Thanks Condoras.
You offer your phone, which you will sell it either way in three months, as Collateral?
What I meant by this was
i) the lender can keep the phone if they want it
ii) the lender can opt for me to sell it locally and then transfer funds
iii) the three months was in reference to me having a new phone in that time, so I am ok parting with it and using it for collateral
i) There isn't a single lender that want's whatever he takes as Collateral, you missing the actual meaning of Collateral.
Besides, if he want it then he just buy it.
ii) The lender isn't a middle salesman neither a store.
iii) Of course you are, you don't risk anything. So why don't you just go to a local shop in Chicago and give it or even exchange it?
If you feel that this should be closed, let me know and I'll lock it down.
I did honestly think that my case was justified though, maybe something was lost in translation along the way.
Imho there isnt' really a "loan need" here. You want to find someone to sell it or to sell it for you. Now, in a week, in 3 months, doesn't matter and that's ok. But
Still though that's a
sale and have nothing to do with a
loan.Not even to the slightest.
You can do whatever you believe that is better, as we all do.
