Anyone know of anywhere that provides loans in cryptocurrency based off your credit history/credit score? I'm not looking for a loan putting up crypto as collateral...
A website or a person is fine.
Thanks!
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0 sats \ 0 replies \ @k00b 26 Jun 2022
I’d love to see a comparison of interest rates between the secured and unsecured loans. Most of the secured loans I’m aware of seem to have high rates.
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0 sats \ 3 replies \ @TheBTCManual 26 Jun 2022
The entire point of a bitcoin loan is that your credit score is irrelevant, you're collateralizing the loan. If you want unsecured debt, legacy finance services are teh only ones who are going to hand you that
If you want to use leverage to buy bitcoin, you can do it on a bunch of exchanges, or even with a service like LEDN
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0 sats \ 2 replies \ @AJ1992 OP 26 Jun 2022
I'm confused, never really understood the leverage aspect of buying/selling crypto..
Essentially what i want is a personal loan you would get from a bank but given in cryptocurrency instead of fiat.
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120 sats \ 1 reply \ @cryptocoin 26 Jun 2022
There are a few relatively rare occurrences where a lender will provide an unsecured loan in the Lending forum on BitcoinTalk.
https://bitcointalk.org/index.php?board=65.0
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20 sats \ 0 replies \ @AJ1992 OP 26 Jun 2022
This is what i was looking for ty
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0 sats \ 0 replies \ @SatoshiWasRight 26 Jun 2022
If you want it based off your credit score then your best bet is a line of credit from a legacy money lender (i.e. a bank)
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