Coinbase complaint: Refusal of Loan Payment
Filed 2 Mar 2022 by Dustin
Do not take a loan out with coinbase. I have had a loan out with them for a meager $100 that I have been trying to pay back for over a month. When you get a loan, Coinbase will hold some of your bitcoin as collateral until your loan is repaid. Coinbase is claiming that they are blocking my loan payment for suspicious activity. As in my personal bank account. They are claiming its suspicious. They have said that I can add another bank account but with no explanation, why would I do that? They can just deem that suspicious too.
This is the same account that Coinbase deposited my loan into. It also receives my work direct deposits. Coinbase initially held $350 in collateral of mine. That has now diven down to about $225.
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