Willing to loan up to 1
BTC 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: .0001
BTC 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: HoneypotLoan Date: November 24, 2014
Loan Amount: 1
BTC Amount to be Repaid: 1.15
BTC PAID IN FULL Due: December 14, 2014
Reference ThreadUpdated negotiated loan terms with arklan as of February 16, 2015:
Borrowing Member: arklanLoan Date: December 4, 2014
Loan Amount: 1
BTC Amount to be Repaid: 1.5
BTC, 0.5
BTC paid on February 16, 2015,
PAID IN FULL Due: April 15, 2015
Late Fee: 0.1
BTC for each week late
Reference ThreadBorrowing Member: WoodCollectorLoan Date: December 5, 2014
Loan Amount: 2
BTC Amount to be Repaid: 2.4
BTC PAID IN FULL Due: February 5, 2015
Borrowing Member: johnniewalkerLoan Date: December 7, 2014
Loan Amount: 0.012
BTC Amount to be Repaid: 0.012
BTC PAID IN FULL Due: December 14, 2014
Borrowing Member: oscarftwLoan Date: January 19, 2015
Loan Amount: 0.3
BTC Amount to be Repaid: 0.3
BTC Due: January 26, 2015
Late Fee: 0.1
BTC for each day late
Status: Default
Reference link: https://bitcointalksearch.org/topic/senior-member-oscarftw-has-not-yet-repaid-loan-as-agreed-938996