Topic: Offering Loans - 5%/Month - page 2. (Read 5003 times)

let me tell you why would anyone would get a loan when they can take there collateral and get btc and then rebuy there alt coins back, no one hardly does this but traders.  Not many traders

Sorry, collateral is a must.

If you wish to take a loan with me I had a positive experience with the user Monbux, which I recommend.

Of course his fee is on the borrower

Where we can find "Escrow service" here?

Thank you for your kind words 

your offer is absolutely fair.And anyone who is really in need of money can get benefits here.best of luck for you.

Due to BTC sudden rise I am dropping interest rate to 0.9%   

As far as I know PBMining has no open market so no. GHS and other crypto tradable on Cex.io is acceptable.

If there is someone using PBmining / Cex.io as collateral, or whether it could be considered or that includes things harmful to the lender?

I can escrow as well. I usually escrow for these loans... but DiamondCardz would work as well
Your choice!  PM me if you are interested in using me as an escrow... I can hold all crypto-currencies.

P.S. sure, copy my loan thread without giving me credit x_x

Sure thing, we'll work something out when borrowers show up!

I can escrow if required, shoot me a message and we can work something out. I will hold the cryptocurrency on an exchange of your choice (on my account of course) and liquidate if required.

Please be sure to use escrow.  Never send collateral directly to the lender.

Hello,
I am offering loans from 0.1 to 1 BTC. I do not care what you do with the money, as long as you can provide the collateral it is all yours  

I am self moderating the thread so any loan request which doesn't provide the required collateral will be deleted. I do not want coupons, steam games, accounts, whatever. I MAY consider jewelry and precious metals but this kind of items will have to be shipped to me for evaluation.

Available funds: 2 BTC

Monthly Interest: 5% (may be discussed)
Payments: to be negotiated, usually weekly.
Loan duration: 1 week minimum - 2 month maximum
Collateral required: 110% minimum if Daily payment mode is chosen. 120% otherwise
I will accept most altcoins as collateral, however is in YOUR best interest to provide a stable one and MORE than the minimum amount. Read below.
Escrow: escrow is welcome if he/she is willing to comply with my rules, is a trusted member of this forum chosen by lender and borrower, and the borrower pays all involved fees

When the borrower sends the collateral to me I will place it on a selected exchange between cryptsy, mintpal or btc-e, if it is stable enough nothing will happen. Weeks will pass, interests will be paid and the loan will reach its end peacefully. Sadly, if the collateral/BTC price drops it may reach the point where I am forced to execute a "margin call".

Margin Call rule:
"If the value of the cross altcoin/BTC on the selected exchange drops to 102% (daily payments) or 110% (weekly payments), the collateral will be immediately liquidated and the loan will end."

This is to protect me against value drops of the collateral provided and allows the borrower to use speculative altcoins as collateral IF he is willing to take the risk of a margin call.

As I deem myself a fair and reputable person I will also allow the opposite: if the cross value rises against the BTC (the altcoin gains value), the borrower may ask for collateral cashout down to the minimum amount required.

P.S: As this is my way of handling collateral I will be held responsible if the exchange defaults or loses the funds in part or full.



Loans Supplied:
Successfully repaid/called      In Progress      Defaulted                
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None!