Forex Bitcoin Forum

Bitcoin Forex Forum

  • Forex Games
  • Forum
  • Dear friends! All bonus programs on the forum are temporarily suspended.       If this is your first visit, be sure to check out the FAQ by clicking the link above. You may have to register before you can post: click the register link above to proceed. To start viewing messages, select the forum that you want to visit from the selection below.      
      Dear friends! All bonus programs on the forum are temporarily suspended.       If this is your first visit, be sure to check out the FAQ by clicking the link above. You may have to register before you can post: click the register link above to proceed. To start viewing messages, select the forum that you want to visit from the selection below.      
    Page 1 of 2 1 2 LastLast
    Results 1 to 10 of 11

    Thread: Can't understand the difference between crypto loan and a simple payday loan...

    1. #1 Collapse post
      darexgeorgieviya04 is offline
      Senior Member darexgeorgieviya04's Avatar
      Join Date
      Feb 2018
      Posts
      625
      Thanks
      0
      Thanked 15 Times in 16 Posts
      SubscribeSubscribe
      0

      Can't understand the difference between crypto loan and a simple payday loan...

      Could anyone explain me where is the difference? Moreover, what's more advantageous - a crypto loan or payday loan?

      Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


    2. #2 Collapse post
      PALM is offline
      Senior Member PALM's Avatar
      Join Date
      Jul 2018
      Posts
      500
      Thanks
      0
      Thanked 26 Times in 18 Posts
      SubscribeSubscribe
      0
      Man, it's not a rocket sciense! You can't pay for a regular loan with criptocurrency! You use regular money for regular loans. Duh!

      Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


    3. #3 Collapse post
      AbdulShiek is offline
      Senior Member AbdulShiek's Avatar
      Join Date
      Dec 2017
      Posts
      1,954
      Thanks
      6
      Thanked 169 Times in 137 Posts
      SubscribeSubscribe
      1
      Quote Originally Posted by darexgeorgieviya04 View Post
      Could anyone explain me where is the difference? Moreover, what's more advantageous - a crypto loan or payday loan?
      We should be avoiding taking loans online because the interest is way too high.

      Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


    4. #4 Collapse post
      Newbie_trader is offline
      Senior Member Newbie_trader's Avatar
      Join Date
      Nov 2017
      Posts
      1,496
      Thanks
      4
      Thanked 157 Times in 127 Posts
      SubscribeSubscribe
      2
      Quote Originally Posted by AbdulShiek View Post
      We should be avoiding taking loans online because the interest is way too high.
      There many loan sharks lurking around the Internet. One must be aware of the Interest rates.

      Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


    5. #5 Collapse post
      Mr. Cid is offline
      Senior Member Mr. Cid's Avatar
      Join Date
      Dec 2017
      Posts
      2,032
      Thanks
      7
      Thanked 175 Times in 148 Posts
      SubscribeSubscribe
      2
      Quote Originally Posted by Newbie_trader View Post
      There many loan sharks lurking around the Internet. One must be aware of the Interest rates.
      I think it might be a good idea to loan money from banks because the contract is very clear compared to loan sharks on the Internet.

      Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


    6. #6 Collapse post
      Aya is offline
      Senior Member Aya's Avatar
      Join Date
      Sep 2018
      Posts
      931
      Thanks
      32
      Thanked 83 Times in 84 Posts
      SubscribeSubscribe
      0
      Quote Originally Posted by Mr. Cid View Post
      I think it might be a good idea to loan money from banks because the contract is very clear compared to loan sharks on the Internet.
      That's right. When it comes to loans, I still prefer going to banks. Others have unreasonable interest rate.

      Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


    7. #7 Collapse post
      Sendo12 is offline
      Senior Member Sendo12's Avatar
      Join Date
      Sep 2018
      Posts
      906
      Thanks
      43
      Thanked 81 Times in 81 Posts
      SubscribeSubscribe
      0
      Even though I am into cryptocurrency and anything digital, I still would not even think about loaning online. They have unreasonable interest rates and I find it less secured than going to banks.

      Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


    8. #8 Collapse post
      Alexthedefender04 is offline
      Senior Member Alexthedefender04's Avatar
      Join Date
      Nov 2017
      Posts
      557
      Thanks
      0
      Thanked 26 Times in 21 Posts
      SubscribeSubscribe
      0
      The guy there is absolutely right. It's all about payment method. Why are you asking something like that? Are you thinking about getting a loan? I did 4 years ago. Bought a new house. I was just tired of rented flats and other stuff like that. One bank proposed loan with 4% interest, I refused it.

      Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


    9. #9 Collapse post
      AbdulShiek is offline
      Senior Member AbdulShiek's Avatar
      Join Date
      Dec 2017
      Posts
      1,954
      Thanks
      6
      Thanked 169 Times in 137 Posts
      SubscribeSubscribe
      1
      Quote Originally Posted by Alexthedefender04 View Post
      The guy there is absolutely right. It's all about payment method. Why are you asking something like that? Are you thinking about getting a loan? I did 4 years ago. Bought a new house. I was just tired of rented flats and other stuff like that. One bank proposed loan with 4% interest, I refused it.
      Hmm.. I think it's about the interest rates. One must have to consider the monthly amortization and its penalties.

      Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


    10. #10 Collapse post
      Newbie_trader is offline
      Senior Member Newbie_trader's Avatar
      Join Date
      Nov 2017
      Posts
      1,496
      Thanks
      4
      Thanked 157 Times in 127 Posts
      SubscribeSubscribe
      2
      Quote Originally Posted by AbdulShiek View Post
      Hmm.. I think it's about the interest rates. One must have to consider the monthly amortization and its penalties.
      True. We should also read the content of the contract before we proceed. Some of them just signed the agreements without reading the contracts.

      Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


    Posting Permissions

    • You may not post new threads
    • You may not post replies
    • You may not post attachments
    • You may not edit your posts
    •