For new borrowers or borrowers who will take loan again but are in mixers I am thinking twice before accepting any ass they will lose their position and it will be hard to be accepted on any other campaign though already mixers participant has been moved to other campaigns. I am giving a lower amount than before the announcement of the mixers promotion will be closed on the forum.
Topic: Recently woke up asking for a loan (Read 947 times)
I'm starting my interest free loan service 1 week after mixers ban. I don't know how I'll feel if my loans aren't repaid. It's a smart move by you stopping giving loans to mixer sig users. You've encountered loan defaulters so it doesn't surprise me what you're doing by limiting loans because it's protecting you.
Any account recently waking up and asking for a loan after a long period of inactivity IS suspicious. However, not everyone is going to be a scammer or a hacker or a compromised account. Some people do seek out to these forums for loans but many fellow account thieves in the Bitcointalk community also tend to hack these notable accounts in an attempt to steal money from hardworking innocent people here which SUCKS. Personally unless I knew this person in real life or can verify that they are the original owner through other mean I would advise not loaning them.
Is really hard to identify hackers and scammers in this community, so seeing an account that hasn't been active for a very long time just pop up and start asking for loan can be suspicious like you said but on the other hand the user can be genuine, it works both ways. And it's left for you to decide whether to give or not. Giving loan on this Forum is like answering an unknown number, you don't know who's at the receiving end.
But since you don't know the user in person you have every right to assume whatever comes out from your head. Imagine you as someone who's giving out loan, would you just give out loan in this festive season? I believe it would be hard to try it even with someone you hardly know, I'd say it again, is a risky task (giving loan on the Forum).
Any account recently waking up and asking for a loan after a long period of inactivity IS suspicious. However, not everyone is going to be a scammer or a hacker or a compromised account. Some people do seek out to these forums for loans but many fellow account thieves in the Bitcointalk community also tend to hack these notable accounts in an attempt to steal money from hardworking innocent people here which SUCKS. Personally unless I knew this person in real life or can verify that they are the original owner through other mean I would advise not loaning them.
That's why if you knew it's going to happen you'd make measures to limit loans you're accepting. For the remaining Dec 23 some users are getting $10 for posting but Jan 24 they won't get it. You can't accept income they'll lose before agreeing to loaning them money so you've got to make difficult loan decisions.
You've lost loaned money it's bad they've defaulted. I hope you don't get the biggest loan defaults in Jan 24.
For new borrowers or borrowers who will take loan again but are in mixers I am thinking twice before accepting any ass they will lose their position and it will be hard to be accepted on any other campaign though already mixers participant has been moved to other campaigns. I am giving a lower amount than before the announcement of the mixers promotion will be closed on the forum. You've lost loaned money it's bad they've defaulted. I hope you don't get the biggest loan defaults in Jan 24.
That's why if you knew it's going to happen you'd make measures to limit loans you're accepting. For the remaining Dec 23 some users are getting $10 for posting but Jan 24 they won't get it. You can't accept income they'll lose before agreeing to loaning them money so you've got to make difficult loan decisions.
You've lost loaned money it's bad they've defaulted. I hope you don't get the biggest loan defaults in Jan 24.
You've lost loaned money it's bad they've defaulted. I hope you don't get the biggest loan defaults in Jan 24.
Off topic but aren't you worried about defaults on the loans you've given to users on sig campaigns? On 1st Jan many sig campaign participants aren't going to have on week payment because they won't be in sig campaigns. There's going to be users who won't be able to make repayments.
Yes, I am worried but it wasn't pre-declared. However, I am not worried about all the ranks as almost all the mixers had good rates for the participants as a result they tried to take the best participants. As they are the best participants they would be able to join other campaigns. But I am worried for full members as there is usually no vacancy for full members.
Taking loan on the Forum is something that has been happening in a long while since before I joined the Forum no doubt. Giving out loan isn't that bad to those members doing it, but what's the assurance that whenever a loan is being given out that it will returned without we having complains? Like a complain of a member who refuses to pay back a loan? How safe is it to even start with (giving loan)
I don't think is even proper to start up a thread or report a member for not complying, because when the business was going down nobody had any idea about it, just saying. It has to be on you and your business partner if anything goes wrong is on you and loan givers should bear it in mind that your money has 98% chance of not coming back.
I don't think is even proper to start up a thread or report a member for not complying, because when the business was going down nobody had any idea about it, just saying. It has to be on you and your business partner if anything goes wrong is on you and loan givers should bear it in mind that your money has 98% chance of not coming back.
Off topic but aren't you worried about defaults on the loans you've given to users on sig campaigns? On 1st Jan many sig campaign participants aren't going to have on week payment because they won't be in sig campaigns. There's going to be users who won't be able to make repayments.
Yes, I am worried but it wasn't pre-declared. However, I am not worried about all the ranks as almost all the mixers had good rates for the participants as a result they tried to take the best participants. As they are the best participants they would be able to join other campaigns. But I am worried for full members as there is usually no vacancy for full members.
Off topic but aren't you worried about defaults on the loans you've given to users on sig campaigns? On 1st Jan many sig campaign participants aren't going to have on week payment because they won't be in sig campaigns. There's going to be users who won't be able to make repayments.
they have spent in other campaign couple how many campaign they have promoted before.
You are right about all other things except this one as it is almost impossible to know on which campaign the borrower has worked. Even if there are several changes, the borrower may not remember, and those that are closed are difficult (time-sensitive to find out).they have spent in other campaign couple how many campaign they have promoted before.
You are right about all other things except this one as it is almost impossible to know on which campaign the borrower has worked. Even if there are several changes, the borrower may not remember, and those that are closed are difficult (time-sensitive to find out). 
I haven't requested for a loan before from right when I got to the forum till now so I don't know how the loan processes in the forum works for anyone to be granted a loan but generally there must be criteria and rules to be fulfill to be eligible for a loan.
You don't just pop up from a nowhere to demand for a loan and expect to be given, be it $1 you're requesting for, be it he's the real owner of the account or not; equally in the traditional banking system it doesn't work like this. And am certain no one will take him serious to give him the loan he's seeking for. Better to be ignored.
You don't just pop up from a nowhere to demand for a loan and expect to be given, be it $1 you're requesting for, be it he's the real owner of the account or not; equally in the traditional banking system it doesn't work like this. And am certain no one will take him serious to give him the loan he's seeking for. Better to be ignored.
One of the major criteria lenders do look after is the current campaign they are actively in before they would release the loan, then secondly how often they do gets merits and their interaction within the forum, also long they have spent in other campaign couple how many campaign they have promoted before. I think these are the Major key points lender do seek after.
But No No to a just wokeup account to rest for a loan over here, nobody will accept to such persons a loan because their account is not trusted and may not pay back because the account is not in any campaign to pay back their debts.
I won't say that it's a 100% or definitely scam attempt, but it seems so suspicious. Someone who has been gone for over two years, and his first post today after returning is a request for an $800 loan. I believe everyone should be careful and caution when dealing with this user regardless of how much trust he had before or his history. It's also possible that the account has been sold or hacked.
One more thing I noticed is that the USDT TRC20 address he provided for the loan has never been used by him before.
I haven't requested for a loan before from right when I got to the forum till now so I don't know how the loan processes in the forum works for anyone to be granted a loan but generally there must be criteria and rules to be fulfill to be eligible for a loan. One more thing I noticed is that the USDT TRC20 address he provided for the loan has never been used by him before.
You don't just pop up from a nowhere to demand for a loan and expect to be given, be it $1 you're requesting for, be it he's the real owner of the account or not; equally in the traditional banking system it doesn't work like this. And am certain no one will take him serious to give him the loan he's seeking for. Better to be ignored.
Here's also a place of business but to me I still don't find it ok to be giving out loan, because the risk is too much to handle.
Just like you don't find it Ok to give out a loan because it's risky, other people find it not OK to gamble or even trade because of the risk.Giving out loans is actually business, What lender maybe need to is to become more picky on who to lend money to and who not to lend to. But I think over the years the number of loan defaulters has reduced.
Everything is a risk so you using trading as an example is not suppose to be, you know how trading is and no matter how risky it is you must get your profit even if you lose.
Talking about giving loan, no matter how picky the lender is the risk is still at 100% sure that he can lose his money.
This kind of business is not that transparent, you're not seeing the person you're giving the loan, you know nothing about him and if you can't get your money back what do you do? Nothing helpful to get your money back.
So you saying loan defaulters has reduced, I don't agree with you on that, they're now much because the loan collectors know they can't be traced should incase they refuse to pay back.
Here's also a place of business but to me I still don't find it ok to be giving out loan, because the risk is too much to handle.
Just like you don't find it Ok to give out a loan because it's risky, other people find it not OK to gamble or even trade because of the risk.Giving out loans is actually business, What lender maybe need to is to become more picky on who to lend money to and who not to lend to. But I think over the years the number of loan defaulters has reduced.
He should've joined a sig campaign to stack sats because he's Hero rank but he's asking for a loan.
Because his aim was to get a loan, get out and never pay. He was never interested in joining a signature campaign
He should've joined a sig campaign to stack sats because he's Hero rank but he's asking for a loan. His forum name's good enough to attract loans but he doesn't use it so he shouldn't be trusted. The loan request's been refused so he won't be getting money from ppl in the forum.
User profile: ~Money~
Last post before the come back : May 02, 2021
The post where he asked for a loan (archived)
One more thing I noticed is that the USDT TRC20 address he provided for the loan has never been used by him before.
Last post before the come back : May 02, 2021
The post where he asked for a loan (archived)
Loan Amount: 800 USDT
Loan Purpose: personal
Loan Repay Amount: 900 USDT
Loan Repay Date: 1 month
Type of Collateral: None
USDT Address TRC20: TKQ7ySZVKjdG5AkTegL6J9f26zRDYgKFRJ
Loan Purpose: personal
Loan Repay Amount: 900 USDT
Loan Repay Date: 1 month
Type of Collateral: None
USDT Address TRC20: TKQ7ySZVKjdG5AkTegL6J9f26zRDYgKFRJ
One more thing I noticed is that the USDT TRC20 address he provided for the loan has never been used by him before.
Here's also a place of business but to me I still don't find it ok to be giving out loan, because the risk is too much to handle. Someone might decide to take a huge amount of loan without having it in mind to pay back and how's the person going to get his money back? By complaining to the Forum and red tagging the user account who collected the loan? Would that solve the problem?🤔
I don't know how is going to be but anybody giving loan on this Forum should know that you're on your own, because you know how risky it is and you're still doing it, is better you stop it. Now people create account to take loan and then they're nowhere to be found when it's time to pay.
I don't know how is going to be but anybody giving loan on this Forum should know that you're on your own, because you know how risky it is and you're still doing it, is better you stop it. Now people create account to take loan and then they're nowhere to be found when it's time to pay.
But the user has failed all of these as the user woke up recently. Who knows if the account has been sold or not? However, the possibility of being hacked is too low as the user had not created any post regarding the hack.
You should've gone a step further to put a neutral tag on such user (as a reg tag will be an overkill) to warn others, seeing how some of them have been defaulting on loans. I read your story with Edwardard, all what transpired and it saddened me. As for ~money~, their poor attempt is very evident of the scam they intended carrying out. An account that was last active in May 2021, only to wake up in October 20, 2023 and the first thing they deemed fit was to ask for a loan after over two years of absence. The user didn't just ask for a loan but a $800 loan. That's ridiculous. If the borrower's intention wasn't bad, why did they cease to post again after the loan demand was made. The answer is obvious. 
-snip-
Obviously there could be a reason why the borrower had requested for such an amount of loan from nowhere which he or she did not say and the account has been inactive for a while to o start with but not withstanding he must have gone elsewhere to seek for the loan since he could not get it from here and I think for that reason he should be active here again so as not to be ignored or get his or her request being declined as a result of their inactivity here.If I may ask Sir, how does one become a DT member here as I am curious about it. I have not really paid attention to that aspect of the platform engagements about DTs but I should start it now.
Of course you should study it - but that is a question that has nothing to do with this topic. I hope the advice from users before me can help you increase your knowledge of trust systems - so try reading around and asking about anything you don't understand in the thread.Question for OP - since the accused user has become inactive, does that mean this thread is over?
Lenders would definitely have their own procedures or possibly measures through which one must be able to meet before they get the loan they applied for. Although I have not applied for a loan here but I think It is something every one should know that there must be some certain criteria on must satisfy before they can access the loan the loan they have applied for but if they are not up to it, then the lender would definitely decline their application for such loans.
-snip-
Obviously there could be a reason why the borrower had requested for such an amount of loan from nowhere which he or she did not say and the account has been inactive for a while to o start with but not withstanding he must have gone elsewhere to seek for the loan since he could not get it from here and I think for that reason he should be active here again so as not to be ignored or get his or her request being declined as a result of their inactivity here.If I may ask Sir, how does one become a DT member here as I am curious about it. I have not really paid attention to that aspect of the platform engagements about DTs but I should start it now.
Of course you should study it - but that is a question that has nothing to do with this topic. I hope the advice from users before me can help you increase your knowledge of trust systems - so try reading around and asking about anything you don't understand in the thread.Question for OP - since the accused user has become inactive, does that mean this thread is over?
If I may ask Sir, how does one become a DT member here as I am curious about it. I have not really paid attention to that aspect of the platform engagements about DTs but I should start it now.
You just need to have one of the DT 1 members to add you to their trust list. That's just one of the conditions, but before they include you, you need to do something convincing like giving lots of valid tags to other users and also have a decent contribution. DT 1 will not add you to its belief list by chance, but usually they did due of your contribution to the trust system.If you are interested in knowing a lot, then try to understand this guide from LoyceV: LoyceV's Beginners guide to correct use of the Trust system
Talking about the tag, I would not say much about it as I am not a DT member to be in a position of taking any decision of such nature.
DT status doesn't stop you tagging someone - but inappropriate tags can be questionable. You are not required to be on DT to send any tags to someone if that is necessary - but you do need to consider something reasonable as a reference if you want to tag someone if based on other users' accusations.Users mentioned by the OP certainly have motives and reasons for making loan requests - but we will never know exactly what their motives are. He could have wanted to get a loan because there was something urgent - but he didn't get it because his account didn't have regular activity like most other borrowers.
Would it be OK to leave a neutral tag on the profile about the loan incident after a long period of inactivity, just to act as a heads-up on anyone who might attempt to deal with the account in future?
I wanted to add one to the profile, but I don't want to be trigger-happy with tags which could easily draw criticism if they are unnecessary.
Of course - I think you can do it - IMO, but I'm tend to agree if you put it on a list of users you distrust.I wanted to add one to the profile, but I don't want to be trigger-happy with tags which could easily draw criticism if they are unnecessary.
Obviously there could be a reason why the borrower had requested for such an amount of loan from nowhere which he or she did not say and the account has been inactive for a while to o start with but not withstanding he must have gone elsewhere to seek for the loan since he could not get it from here and I think for that reason he should be active here again so as not to be ignored or get his or her request being declined as a result of their inactivity here.
If I may ask Sir, how does one become a DT member here as I am curious about it. I have not really paid attention to that aspect of the platform engagements about DTs but I should start it now.
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