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Hm. I'm referring to smaller collateralized loans.
If it's a traditional asset, you should be able to go to a bank or other financial institution.
If you want to use bitcoin as collateral, Unchained does this but you have to over-collateralize (40% LTV). Others might do something similar but I'm unaware of them.
Yeah, I've heard of Unchained, and have been considering them as well as Nexo, but I remain skeptical of both.
Skeptical how? With Unchained at least, they can't unilaterally and opaquely rehypothecate your collateral because you hold a key to the collateral.
Meh, I still don't trust it enough, they're also pretty expensive ain't it? Would you make use of their services?
I don't use credit. I'm too afraid of dooming my future self.
Really? No credit at all, or just no big-ticket items that usually require credit?
I breath risk, but not of the bad kind.
Didn't they cancel their lending product? Or did I hallucinate it?
Their website suggests it exists, which is a vote for the latter.
I had the same hallucination until I looked it up. They might've just increased the minimum or something.
Definitely don't touch Nexo. Very shady.
I guess the risk is very high in the case of Unchained or Nexo, while going to a bank for a loan you will pay high interests. It’s difficult to answer this question.
My understanding is that many of them don't really pay off the loan. They refinance.
Are you asking how you can get non-collateralized (aka unsecured) loans? Or are you asking how you can get smaller collateralized loans?