Hello,
So I've decided to start myself a loaning service. I have recently only just become active on the forum again, a post proving this account has not been sold is here:
https://bitcointalksearch.org/topic/m.14114439
Currently Available To Loan:BTC0.05
What Is Valid Collateral?Currently Accepted Collateral:
- Bitcoin Forum Accounts (Minimum of Full Member status - I take no responsibility if you are kicked from sig. campaigns for inactivity)
- Valid Alt Coins (Coins that have value and are stable)
- BitGold
- Suggest Something!
Terms & Conditions of LoansThe value of the collateral you provide is at my discretion, collateral for me is what I say it is worth. By providing me with collateral, your understand the collateral becomes my property until the loan is repaid. If you do not repay within the specified time frame, your provided collateral becomes permanently my property and will be sold without your permission, it belongs to me. I do not use Escrow, only at your cost and request. Time extensions for the loan can be applied for, but this must be before your repayment time expires. Repayments to the wrong Bitcoin address will result in collateral being sold, unless another payment of the full repayment amount is given to the correct address. I will assume you have defaulted on the loan if no contact has been made (and no repayment) by the repayment date, do not expect me to still have your collateral if you contact me after your repayment date. Although I don't require it, it is preferable for you to have an alt. account if I need to contact you about a repayment time extension or anything else.
Interest RatesInterest rates are below, I offer "discounts" on interest the more you borrow.[/b]
BTC0-0.049 - 12%BTC0.05-0.99 - 11%BTC0.1-0.5 - 10% <------- Currently not lend-able, I don't even have that in my personal wallet (non-lending wallet)!
A 10% compound late fee is applied for each week of repayment extension, added at the first day of each week late. For loans over two weeks, there is also a compound interest rate of 5% each week, added at the start of each week.
ApplicationRemember -
NO collateral,
NO loan.
I will usually reply to any loan requests within a few hours, but please give me a maximum of 24 hours!
Please ensure you only apply in this thread, do not PM me please. Application form (please copy and paste, then fill out):
Requested Loan Amount:
Collateral To Be Provided:
Proposed Repayment Date:
Reason For Loan:
Amount To Be Repaid:
1FTua17f5hJvF2kTBbzUE2NsYo1eEQ3wFg
Loans#1 CoinHopper/hophoper (alt.) - Loaned: BTC0.02 - Repayment: BTC0.025 - Payment Due: 15th March 2016 - Status: Paid Early!
#2 excword/excwordalt (alt.) - Loaned: BTC0.015 - Repayment: BTC0.019 - Payment Due: 21st March 2016 - Status: Defaulted - Collateral Sold For 0.0201
#3 txbtc/txbtc2 (alt.) - Loaned: BTC0.02 - Repayment: BTC0.024 - Payment Due: 31st March 2016 - Status: Defaulted - Collateral Sold For 0.0201
Defaulted User hasn't made an extension request in the time frame and has not repaid.
Late [Weeks Late] - Loan repayment is still in progress as the user has requested a time extension, but a late charge is now in progress.
Accepted - Loan has been sent and collateral has been taken, awaiting repayment
Paid - User has paid back the loan in full. Collateral has been given back.
, my alt with which I would talk is : txbtc2
