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RE: First SteemFund Loan - ACTIVE

in #steemfund9 years ago

Hey Joseph, the general idea is that the higher rep a user has the lower the APR for his loan, since REP works as collateral here, with your rep you could ask for a loan and pay 15% APR.

A more detailed explanation can be found here: https://steemit.com/steemfund/@steemfund/p2p-lending-on-steemit

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