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UltraChief

[Lending] UltraBank - Loans? Exchanges? Forum credits? - Your one-stop shop for all financial needs

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Trades ledger overview : Successful = 147, Defaulted/Scammed = 5

Exchange service for other coins is also available here. If you want to buy/sell Litecoin, Ethereum, Dogecoin or any other altcoin make a request in the proper format.

I (UltraChief/UltraBank) have decided to start my Bank service for the PrimeDice users. I have seen many people in the forum asking for loans, exchanges and forum credits and so I am willing to help them out.

You can contact me on Telegram @TheUltraElite with loan requests as well if you have to discuss terms. Watch out for impersonators though. Strictly no begging policy.

Telegram-icon.png.9560b3a2e2b6a3d170e717d6cc792c0a.png

1. LOANS

Rules:

1. I will lend bitcoins only against valid collaterals.

2. No collateral = No loan (but there are exceptions).

3. Repeat what was written in the first 2 rules. Only after reading the first two rules properly, read the fourth rule.

4. I can give non-collateral loans for a proper signed message for your bitcoin address - how to do that? read here : https://www.cryptocompare.com/wallets/guides/how-to-sign-a-message-with-electrum/ You cannot do that with an exchange address.

5. However maximum non-collateral loan that I can give is limited below minimum withdraw-able amount . More than that I will need a valid collateral as well.

6. Make a request with the proper format given below and I will look into your request when I come online. 

7. I can accept or deny a loan at my own discretion. 

8. You cannot take a second loan before returning the first loan, that includes any loans from other lenders and/or loan on other sites (Stake, Bitcointalk).

Interest rates: Based on the time period for which the loan is taken.

<7 days - 10% per day

8 - 10 days -  15% per day

11 - 14 days - 20% per day

15 - 28 days - 25% per day

>1 month - 30% per day but negotiable

Feel free to ask for a custom Interest rate or a custom repayment amount.

What collateral are accepted?

1. I am currently accepting non-collateral loans for people whom I trust personally and with those whom I have done deals before. Not every newbie here who has a good profit on PrimeDice or Stake gets to get a loan here. 

2. I will accept altcoins like Litecoin, Dogecoin, Ethereum. I accept Forum Credits as well.

3.I also accept Ether tokens subject to probation. I may deny the request of loan if I feel that the token is not worth the loan.

4.I do not accept any forum accounts or any other digital goods.

5. You can also make a request here with your own offering of collateral. I will look into it.

How much collateral is needed?

Collateral must be 120% (or more) of the loan amount.

This means if you are taking a loan of "n" BTC against collateral of LTC then value of collateral of 120% = n*1.2*(LTC/BTC exchange rate) Dont worry I will post the calculation here for your ease. Similar goes for other coins as well. Rates will be taken from coinmarketcap, if the rates fluctuate too much then I might not give the loan immediately.

Collateral must be secured by me before I send the loan. Give me some time for that. 

Extensions

In case you are unable to pay the loan in time I will give you one and only one extension = a period of 7 days to maximum of 14 days. After that you are not entitled to any more extensions and I will start a scam accusation against you and confiscate the collateral (if any).
However this is subject to my decision and I may offer a longer extension if I find your reason worth believing. Not that every sob story will earn an extension.
 
Current method of extending a loan:
1st extension - is for 7days - 10% per day interest will be added on top of the original interest.
2nd extension - is for 7days - another 20% per day interest will be added on top of the original interest.
[Total interest added during extension will be on the original principal amount of loan.]

If you default your loan then I will sell the collateral. However I will contact you once and only once before I proceed with the same.

This is not a complete set of guidelines. I may edit modify or add new rules as I deem fit.

How to request a loan? Post the form with details as given below in this thread. DO NOT PM me here or on Primedice!

 I will confirm or deny your request and post in the thread.

Loan amount : 
Reason :
Any other open loans with other lenders? : Yes/No
Any other open loans on other sites (Stake,Bitcointalk etc)? : Yes/No
Collateral offered (If any) : 
Time period for loan :
Date of repayment (dd/mm/yyyy) :
Amount to be paid back : 
Repayment Address (for collateral loans) :

 

2.Exchange Service 

Currency exchange from one crypto to another. I dont deal in fiat and any Paypal or so. Only crypto exchanges.

Also I only deal with the top few altcoins. Dont expect to find every other altcoin in the universe to be exchangeable with me.

I will accept or deny the request at my own discretion.

My earning will be a certain % of the exchange. Keep that in mind before placing any order. But you are free to negotiate. I am currently charging very low fees for these exchanges. Mostly for the transaction fees.

Accepted currencies : Bitcoin, Ethereum, Dogecoin, Litecoin.

Request currency exchange in the following format.

Type of exchange - currency 1 > currency 2 (meaning you have currency 1 and want currency 2)
Amount:
Reason:

 

3. Forum credits  PrimeDice satoshi transfer

I can receive forum credits and transfer credits to your Primedice account.

I will accept or deny the request at my own discretion.

My earning will be 5-10% of the exchange. But you are free to negotiate. Minimum fees is 1k.

Request forum credit transfer in the following format:

Forum credits offered :
Fees :

 

Record of open loans :

carlooch - 0.015 BTC owed. Has paid back 0.0075BTC till date. Will update this when settled/partial payment again.

sk3344 - 1550k satoshi + 3rd extension interest - by 15th May 2018

1claire - 500k satoshi - by 20th April 2018

420BlazeItFg - 350k satoshi - by 15th June 2018

Records of all settled loans/exchanges till date :

1.Name of Borrower : @MrKnight8686 Borrowed 0.001 BTC | Returned 0.0018 BTC (No Collateral)

2.Name of Borrower : @MrKnight8686 Borrowed 0.02 ETH | Returned 0.025 ETH (Collateral - Bitcoin collateral to my Primedice account)

3.Forum > PD Funds Exchange : @mgod Amount 0.0005 BTC

4.Name of Borrower : @MrKnight8686 Borrowed 0.0015 BTC | Returned 0.0022 BTC (No Collateral)

5.Name of Borrower : @chaitanya Borrowed 0.001 BTC| Returned 0.0013 BTC (No Collateral)

6.Name of Borrower : @carlooch Borrowed 0.002 BTC| Returned 0.00224 BTC (No Collateral)

7.Currency Exchange : @ravenyvolle  0.01ETH| Received 0.0004 BTC

8.Name of Borrower : @carlooch Borrowed 0.004 BTC| Returned 0.00415 BTC (No Collateral) [Made profit and returned within 10 minutes!]

9.Name of Borrower : @Dboyeric Borrowed 0.002 BTC| Returned 0.0022 BTC (No Collateral)

10.Forum > PD Funds Exchange : @connesa Amount 0.0005 BTC

11.Name of Borrower : @Eugene265 Borrowed 0.0025 BTC| Returned 0.00275 BTC (No Collateral) [Fastest repayment in my whole ledger. Repaid within 30 seconds!]

12.Name of Borrower : @FBGYVKSN13 Borrowed 0.001 BTC | DEFAULTED. OPEN SCAM ACCUSATION.

13.Name of Borrower : @Faris Borrowed 0.001 BTC| Returned 0.0011 BTC (No Collateral)

14.Name of Borrower : @Noahbreezy Borrowed 0.001 BTC| Returned 0.0015 BTC (No Collateral)

15.Name of Borrower : @september20 Borrowed 0.0008 BTC| Returned 0.00096 BTC (No Collateral)

16.Name of Borrower : @athena2007 Borrowed 0.00003 BTC| Returned 0.00004 BTC (No Collateral)

17.Name of Borrower : @Faris Borrowed 0.0025 BTC| Returned 0.0029 BTC (No Collateral)

18.Name of Borrower : @JenFromCA Borrowed 0.0011 BTC| Returned 0.0022 BTC (No Collateral)

19.Name of Borrower : @togiy Borrowed 0.0005 BTC| Returned 0.00075 BTC (No Collateral)

20.Name of Borrower : @september20 Borrowed 0.0015 BTC| Returned 0.00195 BTC (No Collateral)

21.Name of Borrower : @Faris Borrowed 0.0012 BTC| Returned 0.0014 BTC (No Collateral)

22.Name of Borrower : @Faris Borrowed 0.0035 BTC| Returned 0.00385 BTC (No Collateral)

23.Forum > PD Funds Exchange : @Dboyeric Amount 0.0008 BTC

24.Name of Borrower : @carlooch Borrowed 0.003 BTC| Returned 0.0033 BTC (No Collateral)

25.Name of Borrower : @singpays Borrowed 0.025 ETH| Returned 0.03 ETH (No Collateral)

26.Name of Borrower : @carlooch Borrowed 0.004 BTC| Returned 0.0044 BTC (No Collateral)

27.Name of Borrower : @singpays Borrowed 0.025 ETH| Returned 0.03 ETH (No Collateral)

28.Name of Borrower : @eldrindcm Borrowed 0.0015 BTC| Returned 0.00165 BTC (No Collateral)

29.Name of Borrower : @togiy Borrowed 0.0015 BTC| Returned 0.002 BTC (No Collateral)

30.Forum > PD Funds Exchange : @Dboyeric Amount 0.00046 BTC

31.Name of Borrower : @singpays Borrowed 0.025 ETH| Returned 0.03 ETH (No Collateral)

32.Name of Borrower : @togiy Borrowed 0.03 ETH| Returned 0.0455 ETH (No Collateral)

33.Forum > PD Funds Exchange : @Dboyeric Amount 0.00043 BTC

34.Name of Borrower : @carlooch Borrowed 0.004 BTC| Returned 0.0044 BTC (No Collateral)

35.Name of Borrower : @togiy Borrowed 0.001 + 0.0014 BTC| Returned 0.0035 BTC (No Collateral)

36.Name of Borrower : @Dboyeric Borrowed 0.002 BTC| Returned 0.0024 BTC (No Collateral)

37.Name of Borrower : @carlooch Borrowed 0.002 BTC| Returned 0.00231 BTC (No Collateral)

38.Name of Borrower : @Dboyeric Borrowed 0.001 BTC| Returned 0.0012 BTC (No Collateral)

39.Name of Borrower : @Faris Borrowed 0.0015 BTC| Returned 0.0016 BTC (No Collateral)

40.Name of Borrower : @Faris Borrowed 0.0015 BTC| Returned 0.00166 BTC (No Collateral)

41.Name of Borrower : @jbenjaminy Borrowed 0.001 BTC| Returned 0.0011 BTC (No Collateral)

42.Forum > PD Funds Exchange : @athena2007 Amount 0.0005 BTC

43.Name of Borrower : @Noahbreezy Borrowed 0.0002 BTC| Returned 0.0003 BTC (No Collateral)

44.Name of Borrower : @singpays Borrowed 0.02 ETH| Returned 0.025 ETH (No Collateral)

45.Name of Borrower : @carlooch Borrowed 0.002 BTC| Returned 0.0028 BTC (No Collateral)

46.Name of Borrower : @Faris Borrowed 0.003 BTC| Returned 0.0036 BTC (No Collateral)

47.Name of Borrower : @MrKnight8686 Borrowed 0.06 ETH Defaulted. Open scam accusation.

48.Name of Borrower : @Eugene265 Borrowed 0.002 BTC Defaulted. Open scam accusation which was resolved later on. He did repay everyone after 2 months.

49.Name of Borrower : @september20 Borrowed 0.001 BTC| Returned 0.0012 BTC (No Collateral)

50.Name of Borrower : @carlooch Borrowed 0.003 BTC| Returned 0.0033 BTC (No Collateral)

51.Name of Borrower : @Dboyeric Borrowed 0.003 BTC| Returned 0.00325 BTC (No Collateral)

52.Name of Borrower : @eldrindcm Borrowed 0.002 BTC| Returned 0.0021 BTC (No Collateral)

53.Name of Borrower : @september20 Borrowed 0.001 BTC| Returned 0.0011 BTC (No Collateral)

54.Name of Borrower : @carlooch Borrowed 0.004 BTC| Returned 0.0042 BTC (No Collateral)

55.Forum > PD Funds Exchange : @eldrindcm Amount 0.0008 BTC

56.Name of Borrower : @jbenjaminy Borrowed 0.002 BTC| Returned 0.0021 BTC (No Collateral)

57.Name of Borrower : @Faris Borrowed 0.002 BTC| Returned 0.0025 BTC (No Collateral)

58.Name of Borrower : @jbenjaminy Borrowed 0.002 BTC| Returned 0.0021 BTC (No Collateral)

59.Name of Borrower : @september20 Borrowed 0.002 BTC| Returned 0.0022 BTC (No Collateral)

60.Name of Borrower : @carlooch Borrowed 0.004 BTC| Returned 0.005 BTC (No Collateral)

61.Name of Borrower : @jbenjaminy Borrowed 0.002 BTC| Returned 0.0021 BTC (No Collateral)

62.Name of Borrower : @september20 Borrowed 0.002 BTC| Returned 0.0028 BTC (No Collateral)

63.Name of Borrower : @eldrindcm Borrowed 0.002 BTC| Returned 0.0036 BTC (No Collateral)

64.Name of Borrower : @jbenjaminy Borrowed 0.005 BTC| Returned 0.00525 BTC (No Collateral)

65.Name of Borrower : @Faris Borrowed 0.0015 BTC| Returned 0.0025 BTC equivalent in LTC (No Collateral)

66.Name of Borrower : @jbenjaminy Borrowed 0.004 BTC| Returned 0.0042 BTC (No Collateral)

67.Name of Borrower : @Dboyeric Borrowed 0.004 BTC| Returned 0.0044 BTC (No Collateral)

68.Currency Exchange : @Dboyeric He sent me 0.002 BTC | I sent him 0.1 LTC

69.Name of Borrower : @sk3344 Borrowed 0.001 BTC| Returned 0.0013 BTC (No Collateral)

70.Name of Borrower : @enhuush Borrowed 0.005 BTC| Returned 0.0055 BTC (No Collateral)

71.Name of Borrower : @jbenjaminy Borrowed 0.005 BTC| Returned 0.0055 BTC (No Collateral)

72.Name of Borrower : @jbenjaminy Borrowed 0.005 BTC| Returned 0.0055 BTC (No Collateral)

73.Name of Borrower : @jbenjaminy Borrowed 0.005 BTC| Returned 0.0055 BTC (No Collateral)

74.Name of Borrower : @mgod Borrowed 0.001 BTC| Returned 0.00105 BTC (No Collateral)

75.Name of Borrower : @september20 Borrowed 0.001 BTC| Returned 0.00115 BTC (No Collateral)

76.Name of Borrower : @Nimfomanka Borrowed 0.0015 BTC| Returned 0.0016 BTC (No Collateral)

77.Name of Borrower : @bulbes Borrowed 0.0025 BTC| Returned 0.0027 BTC (No Collateral)

78.Name of Borrower : @sk3344 Borrowed 0.001 BTC| Returned 0.0013 BTC (No Collateral)

79.Name of Borrower : @singpays Borrowed 0.002 BTC| Returned 0.0024 BTC (No Collateral)

80.Name of Borrower : @jbenjaminy Borrowed 0.006 BTC| Returned 0.0069 BTC (No Collateral) [He actually sent me 0.0073 and I returned the extra 0.0004 back]

81.Name of Borrower : @jbenjaminy Borrowed 0.005 BTC| Returned 0.00525 BTC (No Collateral)

82.Name of Borrower : @Nimfomanka Borrowed 0.0015 BTC| Returned 0.0016 BTC (No Collateral) 

83.Name of Borrower : @enhuush Borrowed 0.005 BTC| Returned 0.01 BTC (No Collateral) 

84.Forum > PD Funds Exchange : @Nimfomanka Amount 0.00031 BTC

85.Name of Borrower : @jbenjaminy Borrowed 0.005 BTC| Returned 0.00525 BTC (No Collateral)

86.Name of Borrower : @jbenjaminy Borrowed 0.006 BTC| Returned 0.0063 BTC (No Collateral)

87.Name of Borrower : @singpays Borrowed 0.001 BTC| Returned 0.00125 BTC (No Collateral)

88.Name of Borrower : @sk3344 Borrowed 0.002 BTC| Returned 0.0024 BTC (No Collateral)

89.Name of Borrower : @JenFromCA Borrowed 0.0025 BTC | Defaulted and Banned.

90.Name of Borrower : @jbenjaminy Borrowed 0.006 BTC| Returned 0.0063 BTC (No Collateral)

91.Name of Borrower : @1claire Borrowed 0.0015 BTC| Returned 0.001575 BTC (No Collateral)

92.Name of Borrower : @Dboyeric Borrowed 0.004 BTC | Defaulted initially and then repaid after 2 months.

93.Name of Borrower : @singpays Borrowed 0.0015 BTC| Returned 0.0018 BTC (No Collateral)

94.Forum > PD Funds Exchange : @Sweeet Amount 0.00026 BTC

95.Name of Borrower : @1claire Borrowed 0.0015 BTC| Returned 0.0018 BTC (No Collateral)

96.Name of Borrower : @jbenjaminy Borrowed 0.006 BTC| Returned 0.0063 BTC (No Collateral)

97.Name of Borrower : @jbenjaminy Borrowed 0.006 BTC| Returned 0.00726 BTC (No Collateral) [6000 satoshis was extra which has been sent back.]

98.Name of Borrower : @singpays Borrowed 0.0015 BTC| Returned 0.0018 BTC (No Collateral)

99.Forum > PD Funds Exchange : @Bitcoinani Amount 0.00021 BTC

100.Name of Borrower : @sk3344 Borrowed 0.0047 BTC| Returned 0.005 BTC (No Collateral)

101.Name of Borrower : @jbenjaminy Borrowed 0.006 BTC| Returned 0.0066 BTC (No Collateral)

102.Name of Borrower : @sk3344 Borrowed 0.004 BTC| Returned 0.0044 BTC (No Collateral)

103.Name of Borrower : @Nimfomanka Borrowed 0.0025 BTC | Defaulted and Banned.

104.Name of Borrower : @sk3344 Borrowed 0.004 BTC| Returned 0.0044 BTC (No Collateral)

105.Name of Borrower : @jbenjaminy Borrowed 0.006 BTC| Returned 0.0084 BTC (No Collateral)

106.Name of Borrower : @1claire Borrowed 0.003 BTC| Returned 0.00405 BTC (No Collateral)

107.Name of Borrower : @jbenjaminy Borrowed 0.006 BTC| Returned 0.0066 BTC (No Collateral)

108.Name of Borrower : @jbenjaminy Borrowed 0.006 BTC| Returned 0.0072 BTC (No Collateral)

109.Name of Borrower : @1claire Borrowed 0.003 BTC| Returned 0.004365 BTC (No Collateral)

110.Name of Borrower : @1claire Borrowed 0.003 BTC| Returned 0.0033 BTC (No Collateral)

111.Name of Borrower : @jbenjaminy Borrowed 0.006 BTC| Returned 0.0072 BTC (No Collateral)

112.Name of Borrower : @jbenjaminy Borrowed 0.006 BTC| Returned 0.0066 BTC (No Collateral)

113.Name of Borrower : @1claire Borrowed 0.005 BTC| Returned 0.00575 BTC (No Collateral)

114.Name of Borrower : @jbenjaminy Borrowed 0.006 BTC| Returned 0.0084 BTC (No Collateral)

115.Name of Borrower : @sk3344 Borrowed 0.004 BTC| Returned 0.0136 BTC (No Collateral)

116.Name of Borrower : @mgod Borrowed 0.006 BTC| Returned 0.006 BTC (No Collateral)

117.Name of Borrower : @jbenjaminy Borrowed 0.006 BTC| Returned 0.0132 BTC (No Collateral)

118.Name of Borrower : @jbenjaminy Borrowed 0.006 BTC| Returned 0.0084 BTC (No Collateral)

119.Name of Borrower : @jbenjaminy Borrowed 0.006 BTC| Returned 0.0078 BTC (No Collateral)

120.Name of Borrower : @jamyr Borrowed 0.0035 BTC | Defaulted and Banned.

121.Currency Exchange : @Noeprellik1 He sent me 1450 DOGE | I sent him 0.00085 BTC

122.Name of Borrower : @jbenjaminy Borrowed 0.006 BTC| Returned 0.01140 BTC (No Collateral)

123.Name of Borrower : @jbenjaminy Borrowed 0.006 BTC| Returned 0.0084 BTC (No Collateral)

124.Name of Borrower : @jbenjaminy Borrowed 0.006 BTC| Returned 0.0072 BTC (No Collateral)

125.Name of Borrower : @WolfBain Borrowed 0.002 BTC| Returned 0.0028 BTC (No Collateral)

126.Name of Borrower : @WolfBain Borrowed 0.002 BTC| Returned 0.0022 BTC (No Collateral)

127.Name of Borrower : @singpays Borrowed 0.0015 BTC| Returned 0.0018 BTC (No Collateral)

128.Name of Borrower : @jbenjaminy Borrowed 0.006 BTC| Returned 0.0084 BTC (No Collateral)

129.Name of Borrower : @WolfBain Borrowed 0.002 BTC| Returned 0.0028 BTC (No Collateral)

130.Name of Borrower : @WolfBain Borrowed 0.003 BTC| Returned 0.0033 BTC (No Collateral)

131.Name of Borrower : @singpays Borrowed 0.019 LTC| Returned 0.022 LTC (No Collateral)

132.Name of Borrower : @WolfBain Borrowed 0.001 BTC| Returned 0.0012 BTC (No Collateral)

133.Name of Borrower : @Han2x Borrowed 0.0006 BTC| Returned 0.0008 BTC (No Collateral)

134.Name of Borrower : @WolfBain Borrowed 0.001 BTC| Returned 0.0034 BTC (No Collateral)

135.Name of Borrower : @WolfBain Borrowed 0.001 BTC| Returned 0.0012 BTC (No Collateral)

136.Name of Borrower : @WolfBain Borrowed 0.001 BTC| Returned 0.0012 BTC (No Collateral)

137.Name of Borrower : @WolfBain Borrowed 0.001 BTC| Returned 0.0012 BTC (No Collateral)

138.Forum > PD Funds Exchange : @Kate Amount 0.00034 BTC

139.Name of Borrower : @jbenjaminy Borrowed 0.006 BTC| Returned 0.0096 BTC (No Collateral)

140.Name of Borrower : @WolfBain Borrowed 0.001 BTC| Returned 0.0018 BTC (No Collateral)

141.Name of Borrower : @WolfBain Borrowed 0.001 BTC| Returned 0.0012 BTC (No Collateral)

142.Name of Borrower : @WolfBain Borrowed 0.001 BTC| Returned 0.0012 BTC (No Collateral)

143.Name of Borrower : @WolfBain Borrowed 0.002 BTC| Returned 0.0024 BTC (No Collateral)

144.Name of Borrower : @WolfBain Borrowed 0.001 BTC| Returned 0.0012 BTC (No Collateral)

145.Name of Borrower : @WolfBain Borrowed 0.002 BTC| Returned 0.0022 BTC (No Collateral)

146.Name of Borrower : @WolfBain Borrowed 0.002 BTC| Returned 0.0022 BTC (No Collateral)

147.Name of Borrower : @WolfBain Borrowed 0.002 BTC| Returned 0.0022 BTC (No Collateral)

148.Name of Borrower : @WolfBain Borrowed 0.001 BTC| Returned 0.0012 BTC (No Collateral)

149.Name of Borrower : @Han2x Borrowed 0.001 BTC| Returned 0.0013 BTC (No Collateral)

150.Name of Borrower : @mgod Borrowed 0.003 BTC| Returned 0.007 BTC (No Collateral)

151.Name of Borrower : @Han2x Borrowed 0.001 BTC| Returned 0.0011 BTC (No Collateral)

152.Name of Borrower : @WolfBain Borrowed 0.002 BTC| Returned 0.0041 BTC (No Collateral)

Edited by UltraChief

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20 minutes ago, UltraChief said:

So I have decided to start by lending services for the PrimeDice users. I have seen many people in the forum asking for loans and so I am willing to help them out.

Rules:

1. I will lend bitcoins only against valid collaterals.

2. No collateral = No loan.

3. Repeat what was written in the first 2 rules. 

Interest rates: Based on the time period for which the loan is taken.

<7 days - 10%

7 - 14 days -  12%

14 - 28 days - 15%

1 month - 20%

What collaterals are accepted?

I will accept altcoins like Litecoin, Dogecoin, Ethereum, XEM, XRP.

I do not accept any forum accounts or any other digital goods.

I also accept Ether tokens subject to probation from my side. I may deny the request of loan if I feel that the token is not worth the loan.

How much collateral is needed?

Collateral must be 110% of the loan amount.

This means if you are taking a loan of "n" BTC against collateral of LTC then value of collateral = n*1.1*(LTC/BTC exchange rate) Dont worry I will post the calculation here for your ease. Similar goes for other coins as well. Rates will be taken from coinmarketcap, if the rates fluctuate too much then I might not give the loan immediately.

Collateral must be secured by me before I send the loan. Give me some time for that. 

If you default your loan then I will sell the collateral. However I will contact you once and only once before I proceed with the same.

This is not a complete set of guidelines. I may edit modify or add new rules as I deem fit.

How to request a loan? Post the form with details as given below in this thread. DO NOT PM me here or on Primedice!

 I will confirm or deny your request and post in the thread.


Loan amount : 
Reason :
Collateral offered :
Time period for loan :
Date of repayment (dd/mm/yyyy) :
Amount to be paid back : 

 

If i dont have the collaterals or anything to offer before the loan then definitely am out? 

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1 hour ago, UltraChief said:

So I have decided to start by lending services for the PrimeDice users. I have seen many people in the forum asking for loans and so I am willing to help them out.

Rules:

1. I will lend bitcoins only against valid collaterals.

2. No collateral = No loan.

3. Repeat what was written in the first 2 rules. 

Interest rates: Based on the time period for which the loan is taken.

<7 days - 10%

7 - 14 days -  12%

14 - 28 days - 15%

1 month - 20%

What collaterals are accepted?

I will accept altcoins like Litecoin, Dogecoin, Ethereum, XEM, XRP.

I do not accept any forum accounts or any other digital goods.

I also accept Ether tokens subject to probation from my side. I may deny the request of loan if I feel that the token is not worth the loan.

How much collateral is needed?

Collateral must be 110% of the loan amount.

This means if you are taking a loan of "n" BTC against collateral of LTC then value of collateral = n*1.1*(LTC/BTC exchange rate) Dont worry I will post the calculation here for your ease. Similar goes for other coins as well. Rates will be taken from coinmarketcap, if the rates fluctuate too much then I might not give the loan immediately.

Collateral must be secured by me before I send the loan. Give me some time for that. 

If you default your loan then I will sell the collateral. However I will contact you once and only once before I proceed with the same.

This is not a complete set of guidelines. I may edit modify or add new rules as I deem fit.

How to request a loan? Post the form with details as given below in this thread. DO NOT PM me here or on Primedice!

 I will confirm or deny your request and post in the thread.


Loan amount : 
Reason :
Collateral offered :
Time period for loan :
Date of repayment (dd/mm/yyyy) :
Amount to be paid back : 

 

Nice service you offered, seems it so interesting totally bank style :)

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7 minutes ago, Sraboni said:

Nice service you offered, seems it so interesting totally bank style :)

Thank you for your kind words :)

7 minutes ago, MrKnight8686 said:

Good luck for your services and hope you will have "legit customer".
P/s: what about invite or account collateral: gmail, reddit, facebook, bitcointalk account,... :).. 

Sorry I will only accept collaterals as stated in the OP.

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This was the first loan I had given in the forum. Borrower @MrKnight8686 paid me back in 4 days. Since it was my first loan service I did not ask for collateral. However now that I have this thread for all official requests post your requests here.

Dont forget No Collateral = No Loan.

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3 minutes ago, MrKnight8686 said:

I want make deal with you about deposit to another address (not on primedice), collateral is my balance or we exchange.(10% for u)

Can you please make the request in the format below. 

Loan amount : 

Reason : 

Collateral offered : 

Time period for loan : 

Date of repayment (dd/mm/yyyy) : 

Amount to be paid back :

Thanks

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9 minutes ago, UltraChief said:

Can you please make the request in the format below. 


Loan amount : 

Reason : 

Collateral offered : 

Time period for loan : 

Date of repayment (dd/mm/yyyy) : 

Amount to be paid back :

Thanks

Do you have eth? i want eth :)
Loan amount : 0.02 ETH

Reason : Swap Token

Collateral offered : 0.0012 BTC of Primedice balance

Time period for loan : 1 days

Date of repayment (dd/mm/yyyy) : 13/11/2017

Amount to be paid back : 0.025 ETH ( not included fee)

Edited by MrKnight8686

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56 minutes ago, MrKnight8686 said:

Do you have eth? i want eth :)
Loan amount : 0.02 ETH

Reason : Swap Token

Collateral offered : 0.0012 BTC of Primedice balance

Time period for loan : 1 days

Date of repayment (dd/mm/yyyy) : 13/11/2017

Amount to be paid back : 0.025 ETH ( not included fee)

Yes I have Ethereum of that amount. 

Send me the collateral to my primedice account. Post your ethereum address here and I will send the ether once I secure the collateral.

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19 minutes ago, MrKnight8686 said:

ETH Address: 0x818fA1CeDc1939929fF068Ed4cBAa32D4dB9ccc5

Sent collateral.

 

Collateral secured - 120k satoshi.

Sending ethereum of 0.02 to your address -

TXID : https://etherscan.io/tx/0x4d6a31636538646792096479cc9d3047876392ca29e01e50b8b5a29a5aaa9635

Repay me 0.025 by 13th November on my ethereum address - 0x312b44d6f4518E9C98e3867595240354c258Bb55

Edited by UltraChief

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23 minutes ago, UltraChief said:

Collateral secured - 120k satoshi.

Sending ethereum of 0.02 to your address -

TXID : https://etherscan.io/tx/0x4d6a31636538646792096479cc9d3047876392ca29e01e50b8b5a29a5aaa9635

Repay me 0.025 by 13th November on my ethereum address - 0x312b44d6f4518E9C98e3867595240354c258Bb55

Repaid after few minutes. Tks your support :)
https://etherscan.io/tx/0x75b3be62d51fcf4004f040e19c6b15519b8f29ce941565f182c70d2565253515

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1 minute ago, MrKnight8686 said:

Hope you had a good token swap. Collateral has been returned. Happy to do this deal for you.

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3 minutes ago, MegaBetzZz said:

Yes I know but I offer my own opinion) don't ask you and suggest maybe so and so but your right)

Securing a collateral which is valid and resell-able makes me safe from being scammed. A customer may default my loan - then I can resell the collateral and make up the loss that I had. That is why the collateral is necessary for loans from me. Its the same way that a bank allows loans to customers.

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1 minute ago, chichi said:

buôn tiền luôn có mặt đúng chỗ . hy vọng thị trường ngày được mở rộng

I am sorry I dont speak your language and google translations of your said words does not make any sense. Can you write that in English please?

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3 minutes ago, UltraChief said:

Tôi xin lỗi tôi không nói được ngôn ngữ của bạn và google dịch của bạn nói lời nói không có ý nghĩa. Bạn có thể viết bằng tiếng Anh được không?

83/5000

I mean you like banks. I hope your work will grow

Quote

 

 

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