The problem you are going to have here is using land as collateral.
Unless you are able to find a lender here who is also from the Dominican Republic, people based in other countries won't really be able to stake ownership of the land if you default on the loan.
Having said that, if you plan is to do exactly what you saying you are going to do then I think the best place to start a campaign with be on: http://www.kiva.org/
Get all your information together and create a campaign on Kiva detailing how you plan on using the funds and what value it will add to the local community as well as why it is so important. That might be the best way for you to get the funding you require.
Topic: Looking for loan 5500 usd in \bitcoin with collateral (Read 346 times)
Or why don't you get the fuck off my thread 
WHO GAVE ME A NEGATIVE REP FOR ASKING FOR A LOAN WOW
BUT THE TITLE SAYS WITH COLLATERAL MY WEBSITE WHICH IS www.googlerankspecialist.com or a land I have in dominican republic
BUT THE TITLE SAYS WITH COLLATERAL MY WEBSITE WHICH IS www.googlerankspecialist.com or a land I have in dominican republic
You deserve this negative rating because you just ignore the sticky rules..
Here again just for you buddy:
What is considered collateral?
Collateral is something that can easily be resold to cover the loan value plus interest should the loaner default on the loan.
- The best collateral is another crypto-currency, such as Litecoin (also written as LTC). Coins must be moderately traded on multiple exchanges.
- Some digital wares such as domain names can be considered as long as the user cannot recover it.
- Small valuable items that can be shipped though the mail - i.e. gold, silver, iphones, etc.
- Large items, such as a motorcycle or guitar can be used if you live close to the person giving you the loan. Try localbitcoins.com
What is not considered collateral?
- Items they want to sell. They don't want it back, so they will default. It's scammy unethical behavior and will lead to negative trust. Check their recent posts!
- Items not in hand. Don't trust a user that promises to give you something *when* they default! Tracking numbers only show something has been mailed - it could be an empty box.
- Future income. You can prove you'll make xx coins in the next few days, but nothing forces you to send those coins to pay your debt.
- Identification. So what if they can prove who they are. Are you going to spend more money and time taking them to court on untested legal grounds? You'll probably just walk away, like everyone does. ID is useless.
- Games codes or similar. To verify the collateral you need to use the code, which destroys the collateral. Consider this a purchase, not a loan. (Post in Digital Goods instead)
- Most new alt-coins or alt-coins that trade for satoshis are not good collateral as they can become worthless overnight.
- Paypal should never be used - they are anti-bitcoin and will rule against you 100% of the time. Escrow can't even help, as paypal charge backs can come over 6 months later!
- Most valuable online accounts can easily be recovered by social engineering (the user contacting support to say they were hacked, and regain control of the account) Examples: Steam
When should you use Escrow?
- Never send collateral directly to a low activity/post account offering you a loan, as they are likely to take your coins and disappear. (Collateral Scam)
- Use only "Hero Members" or "Legendary Members" for escrow - they have a vested interest in the community with the time they have spent here.
- Do not use a third party escrow service unless hero members can vouch for it - it's too easy to create a website, do a few escrows then disappear with a big balance. Rinse and repeat.
- A list of trusted escrows can be found here: https://bitcointalksearch.org/topic/bitcointalk-escrows-trade-safely-855778
When considering the trustworthiness of a user, ignore "Posts" as there are schemes that pay a user per post. A person can make 1,000 useless posts in one day and contribute nothing to the community. Instead look at the "Activity" number - that gives you a more accurate tally of how involved the user is in the community.
Ignore the sob stories that users post - it's just a scam to get your coins. If a person really is in such a situation, they can turn to family, friends or other social circles they frequent. They are just posting in our community because the payment is anonymous and irreversible.
Collateral is something that can easily be resold to cover the loan value plus interest should the loaner default on the loan.
- The best collateral is another crypto-currency, such as Litecoin (also written as LTC). Coins must be moderately traded on multiple exchanges.
- Some digital wares such as domain names can be considered as long as the user cannot recover it.
- Small valuable items that can be shipped though the mail - i.e. gold, silver, iphones, etc.
- Large items, such as a motorcycle or guitar can be used if you live close to the person giving you the loan. Try localbitcoins.com
What is not considered collateral?
- Items they want to sell. They don't want it back, so they will default. It's scammy unethical behavior and will lead to negative trust. Check their recent posts!
- Items not in hand. Don't trust a user that promises to give you something *when* they default! Tracking numbers only show something has been mailed - it could be an empty box.
- Future income. You can prove you'll make xx coins in the next few days, but nothing forces you to send those coins to pay your debt.
- Identification. So what if they can prove who they are. Are you going to spend more money and time taking them to court on untested legal grounds? You'll probably just walk away, like everyone does. ID is useless.
- Games codes or similar. To verify the collateral you need to use the code, which destroys the collateral. Consider this a purchase, not a loan. (Post in Digital Goods instead)
- Most new alt-coins or alt-coins that trade for satoshis are not good collateral as they can become worthless overnight.
- Paypal should never be used - they are anti-bitcoin and will rule against you 100% of the time. Escrow can't even help, as paypal charge backs can come over 6 months later!
- Most valuable online accounts can easily be recovered by social engineering (the user contacting support to say they were hacked, and regain control of the account) Examples: Steam
When should you use Escrow?
- Never send collateral directly to a low activity/post account offering you a loan, as they are likely to take your coins and disappear. (Collateral Scam)
- Use only "Hero Members" or "Legendary Members" for escrow - they have a vested interest in the community with the time they have spent here.
- Do not use a third party escrow service unless hero members can vouch for it - it's too easy to create a website, do a few escrows then disappear with a big balance. Rinse and repeat.
- A list of trusted escrows can be found here: https://bitcointalksearch.org/topic/bitcointalk-escrows-trade-safely-855778
When considering the trustworthiness of a user, ignore "Posts" as there are schemes that pay a user per post. A person can make 1,000 useless posts in one day and contribute nothing to the community. Instead look at the "Activity" number - that gives you a more accurate tally of how involved the user is in the community.
Ignore the sob stories that users post - it's just a scam to get your coins. If a person really is in such a situation, they can turn to family, friends or other social circles they frequent. They are just posting in our community because the payment is anonymous and irreversible.
now get the fuck out of this forum!!
WHO GAVE ME A NEGATIVE REP FOR ASKING FOR A LOAN WOW
BUT THE TITLE SAYS WITH COLLATERAL MY WEBSITE WHICH IS www.googlerankspecialist.com or a land I have in dominican republic
BUT THE TITLE SAYS WITH COLLATERAL MY WEBSITE WHICH IS www.googlerankspecialist.com or a land I have in dominican republic
The problem is lenders here are also sick and tired of scammers taking advantage of them. Having said that, you will find it extremely challenging and difficult to get a loan of $5500 without first offering valid collateral.
The other challenge is trying to convince anyone here with a grain of common sense that these criminal kids (just repeating your words: “drug dealing kids robbing people at gunpoint”) will take any positive and constructive interest in bitcoin. They are poor and compounding the matter is that they are poor criminals (you said it yourself) which leads me to think they might instead conspire to steal your $5500.
Am I right or am I right? No option for being wrong here. Don’t you agree?
No bud They just need to find a solution plus I'm going to teach them The other challenge is trying to convince anyone here with a grain of common sense that these criminal kids (just repeating your words: “drug dealing kids robbing people at gunpoint”) will take any positive and constructive interest in bitcoin. They are poor and compounding the matter is that they are poor criminals (you said it yourself) which leads me to think they might instead conspire to steal your $5500.
Am I right or am I right? No option for being wrong here. Don’t you agree?
how to hustle legally.I grew up in the hood and understand thier mentality they just
need a shot these kids are not like us in the states most of the wanksters i know
were just fighting to do nothing over here it's different 90 percent of Dominican children
are gangster because what else is there at .75 cents an hr and police officals shaking you down
as for the drug dealing it's just second nature out here this is what they are bred to do by thier
Gov officials....I know it will be a challenge but it is one tht I really want to take plus
bitcoin is virgin out here and they have alot to trade such as gold food commodities
medication with no scripts this country is flooded with women getting there boobies done
So if anyone is listening try me out consider it your Xchrismas goodwill with interest
I can pay it back by jan30th at least the principle and the interest by the feb15th
Come on guys make it happen it's xchrimas
I AM SICK & TIRED OF CROOKED GOV TAKING ADVANTAGE OF THE POOR
Is anyone willing to Lend me 5,500 I need 500 for Xmas and 5000 for an investment as collateral I have either some land or
my website...as for the investment I will be Teaching 15 young poor dominican students how to trade in bitcoin so they can pass it on
I have a select group of young poor children that live in shacks and either have to hustle drugs or rob people at gun point to feed
thier selves i they will be calling company's up and explaining why it is vital to there business that they accept bitcoin and all crypto
currencies I will also be looking for some type of accounting software VERY USER FRIENDLY to help manage there buys and sales
I live in dominican Republic and i know it is alot of money to ask for But if anyone would like to talk please contact me ASAP
https://blockchain.info/payment_request?address=1529zvP7S8eosQ74MVWjceAHnoXEVsnYPB&amount=0.3527&message=Thank%20you%20for%20your%20help
Is anyone willing to Lend me 5,500 I need 500 for Xmas and 5000 for an investment as collateral I have either some land or
my website...as for the investment I will be Teaching 15 young poor dominican students how to trade in bitcoin so they can pass it on
I have a select group of young poor children that live in shacks and either have to hustle drugs or rob people at gun point to feed
thier selves i they will be calling company's up and explaining why it is vital to there business that they accept bitcoin and all crypto
currencies I will also be looking for some type of accounting software VERY USER FRIENDLY to help manage there buys and sales
I live in dominican Republic and i know it is alot of money to ask for But if anyone would like to talk please contact me ASAP
https://blockchain.info/payment_request?address=1529zvP7S8eosQ74MVWjceAHnoXEVsnYPB&amount=0.3527&message=Thank%20you%20for%20your%20help
Land is not acceptable collateral, unless somebody lives in the same country that you do is able to go through the hassle of doing all the paperwork and transfer the land into their possession. Otherwise it's impossible to do this internationally basically.
Websites are usually not considered to be valid collateral, either. They can be recovered via SE and the value of websites is completely subjective and it's hard to sell it when you want to do so for the lender.
As much as i support your cause, it's just too big of a risk for lenders here to carry. $5k is no small amount of cash, and i think you realise that. You're probably going to find better luck from asking a bank or something.
The problem is lenders here are also sick and tired of scammers taking advantage of them. Having said that, you will find it extremely challenging and difficult to get a loan of $5500 without first offering valid collateral.
The other challenge is trying to convince anyone here with a grain of common sense that these criminal kids (just repeating your words: “drug dealing kids robbing people at gunpoint”) will take any positive and constructive interest in bitcoin. They are poor and compounding the matter is that they are poor criminals (you said it yourself) which leads me to think they might instead conspire to steal your $5500.
Am I right or am I right? No option for being wrong here. Don’t you agree?
The other challenge is trying to convince anyone here with a grain of common sense that these criminal kids (just repeating your words: “drug dealing kids robbing people at gunpoint”) will take any positive and constructive interest in bitcoin. They are poor and compounding the matter is that they are poor criminals (you said it yourself) which leads me to think they might instead conspire to steal your $5500.
Am I right or am I right? No option for being wrong here. Don’t you agree?
can't find the colateral you are talking about..... without it I don't see you getting a loan here.
what do you mean?You want 5K loan and you don't have anything to offer as collateral even worth the amount asked.
Bettter close this thread.
wow really Well instead of me closing this thread just stay off my post ...have a great xmas dont drink and drive
ya might kill your self
can't find the colateral you are talking about..... without it I don't see you getting a loan here.
what do you mean?You want 5K loan and you don't have anything to offer as collateral even worth the amount asked.
Bettter close this thread.
can't find the colateral you are talking about..... without it I don't see you getting a loan here.
what do you mean?You want 5K loan and you don't have anything to offer as collateral even worth the amount asked.
Bettter close this thread.
can't find the colateral you are talking about..... without it I don't see you getting a loan here.
what do you mean?
can't find the colateral you are talking about..... without it I don't see you getting a loan here.
I AM SICK & TIRED OF CROOKED GOV TAKING ADVANTAGE OF THE POOR
Is anyone willing to Lend me 5,500 I need 500 for Xmas and 5000 for an investment as collateral I have either some land or
my website...as for the investment I will be Teaching 15 young poor dominican students how to trade in bitcoin so they can pass it on
I have a select group of young poor children that live in shacks and either have to hustle drugs or rob people at gun point to feed
thier selves i they will be calling company's up and explaining why it is vital to there business that they accept bitcoin and all crypto
currencies I will also be looking for some type of accounting software VERY USER FRIENDLY to help manage there buys and sales
I live in dominican Republic and i know it is alot of money to ask for But if anyone would like to talk please contact me ASAP
https://blockchain.info/payment_request?address=1529zvP7S8eosQ74MVWjceAHnoXEVsnYPB&amount=0.3527&message=Thank%20you%20for%20your%20help
Is anyone willing to Lend me 5,500 I need 500 for Xmas and 5000 for an investment as collateral I have either some land or
my website...as for the investment I will be Teaching 15 young poor dominican students how to trade in bitcoin so they can pass it on
I have a select group of young poor children that live in shacks and either have to hustle drugs or rob people at gun point to feed
thier selves i they will be calling company's up and explaining why it is vital to there business that they accept bitcoin and all crypto
currencies I will also be looking for some type of accounting software VERY USER FRIENDLY to help manage there buys and sales
I live in dominican Republic and i know it is alot of money to ask for But if anyone would like to talk please contact me ASAP
https://blockchain.info/payment_request?address=1529zvP7S8eosQ74MVWjceAHnoXEVsnYPB&amount=0.3527&message=Thank%20you%20for%20your%20help
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