Topic: LF Loan - 2 btc, 2 months max, repay 2.5 btc I have collateral - UK (Read 494 times)

Well, As said in the OP I would like an escrow or some lender I can deal with directly to be nearby (< 30 mile) where I can drive to drop off any stuff (as it is quite bulky) There is other bits I can throw in to put up price. Xbox One for example or other handheld consoles.

I don't really want to go down a payday loan route (as soon as other creditors see that on your credit file, they wont lend to you anymore) So it kinda ruins your credit.

I understand where you are coming from, however the collateral you are providing does not have enough value for a 2 BTC loan, unless I am missing something with the computer.  Next issue you have is that you will need to send the collateral to someone to hold while you are paying back the loan.  I do not know if this fits your needs at this time.  Good luck with this all.

Its not about how much I am paying back, Money isn't really a problem to me on a normal month. I would rather pay someone who can use it than a corporation.

Also to get 3% - 4% you need to be a middle aged man with perfect credit. I get around 12% being 29 and good credit. Most loans have early payback charges also and you cant just get one for 2 months unless I get a payday loan which will mess my credit up and cost me just as much as a BTC loan.

As far as I know the interest rates in the UK are like 3-4%/year, but you insist to receive a BTC loan with 25% interest for 2 months?

Hi All,

I am looking for a 2 BTC Loan, Source of payback will be my monthly salary of ~£2400.

Amount

2.0 BTC - This can be variable if you can offer me a little less, I just need enough to pay for rent (£625) and council tax (£112) really. Happy to come to an agreement for a different amount or multiple lenders and give my collateral to escrow

Schedule

1st October 2016 - 1.25 BTC Payback
1st November 2016 - 1.25 BTC Payback

Reason

I was contracted out by my job a few months back to do work for one of our customers. They have yet to pay my job for my salary to be paid. This month I only received £172 because of tax relief - Shit timing as I'm going on Holiday this month to Spain.

I will be getting normal salary next month and there onward plus I will get my salary for this month at some point. I could get a loan from a bank but I don't really need it for that long and I would rather a corporation didn't take any profit, I would rather give my profit to a lender who is a individual.

Collateral

I have lots of bits, Not a single Item.

My Computer: Custom Gaming PC, 16GB RAM, AMD 4350 CPU, Graphics Card - AMD Radeon R9 290x, Asus Sabertooth Mobo, Water Cooling
~£600

TomTom Go 6100 ~£300 New, £250 Second Hand.

I can add more bits until loan is paid if you require.

Notes

I'm in South West (Wilts), UK and would rather give to someone who is nearby or I can drive to as sending the stuff will cost a fortune.

Regards,

icanscript.