Topic: what is collateral and how does it work? (Read 1403 times)
A collateral is basically an insurance that the lender will get his amount back in the event of the lendee defaulting. Which is a popular sport here on the forum
Change the password before giving it.. You are aware of that, right?
Ahah
Seems silly but it's clearly a good advice ^^ 
i see people giving/asking for loans talk about collateral?
what are the things that are considered collateral
i only know of the bitcointalk account, and most importantly i want to know how does it work?
what are the things that are considered collateral
i only know of the bitcointalk account, and most importantly i want to know how does it work?
https://bitcointalksearch.org/topic/edu-the-rule-of-no-collateral-no-loan-ignore-at-your-own-risk-577765
its explain here!
Let us know if u have more questions
Change the password before giving it.. You are aware of that, right?
Good stable Altcoins are another good collateral.
i see people giving/asking for loans talk about collateral?
what are the things that are considered collateral
i only know of the bitcointalk account, and most importantly i want to know how does it work?
what are the things that are considered collateral
i only know of the bitcointalk account, and most importantly i want to know how does it work?
https://bitcointalksearch.org/topic/edu-the-rule-of-no-collateral-no-loan-ignore-at-your-own-risk-577765
its explain here!
Let us know if u have more questions
Change the password before giving it.. You are aware of that, right?
Good stable Altcoins are another good collateral.
so for example if i want to get a loan and give my account here as collateral, i should give the Escrow my username and password right?
You don't really want to use Escrow, if you trust the lender, you can give it to him/her.
-MZ
Yes, that is the faster and cheapest way to do it.
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so for example if i want to get a loan and give my account here as collateral, i should give the Escrow my username and password right?
You don't really want to use Escrow, if you trust the lender, you can give it to him/her.
-MZ
i see people giving/asking for loans talk about collateral?
what are the things that are considered collateral
i only know of the bitcointalk account, and most importantly i want to know how does it work?
what are the things that are considered collateral
i only know of the bitcointalk account, and most importantly i want to know how does it work?
https://bitcointalksearch.org/topic/edu-the-rule-of-no-collateral-no-loan-ignore-at-your-own-risk-577765
its explain here!
Let us know if u have more questions
That is right, and when u repay u get it back again.
i see people giving/asking for loans talk about collateral?
what are the things that are considered collateral
i only know of the bitcointalk account, and most importantly i want to know how does it work?
what are the things that are considered collateral
i only know of the bitcointalk account, and most importantly i want to know how does it work?
https://bitcointalksearch.org/topic/edu-the-rule-of-no-collateral-no-loan-ignore-at-your-own-risk-577765
its explain here!
Let us know if u have more questions
i see people giving/asking for loans talk about collateral?
what are the things that are considered collateral
i only know of the bitcointalk account, and most importantly i want to know how does it work?
what are the things that are considered collateral
i only know of the bitcointalk account, and most importantly i want to know how does it work?
https://bitcointalksearch.org/topic/edu-the-rule-of-no-collateral-no-loan-ignore-at-your-own-risk-577765
its explain here!
Let us know if u have more questions
i see people giving/asking for loans talk about collateral?
what are the things that are considered collateral
i only know of the bitcointalk account, and most importantly i want to know how does it work?
what are the things that are considered collateral
i only know of the bitcointalk account, and most importantly i want to know how does it work?
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