Author

Topic: How to get a loan? (Read 2431 times)

hero member
Activity: 546
Merit: 500
January 25, 2016, 06:50:34 AM
#41
okay. Thank You eveyone. I have a account on dogechain.info with 85k dogecoins, i will give that as a collateral today and will take a loan of 0.03btc Smiley will repay it aftr 5-6 days. I wish my request won't be rejected.

Why not exchange you dogecoins into bitcoin than take a loan. the problem is, is it worth take your 85k dogecoins into collateral ? because you need collateral that really worth like bitcointalk account.
Users usually use alt coins as collateral to keep the coins in their original value instead of exchanging it back for lesser coins down the road. 85k dogecoins are certainly too low to be used as a collateral. Lenders typically ask for an amount of coin that is higher than the loan to cover for the possible volatility of the coins.

85k dogecoins are not low according to the amount of loan i want to borrow, i wanted to borrow 0.03btc and i just checked on yobit.net and i'm getting 0.039 btc for my 85k dogecoins.
Did you still need a loan or did you just dumped your doges and don't need a loan anymore? Either way, you can lock this thread now, if you are looking for a loan, the lending section is the right place, if you're not, then there's nothing to discuss now Smiley

I can help you get a loan though if necessary Cheesy
hero member
Activity: 896
Merit: 502
January 24, 2016, 01:36:28 PM
#40
If you need a loan you need a valid collateral (your btctalk account or  altcoins).
You need to make a loan request in lending board.
Good Luck!
hero member
Activity: 1106
Merit: 502
January 24, 2016, 10:56:44 AM
#39
Poloniex is a really good exchange, yobit promotes ipos.
yes right besides getting a loan in this forum, there are several sites other loans. like poloniex or loanbase.
legendary
Activity: 3248
Merit: 1072
January 24, 2016, 10:43:38 AM
#38
okay. Thank You eveyone. I have a account on dogechain.info with 85k dogecoins, i will give that as a collateral today and will take a loan of 0.03btc Smiley will repay it aftr 5-6 days. I wish my request won't be rejected.

Why not exchange you dogecoins into bitcoin than take a loan. the problem is, is it worth take your 85k dogecoins into collateral ? because you need collateral that really worth like bitcointalk account.
Users usually use alt coins as collateral to keep the coins in their original value instead of exchanging it back for lesser coins down the road. 85k dogecoins are certainly too low to be used as a collateral. Lenders typically ask for an amount of coin that is higher than the loan to cover for the possible volatility of the coins.

85k dogecoins are not low according to the amount of loan i want to borrow, i wanted to borrow 0.03btc and i just checked on yobit.net and i'm getting 0.039 btc for my 85k dogecoins.

you can dump your doge for bitcoin and avoid wasting time with collateral and interest, because in the end i doubt doge will "swings" too much, you will not nothing from the unstability

if what you need to do require a low amount of time
legendary
Activity: 2380
Merit: 1048
January 24, 2016, 07:55:37 AM
#37
Poloniex is a really good exchange, yobit promotes ipos.
hero member
Activity: 756
Merit: 500
January 24, 2016, 07:50:09 AM
#36
okay. Thank You eveyone. I have a account on dogechain.info with 85k dogecoins, i will give that as a collateral today and will take a loan of 0.03btc Smiley will repay it aftr 5-6 days. I wish my request won't be rejected.

Why not exchange you dogecoins into bitcoin than take a loan. the problem is, is it worth take your 85k dogecoins into collateral ? because you need collateral that really worth like bitcointalk account.
Users usually use alt coins as collateral to keep the coins in their original value instead of exchanging it back for lesser coins down the road. 85k dogecoins are certainly too low to be used as a collateral. Lenders typically ask for an amount of coin that is higher than the loan to cover for the possible volatility of the coins.

85k dogecoins are not low according to the amount of loan i want to borrow, i wanted to borrow 0.03btc and i just checked on yobit.net and i'm getting 0.039 btc for my 85k dogecoins.
legendary
Activity: 3038
Merit: 4418
Crypto Swap Exchange
January 24, 2016, 07:45:08 AM
#35
okay. Thank You eveyone. I have a account on dogechain.info with 85k dogecoins, i will give that as a collateral today and will take a loan of 0.03btc Smiley will repay it aftr 5-6 days. I wish my request won't be rejected.

Why not exchange you dogecoins into bitcoin than take a loan. the problem is, is it worth take your 85k dogecoins into collateral ? because you need collateral that really worth like bitcointalk account.
Users usually use alt coins as collateral to keep the coins in their original value instead of exchanging it back for lesser coins down the road. 85k dogecoins are certainly too low to be used as a collateral. Lenders typically ask for an amount of coin that is higher than the loan to cover for the possible volatility of the coins.
full member
Activity: 182
Merit: 100
January 24, 2016, 06:53:17 AM
#34
okay. Thank You eveyone. I have a account on dogechain.info with 85k dogecoins, i will give that as a collateral today and will take a loan of 0.03btc Smiley will repay it aftr 5-6 days. I wish my request won't be rejected.
The guy up is right, selling dogecoin and buying it back will have possibly a smaller loss than paying a commission unless you looking for trust farming.

Ahan.. So where should i sell my dogecoins and buy bitcoins? i have no idea about these things. suggestions needed.
You can try to trade at yobit.net. Personally I have never traded there but I think their site is good. Currently I am in their signature campaign and haven't had any big issues, so I recommend you to try.
hero member
Activity: 910
Merit: 1000
January 24, 2016, 06:50:30 AM
#33
okay. Thank You eveyone. I have a account on dogechain.info with 85k dogecoins, i will give that as a collateral today and will take a loan of 0.03btc Smiley will repay it aftr 5-6 days. I wish my request won't be rejected.
The guy up is right, selling dogecoin and buying it back will have possibly a smaller loss than paying a commission unless you looking for trust farming.

Ahan.. So where should i sell my dogecoins and buy bitcoins? i have no idea about these things. suggestions needed.

there are lots of exchange site to sell your dogecoins to bitcoins, try these

https://poloniex.com/
http://yobit.net/
https://shapeshift.io/
hero member
Activity: 756
Merit: 500
January 24, 2016, 06:25:15 AM
#32
okay. Thank You eveyone. I have a account on dogechain.info with 85k dogecoins, i will give that as a collateral today and will take a loan of 0.03btc Smiley will repay it aftr 5-6 days. I wish my request won't be rejected.
The guy up is right, selling dogecoin and buying it back will have possibly a smaller loss than paying a commission unless you looking for trust farming.

Ahan.. So where should i sell my dogecoins and buy bitcoins? i have no idea about these things. suggestions needed.
legendary
Activity: 2380
Merit: 1048
January 24, 2016, 05:53:11 AM
#31
okay. Thank You eveyone. I have a account on dogechain.info with 85k dogecoins, i will give that as a collateral today and will take a loan of 0.03btc Smiley will repay it aftr 5-6 days. I wish my request won't be rejected.
The guy up is right, selling dogecoin and buying it back will have possibly a smaller loss than paying a commission unless you looking for trust farming.
sr. member
Activity: 434
Merit: 250
January 24, 2016, 05:50:33 AM
#30
okay. Thank You eveyone. I have a account on dogechain.info with 85k dogecoins, i will give that as a collateral today and will take a loan of 0.03btc Smiley will repay it aftr 5-6 days. I wish my request won't be rejected.

Why not exchange you dogecoins into bitcoin than take a loan. the problem is, is it worth take your 85k dogecoins into collateral ? because you need collateral that really worth like bitcointalk account.
hero member
Activity: 756
Merit: 500
January 24, 2016, 04:41:07 AM
#29
okay. Thank You eveyone. I have a account on dogechain.info with 85k dogecoins, i will give that as a collateral today and will take a loan of 0.03btc Smiley will repay it aftr 5-6 days. I wish my request won't be rejected.
full member
Activity: 160
Merit: 100
January 24, 2016, 02:26:01 AM
#28
Easy. Marketplace -> Lending -> Create new thread.
In reality, you'll need to offer valid collateral that's around 110-120% of the loan amount. If the person isn't a trusted lender, you'll need an escrow to hold the collateral for you while the loan is active. If you default (don't pay back) on the loan, the lender has the right to sell your collateral in hope of making the money you stole + some extra back for the trouble. Asking for a ridiculous amount never works unless you're as trusted as those legendary members with 500000000 green trust.
hero member
Activity: 770
Merit: 500
January 24, 2016, 02:23:55 AM
#27
Hi.
Will someone explain to me if what's the procedure of getting a loan in bitcointalk.org?
And what i will need for borrowing a loan?

You have to visit the lending section in this forum, posting your thread with your asked amount to borrow, and also the collateral (try providing a valid collateral) and the repayment date, and then some members will reply you and making this loan successful
I agree with you. The most important parts are when you will repay the loan and what is the collateral which must be suitable with the amount you borrowed. Asking for a loan without collateral as a newbie here will get you flagged as a scammer nearly instant!
legendary
Activity: 1456
Merit: 1000
January 24, 2016, 02:01:35 AM
#26
Hi.
Will someone explain to me if what's the procedure of getting a loan in bitcointalk.org?
And what i will need for borrowing a loan?

You have to visit the lending section in this forum, posting your thread with your asked amount to borrow, and also the collateral (try providing a valid collateral) and the repayment date, and then some members will reply you and making this loan successful

The problem is most don't seem to have collateral that is worth while.  If they had the full amount for collateral most would not need a loan.  And truth is to many new accounts come to site thinking they can get a loan invest it and make easy profit.

Truth is bitcoin is not a get rich quick scheme. A important thing I don't see is OP what are you wanting loan for?
hero member
Activity: 742
Merit: 500
January 23, 2016, 03:01:02 PM
#25
Hi.
Will someone explain to me if what's the procedure of getting a loan in bitcointalk.org?
And what i will need for borrowing a loan?

You have to visit the lending section in this forum, posting your thread with your asked amount to borrow, and also the collateral (try providing a valid collateral) and the repayment date, and then some members will reply you and making this loan successful
legendary
Activity: 1274
Merit: 1001
January 23, 2016, 07:42:03 AM
#24
Hi.
Will someone explain to me if what's the procedure of getting a loan in bitcointalk.org?
And what i will need for borrowing a loan?

Since your account still new, it's quite difficult to get the loan since many newbie trying to scam these day.
Try to gain some trust by trading or make something helpfull and then request reasonable loan so people will no doubt give loan out for you
legendary
Activity: 1120
Merit: 1001
January 23, 2016, 07:37:45 AM
#23
You only need to do two things to successfully get a loan from bitcointalk.
First you must have a valid collateral with a stable value of at least 120% and another is of course you have to create a loan post  Tongue
Being a newbie doesn't mean you can't get loan. You must have a valid collateral for that
legendary
Activity: 1596
Merit: 1027
January 22, 2016, 02:07:31 PM
#22
You will need to go to the services poll and find someone who is willing to loan. I take it that you must meet some requirements to be able to access a loan.
hero member
Activity: 756
Merit: 500
January 22, 2016, 12:06:07 PM
#21
I guess i should not apply for a loan now as i have a rank newbie.
Thanks for the help everyone.
i will suggest you,to try get loan from trusted people on this forum,yes people who can trust you with your rank,or maybe out from this forum,you can try to chat on xotika.tv and find someone trust you and can trusted by yourself,goodluck.

Yeah Smiley thanks for suggestion.
But i actually think after looking at reactions on my post that no one with my rank will trust me. I should give it up for now and wait for sometime so i may dont need the loan in coming time.

yeah better build your account, then be able to join the signature campaign and do not try to loan just to play gambling.

Lol  Grin i will join a sign campaign but i dont like taking risks like gambling anymore. Thanks anyway.
legendary
Activity: 1302
Merit: 1027
January 22, 2016, 11:05:17 AM
#20
I guess i should not apply for a loan now as i have a rank newbie.
Thanks for the help everyone.
i will suggest you,to try get loan from trusted people on this forum,yes people who can trust you with your rank,or maybe out from this forum,you can try to chat on xotika.tv and find someone trust you and can trusted by yourself,goodluck.

Yeah Smiley thanks for suggestion.
But i actually think after looking at reactions on my post that no one with my rank will trust me. I should give it up for now and wait for sometime so i may dont need the loan in coming time.

perfectly said, first you go through the forum and understand the each and every section, when you get you rank position upgraded to Jr. Member then try to go in signature campaign and start earning through post in the topic properly dont spam for campaign posts. In this forum every 14th day their is a rank upgradation so take care. dont go for any loan until you are in need.
legendary
Activity: 1232
Merit: 1000
January 22, 2016, 11:01:51 AM
#19
I guess i should not apply for a loan now as i have a rank newbie.
Thanks for the help everyone.
i will suggest you,to try get loan from trusted people on this forum,yes people who can trust you with your rank,or maybe out from this forum,you can try to chat on xotika.tv and find someone trust you and can trusted by yourself,goodluck.

Yeah Smiley thanks for suggestion.
But i actually think after looking at reactions on my post that no one with my rank will trust me. I should give it up for now and wait for sometime so i may dont need the loan in coming time.

yeah better build your account, then be able to join the signature campaign and do not try to loan just to play gambling.
hero member
Activity: 756
Merit: 500
January 22, 2016, 10:49:08 AM
#18
I guess i should not apply for a loan now as i have a rank newbie.
Thanks for the help everyone.
i will suggest you,to try get loan from trusted people on this forum,yes people who can trust you with your rank,or maybe out from this forum,you can try to chat on xotika.tv and find someone trust you and can trusted by yourself,goodluck.

Yeah Smiley thanks for suggestion.
But i actually think after looking at reactions on my post that no one with my rank will trust me. I should give it up for now and wait for sometime so i may dont need the loan in coming time.
hero member
Activity: 1050
Merit: 502
January 22, 2016, 09:55:08 AM
#17
Well from what I have read on this forum it is a must for a newbie such as yourself to provide appropriate collateral when requesting a loan. Proper collateral is considered Alt-coins ect. When you have been around for awhile some members would be a lot more likely to be more lenient when it comes to collateral. Good Luck to you.
legendary
Activity: 2674
Merit: 1048
January 22, 2016, 09:50:13 AM
#16
I guess i should not apply for a loan now as i have a rank newbie.
Thanks for the help everyone.
i will suggest you,to try get loan from trusted people on this forum,yes people who can trust you with your rank,or maybe out from this forum,you can try to chat on xotika.tv and find someone trust you and can trusted by yourself,goodluck.
hero member
Activity: 756
Merit: 500
January 22, 2016, 02:57:29 AM
#15
I guess i should not apply for a loan now as i have a rank newbie.
Thanks for the help everyone.
legendary
Activity: 3248
Merit: 1072
January 22, 2016, 02:54:41 AM
#14
be careful if your account is still newbie and try to get a loan, you can get a negative trust.

only because you do not offer a valid collateral, otherwise there is no reason for them to put a negative trust on you

valid collateral are account here or altcoin, in the top 10 for example, not random account of other forum or steam account or stolen key from microsoft...
hero member
Activity: 770
Merit: 500
January 21, 2016, 12:20:23 PM
#13
be careful if your account is still newbie and try to get a loan, you can get a negative trust.
This will happen for sure by some DT or by some other members.

You can also prevent from getting negative rep. by providing a valid collateral. If you don't have, better don't ask for loans.
hero member
Activity: 966
Merit: 501
January 21, 2016, 12:17:09 PM
#12
Hi.
Will someone explain to me if what's the procedure of getting a loan in bitcointalk.org?
And what i will need for borrowing a loan?

You can go to Marketplace > Lending section , there are many users who are offering loans. You should have something for Collateral and also your account should be worth to get a loan, otherwise they will reject your loan. You also required to sign a message confirming that you are borrowing money for Collateral, I hope this will help you.
legendary
Activity: 3346
Merit: 1618
#1 VIP Crypto Casino
January 21, 2016, 11:58:50 AM
#11
be careful if your account is still newbie and try to get a loan, you can get a negative trust.

I see this happen a lot. It's weird people get loans for such small amounts too. I think people loan to gamble, lose it & then can't pay back so get red trust.

I guess loan beggers are maybe young guys without a job?
legendary
Activity: 1554
Merit: 1014
January 21, 2016, 11:52:09 AM
#10
be careful if your account is still newbie and try to get a loan, you can get a negative trust.
legendary
Activity: 980
Merit: 1000
January 21, 2016, 10:14:53 AM
#9
you should have a good collateral for do it because you're still newbie here nobody will give you a loan if you do not have a collateral and never asking

loan without collateral because if you do it your account will get negative trust
hero member
Activity: 532
Merit: 500
January 21, 2016, 08:24:34 AM
#8
newbie quite difficult to get a loan, because they will be suspected scammer.
at least you have an account that is worth to be collateral, because your account is still a newbie, usually accounts could be collateral.
legendary
Activity: 3472
Merit: 10611
January 21, 2016, 07:44:32 AM
#7
all the information you will need is available in the lending section.

just a word of advice, if you don't want to get negative reputation, then do NOT ask for a loan WITHOUT collateral. because people will assume it is scam (it happens more than you think) and will give you negative reputation.
legendary
Activity: 1302
Merit: 1025
January 21, 2016, 07:29:45 AM
#6
Hi.
Will someone explain to me if what's the procedure of getting a loan in bitcointalk.org?
And what i will need for borrowing a loan?

You will need a valid collateral with a  120% value from your loan amount.
Do not attempt to get a loan without a collateral or you will risk your account a red tag.
Post a request here:  
Lending section

List of valid collateral here:
No Collateral, No loan
hero member
Activity: 574
Merit: 500
January 21, 2016, 07:17:02 AM
#5
You need a valid collateral and not a collateral that you are trying to sell because if they knew, you would get a negative feedback immediately.
sr. member
Activity: 406
Merit: 250
January 21, 2016, 05:48:51 AM
#4
Hi.
Will someone explain to me if what's the procedure of getting a loan in bitcointalk.org?
And what i will need for borrowing a loan?

You need collateral for borrowing a loan. and people usually loan his account to get a loan, more higher rank account that you have, you will get more amount of loan.
legendary
Activity: 3556
Merit: 9709
#1 VIP Crypto Casino
January 21, 2016, 04:52:55 AM
#3
Hi.
Will someone explain to me if what's the procedure of getting a loan in bitcointalk.org?
And what i will need for borrowing a loan?

You'll need to use escrow &/or provide collateral getting a loan with a newbie account. There have just been way too many people get scammed by noob accounts.
copper member
Activity: 1498
Merit: 1562
No I dont escrow anymore.
January 21, 2016, 04:46:41 AM
#2
Hi.
Will someone explain to me if what's the procedure of getting a loan in bitcointalk.org?
And what i will need for borrowing a loan?

Post in the lending section, have collateral. The section has a sticky to help you understand what is considered valid and what is not.
hero member
Activity: 756
Merit: 500
January 21, 2016, 04:44:01 AM
#1
Hi.
Will someone explain to me if what's the procedure of getting a loan in bitcointalk.org?
And what i will need for borrowing a loan?
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