Author

Topic: Planning to be a lender in the future (Read 950 times)

legendary
Activity: 1554
Merit: 1222
brb keeping up with the Kardashians
September 17, 2012, 01:02:41 PM
#3
Planning to be a lender in the future


But first let me borrow as much BTC as I can and then disappear
sr. member
Activity: 336
Merit: 250
September 17, 2012, 01:03:00 AM
#2
Lending bitcoins sucks, as we are all finding out. It is "exciting," though.
sr. member
Activity: 392
Merit: 250
September 15, 2012, 11:54:35 PM
#1
I'm definitely going to lend people in the future, it just sounds exciting. But my lawyer has advised me to have contracts prepared for people to sign as they will stand up better in court.

This is what I'm planning to request from people:
-legitimate contract prepared by lawyer that states how much is being loaned and how much is going to be returned and at a specific date
-promisory note
-collateral
-credit rating
-referrals from others
-co-signor

Anyways just putting this out there as there seems to be issues with lending/borrowing in this place.
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