LOAN 0.1 - COLLATERAL | Bitcointalksearch.org

Magic8Ball

legendary

Activity: 1050

Merit: 1000

Quote from: LegendaryGuy on December 25, 2014, 04:24:08 PM

Hi, i need 0.1 loan, because i need to purchase gift.. in next 4 days i will get my 2nd payment from hashprofit so i can pay it back with 10% interest.
As collateral i can give my personal info ( for example driver license scan ( with me holding it.. ) ), but only to trusted escrow!

You plan to use hashprofit payment to pay off the loan? Keep the hashprofit account as collateral either with the lender or with escrow and you will get the loan easily.

stellar69

full member

Activity: 196

Merit: 100

Quote from: H.W.Z on December 25, 2014, 10:44:29 PM

His identity is worth for the ppl who will take advantage from it! For most of US it is useful. Once the OP defaulted, the only decision we would made was to give u negative trust to ruin ur reputation and take the loss!

He is a newbie, do you think that your negative trusts would do him any harm?
Its better to sell his ID if he defaults.

Argwai96

legendary

Activity: 1036

Merit: 1000

Thug for life!

Quote from: Brewins on December 27, 2014, 04:49:49 AM

Quote from: Argwai96 on December 25, 2014, 10:54:09 PM

Quote from: H.W.Z on December 25, 2014, 10:44:29 PM

His identity is worth for the ppl who will take advantage from it! For most of US it is useful. Once the OP defaulted, the only decision we would made was to give u negative trust to ruin ur reputation and take the loss!

Maybe if the lender is willing to commit identity theft personally and take out a loan in the borrower's name (something that I would strongly recommend against doing)

The documents can be fake ones or from someone else.

Even if you want identity thief him or go in his home and beat him until he gets coma the collateral might be totally useless.

If you know his identity then you could potentially attempt to collect the debt from him personally (finding him and 'beating' him is probably not the best way to collect on the debt - it is probably a better way to end up in jail) as you could get a judgment against him. However above the fact that the identity might not actually be his, the lender has no real way of knowing what income/assets the borrower has with any good amount of certainty so a judgment may very well be worthless

Brewins

legendary

Activity: 1120

Merit: 1000

Quote from: Argwai96 on December 25, 2014, 10:54:09 PM

Quote from: H.W.Z on December 25, 2014, 10:44:29 PM

His identity is worth for the ppl who will take advantage from it! For most of US it is useful. Once the OP defaulted, the only decision we would made was to give u negative trust to ruin ur reputation and take the loss!

Maybe if the lender is willing to commit identity theft personally and take out a loan in the borrower's name (something that I would strongly recommend against doing)

The documents can be fake ones or from someone else.

Even if you want identity thief him or go in his home and beat him until he gets coma the collateral might be totally useless.

letyouearn

legendary

Activity: 1722

Merit: 1014

Easy way to get the loan is just provide the valid collateral like any altcoin and get your loan in no time.

H1N1

full member

Activity: 812

Merit: 100

its hard to sell your collateral identity for cash Tongue

Argwai96

legendary

Activity: 1036

Merit: 1000

Thug for life!

Quote from: Dalyb on December 25, 2014, 04:42:01 PM

hehe, i think anybody can sell his indentity if he don't pay.. and for more then 0.1

I would personally doubt it. From what I have read about the target hack, identities tend to sell for very little on a per identity basis (IDR what the MSM claimed the rates are but I believe it was less then $1 per identity)

Quote from: H.W.Z on December 25, 2014, 10:44:29 PM

His identity is worth for the ppl who will take advantage from it! For most of US it is useful. Once the OP defaulted, the only decision we would made was to give u negative trust to ruin ur reputation and take the loss!

Maybe if the lender is willing to commit identity theft personally and take out a loan in the borrower's name (something that I would strongly recommend against doing)

H.W.Z

hero member

Activity: 574

Merit: 500

His identity is worth for the ppl who will take advantage from it! For most of US it is useful. Once the OP defaulted, the only decision we would made was to give u negative trust to ruin ur reputation and take the loss!

Dalyb

newbie

Activity: 56

Merit: 0

hehe, i think anybody can sell his indentity if he don't pay.. and for more then 0.1

Quickseller

copper member

Activity: 2926

Merit: 2348

Your identification is not collateral. Collateral is something the lender can easily sell in the event that you do not repay. The lender cannot sell your identification/identity for .1

LegendaryGuy

newbie

Activity: 16

Merit: 0

Hi, i need 0.1 loan, because i need to purchase gift.. in next 4 days i will get my 2nd payment from hashprofit so i can pay it back with 10% interest.
As collateral i can give my personal info ( for example driver license scan ( with me holding it.. ) ), but only to trusted escrow!

Topic: LOAN 0.1 - COLLATERAL (Read 773 times)