Author

Topic: Need 0.008 btc loan, 14 days, Collateral 800 CARDANO (Read 303 times)

copper member
Activity: 2380
Merit: 1302
Playbet.io - Crypto Casino and Sportsbook
Thank you guys. I understand the issue.  I will change the loan amount and collateral offer a bit.


I will remake my loan request
Loan amount 0.007
Repayment 0.0077
CollateraL: 850 cardano


I can fill the loan. If you are ready to send collateral then let me know. You may also request loan on Lending Service Started!.

I Will sumbit a request on your page. Thank you!
Replied on your loan request. Please have a look on that. If that is okay then please lock this thread. Thanks.
newbie
Activity: 15
Merit: 0
Thank you guys. I understand the issue.  I will change the loan amount and collateral offer a bit.


I will remake my loan request
Loan amount 0.007
Repayment 0.0077
CollateraL: 850 cardano


I can fill the loan. If you are ready to send collateral then let me know. You may also request loan on Lending Service Started!.

I Will sumbit a request on your page. Thank you!
copper member
Activity: 2380
Merit: 1302
Playbet.io - Crypto Casino and Sportsbook
Thank you guys. I understand the issue.  I will change the loan amount and collateral offer a bit.


I will remake my loan request
Loan amount 0.007
Repayment 0.0077
CollateraL: 850 cardano


I can fill the loan. If you are ready to send collateral then let me know. You may also request loan on Lending Service Started!.
newbie
Activity: 15
Merit: 0
Yea I understood what he said. I would gladly come up with collateral worth 120% of the loan request. I am just not in a position where that is possible.  I hoped somebody could help me with the loan, under the terms I offered. My collateral has a higher value than the loan I am asking for. So I thought I would give it a try :-)

Yes, you made a sincere attempt, and that is why I don't distrust you.

Good luck.

Thank you! :-)
Vod
legendary
Activity: 3668
Merit: 3010
Licking my boob since 1970
Yea I understood what he said. I would gladly come up with collateral worth 120% of the loan request. I am just not in a position where that is possible.  I hoped somebody could help me with the loan, under the terms I offered. My collateral has a higher value than the loan I am asking for. So I thought I would give it a try :-)

Yes, you made a sincere attempt, and that is why I don't distrust you.

Good luck.
newbie
Activity: 15
Merit: 0
Collateral should be 120% of the loan asked for and not 100.

As the one who originally came up with this guideline, I should correct you to say it should be 120% of the repayment amount. 

Repayment amount because that is what you are risking - not the loan amount.

120% because the value of collateral can fluctuate.


Yea I understood what he said. I would gladly come up with collateral worth 120% of the loan request. I am just not in a position where that is possible.  I hoped somebody could help me with the loan, under the terms I offered. My collateral has a higher value than the loan I am asking for. So I thought I would give it a try :-)
Vod
legendary
Activity: 3668
Merit: 3010
Licking my boob since 1970
Collateral should be 120% of the loan asked for and not 100.

As the one who originally came up with this guideline, I should correct you to say it should be 120% of the repayment amount. 

Repayment amount because that is what you are risking - not the loan amount.

120% because the value of collateral can fluctuate.
newbie
Activity: 15
Merit: 0
Thank you guys. I understand the issue.  I will change the loan amount and collateral offer a bit.


I will remake my loan request
Loan amount 0.007
Repayment 0.0077
CollateraL: 850 cardano

legendary
Activity: 2464
Merit: 3158
If you make your collateral 1000 Cardano, this will get filled more easily. Smiley
Or else you should ask for a bit lower loan with the current collateral.

legendary
Activity: 1750
Merit: 1115
Providing AI/ChatGpt Services - PM!
Loan Amount: 0.008 BTC
Amount to be repaid: 0.0088 BTC
Repayment Date: 16 nov 2018(Maybe before)
Type of Collateral: 800 ADA(Cardano)  Coin
Bitcoin Address: 1FTboVjnYhQyJRKSfpz1cBvPTEXydm3ZCW
That doesn't qualify as a valid collateral. If I'm not wrong CDA is currently being traded at 800 ADA == 56 USD. (I'm not sure if it's actually accepted by any good exchanges)

Your loan asking amount is about 0.008 btc == 50 USD. Collateral should be 120% of the loan asked for and not 100.
newbie
Activity: 15
Merit: 0
Loan Amount: 0.008 BTC
Amount to be repaid: 0.0088 BTC
Repayment Date: 16 nov 2018(Maybe before)
Type of Collateral: 800 ADA(Cardano)  Coin
Bitcoin Address: 1FTboVjnYhQyJRKSfpz1cBvPTEXydm3ZCW
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