What rate did you get?
Just took my first loan, using BTC as collateral, to pay my credit cards. I used nostr:nprofile1qqszc9tlhpge567wpu47ch3sq777j00lpj3cdy65dqrwzt4wg583cdqpzamhxue69uhhyetvv9ujumn0wd68ytnzv9hxgtcf4h3y6 and it was a smooth experience, their costumer support is also fantastic. This is going to allow me to stack sats like a psychopath by being able to roll over my loans using btc.
#shortingfiat
Discussion
2.1% for a 1 month loan, which is expected given that they loan out MXNT (a Tether stablecoin tied to the Mexican peso). You can get better rates elsewhere if you get a USDT/USDC denominated loan but I prefer to avoid the hassle of having to convert everything to pesos to pay my cards, then maybe convert back to USDT to pay the loan.