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Topic: Need $10 BTC loan - thanks in advance - page 2. (Read 1389 times)

legendary
Activity: 2800
Merit: 1012
Get Paid Crypto To Walk or Drive
November 13, 2015, 12:06:48 PM
#4
hmmmm this might be a noob question, but what kind of things do people offer as collateral, and how do you secure the collateral?

collateral can basically be anything that has value.  The kinds of things that work best are cryptocurrencies and forum accounts.  Physical items can be used (although for this small of a loan, the shipping involved would not be worth it).  Usually these items are either given to the person funding the loan or a trusted escrow party.
full member
Activity: 251
Merit: 100
November 13, 2015, 11:59:21 AM
#3
hmmmm this might be a noob question, but what kind of things do people offer as collateral, and how do you secure the collateral?
legendary
Activity: 1302
Merit: 1025
November 13, 2015, 11:37:05 AM
#2
Any collateral for this loan? Well your reason for this loan is not really that kind of reason where people will be interested in giving you a loan. If you could provide a collateral which is 120% of your loan then I migjt give this loan to you.
full member
Activity: 251
Merit: 100
November 13, 2015, 11:30:58 AM
#1
I am currently going to purchase a gift card to Reebok on Cryptothrift which someone is giving me the money for. Once I have the money I will load my Bitcoin account with the $10 and pay you back $11. I am hoping that I can build trust on bitcointalk.org for future transactions as I am pretty new here. Thanks in advance!
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