Topic: [LIST] Bitcointalk's Lending Services [LIST] (Read 2713 times)

This is a list of lending services, I don't think your PR service fits in.

Not to mention, your account is ranked too low for me to consider adding you in any event.

How can I add my PR service to this list?

I have access to 2000+ media around the globe, specializing in the Asian market.
My pricing can beat the best providers on bitcointalk.

Similarly, my micro lightning loans thread is now locked and won't be reopening until about March 2022 at the earliest.

Closed.

Updated.

Hey DireWolf,

You might want to remove OSS from the list as he mentioned that he's no longer servicing loans.

I agree that it is the most appropriate word for this. Thank you, DW and BTCe safe.

Okay, I updated the OP with your new rates, and I changed your collateral column policy indicator to "Optional" which more closely describes your policies I think.  

Well, I think it's fine thank you. Also collateral is not required but only for trusted and reputable members like yourself (among others ofc).

No problem, please help me understand all that's change.  Does this look right:

condoras

|| Required

|| 7.5% / 7 Days

|| 1.071% / Day

|| 25-AUG-2016

|| CONDORAS SERVICE

Hey DW, I think that you need to update the list (again). At least for my service...

Update on my LN lending thread:


More information will be posted in the thread: Timelord2067's Timely Test & Main-neT LighTning Loans to a "T" in 2020

Ohh I didn't know I was the first one to offer loan and still active 

OP list has been updated.

Due to issues with stability of LN wallet on Android I have closed my LN lending thread for the duration with no re-opening time-frame.

Thank you for listing my loan service here. Appreciated

Fixed.  Sorry for the oversight, @jackg.

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I also updated the OP to include a couple of lenders, one old and one new.  @irfan_pak10, welcome back.  @magneto, welcome to the list.  Best of luck to both of you.

Lender	|| Collateral	|| Interest Rate	|| Daily Std IR	|| Inception Date	|| Lending Thread Title
irfan_pak10	|| Optional	|| 0% /	|| 0% / Day	|| 8-MAR-2015	|| Offering Micro Loan
magneto	|| Optional	||	||	|| 29-JAN-2020	|| magneto's lending service

Have you added jackg's Free Lightning Tests - https://bitcointalksearch.org/topic/free-lightning-tests-5186778 ?? (that's the third (that I know of) Lightning Node lender)

No worries, man.  I figured this is where you meant to post  it right after I pm'd you.

I meant to post this in this thread:


but instead posted in the wrong thread.

I am soooOOo sorry DireWolfM14 - I made a blunder which thread I was posting in. (grovel)

I have succumb to the pressure as well.  I'm also charging 0.1% daily for collateralized loans, and 0.33% for non collateralized loans.  


That's the problem with the non collateralized loans, they need to provide incentive to the lender to take the risk, and they must remain profitable despite the occasional default.  You've done a pretty good job weeding out the deadbeats, and I've had a good run as well.  Even with one default I made a reasonable return in the given time frame I've been offering loans.  

When offering non collateralized loans the lender's security is really up to the lender.  Diligence in researching your client is key, and therefore non collateralized loans require more time invested.  Another legitimate reason the lender can expect them to be more profitable.  And the lender really owe's it to his trustworthy clients to keep his defaults to a minimum so he can keep his rates reasonable.  

I've been using a checklist to expedite the process, while still investigating a potential borrower thoroughly.  The checklist is always in progress, and I've been thinking about adding values to certain member attributes to help generate a sort of "credit score."  My plan is formulating a "risk" level to help calculate a reasonable, but not too risky amount to lend.  As I get better at spotting riskier borrowers, and I could mitigate the risk of non collateralized loans, lowering rates would be an obvious next step.

I like seeing this competition 
We really need better no collateral lending options. I think shasan was the main lender prior to my entry into the market again. shasan took on much larger risks and as a result, the more trustworthy users had to pay a higher rate to essentially pay for the defaults of the risker users. I still think that someone could make a profit charging lower rates than what I'm currently charging.

I've matched jbdee for general collateralized loans (no 'loyalty' required). I don't really want to enter a rate war on that front.

Haha, I'm not starting a war (I hope so), I put the same rate as the DarkStar_'s rate in this thread  
Lenders offer different service(s), by example some lenders offer higher rate but without collateral, some pay the transfer fee, etc etc.
And as I can see here, some borrowers just ask the member they trust/like the most, they don't really mind the rate...

The lending board used be such a friendly place, where lenders respected one another and all was just and fair in Bitcoinlandia.  Then the neophyte challenged the lending legend by advertising a rate so low the internet broke.  And so begin the Rate Wars.

I updated my rates and some conditions/rules, also added FIAT currencies:
https://bitcointalksearch.org/topic/lending-service-lowest-interest-loans-003day-crypto-fiat-5146331

I match the lowest rate now!

DireWolfM14, yes I meant DarkStar_, wrong copy/paste  

DarkStar_, Csmiami doesn't seem to offer 0.05%, in fact I didn't see any of his loan with that rate.
So, except for the one offering 0% loan, you have the lowest rate, I'll have to lower my rate then  

Edit: Or you'll have to increase yours 

Fixed, thanks.

It still seems to be there.
Side note: Is 0.05%/daily still an option from Csmiami? I'm claiming the lowest rate at the moment but if it's publicly offered by him for specific loan requests, I'll edit my thread title.

Yep.  I removed his rate since it's variable.  There are other members who leave it up to the borrower for religious reasons, so I leave theirs blank.  


I think you mean DarkStar_, but yes the lowest possible interest rate is all I care to "advertise."


Yep, right again.  Revised.

By example:
Csmiami says in his thread "Interest rate will be personal, since lately I'm using one for each loan", and in his loans history, you can check the rate, it is not 0.05% per day.

DireWolfM14 offers 0.10%/day only if you already took at loan at 0.13%/day or more, it is ambiguous, but I guess you are writing the lowest rate of the lender's thread, else you would have to write all the rates and it'll give you headaches.

ChrisPop, you set his highest rate in your thread, but he has also 0.75% for 2 days, which is lower than 3% for 7 days.

You are mistaken about the interest rate of some lenders, right?

It wasn't an accusation against you, please don't take it that way.  It was an explanation of the reasons behind my decision.  I noticed that you are accepting of escrow for your collateral, that's commendable. 

Best of luck with your venture.

No problem, your rules.
But you should not say this to me:

Because I'm accepting Escrow services, and my thread is not sketchy.
Do not compare me to those scammers, my account status is "newbie" but I'm not new here, and also I have another account from 2014 (but it has been desactivated because of the Bitcointalk hack in 2015, I'm trying to get it back).
Anyway, I'll be more active to get my member status and match your conditions

No thank you. 

Before you read this:

You must have read this:

---

You must understand, there are a lot of would-be collateral scams by so-called "lenders" attempting to take advantage of a borrower.  Almost always those attempts are carried out by newbie accounts.  I will not facilitate the promotion of such attempts. 

Furthermore, this is my thread, my list, my rules.  I am under no obligation to add anyone.  So, sorry jbdee, the answer is no.  I will add you to the list once you've ranked up to member and haven't provided a compelling reason not to add you.

Hi,
I just added my lending service topic:
https://bitcointalksearch.org/topic/lending-service-lowest-interest-loans-003day-crypto-fiat-5146331

If you can add it to the list please 

i saw recently there are a few lenders that got banned and their service comes to pause, so i think it will be good if you add that in the list?

Alright!  The lending leader, DarkStar_ is now offering no-collateral loans.
I've updated the table in the OP to reflect the change in policy.



That's how I had the table set up initially, but some one suggested listing the interest rates the way the lenders described them in their respective threads.  I can add another column with a standardized interest rates.  Maybe I'll shrink the thread titles to something standardized as well, just to keep the table compact.


ETA: I made some changes to the table in the OP.  Please don't hesitate to make a suggestion.

I've 'rebranded' and now offer no collateral loans again. These are my rates for no collateral loans:

---

Have you considered putting a standardized lowest rate (perhaps in monthly/daily interest rate)? It would make it easier to compare.

ChrisPop changed his terms, and so I've updated the OP.

👍

Thanks for the offer.  I have all the info in an excel table that's pretty easy to manage.  I also created a spreadsheet that writes the BB code for the table so I can just copy and paste when an updates are needed.  I use Access everyday, and to be honest I prefer to avoid it as often as possible.

Nice table, I can try to make a database for you in MS Access for free if you like and if I can do it, so you will have no problems. I can write queries to make the database easier to find what you want. Know that it has been sometime I haven't worked in access as I have been working on my Cisco,CompTIA and Microsoft certifications but I think I can do something good if I can.Cheers.

Collateral should be not require.
Interest should be 0 instead of keeping it as blank.

Maybe they cashed out ATH, and are sipping piña coladas in the Bahamas.  One would hope that's the case, anyway.

It's also fascinating how many services popped up in the last two months alone. 

Fair enough. It's really interesting how there aren't any listed services with a thread from 2017. I wonder what happened to all the lenders from that period of time...

Noted.  For accuracy's sake I'd rather leave the inception date pertinent to your current thread.  I hope you're okay with that.



Fixed.

I think "Inception Date" should remain the same as op mentioned as the previous thread has been locked but interest rate should be updated according to DarkStar_'s (your) actual interest rate ( 0.10%/day).

Technically I started January 24, 2016 and the new thread is because of a 'rebranding'. Not sure if that qualifies but it's worth mentioning. Also, I've lowered my lowest rate to 0.10%/day.

I made some changes to the interest rate column to make it more representative of the lenders' actual policies.  Sorry, I have this habit of trying to get numbers represented in the same units, i.e. days in this case.



I didn't want to include all interest rates made available, that would make the table too busy in my opinion.  So I only included the lowest possible rate.



Condoras also offers 13% for 20 days, or 0.65%.



Fixed.



Fixed.



Both fixed.

I guess the interest varies and there are factors that lenders consider before they approve the loan. Example is a non-collateral loan from a Legendary member that is very active in this forum versus a non-collateral loan from a Legendary member that is not active (in replying and in discussions) but known in this forum. Maybe both loans will be approved but interest will be different because of the risk involve.

And that person's last login on bitcointalk more than 3 months ago. So, I think the person left the forum and also stopped lending business.

i think you should remove Aengus from this list, because if you visit the thread and it says that we need to contact him through telegram @EdMiroslav
you will not found any account with that username, so i think it seems he already closed the service without announcing it in that thread

I wasn't implying that you had any thing to say about zazarb's rating.  I was just noting that my arbitrary policy is to exclude any one with a negative rating, not necessarily anyone with a negative review.  I just wanted to clarify that.

Who told you zazarb is a risky lender? And the point you quoted is not for zazarb or someone who received negative trust but not showing "trade with extreme caution". I tried to make a correction that person whom post I quoted. And I think your list has no error.

I noticed zazarb received a negative review from Lauda a couple of months ago, but his overall rating is ???: -1 / +23, which officially is a neutral rating.  I don't think he's a risky lender, so I think he deserves to be left on.

Having said that, this thread isn't a dictatorship.  If you folks want to see changes to the list, data added or removed, lenders added or removed, changes to the inclusion policy, whatever, please speak up.

Hey man you ahve missed something or you have not read the OP. On Op it is mentioned that to be included must be member and higher and also will not be included if it has any negative trust.

I didn't miss him, I just don't want to include newbies or Jr. members in the list.  Even though I've clearly said that it's not an endorsement, I don't want to leave people vulnerable.  If he's a legitimate lender, he'll likely rank up in no time and I'll add him then.

I guess you missed to add this guy, he only started April 19 unless you only place a lender who already gave a loan to a user here. This guy has none yet as of this moment.

teck28

|| Required

||

|| New Lending Service

I'll work on that, but note the list is organized with the oldest services listed first.  I'm using excel to create the table, and it wants to post dates as a numeric value.  Frustrating, but I have a work around.  I'll implement it when I have time.

Can you add a column that says when they started their lending service or giving out loans? This way it would help those who plans to borrow to determine knows who are in this business and if they plan to borrow they are confident that their collateral (if they will use one) will be safe. I wouldn't send any collateral to those who are new and without any trade history.

Bitcointalk.org's List of Lenders:

Lender	|| Collateral	|| Interest Rate	|| Daily Std IR	|| Inception Date	|| Lending Thread Title
irfan_pak10	|| Optional	|| 0% /	|| 0% / Day	|| 8-MAR-2015	|| Offering Micro Loan
zazarb	|| Required	||	||	|| 24-AUG-2015	|| zazarb's Loans
condoras	|| Required	|| 13% / 20 Days	|| 0.65% / Day	|| 25-AUG-2016	|| CONDORAS SERVICE
Csmiami	|| Required	||	||	|| 4-MAR-2018	|| Csmiami's Loan service
DarkStar_	|| Optional	|| 0.1% / Day	|| 0.1% / Day	|| 2-APR-2018	|| DarkStar's Loans
tracyspacy	|| Required	|| 25% / 29+ Days	|| 0.862% / Day	|| 18-JUL-2018	|| Tracyspacy BITCOIN LOANS
shasan	|| Optional	||	||	|| 16-SEP-2018	|| Shasan Lending Service
Parodium	|| Required	|| 5% / Month	|| 0.167% / Day	|| 14-MAR-2019	|| Parodium's Large Loan Service
Lassie	|| Optional	||	||	|| 21-MAR-2019	|| Lassie's Lending Service
LimLims	|| Optional	|| 0.5% / Day	|| 0.5% / Day	|| 29-MAR-2019	|| LimLims Lending Service
DireWolfM14	|| Optional	|| 0.1% / Day	|| 0.1% / Day	|| 16-APR-2019	|| DireWolfM14's Lending Service
ChrisPop	|| Required	|| 0.075% / Day	|| 0.075% / Day	|| 22-APR-2019	|| Pop's Short Term Loans
OmegaStarScream	|| Not Required	|| 0% / 10 Days	|| 0% / Day	|| 30-APR-2019	|| OmegaStarScream's Lending service
jbdee	|| Required	|| 3% / 30 Days	|| 0.1% / Day	|| 22-MAY-2019	|| Lending Service
LoyceV	|| Not Required	|| 1% / 7 Days	|| 0.143% / Day	|| 2-JUN-2019	|| Little Lightning Loans
Timelord2067	|| Not Required	|| 0% / 24 Hours	|| 0% / Day	|| 12-SEP-2019	|| Timely Test Lightning Loans
jackg	|| Not Required	|| 0% / 7 Days	|| 0% / Day	|| 22-SEP-2019	|| Free lightning tests
Royse777	|| Optional	||	||	|| 12-OCT-2019	|| Greedy Bitcoiner Lending Service
magneto	|| Optional	||	||	|| 29-JAN-2020	|| magneto's lending service
Bitcoinsummoner	|| Not Required	||	||	|| 24-APR-2020	|| No Interest small loan service

---

---

Disclaimer:

• This is not an endorsement, and the OP assumes no responsibility for any deal made with the lenders listed herein.
• Ensuring the safety of the borrower is the sole responsibility of the borrower.
• By using this list the borrower assumes all risk inherent in requesting a loan.
• Requesting a loan does not guaranty approval.
• The lowest advertised daily interest rate listed herein may not represent the rate for which you qualify.
• The list is organized by the age of the lender's thread, oldest first.

---

Inclusion:

To be included in this list you must be Member rank or higher, and have neutral or positive trust.  I will not include Newbies, Jr. Members, or any member who has a negative DT trust rating.  If you would like to be included in this list please create a lending thread, include some terms and conditions of your services, and post a link to that thread here.  If I missed your lending thread and you meet the above criteria, it was merely an oversight on my part, and I extend my apologies.

If you wish to be excluded from this list please let me know by posting here or send a PM.

If any of the above information is inaccurate please post here with any corrections you would like me to make, or send me a PM.

---

Resources:

Education:
[EDU] EXERCISE CAUTION WHEN LENDING TO USERS!
[EDU] The Rule of "No Collateral, No Loan" - IGNORE AT YOUR OWN RISK!
What is considered collateral?

Escrow Providers:
Escrow Providers

Other Resources:
How to sign a message?!
Stake your Bitcoin address here