Please Read:Have not had time to properly operate this thread, anyone who is interested please view
https://bitcointalksearch.org/topic/closed-tomatocages-1-interest-loans-up-to-20-btc-collateral-required-288543 I am not accepting current offers at this moment, if you are currently borrowing please do your best to return your loans in a prompt matter.
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Status: Not lending at this momentWilling to lend users small amounts. At 0% Interest
In most cases this is .2 BTC and under unless you give me a compelling reason to give more.
Terms- Must borrow for a legitimate purpose, no confidence/trust loans. To discourage this, in most cases I will not leave trust
- Loans handled on a case by case basis
- I have the right to decline any requests I see unfit
- No sob stories
- You may not take out other loans during this period
- If you have overall negative trust or under 50 activity you will most likely be denied.
- If you are borrowing money to arbitrage, gamble, or do anything risky then you must leave collateral.
- NEW: You must be a Full Member or higher, no inactive/bought accs.
- Maximum term is now 2 weeks
- If you don't properly follow instructions or post a minimum effort request, don't expect a reply
- Do not PM me your initial request, this should be public.
- I will only have 5 active loans out at once, defaults do not count towards this.
Example RequestAmount requested: .1BTC
Purpose: Buy graphics for my ad campaign
Term: 1 week
Trusted?: I've conducted trades with various users, have been a long time member etc.
On majority of smaller lends (.2 and less) the collateral will simply be your reputation, I will leave you negative trust if you fail to return the borrowed amount by the end of the term. On larger amounts I have the right to ask for other forms of collateral. I'll try to approve/deny all loans within 12 hours.
Why am I doing this?I'd consider this more of an experiment than anything. Hopefully I can help do some good without getting burned too badly in the end. I've started this in reaction to the massive interest fees in this section. Anyone reading this that supports this thread, I encourage you to make your own thread and do the same if you are willing to risk whatever you lend out. Worst case scenario, I can rid the forum of a few convincing scammers at the rank of full member+
Approved voxelot: BTC1.302 Aug 18, 2013 - 1btc repaid so farKingofsports: BTC 1.15 August 19,2013 Term: 3 daysmscharleneb:BTC 0.4 August 19,2013 Term: 2 weeks Defaulted
Rewt BTC .845 August 22, 2013 Term: 3 weeksDabs
BTC 0.3309 August 22, 2013 Term: Indefinite
Peonminer BTC 0.15 August 24, 2013 Term: 2 weeks[/list]
junshong: .1 BTC Sepember 26th, 2013