Small loan - good return + collateral

hermanhs09

hero member

Activity: 574

Merit: 500

Quote from: minister13 on April 11, 2017, 11:18:35 AM

Amount Requested:0.001 BTC
Date repayment is to be made: within 10 days.
Repayment Amount:0.0012
Collateral: 1$ Amazon Gift Card Code
BTC address to fund the loan to: 182jy7NornqWAkPybN3wEJhE5qxMbcJpHZ

First of all, I don't know where you live in but as per my experience even in the poorest of countries I don't see anyone asking for a one dollar loan. Especially when the transaction fees to send that money is 50 cents or more.

Secondly an Amazon GC isnt a valid collateral as you can spend it anytime. A valid collateral has to be completely outside of the borrowers control.

warningsigns

hero member

Activity: 896

Merit: 1082

He is not asking for a loan. He is trying to sell that $1 Amazon gift code for 0.001 BTC.

But it seems he underestimated this community's quick and forward thinking heads.

Jemzx00

hero member

Activity: 1498

Merit: 547

Be nice!

Quote from: minister13 on April 13, 2017, 12:14:23 PM

Please someone Huh

No one will provide this loan of yours even if you beg (begging won't help).
These may be the reason why:
•Your a low rank with a negative trust
•Your collateral is useless since noone can know if that is used or not
•Amount your asking is too low that even the fee would cost more than that.
So maybe ask your parents for that amount rather than asking here.

minister13

newbie

Activity: 25

Merit: 0

Please someone Huh

Starlightbreaker

legendary

Activity: 1764

Merit: 1006

Quote from: ThatRandom8543 on April 11, 2017, 11:33:53 AM

Quote from: minister13 on April 11, 2017, 11:18:35 AM

Amount Requested:0.001 BTC
Date repayment is to be made: within 10 days.
Repayment Amount:0.0012
Collateral: 1$ Amazon Gift Card Code
BTC address to fund the loan to: 182jy7NornqWAkPybN3wEJhE5qxMbcJpHZ

Collateral is useless. Provide another collateral that is valid, can be secured (eg altcoin), or lock this thread.

And please, read some stickies before posting. It will be good for all of us here... Wink

ThatRandom8543

sr. member

Activity: 1344

Merit: 307

Quote from: minister13 on April 11, 2017, 11:18:35 AM

Amount Requested:0.001 BTC
Date repayment is to be made: within 10 days.
Repayment Amount:0.0012
Collateral: 1$ Amazon Gift Card Code
BTC address to fund the loan to: 182jy7NornqWAkPybN3wEJhE5qxMbcJpHZ

Collateral is useless. Provide another collateral that is valid, can be secured (eg altcoin), or lock this thread.

minister13

newbie

Activity: 25

Merit: 0

Amount Requested:0.001 BTC
Date repayment is to be made: within 10 days.
Repayment Amount:0.0012
Collateral: 1$ Amazon Gift Card Code
BTC address to fund the loan to: 182jy7NornqWAkPybN3wEJhE5qxMbcJpHZ

Topic: Small loan - good return + collateral (Read 562 times)