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

I can easily make a 13% or more with sovereign bonds that are backed up by a legal entity and an estabilished system. On the other hand the escrow that we are going to use, while trusted in this community, is not legally bound to our deal or anything and I have to trust him to enforce my rules at all times and, especially, on time.... he may be asleep for example. On the other hand if coins are on my hand I have my trading scripts in place.

If you want to disclose your activity we can discuss payment periods. I can even settle for one payment every X months or at the end of the loan but my yield has to be at least 2.5%/month, or it is just not worth the hassle short of serious amounts (10+ BTC).

Why are they less risky? :p
Sorry, can't pay 2.5% a year.
I'll try to find someone else

Too bad then, there are investments around that are a lot less risky than this kind of private lending (es. corporate/sovereign bonds)
My last offer is 30%/year or 2.5% month. If this is not acceptable for you then I'm sorry but you may want to look elsewhere.


Of course! I wrote: "Escrow: escrow is welcome if he/she is willing to comply with my rules". I understand the fear of a collateral scam and have absolutely no problem with escrow as long as the margin call rule can be enforced by him/her

Yes, he's an idiot and sadly this forum is not well moderated, especially the marketplace section is a hell...
No, I'm sorry, I can't give more than 12.6% a year. We can discuss some other things like a free cancellation of the loan by you at any time (so just asking back the principal + 0.033% every day you lended out and the loan would be repaid within 24 hours). So in case you would need to provide a loan to someone else at a higher interest rate and need the btc for that you can get them back.

By the way, I readed your OP more carefully and I'm not going to send you the collateral but the collateral goes to a trusted escrow and stays there (collateral can still be raised)
If you lend me 10 BTC I'm not going to send 13 BTC to you risking you run away with 3 BTC profit while you didn't provide collateral 

Hi, I feel your pain for that idiot RiverboatBTC trolling your post, moderators should really take care of him.

I can't accept 1% month though, it is too low given BTC fluctuations. We can settle for a 4% I guess.

https://bitcointalksearch.org/topic/taking-long-term-loans-1268-intrest-annually-130-collateral-at-all-time-884267

it's a lower interest rate but fully collaterized at all time and you can chose the duration and amount

up!

 

Alright then. Thanks on this link, it's useful.

That is not a collateral.


Source: https://bitcointalksearch.org/topic/m.6311902

I'm in this video competition that'll end in 2 days, https://bitcointalksearch.org/topic/4-btc-in-prizes-primedicecom-primedice-video-competition-832301 and will be getting at least .1 from it.

Killerloop only gives loans if you have collateral.

I'm buying 5 mh/s of ZenHashlet. In need of $75 to complete my purchase (already got some bitcoins on my wallet), -> 0.2191 needed. I was thinking about a 0.24 repayment in less than 4 days. Let me know if you're up for it.

No sorry. Physical goods, non reversible money transfers and altcoin only.

Escrow is welcome.

do you accept paypal as collateral? (with escrow)

UP!

UP! New conditions posted 

Sure, LiteCoin is the best collateral!

I might need a 0.1 BTC loan soon, running low on funds.
Does LiteCoin count as a valid collateral?  I have 15 LTC.

Altcoins and anything of material value (gold, silver, jewelry) you can ship to me first is accepted.


It is fine by me as I don't want to take any risk.

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!