Topic: KNIGHT & DAY LOAN SERVICE!! - page 31. (Read 40538 times)

The rule of loans is very strict No collateral NO loans i guess it, there are some loans services who apply for sr. Member or more hight collateral are not needed. Do you will apply for same rules? I think it will make your services more famous.

Need a little loan
Loan Amount: 0.02 BTC
Reason for Taking out a Loan:Trading
Amount to be repaid: 0.022BTC
Repayment Date: 1 week
Type of Collateral: sparkprofit account with 11.51$
Bitcoin Address:347ZkmySfjtwqqxAGwcR5YbMQoJyry95q9

Loan Funding Transferred - I will update loan list tomorrow, long night ahead of me.
https://btc.blockr.io/tx/info/ad865aae3afb5807f02dc725b54d3c55f18444f4973c6376622f960c2456c0f5

societynew is my new account to communicate until the loan is repaid and I get back my collateral.

Terms accepted. Thanks for the offer.

Changing my account password now and send the details to you in PM.

BTC Address : 1NoeyAFtg2doXu38qhZGBSeK88e7xTDVvM

I am sorry but I just got off the phone with customer service for the website and they said all you need to do is confirm payment method and numbers and they will give you the account back.  I am sorry this loan is denied.

I will fill the loan as follows:
Loan Amount .07
PayBack amount .077
Payback on or before June 21st, 2016
Late fee for late payback .001 per day.
After 5 days of default, Collateral will become my possession to cover loan payment
Please PM over information for collateral if you accept my terms..

Member Name: nyteo
Loan Amount: 0.6
Loan Reason: Trading
Interest Offered: 0.62
Pay Back Date: June 15, 2016
Collateral Offered: Lifetime Ubot Studio Standard Account Worth of $295 with email connected (https://ubotstudio.com/site/#pricing)

Member Name: coinsocieties
Loan Amount: 0.07 BTC
Loan Reason: Need to travel urgently to near by city to visit my father-in-law
Interest Offered: 0.007 BTC
Pay Back Date: 21 June 2016
Collateral Offered: My bitcointalk account

I am not really understanding what you are trying to pull here?  You never asked me about an unsecured loan and then you post on here to let it go then.  Not a few minutes later I see I have a message and in that PM its states that you are still looking for this loan.  Please explain here, not through PM.

Let it be then. Thank you anyway, cheers!

We spoke, but we never spoke about no collateral.  You will need valid collateral.

Member Name: ChasingCarsEU
Loan Amount: 0.03
Loan Reason: Gambling
Interest Offered: 0.035
Pay Back Date: 1st June
Collateral Offered: None. We've spoke about this before. I'm only requesting a small 0.03 loan with a repay of 0.035 on 1st June. If you can complete this please let me know so I can sign a message for you!

Cheers

Just for all to understand where the value of your physical collateral comes from when asking for a loan from anyone other than a bank:  Here are a few links to the phone the gentleman in this thread claims is worth 1BTC alone as collateral:
http://www.ebay.com/itm/Samsung-Galaxy-S6-edge-SM-G928-32GB-Black-Sapphire-Sprint-Smartphone-/322111451875?hash=item4aff56b2e3:g:NPYAAOSwxehXOrz3
http://www.ebay.com/itm/Samsung-Galaxy-S6-Edge-SM-G925T-32GB-Black-Sapphire-T-Mobile-Smartphone-/222124921826?hash=item33b7ad53e2:g:BOIAAOSwHJhXM7Z9
http://www.ebay.com/itm/Samsung-Galaxy-S6-Edge-SM-G925V-64GB-White-claro-/172209896836?hash=item2818827d84:g:P7cAAOSwlfxXFoyL
http://www.ebay.com/itm/Lenovo-T450-14-1-Laptop-Core-i5-4300U-4GB-RAM-500GB-HDD-20BV000BUS-/111999843475?hash=item1a13b5fc93:g:PEcAAOSwt7pXMQmj
http://www.ebay.com/itm/lenovo-thinkPad-t450-14-core-i5-5200U-8GB-Ram-256GB-SSD-HD-5500-BT-Wi-Fi-/182139026974?hash=item2a6854fe1e:g:KnIAAOSwRjNXN64b
http://www.ebay.com/itm/LENOVO-ThinkPad-T450-14-Laptop-i3-5010U-4GB-Ram-500GB-HDD-Windows-8-1-Warranty-/282043774707?hash=item41ab1e76f3:g:wIIAAOSwHaBWhfMQ
Those are the around about current used selling price. Because the material possession is being used as collateral, and the unit is not being bought to be kept; split the sales price of the item in half.  Why half you ask?  If the loan is defaulted upon, any company who holds something physical as collateral will have to go through the hassle of picturing the item, listing the item for sale, selling the item, paying fees to sell the item and then hope it is not returned to them; all in order to get the original loan amount lent out.  That is not what that company does, they provide loans.  I have been in the pawn business for over 14 years now and this is how it has always been done.

There is nothing wrong with the individual who I used as an example, this is what most people think.  They think if you can buy it for $1,000, you can use it as collateral for $1,000.  That is not how it works.  The point of the collateral is to make sure you pay your obligation and get the item back.  No loan company, including myself, wants the hassle of selling collateral.  I personally agree with the borrower here in that the laptop should sell for more than 1BTC, but I am not willing to use that as collateral for a .6 BTC loan to have to go through the hassle of selling IF the loan is not repaid.

To the borrower, I am glad you found the funding you needed and I am sorry I could not help you.  Thank you for considering me as a loaner for your needs.

bro
this notebook (workstation) is expensive because of its battery life, reliability and advanced data protection features
battery lasts 12 hrs
MORE THAN S FREAKN TABLET
please show me a Galaxy S6 Edge or TP 450 for 200$
not talking for stolen stuff pawned by crack addicts
i ve seen a junkie pawn a synthesizer workstation worth 10 grand for 100$
also the hybrid drive itself costs 500$

so this lazy attempt to convince me should stop
anyway i dont need this anymore
thanks anyway

I am sorry but there needs to be enough to cover the collateral + 10% in order for it to be considered collateral.  Because the new Galaxy S7's are out the one you have is worth about $120 on the wholesale market.  The laptop is worth a bit more at about $200 on the wholesale market.   The loan amount you are asking for is about $270 so the collateral needs to be worth around $300.  I know these units can sell for more on the used market, but I am not into the buying and selling deal, so I wholesale everything off that used for collateral and not paid back.  Let me know if you would like to move forward.

Please identify the account and a ling to the program so I can see if there is a way to secure it for collateral.  I will wait to hear from you.

Need a little loan
Loan Amount: 0.02 BTC
Reason for Taking out a Loan:Trading
Amount to be repaid: 0.022BTC
Repayment Date: 29th may
Type of Collateral: sparkprofit account with 8.58 $
Bitcoin Address:347ZkmySfjtwqqxAGwcR5YbMQoJyry95q9

OK i will send you the laptop write me your shipping details and i will send it asap.
EDIT: For both items i request 1.1BTC
in case you mean that i should use both items as collateral for 0.6 you can forget it
each of the items costs way more than 1 bitcoin, laptop is 4.5 brand new
so yeah - that
edit: mine is with a hybrid drive in raid 1 (mirroring)

I will do this loan with both those as collateral; however, you will have to send one of them to me to hold.  Once they are received, funding will be immediate.  Please PM me for shipping instructions.