----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=YiJ7
-----END PGP SIGNATURE-----
-----BEGIN BITCOIN SIGNED MESSAGE-----
This is DireWolfM14, today is July 1, 2023
Here is the generic loan repayment addresses for my lending service:
Bitcoin: bc1qaj67djtqrehzw56fk24n85ym3y9wulap5tlay2
-----BEGIN SIGNATURE-----
157v67atJjnx7Fdi2wmcBBpChugHNmDWup
IEOQa0iwyFLRyXcSa7jIJK2lFu0hY4A/Jp0i+0C35JrncAGVVjESJzBFrHz8jwpdRuhJWwxJiULA+Bz6S5p/9Pw=
-----END BITCOIN SIGNED MESSAGE-----
.Resources:PGP Fingerprint:
7EA88068A66DFBCC7CACBBEBE2E0A3A7EAB3CEA5Staked Bitcoin Address:
157v67atJjnx7Fdi2wmcBBpChugHNmDWupOther Resources:Trusted Escrow ProvidersHow to sign a message?!Stake your Bitcoin address hereExternal Resources:Verify message signed with a bitcoin address.Verify message signed with a PGP Key.
Self moderated thread:
Spam posts will be deleted;
Posts by unqualified members requesting unsecured loans will be deleted;
Off-topic posts will be deleted.
