Collateral must be shipped ahead of time? All of my collateral that range in the 4K range are all tech I use everyday, might not be feasible for me.
Yeah I'm a newbie here, mostly on Reddit discussions. But I have to start somewhere.
I make 60-70K a year right now, I can provide Stubbs, gov. ID, matching addresses and picture verification, etc to whomever lends.
Would that suffice?
That may prove you make money and you have the ability to repay, but it doesn't guarantee you will.
Anyone that will lend you 40btc will want something in their possession to hold onto until you repay.
With that kind of income, why not just go to a bank?