[EDU] Lenders: Use the trust system, its there to help you

[Magic8Ball]

Inspite of the best efforts of the lenders and trusted members, there has been a spate of scams. To prevent that use the trust rating wisely.

[1] When giving out a collateral free loan, give a neutral feedback mentioning the loan.
[2] When you receive a loan request, check the trust rating, click on untrusted feedback, and see if there are any ratings which may be of concern.

It should help to detect loanees who take out multiple loans. This seems to be the recent trend these days.
Warnings may not be given as negative feedback but as neutral, so it will not show up unless you go into their trust rating.

[Vod]

Inspite of the best efforts of the lenders and trusted members, there has been a spate of scams. To prevent that use the trust rating wisely.

[1] When giving out a collateral free loan, give a neutral feedback mentioning the loan.
[2] When you receive a loan request, check the trust rating, click on untrusted feedback, and see if there are any ratings which may be of concern.

It should help to detect loanees who take out multiple loans. This seems to be the recent trend these days.
Warnings may not be given as negative feedback but as neutral, so it will not show up unless you go into their trust rating.

I think that's an excellent idea.   Many scammers will try and take out multiple loans at once.

[ProspectX]

Inspite of the best efforts of the lenders and trusted members, there has been a spate of scams. To prevent that use the trust rating wisely.

[1] When giving out a collateral free loan, give a neutral feedback mentioning the loan.
[2] When you receive a loan request, check the trust rating, click on untrusted feedback, and see if there are any ratings which may be of concern.

It should help to detect loanees who take out multiple loans. This seems to be the recent trend these days.
Warnings may not be given as negative feedback but as neutral, so it will not show up unless you go into their trust rating.

I also agree to this one as it's an excellent idea. I ran into this problem with loaners taking out double or triple loans and now that ends as the rules gets more strict and no newbies or below senior members can get anything from my services. I was under prepared for these lousy scammers so hopefully nobody else has to suffer losses.

[Magic8Ball]

Its also a good idea to go to the trust page and see if they have recently changed their password. There has been a growing incidences of using hacked accounts to take a loan.

If necessary, ask for a signed message to confirm ownership. If you are unaware of how to do it, message me and I will walk you through the steps.