hello you can check the google about my site courses video proof as well earning proof as well so this is not lie as well if you need escrow then i don't have problem with that as well i am not selling domain i need loan against my site site you can check it out about this on youtube as well thanks
I'm not denying that there are videos out there that proof somebody earned money from a site where you can give admin access to a lender... I'm just saying that collateral should be something the borrower gives to the lender so the lender can sell the collateral in case the borrower defaults... In your case: what can a borrower do if you default and he only has admin access to a site with earning potential, and you can actually REMOVE his admin access with a simple db query so he is left with nothing at all???
Anyways, i'm leaving this thread now, i just wanted to point out the flaw in your logic.... I do give loans sometimes (but very seldom) and this offer defenatly doesn't interest me...
These words from Vod are just as true now as they were the day he wrote this post:
Collateral is something that can easily be resold to cover the loan value plus interest should the loaner default on the loan.
--snip--
- Some digital wares such as domain names can be considered as long as the user cannot recover it.
--snip--
What is not considered collateral?
--snip--
- 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.
--snip--
In your case:
- as long as the domain isn't tranferred to an escrow or the lender, you can still recover it. Admin access means nothing, it has to be transferred to the private registrar's account of either the borrower or an escrow WITH contracts that allow the escrow or the borrower to legally keep the tld if you default
- a different user pointed out that your domain is actually for sale
- as long as the domain isn't tranferred to an escrow or the lender, it is not in hand
- future income (because it's an earning site) should not be considered as it is not guaranteed
- even if you transfer the domain to the lender, there is no guarantee he'll be able to quickly sell it in case you default... It's not like you're using the google.com tld as collateral tbh
the video created by me so there no somebody who earn from the site i am the owner and i earned from the site and yes site is for sell not only domain i am selling my site with full courses resale right as well i don't have problem to do the escrow thing you can check it out the earning as well as the selling price you can check it out the amount is higher ok so i hope you get it and i am not asking for you to give me loan if you not confirm it i just clear your doubts but if you still have problem then it's your problem ok if any one here want to give loan skype me thanks
If the site and/or domain are for sale then they are rendered worthless altogether because you wouldnt have any intent of paying the loan back if you default. If you do not have anything else that is 120% of what youre seeking I would advise that you lock this thread before you get any more negative feedback.