Loans too risky? - page 38. | Bitcointalksearch.org

EdenHazard

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Quote from: hajimasan on November 02, 2016, 10:10:48 PM

Quote from: zachmartus on February 24, 2016, 11:13:28 PM

I know that people give out loans but what's up with people no returning what they borrowed?? I want to know this because I might give out loans myself and I want to know what to watch out for... I have ~800 BTC at the moment and would it be a bad idea to start loaning? I bought my BTC back in 2010 mid August January(when it was about $0.07 per BTC) and I noticed the price went up a ton! Also what would be some other way to grow my BTC? Any ideas on what I should do?

Something I should have added my friend was doing something you guys call "mining" I am very knew to the bitcoin world even though I have had them for a long time. I bought these bitcoin from him because he needed to sell them, my financial advisor has told me that the longer I wait the more return I would get so I told him hold the account for 5 years and ill see where I am... So last July I had gotten my account back, did a bunch of research then found you guys. So I came here to post a few posts and for everyone skeptical this is the proof https://gyazo.com/ee99cef712e9b72f03a3e8e870c33624

ofcourse , to take loan is a Risky work .
well here i saw some thread where two people gives and take loan successfully but when i saw the posts of the two user then i saw a similarities that the type pf posting language was same ( so same person making fool to everyone )
well if you take loan then return it into given time of deal .
do everything with honestly , no problem will genrate here .

giving out loan as a way to grow your bitcoin actually not a bad idea at all.

as long as you monitoring and selective in giving out the loan to trusted and well known people only or maybe a person that have enough cllateral to cover the loan in case they are defaulted , risky always there so you don't have to discuss it.

arseaboy

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Quote from: Zadicar on November 02, 2016, 10:43:03 PM

Quote from: sunsilk on November 02, 2016, 10:24:23 PM

Quote from: Sponsoredby15 on November 02, 2016, 09:15:41 AM

Quote from: facepalm on August 30, 2016, 02:05:39 AM

I would only give a loan to a person I know personally.
Everything else must be considered as gambling. I do not do that.

It's pretty obious that loans are too risky and it's always depends on the companies you are going to give some loans but if you are going to give a loan to person you know personally then it is a good thing but sometimes that person always took year's before he will pay you.

Sometimes the person that you know personally is having some instant amnesia and totally forgets the money he loaned from you.

So don't easily trust people when it comes to money, because money can just easily change the attitude of a person.

Trust me, because it already did to me, with my friends.

Thats not an instant amnesia but its actually an intentional to forget the due date of the said loan and maybe the lendor could possibly forgot it too so that they would not pay anymore and thats the reality. Even your closest friends would definitely do this to you how much more onto other people.

Yeah I had the same experience lending money with my friends and even family most of them forgot the money that they'd borrowed.. some keeps promises and even gave a due date but still didn't pay. Lesson learned you can lend money to them but not too much amount.

Zadicar

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Quote from: sunsilk on November 02, 2016, 10:24:23 PM

Quote from: Sponsoredby15 on November 02, 2016, 09:15:41 AM

Quote from: facepalm on August 30, 2016, 02:05:39 AM

I would only give a loan to a person I know personally.
Everything else must be considered as gambling. I do not do that.

It's pretty obious that loans are too risky and it's always depends on the companies you are going to give some loans but if you are going to give a loan to person you know personally then it is a good thing but sometimes that person always took year's before he will pay you.

Sometimes the person that you know personally is having some instant amnesia and totally forgets the money he loaned from you.

So don't easily trust people when it comes to money, because money can just easily change the attitude of a person.

Trust me, because it already did to me, with my friends.

Thats not an instant amnesia but its actually an intentional to forget the due date of the said loan and maybe the lendor could possibly forgot it too so that they would not pay anymore and thats the reality. Even your closest friends would definitely do this to you how much more onto other people.

sunsilk

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Quote from: Sponsoredby15 on November 02, 2016, 09:15:41 AM

Quote from: facepalm on August 30, 2016, 02:05:39 AM

I would only give a loan to a person I know personally.
Everything else must be considered as gambling. I do not do that.

It's pretty obious that loans are too risky and it's always depends on the companies you are going to give some loans but if you are going to give a loan to person you know personally then it is a good thing but sometimes that person always took year's before he will pay you.

Sometimes the person that you know personally is having some instant amnesia and totally forgets the money he loaned from you.

So don't easily trust people when it comes to money, because money can just easily change the attitude of a person.

Trust me, because it already did to me, with my friends.

hajimasan

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Activity: 882

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Quote from: zachmartus on February 24, 2016, 11:13:28 PM

I know that people give out loans but what's up with people no returning what they borrowed?? I want to know this because I might give out loans myself and I want to know what to watch out for... I have ~800 BTC at the moment and would it be a bad idea to start loaning? I bought my BTC back in 2010 mid August January(when it was about $0.07 per BTC) and I noticed the price went up a ton! Also what would be some other way to grow my BTC? Any ideas on what I should do?

Something I should have added my friend was doing something you guys call "mining" I am very knew to the bitcoin world even though I have had them for a long time. I bought these bitcoin from him because he needed to sell them, my financial advisor has told me that the longer I wait the more return I would get so I told him hold the account for 5 years and ill see where I am... So last July I had gotten my account back, did a bunch of research then found you guys. So I came here to post a few posts and for everyone skeptical this is the proof https://gyazo.com/ee99cef712e9b72f03a3e8e870c33624

ofcourse , to take loan is a Risky work .
well here i saw some thread where two people gives and take loan successfully but when i saw the posts of the two user then i saw a similarities that the type pf posting language was same ( so same person making fool to everyone )
well if you take loan then return it into given time of deal .
do everything with honestly , no problem will genrate here .

Hatuferu

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Quote from: BitcoinMarshal on November 02, 2016, 02:57:53 PM

Quote from: The_Dark_Knight on November 02, 2016, 01:21:06 PM

Quote from: barbara44 on October 31, 2016, 05:22:24 AM

Quote from: ?? on ??

It is easy to apply online here in forum if you have a very good collateral and you had been trusted by some of the trusted people here. But many lenders are still depending on your source of income, so that they have assurance that whenever you are going to borrow. They have assurance that you are going to pay your debt.

I have tried applying for loan on the forum, despite the collateral I have, I was rejected and given a very bad review which made me stay very far away from those lenders, they can be very cruel at times. Just respect yourself and find hardwork to do so you can solve your problem instead of seeking for loan that you may never get.

Well, getting a loan is difficult after all you are asking someone else for money but at the end of the day it depends on the collateral you are offering since not all lenders will accept the very same collateral.

Currently its best giving loan without collateral is very risky every person want his money in safe hands and currently we have many scammers just because of this you must have collateral equal or above your request

I think no one is lending here without collateral, although most of the lenders here just get your forum account as collateral but still they will take a collateral. If they can take the risk then good for the borrower since under the scenario the risk is more on the lender than the borrower.

Time will come I might take a loan here just to experience how it is done.

tabas

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Quote from: BitcoinMarshal on November 02, 2016, 02:57:53 PM

Quote from: The_Dark_Knight on November 02, 2016, 01:21:06 PM

Quote from: barbara44 on October 31, 2016, 05:22:24 AM

Quote from: ?? on ??

It is easy to apply online here in forum if you have a very good collateral and you had been trusted by some of the trusted people here. But many lenders are still depending on your source of income, so that they have assurance that whenever you are going to borrow. They have assurance that you are going to pay your debt.

I have tried applying for loan on the forum, despite the collateral I have, I was rejected and given a very bad review which made me stay very far away from those lenders, they can be very cruel at times. Just respect yourself and find hardwork to do so you can solve your problem instead of seeking for loan that you may never get.

Well, getting a loan is difficult after all you are asking someone else for money but at the end of the day it depends on the collateral you are offering since not all lenders will accept the very same collateral.

Currently its best giving loan without collateral is very risky every person want his money in safe hands and currently we have many scammers just because of this you must have collateral equal or above your request

Giving loans without collateral is the best? You got to be kidding me, maybe you wanted to put up some charity and do some charity works for the people who needs money. That is just applicable with the banking companies and they are even reviewing the applications of their clients wisely because they know its risky and it can be a fall down for them.

BitcoinMarshal

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Quote from: The_Dark_Knight on November 02, 2016, 01:21:06 PM

Quote from: barbara44 on October 31, 2016, 05:22:24 AM

Quote from: ?? on ??

It is easy to apply online here in forum if you have a very good collateral and you had been trusted by some of the trusted people here. But many lenders are still depending on your source of income, so that they have assurance that whenever you are going to borrow. They have assurance that you are going to pay your debt.

I have tried applying for loan on the forum, despite the collateral I have, I was rejected and given a very bad review which made me stay very far away from those lenders, they can be very cruel at times. Just respect yourself and find hardwork to do so you can solve your problem instead of seeking for loan that you may never get.

Well, getting a loan is difficult after all you are asking someone else for money but at the end of the day it depends on the collateral you are offering since not all lenders will accept the very same collateral.

Currently its best giving loan without collateral is very risky every person want his money in safe hands and currently we have many scammers just because of this you must have collateral equal or above your request

The_Dark_Knight

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Activity: 840

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Quote from: barbara44 on October 31, 2016, 05:22:24 AM

Quote from: ?? on ??

It is easy to apply online here in forum if you have a very good collateral and you had been trusted by some of the trusted people here. But many lenders are still depending on your source of income, so that they have assurance that whenever you are going to borrow. They have assurance that you are going to pay your debt.

I have tried applying for loan on the forum, despite the collateral I have, I was rejected and given a very bad review which made me stay very far away from those lenders, they can be very cruel at times. Just respect yourself and find hardwork to do so you can solve your problem instead of seeking for loan that you may never get.

Well, getting a loan is difficult after all you are asking someone else for money but at the end of the day it depends on the collateral you are offering since not all lenders will accept the very same collateral.

Sponsoredby15

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Quote from: facepalm on August 30, 2016, 02:05:39 AM

I would only give a loan to a person I know personally.
Everything else must be considered as gambling. I do not do that.

It's pretty obious that loans are too risky and it's always depends on the companies you are going to give some loans but if you are going to give a loan to person you know personally then it is a good thing but sometimes that person always took year's before he will pay you.

freedomgo

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Quote from: Capradina on November 02, 2016, 07:33:52 AM

Quote from: Positid on November 02, 2016, 07:16:20 AM

Quote from: X-ray on November 02, 2016, 06:58:44 AM

Quote from: Fatanut on November 02, 2016, 04:43:24 AM

Quote from: TriggerX on October 31, 2016, 08:09:28 PM

It's really worth it as it helps the community, gives you a small profit, and helps you gain a positive reputation in this forum. If you're worried about scammers on this forum, there is definitely some, but just never give loans without any form of collateral that you can possess if they default on the loan.

It helps some people in the community, yes. Those people that really need some money and know that they can repay, those are the only people that are truly being helped by loans. But the problem is, someone can easily pretend that he's in need of money when the truth is he's just selling his collateral by getting a loan from somebody. They don't even care if they get rid of it with a lower price.

that's why only dealing with collateral which can be sold easily and above the value of the loan you have given,for some example,you can only take a collateral in form of altcoins which are worth for bitcoin and quite stable because it can be easily converted to bitcoin when the one who request loan can't repay

No question that those who take loan are help but the big question is that, is there any guarantee that the borrower will be able to repay his loan on time of will ever? The answer is no IMO, the collateral is not that valuable for some of us here especially those who take loans to gamble the money.

All borrowers certainly require guarantees that they can be comfortable or quiet when lending money to us. It is all indeed reasonable, but I am less convinced to do the lending system through the virtual world. because the virtual world has a very big risk on appeal lend money in the real world. Because in the virtual world we do not know with certainty the person and there is a possibility that all valid data provided is not their own data

If I have a big amount of money, I would certainly not gonna lend it here. I would rather use my money in gambling rather than lending to anonymous people. In lending, liquidity is very important and you cannot achieve that if lots of your borrowers will default, and by loaning here there a big risk of that will be happening.

Capradina

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Quote from: Positid on November 02, 2016, 07:16:20 AM

Quote from: X-ray on November 02, 2016, 06:58:44 AM

Quote from: Fatanut on November 02, 2016, 04:43:24 AM

Quote from: TriggerX on October 31, 2016, 08:09:28 PM

It's really worth it as it helps the community, gives you a small profit, and helps you gain a positive reputation in this forum. If you're worried about scammers on this forum, there is definitely some, but just never give loans without any form of collateral that you can possess if they default on the loan.

It helps some people in the community, yes. Those people that really need some money and know that they can repay, those are the only people that are truly being helped by loans. But the problem is, someone can easily pretend that he's in need of money when the truth is he's just selling his collateral by getting a loan from somebody. They don't even care if they get rid of it with a lower price.

that's why only dealing with collateral which can be sold easily and above the value of the loan you have given,for some example,you can only take a collateral in form of altcoins which are worth for bitcoin and quite stable because it can be easily converted to bitcoin when the one who request loan can't repay

No question that those who take loan are help but the big question is that, is there any guarantee that the borrower will be able to repay his loan on time of will ever? The answer is no IMO, the collateral is not that valuable for some of us here especially those who take loans to gamble the money.

All borrowers certainly require guarantees that they can be comfortable or quiet when lending money to us. It is all indeed reasonable, but I am less convinced to do the lending system through the virtual world. because the virtual world has a very big risk on appeal lend money in the real world. Because in the virtual world we do not know with certainty the person and there is a possibility that all valid data provided is not their own data

Positid

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Quote from: X-ray on November 02, 2016, 06:58:44 AM

Quote from: Fatanut on November 02, 2016, 04:43:24 AM

Quote from: TriggerX on October 31, 2016, 08:09:28 PM

It's really worth it as it helps the community, gives you a small profit, and helps you gain a positive reputation in this forum. If you're worried about scammers on this forum, there is definitely some, but just never give loans without any form of collateral that you can possess if they default on the loan.

It helps some people in the community, yes. Those people that really need some money and know that they can repay, those are the only people that are truly being helped by loans. But the problem is, someone can easily pretend that he's in need of money when the truth is he's just selling his collateral by getting a loan from somebody. They don't even care if they get rid of it with a lower price.

that's why only dealing with collateral which can be sold easily and above the value of the loan you have given,for some example,you can only take a collateral in form of altcoins which are worth for bitcoin and quite stable because it can be easily converted to bitcoin when the one who request loan can't repay

No question that those who take loan are help but the big question is that, is there any guarantee that the borrower will be able to repay his loan on time of will ever? The answer is no IMO, the collateral is not that valuable for some of us here especially those who take loans to gamble the money.

X-ray

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Quote from: Fatanut on November 02, 2016, 04:43:24 AM

Quote from: TriggerX on October 31, 2016, 08:09:28 PM

It's really worth it as it helps the community, gives you a small profit, and helps you gain a positive reputation in this forum. If you're worried about scammers on this forum, there is definitely some, but just never give loans without any form of collateral that you can possess if they default on the loan.

It helps some people in the community, yes. Those people that really need some money and know that they can repay, those are the only people that are truly being helped by loans. But the problem is, someone can easily pretend that he's in need of money when the truth is he's just selling his collateral by getting a loan from somebody. They don't even care if they get rid of it with a lower price.

that's why only dealing with collateral which can be sold easily and above the value of the loan you have given,for some example,you can only take a collateral in form of altcoins which are worth for bitcoin and quite stable because it can be easily converted to bitcoin when the one who request loan can't repay

Wandering Soul~

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Quote from: Fatanut on November 02, 2016, 04:43:24 AM

Quote from: TriggerX on October 31, 2016, 08:09:28 PM

It's really worth it as it helps the community, gives you a small profit, and helps you gain a positive reputation in this forum. If you're worried about scammers on this forum, there is definitely some, but just never give loans without any form of collateral that you can possess if they default on the loan.

It helps some people in the community, yes. Those people that really need some money and know that they can repay, those are the only people that are truly being helped by loans. But the problem is, someone can easily pretend that he's in need of money when the truth is he's just selling his collateral by getting a loan from somebody. They don't even care if they get rid of it with a lower price.

Yes, There are many people who loans just to run with the money, That's most lenders have a rule that states "No Collateral, No Loan" and the minimum must be 110%-120%. If you're a lender you have to be very careful cause most members don't even plan to pay their loans.

Other lending sites such as BTCJam, Bitbond etc requires so much personal documents in order for someone to get alone that's why some scammers are trying to loan here.

Fatanut

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Quote from: TriggerX on October 31, 2016, 08:09:28 PM

It's really worth it as it helps the community, gives you a small profit, and helps you gain a positive reputation in this forum. If you're worried about scammers on this forum, there is definitely some, but just never give loans without any form of collateral that you can possess if they default on the loan.

It helps some people in the community, yes. Those people that really need some money and know that they can repay, those are the only people that are truly being helped by loans. But the problem is, someone can easily pretend that he's in need of money when the truth is he's just selling his collateral by getting a loan from somebody. They don't even care if they get rid of it with a lower price.

Doamader

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Quote from: TriggerX on October 31, 2016, 08:09:28 PM

It's really worth it as it helps the community, gives you a small profit, and helps you gain a positive reputation in this forum. If you're worried about scammers on this forum, there is definitely some, but just never give loans without any form of collateral that you can possess if they default on the loan.

The problem is the most loan requests has two purposes, gambling, sport betting or dice/casinos, or scam in the general small loans are used to dump the accounts, because the most people does use their account for the loan.

milewilda

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Quote from: zodin on October 23, 2016, 02:25:07 PM

yes there is no doubt about this that loans are too risky if you are load to some for investment in bitcoin or to invest it in some other place and lost the money then what will you do. i think you will never recover your loan from him.

Of course before you are going to loan make sure that you have your source of income and you are just loaning because you need to add some capital for your investment. And don't loan because you don't have money or bitcoin because if that is your reason you are not going to be approved by the lender or any lending website.

I have not tried lending money here online because every time I need money I just approach a lending firm here in our place. I can see they are growing their business so that means lending is profitable in the actual world but not here online.

I also think that the credit - is a step towards poverty. No need to take out a loan if there is no emergency. We must rely on our own strength. And try to save for the future

Of course lend always beneficial. Only need to save money for this. And to reduce the risks of loans need to give customers a proven and reliable

Easy to say dude but it is hard to apply that in real practice, I wish it is easy to lend here online and you can ensure that this people will not run and hide after they get the money, we are living in an anonymous world so the risk is really higher therefore not recommended to lend here.

It is easy to apply online here in forum if you have a very good collateral and you had been trusted by some of the trusted people here. But many lenders are still depending on your source of income, so that they have assurance that whenever you are going to borrow. They have assurance that you are going to pay your debt.

Yes there are a lot of forum/thread can offer lending services but we have to check it's credibility with other people. Because getting loans are always risky we always have to be careful where to look for a legit company who offer loans.

I did not even try asking for a loan here in the forum but I am not planning to do that as I know how much I can only avail using my account as a collateral,people trust users especially when an account is trusted but for me I do not want to compromise my reputation here as if I will be defaulted with my loan that's a big mistake for me.

If its not neccesary to get some loan then why we just decide to get one. You are just trying to make another problems on the future. Risking you own account would not still guarantee you to make good amount of loan because it would really depend on the value of your account. LOans are not ideal thing to do unless if you are really in need of money as long you could able to produce money in some ways then do that and taking up some loan would be the last resort for you.

Taking a loan should only be the last option and you should only those do that especially when you are in desperate times that you need money. Without a problem you could always save to reach your goal if you are planning to have a future investment.

I also think that the credit - is a step towards poverty. No need to take out a loan if there is no emergency. We must rely on our own strength. And try to save for the future

It does really the steps towards poverty because if we dont have the capacity to repay the loan amount we would surely suffer on deep debt and we would really hard to cope up with it especially if we dont have the guarantee to pay it on due time and as we all know interest would grow even more if we fail to pay it on the right time and it would still grow and grow even more. Making loans would be the last resort if we dont have choice but be sure to pay it back.

TriggerX

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It's really worth it as it helps the community, gives you a small profit, and helps you gain a positive reputation in this forum. If you're worried about scammers on this forum, there is definitely some, but just never give loans without any form of collateral that you can possess if they default on the loan.

BitcoinMarshal

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Quote from: Doamader on October 31, 2016, 01:51:13 PM

I had tryed to run a lending service but the people that went at me just dumped their accounts, and took my bitcoins, this is what happens usually, and there is no way to prevent and know who will repay you, being hero or legendary nowadays means nothing.

Few members still doing this and enjoying as they are taking only solid alt coins as collateral or account which have some worth its need some work and research they you can take some profit otherwise its going to be scammers bank

Topic: Loans too risky? - page 38. (Read 67099 times)