Bitcoin Forum

We are excited to announce the details of the various improvements in our P2P Bitcoin lending platform (http://www.bitlendingclub.com)! In this release we have taken steps to provide some critical statistics about loans on our platform. We also have more data about the borrowers. This effort empowers the lenders to make more informed investing decisions and subsequently provide more competitive interest rates. We've also included some bug fixes and minor improvements to our system.

Here are some of the leading improvements made by our team:

• Added a number of important loan statistics on the home page (http://www.bitlendingclub.com).
• Reduced the minimum investment amount to $0.01 USD.
• We now display the user's state, city and income in various areas.
• We have enabled automatic payments when the borrower has sufficient funds.
• Notifications are now sent when the user has insufficient funds to make an automatic payment.
• Users can now unsubscribe from individual email notifications.
• Users should be allowed to edit and to delete their comments.
• We have added details about how the interest rates are calculated in the Help and FAQ page.
• We take collateral over the counter and we're working on an automated collateral system.
  
•    Miscellaneous improvements and bug fixes.

We really appreciate the time and patience of everybody involved with BitLendingClub (http://www.bitlendingclub.com), and we'll continue to work on improving the lending platform. Thank you again for choosing to lend and borrow with BitLendingClub (http://www.bitlendingclub.com), and trying something different with peer to peer Bitcoin lending.
If there's something you feel we've missed out or could make better, please don't hesitate to contact us.
 
Best Regards,
Kiril Gantchev
CEO and Co-Founder
BitLendingclub, LLC (http://www.bitlendingclub.com)
http://www.bitlendingclub.com