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condoras

legendary

Activity: 2912

Merit: 1103

This is what I do. I drink and I know things.

Quote from: ?? on ??

I was just curious if there was a possibility considering BTC is used for a lot of reasons. Maybe I'll open a company that offers that service.

I think that you say anything in order to excuse your Loan Request here and don't get a negative.

You are curious if BTC is used for what reason? Don't you know already? Oh sorry,you don't but you came here to sell...cars... Roll Eyes

And now you are "thinking" to open a company giving Loans in crypto? Why, you know a reason?! From selling "exotic" cars to Lending crypto... Cheesy

Of course BTC and any other crypto can be used for all the reasons, the same reasons that you have already and use fiat. But you don't know that, yes... Cheesy

You are full of irrelevant and fake thoughts, words, project, knowledge.
I will suggest you to lock at least this Thread of yours (not to say both of them) and go somewhere else.
Winter is coming... Cool

betudontbet

sr. member

Activity: 406

Merit: 250

Quote from: ThatRandom8543 on October 03, 2017, 09:45:51 PM

Quote from: ExoticMotors on October 03, 2017, 06:59:03 PM

I have vehicles as collateral how would BTC lending work in regard to title loans? What are some trustworthy escrow services?

Not something you could simply do overnight due to the amount of paperwork and work needing to secure the car, check the condition, etc. If you need money and want to have the cars as a loan, best to get a real title loan from a loan service (or possibly post them as security at a bank) and like betudontbet to buy bitcoins with that loan. Youre best to read the first two post from https://bitcointalksearch.org/topic/edu-the-rule-of-no-collateral-no-loan-ignore-at-your-own-risk-577765 because you are also selling cars in another thread so using those same cars as collateral (even the ones listed on the site) tells people here that you have no intent of repaying.

Sure, that's why I told him to check the local pawn shop if he really wants to get a loan with their titles is hard to find in bitcointalk someone related to bitcoins that also wants to make this kind of agreements.

ThatRandom8543

sr. member

Activity: 1330

Merit: 307

Quote from: ExoticMotors on October 03, 2017, 06:59:03 PM

I have vehicles as collateral how would BTC lending work in regard to title loans? What are some trustworthy escrow services?

Not something you could simply do overnight due to the amount of paperwork and work needing to secure the car, check the condition, etc. If you need money and want to have the cars as a loan, best to get a real title loan from a loan service (or possibly post them as security at a bank) and like betudontbet to buy bitcoins with that loan. Youre best to read the first two post from https://bitcointalksearch.org/topic/edu-the-rule-of-no-collateral-no-loan-ignore-at-your-own-risk-577765 because you are also selling cars in another thread so using those same cars as collateral (even the ones listed on the site) tells people here that you have no intent of repaying.

betudontbet

sr. member

Activity: 406

Merit: 250

Quote from: ExoticMotors on October 03, 2017, 06:59:03 PM

I have vehicles as collateral how would BTC lending work in regard to title loans? What are some trustworthy escrow services?

I think is not going to be an easy job to find a trustwhorty escrow to hold these kind of documents, better check in your local pawn shop for money and buy bitcoins with them, high fees there probably, have not seen a loan of bitcoins using a car as collateral.

ExoticMotors

newbie

Activity: 40

Merit: 0

Updated

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