Take my example and replace USDT by another crypto like ETH, or the opposite (switch BTC and USDT), I should have not taken a stablecoin in my example, even if it's a valid collateral and the scenario is possible.
A crypto loan is usually when you don't have FIAT and don't want to sell your crypto.

STT explained well the principle of the short term loans.

Again, you say "such that when a greedy shark says I pay you 5% interest loans", it doesn't mean 60% yearly, 5% is 5% if there is no time rate.

You can't compare a short term crypto loan to a bank loan, for the bank, you need a bank account, you need a solid purpose for the loan, you need to proove your identity, your address, your incomes, etc... And it's usually for years, I don't know any bank doing anonymous short term (few days) instant loan, if you know, let me know.

Also, does your bank lend crypto?!

Anyway everyone knows there is 12 months in a year or 365 days, so giving the monthly rate or daily rate is enough to know the yearly rate, but here it is for short term loans so it is a way easier and more straightforward to use the daily rate, or the rate for the duration of the loan.

Currency: BTC
Wallet address: [private]
Loan amount: 0.05
Repayment amount: 0.167% per day
Duration in days: ?? (should be less than 1 month)
Collateral currency: ZB
Collateral amount: 2077
Bitcointalk username: [private]
Telegram ID: [private]

Loan filled today 04/09/2019, I'll update when it's repaid.

I got the withdrawal pending on Bitfinex for almost 3 days, support didn't help me at all.
Don't use ZBT wallet on bitfinex.
I had to sell the collateral and I paid back in BTC through another wallet (not from Bitfinex), as agreed with the borrower.

@mikelsmith2020 Thank you for your understanding and patience.

Heads up, ChrisPop technically has a lower interest rate (0.075% daily for loans 1-10 days and 0.095% daily for loans 10-20 days) for collateralized loans which makes your "Lowest Interest Loans" claim in the thread title invalid.

Loan fully repaid today, tx id: c927b487dd8495377454d045c13a7e5d333365f4cd89f3e1c0f47485e817df11
Collateral sent back, tx id: 0xf80820320c045bac22a169e89538da4afba3ddce94511cd3076e5e5c18069441

Thanks mikelsmith2020!

New loan with mikelsmith2020, started yesterday 26/10/2019.

My pleasure 

Lending service still available, even if I don't post messages on the forum, I'm still coming here everyday.
If someone needs a loan, please post a message here and ping me on Telegram (jbdee).

I'm not really active on the forum recently, but my offer still stands!

For 10% yearly what is the maximum loan you can provide for me? And what will be the interest paid? Will it be paid monthly or yearly? And one important question, collateral is compulsory or not? Please let me know the answers of the mentioned questions.

Really sorry for the late reply, I didn't receive notifications, better to ping me on Telegram to get a reply faster here  

So, as DarkStar_ said, most of the info are in the first message of this topic  
I'll answer your questions:

• It's 12% for a year long loan, not 10%. Or are you asking for a discount on the rate?
• The maximum amount depends of the crypto selected, 0.2 BTC, 5 ETH... You can see the list of crypto and amounts in the first message.
• The interest paid will be a % of the amount, in the same currency
• Collateral is mandatory
• My bad I was not clear about when interests have to be paid, let's say monthly but I'm flexible about it, we can agree on another duration