RE: SALT review

You are viewing a single comment's thread from:

SALT review

in teamaustralia •  7 years ago 

"If you miss a payment SALT will automatically sell a portion of your crypto to meet that missed payment."
Does that mean you cant take a loan if you dont own any collateral ?

teamaustralia
7 years ago by

Downvoting a post can decrease pending rewards and make it less visible. Common reasons:

  • Disagreement on rewards
  • Fraud or plagiarism
  • Hate speech or trolling
  • Miscategorized content or spam

Submit
$0.00
    1 vote
    2
    Authors get paid when people like you upvote their post.
    If you enjoyed what you read here, create your account today and start earning FREE STEEM!
    Sort Order:  
  • Trending
    • [-]
      ·  7 years ago (edited)

    no you cant get a loan without collateral. the collateral is what makes it possible to get a loan with no back ground checks

    Downvoting a post can decrease pending rewards and make it less visible. Common reasons:

    • Disagreement on rewards
    • Fraud or plagiarism
    • Hate speech or trolling
    • Miscategorized content or spam

    Submit
    $0.00
      1 vote
      [-]
        ·  7 years ago 

      I rewrote it might be a bit easier to understand

      Downvoting a post can decrease pending rewards and make it less visible. Common reasons:

      • Disagreement on rewards
      • Fraud or plagiarism
      • Hate speech or trolling
      • Miscategorized content or spam

      Submit
      $0.00
        1 vote