Loans too risky? - page 39. | Bitcointalksearch.org

jaysabi

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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.

This is why anonymous lending doesn't work. There's no way to identify scammers or thieves. I haven't seen a compelling way to even do collateral with bitcoin, so there's no leverage for anyone who loans money to recoup losses on default. Lending is going to stay the purview of the traditional banking system. Bitcoin won't be disrupting it any time soon, and ever is in question as well.

Doamader

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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.

batang_bitcoin

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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.

Each of the lenders has their own requirements and standards to allow someone to borrow their money or bitcoins. Don't be upset on it, that can be a lesson to you that even you have a collateral you can't still predict that your loan request or application will be granted easily. You are right with that, just find a good stable job and work for the money that you want to borrow.

freedomgo

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Quote from: mrkevio on October 31, 2016, 05:30:08 AM

Loans can be less risky if you can get some backup options. For example getting an account that is worth the money you're loaning to someone so in case he wants to scam you, you got his account and you can sell it.

That does not work all the time, an account is not that worth since accounts can be bought here and the borrower can easily replace with new accounts. I think you need to carefully evaluate every loan application and if you collateral is only the account, then make sure only those reputable ones.

mrkevio

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Loans can be less risky if you can get some backup options. For example getting an account that is worth the money you're loaning to someone so in case he wants to scam you, you got his account and you can sell it.

barbara44

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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.

The_Dark_Knight

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Quote from: MTBTT on October 28, 2016, 06:07:17 PM

Quote from: Doamader on October 28, 2016, 05:35:32 PM

In the general the most loans are requested before the people payment from the real work, so they have those warranty if something went bad with the loan, usually people does gamble or make bets sports with those tinny loans, as well some people do found at loans a way to force the accounts sells.

I think when you know that the reason they borrow money to gamble, it would be better if you avoid the borrower money. because it is possible they do not pay when he lost

There is always a risk when you make a loan but the rule of no collateral no loan, reduces the risk for the lenders significantly, in fact most loans in the world are performed the same way, if you go to the bank and ask for a loan they will ask all kinds of questions when they are convinced they can get their money back they will give you a loan but if they think you cannot pay them back then they are not going to give you the loan

choppork

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Those people that doesn't return what they borrowed are just giving themselves a bad name. Defaulting a loan is basically scamming someone. You made him trust you enough to the point that he let you borrow money and then you're just running away from it. Because of that, people started having collateral for loans. But the problem now is that there are people who doesn't actually care about the collateral since the beginning.

All I can say is to be picky with whom are you going to lend your money. Only accept collateral that are easy to dispose.

VadikZimnyayaRezina

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Quote from: goldcoinminer on October 30, 2016, 03:03:25 AM

Quote from: milewilda on October 30, 2016, 12:32:30 AM

Quote from: Positid on October 29, 2016, 10:53:56 PM

Quote from: arseaboy on October 29, 2016, 09:31:50 AM

Quote from: ?? on ??

Quote from: mirakal on October 24, 2016, 12:39:51 AM

Quote from: halych on October 24, 2016, 12:23:18 AM

Quote from: Positid on October 24, 2016, 12:12:37 AM

Quote from: ?? on ??

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

goldcoinminer

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Quote from: milewilda on October 30, 2016, 12:32:30 AM

Quote from: Positid on October 29, 2016, 10:53:56 PM

Quote from: arseaboy on October 29, 2016, 09:31:50 AM

Quote from: ?? on ??

Quote from: mirakal on October 24, 2016, 12:39:51 AM

Quote from: halych on October 24, 2016, 12:23:18 AM

Quote from: Positid on October 24, 2016, 12:12:37 AM

Quote from: ?? on ??

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.

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.

milewilda

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