is my account activity too shitty to start offering loans?

yahoo62278

legendary

Activity: 3626

Merit: 4440

Quote from: KingOfSports on December 22, 2014, 01:44:55 AM

If someone says you are too new to hold their collateral just have an escrow hold onto it for the duration of the loan. Anyone can be a lender.

noone has personally told me im too new to loan or anything. i just saw a guy get neg repped bigtime who was fairly new. i just didnt want same shit happening to me since i have not done 1 bad deal

KingOfSports

hero member

Activity: 602

Merit: 500

Acc bought - used solely for signature testing

If someone says you are too new to hold their collateral just have an escrow hold onto it for the duration of the loan. Anyone can be a lender.

syahrere

sr. member

Activity: 266

Merit: 250

Quote from: yahoo62278 on December 21, 2014, 06:44:18 PM

Quote from: damiano on December 21, 2014, 04:59:20 PM

Quote from: Magic8Ball on December 18, 2014, 05:05:13 AM

Quote from: yahoo62278 on December 18, 2014, 04:29:20 AM

being as its micro loans theres not much colaterral to ask for though correct?

You will still get ripped off for micro loans if you are not careful. Asking for collaterals is your decision.
If you are offering collateral free loans, you are taking the risk so there is no reason for anybody to not seek the loan from you.

OP needs to keep in mind that accounts with green trust are also for sale and could be used in here without anyone really knowing that.

I would only do collateral and escrow at this point

yea thx for the advice. i noticed a few other threads mentioning high ranked acct were sold

good luck bro

yahoo62278

legendary

Activity: 3626

Merit: 4440

Quote from: damiano on December 21, 2014, 04:59:20 PM

Quote from: Magic8Ball on December 18, 2014, 05:05:13 AM

Quote from: yahoo62278 on December 18, 2014, 04:29:20 AM

being as its micro loans theres not much colaterral to ask for though correct?

You will still get ripped off for micro loans if you are not careful. Asking for collaterals is your decision.
If you are offering collateral free loans, you are taking the risk so there is no reason for anybody to not seek the loan from you.

OP needs to keep in mind that accounts with green trust are also for sale and could be used in here without anyone really knowing that.

I would only do collateral and escrow at this point

yea thx for the advice. i noticed a few other threads mentioning high ranked acct were sold

damiano

legendary

Activity: 1246

Merit: 1000

103 days, 21 hours and 10 minutes.

Quote from: Magic8Ball on December 18, 2014, 05:05:13 AM

Quote from: yahoo62278 on December 18, 2014, 04:29:20 AM

being as its micro loans theres not much colaterral to ask for though correct?

You will still get ripped off for micro loans if you are not careful. Asking for collaterals is your decision.
If you are offering collateral free loans, you are taking the risk so there is no reason for anybody to not seek the loan from you.

OP needs to keep in mind that accounts with green trust are also for sale and could be used in here without anyone really knowing that.

I would only do collateral and escrow at this point

puzzel.me

full member

Activity: 210

Merit: 100

Anybody can loan on this forum. I have even seen newbies doing this.
Although please escrow for collaterals.

meghan

newbie

Activity: 6

Merit: 0

I may start one soon , But noaccount is shittywhen you are on the loosing side.

ligeros

full member

Activity: 182

Merit: 100

★Bitin.io★ - Instant Exchange

for me your activity and trust seem to be ok
just use well known escrow to hold collateral (not yourself) and be careful

Magic8Ball

legendary

Activity: 1050

Merit: 1000

Quote from: yahoo62278 on December 18, 2014, 04:29:20 AM

being as its micro loans theres not much colaterral to ask for though correct?

You will still get ripped off for micro loans if you are not careful. Asking for collaterals is your decision.
If you are offering collateral free loans, you are taking the risk so there is no reason for anybody to not seek the loan from you.

yahoo62278

legendary

Activity: 3626

Merit: 4440

being as its micro loans theres not much colaterral to ask for though correct?

Magic8Ball

legendary

Activity: 1050

Merit: 1000

Anybody can give out loans. For accounts with not enough trust it is recommended to use escrow to hold collateral.

yahoo62278

legendary

Activity: 3626

Merit: 4440

i was thinking of starting to offer micro loans to gain me a little interest and to help others out in need here and there. the question is is my rep/account too new to do this?

Topic: is my account activity too shitty to start offering loans? (Read 1151 times)