Really Can get a loan from here? I dont have any Collateral

jackg

copper member

Activity: 2856

Merit: 3071

https://bit.ly/387FXHi lightning theory

Quote from: ferall on June 02, 2018, 12:45:10 PM

You won’t get a loan here without crypto collateral.

Well some physical posessions could be taken as collateral by a trusted member of the forum nearby for some users - provided the escrow was trustworthy enough.
Also some items such as land, if they're near someone here may be of interest even if the person defaults. In some countries, land is quite easy to shift, if op has land in a country like one of these then someone will likely lend to him.

ferall

sr. member

Activity: 672

Merit: 265

https://bitcointalksearch.org/topic/edu-the-rule-of-no-collateral-no-loan-ignore-at-your-own-risk-577765

firojasif

newbie

Activity: 14

Merit: 0

Quote from: ferall on June 02, 2018, 12:45:10 PM

You won’t get a loan here without crypto collateral.

Quote

crypto collateral means??
Whats are these? if u dont mind, Can you tell me in details please...

ferall

sr. member

Activity: 672

Merit: 265

You won’t get a loan here without crypto collateral.

firojasif

newbie

Activity: 14

Merit: 0

Quote from: jackg on June 02, 2018, 12:27:59 PM

Quote from: firojasif on June 02, 2018, 12:14:39 PM

I have Collateral but not in online. I have land area in my local area. So, what I need to have as Collateral in online to get a loan ?
Can you suggest me please....

Go to your bank with the ownership documents of your land and some information on it for them to look at and suggest you an offer.

You could state what country you're in, the size of the land and how much it would be worth (if you know this).

But I like to get a loan from here online. Bank will take much time and they will ask many docs as well as 3-5 steps application form to signup and then they will take at least 20-30 days to fund me the loan amount.

jackg

copper member

Activity: 2856

Merit: 3071

https://bit.ly/387FXHi lightning theory

Quote from: firojasif on June 02, 2018, 12:14:39 PM

I have Collateral but not in online. I have land area in my local area. So, what I need to have as Collateral in online to get a loan ?
Can you suggest me please....

Go to your bank with the ownership documents of your land and some information on it for them to look at and suggest you an offer.

You could state what country you're in, the size of the land and how much it would be worth (if you know this).

firojasif

newbie

Activity: 14

Merit: 0

I have Collateral but not in online. I have land area in my local area. So, what I need to have as Collateral in online to get a loan ?
Can you suggest me please....

jackg

copper member

Activity: 2856

Merit: 3071

https://bit.ly/387FXHi lightning theory

Quote from: firojasif on June 02, 2018, 11:51:21 AM

I am looking for a loan here of $500-$1000 on btc or neteller but I dont have any kind of Collateral
Rather I have all kind of ID documents to verify my identity. With that can I get a loan from here from any one?
I like to offer 10% interest monthly and Minimum 3 months term Loan.
Will I get any favor from here ?

No. Even if you had collateral you wouldn't get a loan as you don't specify a loan term.

You'd need to keep adding to the collateral or paying off the interest monthly so the lender doesn't end up short of their interest.

actmyname

copper member

Activity: 2562

Merit: 2510

Spear the bees

No collateral, no loan.

Literally one of the stickied threads: https://bitcointalksearch.org/topic/edu-the-rule-of-no-collateral-no-loan-ignore-at-your-own-risk-577765

Quote from: DiamondCardz on April 20, 2014, 09:40:54 AM

The rule of "No Collateral, No Loan" means that in order to get a loan you must give collateral that is equal, or preferably higher to the amount you are being loaned.

If you completely ignore this sticky and make a loan request with no collateral, without having massive trust on the forum, the chances of you getting negative trusted feedback and therefore having a Trade with Extreme Caution tag is almost 100%.

firojasif

newbie

Activity: 14

Merit: 0

I am looking for a loan here of $500-$1000 on btc or neteller but I dont have any kind of Collateral
Rather I have all kind of ID documents to verify my identity. With that can I get a loan from here from any one?
I like to offer 10% interest monthly and Minimum 3 months term Loan.
Will I get any favor from here ?

Topic: Really Can get a loan from here? I dont have any Collateral (Read 215 times)