Silk Road forums
Market => Product offers => Topic started by: BlarghRawr on September 04, 2012, 10:05 pm
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This is not a service for beggars. This is a service for people who have found themselves, for whatever reason, lacking the funds to make a purchase they really wanted to make.
The interest rate is 15% per day, calculated on the day the loan is paid back.
The interest starts at the moment the loan is given. That means that if the loan is paid off within 24 hours, there is a 15% rate.
As an example: If the loan is paid off between 24 and 48 hours, there is a 30% rate.
Further example: If the loan is paid off between 48 and 72 hours, there is a 45% rate.
The maximum length is 7 days from when the loan is initially given.
The maximum interest is 100%. This means the final day only has 10% interest.
The maximum loan is 0.5 BTC.
This is a for-profit offering. I don't intend to fuck anyone over. The loans are small, the interest is high, but the goal is to help those who feel they can't wait.
The contract: http://silkroadvb5piz3r.onion/index.php/silkroad/item/3bfd71633f
This service is being offered because I have an investor backing me. This is not my own funds. I do the work, we split the profits.
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Wow... thats an awesome idea.... Microloans you say???
well if I am ever in need at least I know where to go...
good idea and +1 for you!
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Great idea
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If people are a few cents short on an order, there's some of us that'll do it interest free (pay back when you can) that have been helping out over in the 'off-topic' forum for the last couple days. More than that and I'd probably recommend this service.
This sounds great though. I could have used this last week. By the time I got the btc, the listing was down.
http://dkn255hz262ypmii.onion/index.php?topic=40609.0
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If people are a few cents short on an order, there's some of us that'll do it interest free (pay back when you can) that have been helping out over in the 'off-topic' forum for the last couple days.
Though...
This is great if you need a little more. I could have used this last week. By the time I got the btc, the listing was down.
And I don't want to step on the toes of people who will do it for free, either. Were I funding this myself, my interest rates would be much lower. This service is, as you say yourself, for those who need a little more. It is for the people who are caught unawares, rather than those who just need a bit-cent to squeak in.
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Yeah man, had to lower my offer a bit, though I intend to run it as long as I have money. It's been pretty popular, but some of the people are pretty new and delete their post as soon as they're helped. Probably never see them again. I'm probably going to be more strict with number of posts and... umm... how good their English is?
I linked to here from my first post if they need more than what I can offer. Good luck Sir!
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Yeah man, had to lower my offer a bit, though I intend to run it as long as I have money. It's been pretty popular, but some of the people are pretty new and delete their post as soon as they're helped. Probably never see them again. I'm probably going to be more strict with number of posts and... umm... how good their English is?
I linked to here from my first post if they need more than what I can offer. Good luck Sir!
... Oh wow, thank you for that. It was your toes I was most worried about stepping on, with this offer. :)
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That is a great idea, especially with all the fluctuations happening right now.
Luckily hasn't happened to me for a while but good to know where to go. If I knew how I'd fire you a +1 for this...
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toes are for pussies...
just saying.
/thumbs
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Bumping this, for a little attention to the service.
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In my time on the road BR has proven to be honest and a team player, with out using this service I can tell you that I recommend it to anyone.
It is a great and organized way to borrow btc and keep all the beggar threads to a min.
hey pst BR - I need .33btc ;)
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In my time on the road BR has proven to be honest and a team player, with out using this service I can tell you that I recommend it to anyone.
It is a great and organized way to borrow btc and keep all the beggar threads to a min.
hey pst BR - I need .33btc ;)
Not sure if joke or serious, but if you are serious, then yes.
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make it .16BTC I can repay in no more then 2 days. More then likely less then 12 hours. I want to get an order in and have a "larger" purchase some asshole received days ago that he hasnt finalized on yet. I been counting on him for 6 days now and still nothing.
PM me or just shoot it over. Seriously. Thanks!
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toes..
are...
for....
pussies...
and blarghrawr's. <3
/thumbs
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make it .16BTC I can repay in no more then 2 days. More then likely less then 12 hours. I want to get an order in and have a "larger" purchase some asshole received days ago that he hasnt finalized on yet. I been counting on him for 6 days now and still nothing.
PM me or just shoot it over. Seriously. Thanks!
Ended up borrowing .11BTC and returned in within what? 2 hours? +100% interest
...thats how I roll.
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I don't want to sound like an asshole but the cash advance feature is only 6.4% why would someone borrow at that rate sounds like the Quebec Mafia might be involved here HA! HA!
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I don't want to sound like an asshole but the cash advance feature is only 6.4% why would someone borrow at that rate sounds like the Quebec Mafia might be involved here HA! HA!
Because they're buyers, not vendors. Cash advance is for the vendors. :P
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I don't want to sound like an asshole but the cash advance feature is only 6.4% why would someone borrow at that rate sounds like the Quebec Mafia might be involved here HA! HA!
...and vendors with out anything in escrow can not Cash Advance either.
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I don't want to sound like an asshole but the cash advance feature is only 6.4% why would someone borrow at that rate sounds like the Quebec Mafia might be involved here HA! HA!
LOL.. oh bill.. you're such a funny guy!
"Quebec Mafia"
8)