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Topic: Offering INTEREST FREE Loans Up To 1BTC--Collateral and Positive Trust Required - page 2. (Read 4794 times)

sr. member
Activity: 259
Merit: 250
100% Positive EBAY Feedback Since 2001
Details of loan made to arklan on December 4, 2014:

LOAN IS FUNDED.

contributors:
marcotheminer 1btc repayment 1.2 btc by jan 30th
jonald_fyookball .5 btc repayment .6 btc by feb 15th
ducatitalia 1 btc repayment 1.2 btc by feb 15th

EDIT: TL;DR: still seeking 1.5 btc - got 1btc with .5 offered if fully funded. exhausted other options. check the end of the thread.

OP:
so, i find myself slightly up the creek, as it were. while working (driving for uber, like a taxi basically which is my full time income) my car got hit by a guy pulling out fro ma parking meter. damaged my passenger side doors. back one won't open, you get the idea. the guy bolted and as of yet i haven't heard any progress from the police. IF they find him, it'll be ages before there's any money pulled out of him due to the legal process.

in order to get back to work, i'm having to cover the $1000 insurance deductible to get repairs done. it's also taken them nearly three weeks to get the appraiser out to look at the car and such. i'm probably looking at another week or more out of work. my savings are dried up. i've got the usual bills to cover... car payment, insurance, cell phone, food, (not rent thankfully) so i also need a few hundred to cover those expenses.

to sum up: need $1500 usd, interest of 15%, once i actually get back to work, i should be able to repay about $150 usd (bitcoin equivalent, of course) monthly at a minimum. with any luck the cops will find the guy and get the money from him...

since i'm asking for btc, the loan would be repaid in btc, even if the price sky rockets or whatever.

EDIT: people down thread have suggested i take the loan in USD instead. that's fine. anything is fine. i just need my car fixed.

EDIT 2: got some living expenses sorted out, but still need the deductible. i've spoken with a bank about a personal loan, but my credit here and my credit with banks and the like are very different things... EDIT: loan was denied.

I can lend you 1BTC.  Given your extensive history, positive Trust and Legendary status, I'll agree to similar terms as marcotheminer, with a couple of mods:  Repayment of 1.2BTC by midnight GMT on January 30, 2015.  For each additional day beyond January 30, 2015 an additional 0.1BTC will be owned. I don't like loans hanging out there indefinitely.  No term changes regardless of Bitcoin price fluctuations in either direction.  Please confirm that these terms work for you and if so, please repost pay-to address where you want loan sent to in your reply to this offer, in order to make sure there are no misunderstandings.  

Here is my lending thread: https://bitcointalksearch.org/topic/offering-interest-free-loans-up-to-1btc-collateral-and-positive-trust-required-871938

making repayment by then - to both of you... that's difficult. like, a lot. i need to think on this.

How much more time would you need...more interested in hard end date than getting any additional fees...

two more weeks? heck, one more even.

Not a problem.  End date of February 15, 2015 then...all other provisions remain the same--save for one more addition...Positive Trust will be left by both lender and borrower upon loan repayment and successful transaction completion.  Trust is of utmost important.

trust was a given. not a problem. address is 1F4j4Lha8BjL4wxwFVbGaQwMJ4Kd1brfXb

1BTC loan sent to 1F4j4Lha8BjL4wxwFVbGaQwMJ4Kd1brfXb.  Transaction confirmation here:
https://blockchain.info/tx/b720aeaae5b1ebf9bf5b9193f5a600331528dca7bbf175c8555c6623f0e7831a

Please confirm receipt.

Loan Amount: 1BTC
Amount to be Repaid: 1.2BTC (if late, an additional 0.1BTC to be paid for each day after due date).
Due: Midnight GMT on February 15, 2015  

Repayment address is in my sig: 1LUwMs4QJNPWZmaSrD4Uk8SrHSkbaGvqt4

confirm all of the above.
sr. member
Activity: 616
Merit: 250
Is there a way I can lend something (still Jr. member but made quite a lot of posts) ? 0.1 - 10 btc
can provide collateral of +120%
sr. member
Activity: 259
Merit: 250
100% Positive EBAY Feedback Since 2001
Received this request via PM.  Responded but have not yet heard back...


Loan amount required: .9 BTC
Collateral: $400 of ltcgear shares
Term length: 1-3 days
sr. member
Activity: 420
Merit: 250
Take a look here if you will and let me know what you think:

https://bitcointalk.org/index.php?topic=841349.0;all

1 btc portion is doable.

Please send collateral and terms detail for consideration...

1BTC loan made to Honeypot at 15% interest, due to longer repayment time-frame and risk analysis.  Final repayment of 1.15BTC to be repaid by midnight GMT on December 14, 2014.  Maidak holding collateral in escrow.  Liquidation condition if repayment is not made on time by the maturity date of December 14, 2014.  Positive Trust will be left by both lender and borrower upon loan repayment and successful transaction completion.

Honeypot, please confirm.

Confirmed.
sr. member
Activity: 259
Merit: 250
100% Positive EBAY Feedback Since 2001
Take a look here if you will and let me know what you think:

https://bitcointalk.org/index.php?topic=841349.0;all

1 btc portion is doable.

Please send collateral and terms detail for consideration...

1BTC loan made to Honeypot at 15% interest, due to longer repayment time-frame and risk analysis.  Final repayment of 1.15BTC to be repaid by midnight GMT on December 14, 2014.  Maidak holding collateral in escrow.  Liquidation condition if repayment is not made on time by the maturity date of December 14, 2014.  Positive Trust will be left by both lender and borrower upon loan repayment and successful transaction completion.

Honeypot, please confirm.
sr. member
Activity: 259
Merit: 250
100% Positive EBAY Feedback Since 2001
Take a look here if you will and let me know what you think:

https://bitcointalk.org/index.php?topic=841349.0;all

1 btc portion is doable.

Please send collateral and terms detail for consideration...
sr. member
Activity: 420
Merit: 250
Take a look here if you will and let me know what you think:

https://bitcointalk.org/index.php?topic=841349.0;all

1 btc portion is doable.
sr. member
Activity: 259
Merit: 250
100% Positive EBAY Feedback Since 2001
Willing to loan up to 1BTC to established and trusted members.  Initial loans will be made to well qualified borrowers INTEREST FREE if repaid within 7 days.  Just ask that you leave Trust and tips are welcome.  Of course, neither is required.

Guidelines, Criteria and Requirements:
1) Please post all requests in this thread, not via PM's.
2) Loans will not be made for any illegal activity.
3) Minimum 110% Collateral is required.  Collateral will be held by one of the trusted escrow options listed below, or other acceptable escrow (escrow fees to be paid by the borrower, if applicable).  
4) You must be "Full Member" status or above and have an Activity rating (not posts) greater than 100.
5) You must have a positive Trust rating on this forum.

If you do not and/or cannot meet these minimum criteria, please do not bother requesting a loan...you will be denied and ignored.  Finally, you must meet our internal general research and underwriting requirements.  Reserve the right to modify requirements, approve or deny based on comprehensive analysis.

This service is intended to provide loans that are an asset to the Bitcoin community, which foster trust and assist established members.

(UPDATED) The only loan repayment and tip BTC addresses are:
LOANS: 1MVJXkHcubUtfgzMfyEzJTSrC76UtTbtJt
TIPS: 1LUwMs4QJNPWZmaSrD4Uk8SrHSkbaGvqt4


Trusted Escrow Services:
DannyHamilton FREE
bitpop FEE: .0001BTC Transaction fee only
OgNasty FEE: 1%

Further Details:
Repayment interest rate increases for loans to be repaid after 7 days, per each loan's agreed to finalized terms...this will typically be 10% or more for loans outstanding more than one week.
Reserve the right to stop giving out interest free loans at any point.
For more information regarding acceptable collateral, please see the No Collateral, No Loan thread.

Past Loans:
Borrowing Member: Honeypot
Loan Date: November 24, 2014
Loan Amount: 1BTC
Amount to be Repaid: 1.15BTC PAID IN FULL
Due: December 14, 2014
Reference Thread

Updated negotiated loan terms with arklan as of February 16, 2015:
Borrowing Member: arklan
Loan Date: December 4, 2014
Loan Amount: 1BTC
Amount to be Repaid: 1.5BTC, 0.5BTC paid on February 16, 2015, PAID IN FULL
Due: April 15, 2015
Late Fee: 0.1BTC for each week late
Reference Thread

Borrowing Member: WoodCollector
Loan Date: December 5, 2014
Loan Amount: 2BTC
Amount to be Repaid: 2.4BTC PAID IN FULL
Due: February 5, 2015

Borrowing Member: johnniewalker
Loan Date: December 7, 2014
Loan Amount: 0.012BTC
Amount to be Repaid: 0.012BTC PAID IN FULL
Due: December 14, 2014

Borrowing Member: oscarftw
Loan Date: January 19, 2015
Loan Amount: 0.3BTC
Amount to be Repaid: 0.3BTC
Due: January 26, 2015
Late Fee: 0.1BTC for each day late
Status: Default
Reference link: https://bitcointalksearch.org/topic/senior-member-oscarftw-has-not-yet-repaid-loan-as-agreed-938996
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