Author

Topic: Lines of Credit? (Read 951 times)

full member
Activity: 154
Merit: 102
Bitcoin!
February 06, 2012, 09:57:30 AM
#5
meme confusion?
donator
Activity: 392
Merit: 252
February 06, 2012, 03:20:02 AM
#4
member
Activity: 77
Merit: 10
February 03, 2012, 06:04:24 PM
#3
Yeah, I think I'll start small. Hopefully I won't be risking too much.
legendary
Activity: 1400
Merit: 1005
February 03, 2012, 03:43:56 PM
#2
I think it's a good idea, but I'm not interested myself.  Never planning on taking out another loan again.  Debt sucks.

FWIW, the only way I would ever lend Bitcoins to anyone is if a) it was a secured loan or b) I could see their credit report/history.
member
Activity: 77
Merit: 10
February 03, 2012, 03:39:49 PM
#1
Would anyone be interested in doing lines of credit? When I launch my site, BtcBuckets.com, the site will be able to automatically deduct interest payments based on how much money you've borrowed.

I figure this will reduce the need to keep taking out new loans and you only pay interest on what you actually take out. With my site, anyone can be a lender to offer credit.
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