Author

Topic: Looking for a 7 BTC loan - 6 month term - 9% Interest (Read 711 times)

global moderator
Activity: 3990
Merit: 2713
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Arcas,

Obviously I could sell the gold, or sell the car, or anything that I have listed for collateral! Also I am not trying to pay 18% just 9% like my ad says, which would make the loan on par with any small personal loan from a bank. Just with slightly better terms. Getting the money is not really the issue, the issue is something deeper and more of a problem with the community's mentality.  
One of the biggest reasons I am requesting the loan from the community, is because I have spent hours and hours reading posts about people asking for sometimes reasonable loans, and in my opinion not a single loan has been funded on this forum. Why even have the lending forum if people are not going to take it seriously? Not sure if people don't have the money to lend or get their rocks off trying to disrespect other members of this community, or Just love to trash talk... I just wanted to see for myself if this would happen, as you can see I have more than enough mentioned collateral to secure this loan x 10, and gave all the terms and conditions of the payback in the title. Very simple terms.  

To be honest, I don't think most of the people that talk trash on this forum, even have the coin to fund a loan bigger than a few coins, I guess time will tell.

The community's mentality is to be sceptical of everyone. People used to give unsecured loans and they never saw their money again. Whether the sceptical who question you have the money to loan or not is besides the point. You've listed a load of things I doubt you have. Can you provide proof of ownership of any of these things? And how would you go about using most of them as collateral? I'm sure you could get a loan here if you were willing to send the gold or watches to an escrow.
sr. member
Activity: 430
Merit: 250
Arcas,

Obviously I could sell the gold, or sell the car, or anything that I have listed for collateral! Also I am not trying to pay 18% just 9% like my ad says, which would make the loan on par with any small personal loan from a bank. Just with slightly better terms. Getting the money is not really the issue, the issue is something deeper and more of a problem with the community's mentality.  
One of the biggest reasons I am requesting the loan from the community, is because I have spent hours and hours reading posts about people asking for sometimes reasonable loans, and in my opinion not a single loan has been funded on this forum. Why even have the lending forum if people are not going to take it seriously? Not sure if people don't have the money to lend or get their rocks off trying to disrespect other members of this community, or Just love to trash talk... I just wanted to see for myself if this would happen, as you can see I have more than enough mentioned collateral to secure this loan x 10, and gave all the terms and conditions of the payback in the title. Very simple terms.  

To be honest, I don't think most of the people that talk trash on this forum, even have the coin to fund a loan bigger than a few coins, I guess time will tell.
No one has ever denied a loan to a trusted, well established member of this forum. It's newcomers (like you) that people don't want to lend to.
hero member
Activity: 868
Merit: 1000
Arcas,

Obviously I could sell the gold, or sell the car, or anything that I have listed for collateral! Also I am not trying to pay 18% just 9% like my ad says, which would make the loan on par with any small personal loan from a bank. Just with slightly better terms. Getting the money is not really the issue, the issue is something deeper and more of a problem with the community's mentality.  
One of the biggest reasons I am requesting the loan from the community, is because I have spent hours and hours reading posts about people asking for sometimes reasonable loans, and in my opinion not a single loan has been funded on this forum. Why even have the lending forum if people are not going to take it seriously? Not sure if people don't have the money to lend or get their rocks off trying to disrespect other members of this community, or Just love to trash talk... I just wanted to see for myself if this would happen, as you can see I have more than enough mentioned collateral to secure this loan x 10, and gave all the terms and conditions of the payback in the title. Very simple terms.  

To be honest, I don't think most of the people that talk trash on this forum, even have the coin to fund a loan bigger than a few coins, I guess time will tell.
 



Arcas was saying "18% APR" instead.

FYI: APR = Annual percentage rate
http://en.wikipedia.org/wiki/Annual_percentage_rate
newbie
Activity: 42
Merit: 0
Arcas,

Obviously I could sell the gold, or sell the car, or anything that I have listed for collateral! Also I am not trying to pay 18% just 9% like my ad says, which would make the loan on par with any small personal loan from a bank. Just with slightly better terms. Getting the money is not really the issue, the issue is something deeper and more of a problem with the community's mentality. 
One of the biggest reasons I am requesting the loan from the community, is because I have spent hours and hours reading posts about people asking for sometimes reasonable loans, and in my opinion not a single loan has been funded on this forum. Why even have the lending forum if people are not going to take it seriously? Not sure if people don't have the money to lend or get their rocks off trying to disrespect other members of this community, or Just love to trash talk... I just wanted to see for myself if this would happen, as you can see I have more than enough mentioned collateral to secure this loan x 10, and gave all the terms and conditions of the payback in the title. Very simple terms. 

To be honest, I don't think most of the people that talk trash on this forum, even have the coin to fund a loan bigger than a few coins, I guess time will tell.
 

hero member
Activity: 1036
Merit: 524
Instead of paying 18% apr on a 6 month loan, why not just sell some of your gold? I'm pretty sure 18% is close to credit card rates, and I hear that Visa hands out loans without collateral.
newbie
Activity: 42
Merit: 0
Hello,

I am wanting to start a BTC website, very similar to bitpremier.com.  I want a place where people can buy luxury items with BTC, art, timepieces, vacation rentals and other luxury items. I would like to try to secure a loan of BTC, to start the website. I will pay back the principle with 9% Interest over 6 months.  PM if anyone is interested. 

Have lots of collateral:

Gold Bullion (13 Troy Oz.)
Omega Planet Ocean Timepiece
Cartier Calibre Timepiece
2009 Corvette
2010 Malibu Wakeboard Boat.


Thanks for your time, and hope we come to an agreement and make a deal!

Regards,

CH




 
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