@littlenewthings 14 February 2022 more from that month

One thing bad about bank loans compared to we borrow from centralised / decentralised crypto loans is that the banks make decisions how much you can borrow. So instead of around 2.5K USD down-payment, I now need to come up an extra $100 USD for the down-payment and I have 70 days (instead of 90 days) to get ready as it takes time to process. Crypto Loans no doubt need some collateral, but it is definitely immediate #FiatVsCrypto The only up side is that I do not need so much collateral (down-payment) to borrow the 90% loan; while crypto is probably reverse (90% down-payment for 10% loan amount) for ZERO interest fee.