Loans too risky? - page 42. | Bitcointalksearch.org

boyptc

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Quote from: goinmerry on October 19, 2016, 08:59:50 PM

Quote from: Galer on October 19, 2016, 08:42:46 PM

Quote from: Legendaris on October 19, 2016, 08:28:03 PM

Loaning money for example is going to cost you more money so in fact you have to pay for money. But you should only take a loan for something important that you need in live. Do not take a loan if you do not have a good reason to do so.

Yeah if you make a loan in loan service provider you must includ or give an a valid collateral to make your loan approve like in this forum but if you make loan just consider that you are borrowed is you can pay for it to dont get any problem.

If there will not be an escrow then I think the better way is to have valid id's shown also if the loaner or borrower just wont mind. There have been a lot of scams with this things. Maybe that could minimize this from happening over and over again.

Well we are in cyber world even though you are going to show someone a valid id you can just google it for there are a lot of identity theft's that are already happening. So I would say that it is still not guaranteed, in cyber world it is really hard to build trust for the people especially when there is a monetary value involved.

Maslate

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Quote from: Zadicar on October 19, 2016, 10:10:05 PM

Quote from: Mark02 on October 19, 2016, 09:51:04 PM

Quote from: Skaven on October 19, 2016, 09:45:18 PM

Quote from: ronaldo40 on October 19, 2016, 08:41:46 PM

Quote from: Legendaris on October 19, 2016, 08:28:03 PM

Loaning money for example is going to cost you more money so in fact you have to pay for money. But you should only take a loan for something important that you need in live. Do not take a loan if you do not have a good reason to do so.

you may be able to borrow from your friend or relative so it will not be charged.
yes you are right, borrow when we have something that is really important. or borrow when we were able to return it. because otherwise, it would be a risk.

Yes indeed but I think even with a relative it can be risky, I do not like to loan a lot of money to someone because its in my eyes way too risky to do these days..

Yeah having a loan to someone whether it is your relatives or not is not quite a good idea. Refrain from having a load as much as possible as it will cost you more money to pay because of the fee allotted to it. But in case you really need to have money but you cannot suffice that. Make sure to find someone who can lend you money with just a small interest or no interest to prevent you from having a money loss.

Lending you some money without interest would be very rare unless if you have true friends and family members but as we all know that if we are talking money they would like to have interest or fee on it because money nowadays is very important and thats the reality.

That's what you call you lend money for humanitarian reason, of course if you are in ta business you would not do that as you main concern is liquidity and profit, maybe if you have friends who are in desperate need of money then you can lend without interest.

Zadicar

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Quote from: Mark02 on October 19, 2016, 09:51:04 PM

Quote from: Skaven on October 19, 2016, 09:45:18 PM

Quote from: ronaldo40 on October 19, 2016, 08:41:46 PM

Quote from: Legendaris on October 19, 2016, 08:28:03 PM

Loaning money for example is going to cost you more money so in fact you have to pay for money. But you should only take a loan for something important that you need in live. Do not take a loan if you do not have a good reason to do so.

you may be able to borrow from your friend or relative so it will not be charged.
yes you are right, borrow when we have something that is really important. or borrow when we were able to return it. because otherwise, it would be a risk.

Yes indeed but I think even with a relative it can be risky, I do not like to loan a lot of money to someone because its in my eyes way too risky to do these days..

Yeah having a loan to someone whether it is your relatives or not is not quite a good idea. Refrain from having a load as much as possible as it will cost you more money to pay because of the fee allotted to it. But in case you really need to have money but you cannot suffice that. Make sure to find someone who can lend you money with just a small interest or no interest to prevent you from having a money loss.

Lending you some money without interest would be very rare unless if you have true friends and family members but as we all know that if we are talking money they would like to have interest or fee on it because money nowadays is very important and thats the reality.

Mark02

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Quote from: Skaven on October 19, 2016, 09:45:18 PM

Quote from: ronaldo40 on October 19, 2016, 08:41:46 PM

Quote from: Legendaris on October 19, 2016, 08:28:03 PM

Loaning money for example is going to cost you more money so in fact you have to pay for money. But you should only take a loan for something important that you need in live. Do not take a loan if you do not have a good reason to do so.

you may be able to borrow from your friend or relative so it will not be charged.
yes you are right, borrow when we have something that is really important. or borrow when we were able to return it. because otherwise, it would be a risk.

Yes indeed but I think even with a relative it can be risky, I do not like to loan a lot of money to someone because its in my eyes way too risky to do these days..

Yeah having a loan to someone whether it is your relatives or not is not quite a good idea. Refrain from having a load as much as possible as it will cost you more money to pay because of the fee allotted to it. But in case you really need to have money but you cannot suffice that. Make sure to find someone who can lend you money with just a small interest or no interest to prevent you from having a money loss.

Skaven

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Quote from: ronaldo40 on October 19, 2016, 08:41:46 PM

Quote from: Legendaris on October 19, 2016, 08:28:03 PM

Loaning money for example is going to cost you more money so in fact you have to pay for money. But you should only take a loan for something important that you need in live. Do not take a loan if you do not have a good reason to do so.

you may be able to borrow from your friend or relative so it will not be charged.
yes you are right, borrow when we have something that is really important. or borrow when we were able to return it. because otherwise, it would be a risk.

Yes indeed but I think even with a relative it can be risky, I do not like to loan a lot of money to someone because its in my eyes way too risky to do these days..

goinmerry

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Quote from: Galer on October 19, 2016, 08:42:46 PM

Quote from: Legendaris on October 19, 2016, 08:28:03 PM

Loaning money for example is going to cost you more money so in fact you have to pay for money. But you should only take a loan for something important that you need in live. Do not take a loan if you do not have a good reason to do so.

Yeah if you make a loan in loan service provider you must includ or give an a valid collateral to make your loan approve like in this forum but if you make loan just consider that you are borrowed is you can pay for it to dont get any problem.

If there will not be an escrow then I think the better way is to have valid id's shown also if the loaner or borrower just wont mind. There have been a lot of scams with this things. Maybe that could minimize this from happening over and over again.

Galer

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Quote from: Legendaris on October 19, 2016, 08:28:03 PM

Loaning money for example is going to cost you more money so in fact you have to pay for money. But you should only take a loan for something important that you need in live. Do not take a loan if you do not have a good reason to do so.

Yeah if you make a loan in loan service provider you must includ or give an a valid collateral to make your loan approve like in this forum but if you make loan just consider that you are borrowed is you can pay for it to dont get any problem.

ronaldo40

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Quote from: Legendaris on October 19, 2016, 08:28:03 PM

Loaning money for example is going to cost you more money so in fact you have to pay for money. But you should only take a loan for something important that you need in live. Do not take a loan if you do not have a good reason to do so.

you may be able to borrow from your friend or relative so it will not be charged.
yes you are right, borrow when we have something that is really important. or borrow when we were able to return it. because otherwise, it would be a risk.

Legendaris

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Loaning money for example is going to cost you more money so in fact you have to pay for money. But you should only take a loan for something important that you need in live. Do not take a loan if you do not have a good reason to do so.

Ziskinberg

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Quote from: raven7886 on October 19, 2016, 11:00:38 AM

Quote from: Mastsetad on October 18, 2016, 01:17:33 PM

Quote from: abugseuf on October 18, 2016, 11:42:17 AM

Quote from: arseaboy on October 18, 2016, 08:58:32 AM

Loans is very risky.. few people can be trusted. Yes? but there's a lot of people who can scam you and might loose all of your investments. Better find a way to invest your money in a different or better way like trading.. yes it may take a while for you to make profit from it but it's really worth it.

giving loan is already illegal and in Islam, you can give loan for free but cannot demand for interest, so it is better to invest you money some where else from where you can really get good profit instead of giving loan as it is really risky and some people can scam you.

That's right, a muslim is never supposed to give loans to people in order to get profits out of it as getting interest is Haram in Islam so it is considered a sin, better to just find a good investment program then doing something like that, and loans are risky too as the title stats.

Then why you are wearing a gambling related campaign and promoting it to get payment? it is also a sin and haram for you. if you really a follower of your Religion's laws then follow them properly. gambling and betting is also haram. so don't do gambling and don't support gambling any way.

BTW. loan is a risky thing. only take or give loan if you think you can face the risk. and must take a valid collateral for your loan...

As said many times, the risk if you are a borrower is manageable but if you are a lender you have all the risk that you might not be paid with your client, lending business is not good online.

raven7886

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Quote from: Mastsetad on October 18, 2016, 01:17:33 PM

Quote from: abugseuf on October 18, 2016, 11:42:17 AM

Quote from: arseaboy on October 18, 2016, 08:58:32 AM

Loans is very risky.. few people can be trusted. Yes? but there's a lot of people who can scam you and might loose all of your investments. Better find a way to invest your money in a different or better way like trading.. yes it may take a while for you to make profit from it but it's really worth it.

giving loan is already illegal and in Islam, you can give loan for free but cannot demand for interest, so it is better to invest you money some where else from where you can really get good profit instead of giving loan as it is really risky and some people can scam you.

That's right, a muslim is never supposed to give loans to people in order to get profits out of it as getting interest is Haram in Islam so it is considered a sin, better to just find a good investment program then doing something like that, and loans are risky too as the title stats.

Then why you are wearing a gambling related campaign and promoting it to get payment? it is also a sin and haram for you. if you really a follower of your Religion's laws then follow them properly. gambling and betting is also haram. so don't do gambling and don't support gambling any way.

BTW. loan is a risky thing. only take or give loan if you think you can face the risk. and must take a valid collateral for your loan...

marcuslong

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Loans are very risky because if you didn't pay it when the days come that you really told that you are going to pay it may destroy your image if that people you barrowed money is impatience he will talk about your back and then will not give you second chance to make barrow again becareful always.

CryptoBjorn

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Loans are very risky if you are asking me, you really need to trust the person to be sure that you can loan them bitcoins, I think that its way too risky for me and I do not recommend you to do it also..

geopolisch

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Quote from: Harry Callahan on October 18, 2016, 02:29:23 AM

Quote from: hope4ever on October 16, 2016, 10:25:15 AM

yes there is no doubt about this that loans are too risky so you should be careful when taking loan as there is always a chance of loosing bitcoins if he price fell down so try not to buy or do trading on loans as you will then not be able to return it back.

what is the risk in taking a loan Grin

the risk lies for the individual giving out the loan ,doing trade and gambling with loaned amount is a very risky thing as you never know when you are going to loose everything,bitcoin and price really never matter if you are not looking for a profit every month.

Most people who requests for the loan actually attempt to use in those aspects you mentioned just to make quick profit for which they are not sure of making. It is highly risky to take loan and just venture into gambling with. Better if you are taking loan use it for guaranteed investment with higher returns in order not to put yorself into financial trouble that can make your life very uncomfortable.

Harry Callahan

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Quote from: Positid on October 18, 2016, 03:13:52 AM

Quote from: Harry Callahan on October 18, 2016, 02:29:23 AM

Quote from: hope4ever on October 16, 2016, 10:25:15 AM

yes there is no doubt about this that loans are too risky so you should be careful when taking loan as there is always a chance of loosing bitcoins if he price fell down so try not to buy or do trading on loans as you will then not be able to return it back.

what is the risk in taking a loan Grin

the risk lies for the individual giving out the loan ,doing trade and gambling with loaned amount is a very risky thing as you never know when you are going to loose everything,bitcoin and price really never matter if you are not looking for a profit every month.

Maybe he is afraid that he might be tempted that he will not be able to repay his loan due to lack of control in the lending operation, even if you get a loan easily but you cannot consider it as a free as that is a sin not to repay loans and just take the money of others illegally.

It is a case of morality and if you are not repaying the loan i don't consider it as a sin but i consider it as a scam and a fraud,if someone loans money from me personally and then disappears then they might consider it as a mortal sin because when i find them i will smash them to the pulp Tongue

Ziskinberg

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Quote from: ?? on ??

Quote from: The_Dark_Knight on October 18, 2016, 12:34:30 PM

If you have so many coins, then investing could prove to be a lot more profitable than lending, besides you will not have to worry whether you are aid back your loans or scammers.

You are right with it and this is the industry that has a lot of risk so instead of lending just invest your bitcoins or other coins into trading and other ways that is going to be profitable to you. And this is one of the hardest way of earning because you need to earn the trust of the people also in able to have result on this type of business.

The simplest way to do is just hold it, there is a lesser risk in holding since you are not prone of being scam. As long as you trust the future of bitcoin you will be confident of doing it.

Ulloa

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Quote from: resilientknight on September 09, 2016, 04:17:14 AM

Loans actually can be very risky, but if you know that you are able to pay it back then it should be no problem at all.
Take only a loan when you need something that is important and if you can pay it back.
[/quote
If you are not able to pay it back then of course a loan is risky because you will have to pay it back no matter what.
What I suggest is that you do not gamble with loan money because that is going to mess you up.

Maslate

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Quote from: ?? on ??

Quote from: The_Dark_Knight on October 18, 2016, 12:34:30 PM

If you have so many coins, then investing could prove to be a lot more profitable than lending, besides you will not have to worry whether you are aid back your loans or scammers.

You are right with it and this is the industry that has a lot of risk so instead of lending just invest your bitcoins or other coins into trading and other ways that is going to be profitable to you. And this is one of the hardest way of earning because you need to earn the trust of the people also in able to have result on this type of business.

Investing is the key to success here as there are many investment sites that we can use our bitcoins, and even holding our bitcoin we are already doing investment. Just do have trust for the future of bitcoin so you will be more optimistic about the future price, in addition gambling sites do offer investment program so we can also try it.

safari88

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Quote from: Mastsetad on October 18, 2016, 01:17:33 PM

Quote from: abugseuf on October 18, 2016, 11:42:17 AM

Quote from: arseaboy on October 18, 2016, 08:58:32 AM

Loans is very risky.. few people can be trusted. Yes? but there's a lot of people who can scam you and might loose all of your investments. Better find a way to invest your money in a different or better way like trading.. yes it may take a while for you to make profit from it but it's really worth it.

giving loan is already illegal and in Islam, you can give loan for free but cannot demand for interest, so it is better to invest you money some where else from where you can really get good profit instead of giving loan as it is really risky and some people can scam you.

That's right, a muslim is never supposed to give loans to people in order to get profits out of it as getting interest is Haram in Islam so it is considered a sin, better to just find a good investment program then doing something like that, and loans are risky too as the title stats.

you do not have to bring religion into this, let this be a matter of each. because Muslims know what is good and not to do. I own Islam and certainly never liked to investments such as loans that have interest. but I just like to borrow it to my friends when I really needed it.
so that no interest.

Mastsetad

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Quote from: abugseuf on October 18, 2016, 11:42:17 AM

Quote from: arseaboy on October 18, 2016, 08:58:32 AM

Loans is very risky.. few people can be trusted. Yes? but there's a lot of people who can scam you and might loose all of your investments. Better find a way to invest your money in a different or better way like trading.. yes it may take a while for you to make profit from it but it's really worth it.

giving loan is already illegal and in Islam, you can give loan for free but cannot demand for interest, so it is better to invest you money some where else from where you can really get good profit instead of giving loan as it is really risky and some people can scam you.

That's right, a muslim is never supposed to give loans to people in order to get profits out of it as getting interest is Haram in Islam so it is considered a sin, better to just find a good investment program then doing something like that, and loans are risky too as the title stats.

Topic: Loans too risky? - page 42. (Read 67086 times)