Author

Topic: Doing micro loans, with and without collateral // Must be jr member+ or no deal (Read 1257 times)

hero member
Activity: 518
Merit: 500
I strongly suggest any and all collateral be held by a trusted third party escrow.
It will be.
KWH
legendary
Activity: 1904
Merit: 1045
In Collateral I Trust.
Well I had no coins for quite a bit, however I got about 40 dollars worth and want to do small micro-loans. Here are my rates, if you cannot reach them then we may be able to reach a agreement.

Without collateral

- Max 0.005
- Must be Full Member+
- Must have good trading system

Rate is 10% per day
Max loan time is 2 weeks

With collateral
I accept gamblers, must make a pretty darn good collateral and intrest rate.

- Max 0.02
- Must be Full Member+

Rate is 5% per day
Max loan time is 2 weeks
Collateral must be 115%

Note: if the loaned money is not send within the agreed time frame, you will owe 15% per day, I have the right to collect the collateral any time after the payment is late

If the collaterals value decreases 10% then I will collect the money.

DO NOT PM ME, ALL REQUESTS MUST BE VISIBLE FOR PUBLIC

I will not provide a template, someone who deserves a loan should be capeable of writing one out on there own.


I strongly suggest any and all collateral be held by a trusted third party escrow.
sr. member
Activity: 280
Merit: 250
Make Love Not War
requesting for a 0.02BTC loan payable for 5 days or early

here's my address.
19DzmAHzmimHDXTcpvViPH2MzdK7v96gGB


Thanks
I need a reason for the loan, plus a collateral for 0.02 btc, I can set up a mm

nevermind. i don't need the loan.

Thanks
hero member
Activity: 518
Merit: 500
requesting for a 0.02BTC loan payable for 5 days or early

here's my address.
19DzmAHzmimHDXTcpvViPH2MzdK7v96gGB


Thanks
I need a reason for the loan, plus a collateral for 0.02 btc, I can set up a mm
sr. member
Activity: 280
Merit: 250
Make Love Not War
requesting for a 0.02BTC loan payable for 5 days or early

here's my address.
19DzmAHzmimHDXTcpvViPH2MzdK7v96gGB


Thanks
hero member
Activity: 518
Merit: 500
Well I had no coins for quite a bit, however I got about 40 dollars worth and want to do small micro-loans. Here are my rates, if you cannot reach them then we may be able to reach a agreement.

Without collateral

- Max 0.005
- Must be Full Member+
- Must have good trading system

Rate is 5% per day
Max loan time is 2 weeks

With collateral
I accept gamblers, must make a pretty darn good collateral and intrest rate.

- Max 0.02
- Must be Full Member+

Rate is 10% per day
Max loan time is 2 weeks
Collateral must be 115%

Note: if the loaned money is not send within the agreed time frame, you will owe 15% per day, I have the right to collect the collateral any time after the payment is late

If the collaterals value decreases 10% then I will collect the money.

DO NOT PM ME, ALL REQUESTS MUST BE VISIBLE FOR PUBLIC

I will not provide a template, someone who deserves a loan should be capeable of writing one out on there own.

Nice offer  but i think 10% perday is too much..
I think if anything he should switch the rates around, and have the interest % total the amount loaned

"Without Collateral 10%" each loan

"With Collateral 5%" each loan
Yeah that is what I did, my first post had collateral overtop, messed up switching over, fixed
member
Activity: 71
Merit: 10
Well I had no coins for quite a bit, however I got about 40 dollars worth and want to do small micro-loans. Here are my rates, if you cannot reach them then we may be able to reach a agreement.

Without collateral

- Max 0.005
- Must be Full Member+
- Must have good trading system

Rate is 5% per day
Max loan time is 2 weeks

With collateral
I accept gamblers, must make a pretty darn good collateral and intrest rate.

- Max 0.02
- Must be Full Member+

Rate is 10% per day
Max loan time is 2 weeks
Collateral must be 115%

Note: if the loaned money is not send within the agreed time frame, you will owe 15% per day, I have the right to collect the collateral any time after the payment is late

If the collaterals value decreases 10% then I will collect the money.

DO NOT PM ME, ALL REQUESTS MUST BE VISIBLE FOR PUBLIC

I will not provide a template, someone who deserves a loan should be capeable of writing one out on there own.

Nice offer  but i think 10% perday is too much..
I think if anything he should switch the rates around, and have the interest % total the amount loaned

"Without Collateral 10%" each loan

"With Collateral 5%" each loan
sr. member
Activity: 280
Merit: 250
Make Love Not War
Well I had no coins for quite a bit, however I got about 40 dollars worth and want to do small micro-loans. Here are my rates, if you cannot reach them then we may be able to reach a agreement.

Without collateral

- Max 0.005
- Must be Full Member+
- Must have good trading system

Rate is 5% per day
Max loan time is 2 weeks

With collateral
I accept gamblers, must make a pretty darn good collateral and intrest rate.

- Max 0.02
- Must be Full Member+

Rate is 10% per day
Max loan time is 2 weeks
Collateral must be 115%

Note: if the loaned money is not send within the agreed time frame, you will owe 15% per day, I have the right to collect the collateral any time after the payment is late

If the collaterals value decreases 10% then I will collect the money.

DO NOT PM ME, ALL REQUESTS MUST BE VISIBLE FOR PUBLIC

I will not provide a template, someone who deserves a loan should be capeable of writing one out on there own.

Nice offer  but i think 10% perday is too much..
hero member
Activity: 518
Merit: 500
Well I had no coins for quite a bit, however I got about 40 dollars worth and want to do small micro-loans. Here are my rates, if you cannot reach them then we may be able to reach a agreement.

Without collateral

- Max 0.005
- Must be Full Member+
- Must have good trading system

Rate is 10% per day
Max loan time is 2 weeks

With collateral
I accept gamblers, must make a pretty darn good collateral and intrest rate.

- Max 0.02
- Must be Full Member+

Rate is 5% per day
Max loan time is 2 weeks
Collateral must be 115%

Note: if the loaned money is not send within the agreed time frame, you will owe 15% per day, I have the right to collect the collateral any time after the payment is late

If the collaterals value decreases 10% then I will collect the money.

DO NOT PM ME, ALL REQUESTS MUST BE VISIBLE FOR PUBLIC

I will not provide a template, someone who deserves a loan should be capeable of writing one out on there own.
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