[ANN] BTCJam - Peer to Peer Bitcoin Lending

[Bitcoin-Corporation.com]

How to verify the data bank my country is not listed to verify the bank I want to improve credit score
you have other ways to raise credit scores ?

Actually site is very amateur.

why do you say amateur ?

Yes, their behavior says A LOT about them:

- They come here and make a quick comment and make it obvious that they're ignoring most of the inquiries and concerns here - Amateur
- Ignored the support email on Oct. 20th, 2015 asking: "Whats invalid about my bank account?" - Amateur
- Ignored the support email on Oct. 26th, 2015 asking: "Whats invalid about my bank account?" - Amateur
- Ignored the support email on Nov.  6th, 2015 asking: "Whats invalid about my bank account?" - Amateur

I don't have a problem with understanding that it is a private company's right to refuse anyone service, but it's quite disrespectful and shady to collect someone's private/personal information, then LIE and DECEIVE them. Makes me fighting mad.

See, it would be very unprofessional for me to say "I better NEVER see any of your company's key operators come to our company/companies for business once we become a service you might have to rely on. I won't forget the disrespectful treatment".

Someone might say there are more profitable ways to deal with people and companies like this.

#_A_ S _K Josh Garza about Black Magick...

[enquirer]

BTCJAM is a scam operation, and here's why: they collect 5% fees from each loan, and they do not refund the fee if the borrower disappears (which happens in the majority of cases). Therefore site owners directly benefit from ill-gotten funds.
Anyone lawyer here? time to organize a class action suit.

[MadeinCoin]

BTCJAM is a scam operation, and here's why: they collect 5% fees from each loan, and they do not refund the fee if the borrower disappears (which happens in the majority of cases). Therefore site owners directly benefit from ill-gotten funds.
Anyone lawyer here? time to organize a class action suit.

I realized this they take a fee of 5%  but they are not at risk , I think the fee of 5 % is too big because it does not have the risk of losing, while they have never done anything against the investors who lost money

[BTC LOVER]

Serioulsly Guys i simply gettin paid from several Users, but from several Users not.

So iam invested 1 BTC at all. No i got Back about an half and the rest is still pending after 2 Month. The loans where somewhere at 1 - 6 Months.
A lot of People are not Paying and so its missing 0.2 BTc by itself..

Anyways whats your s yus?

regards
lama-hunter

[MadeinCoin]

Serioulsly Guys i simply gettin paid from several Users, but from several Users not.

So iam invested 1 BTC at all. No i got Back about an half and the rest is still pending after 2 Month. The loans where somewhere at 1 - 6 Months.
A lot of People are not Paying and so its missing 0.2 BTc by itself..

Anyways whats your s yus?

regards
lama-hunter

they are instructed that you invest in a variety of loan offer to reduce the risk of losing your money but the loss still occurs, even the members with a rating score of A ++ does not pay the loan now I decided to never invest my money in BTCjam

[FergusS2050]

It is purely a waste of time and money. Do not invest in this site.

[lumeire]

Serioulsly Guys i simply gettin paid from several Users, but from several Users not.

So iam invested 1 BTC at all. No i got Back about an half and the rest is still pending after 2 Month. The loans where somewhere at 1 - 6 Months.
A lot of People are not Paying and so its missing 0.2 BTc by itself..

Anyways whats your s yus?

regards
lama-hunter

they are instructed that you invest in a variety of loan offer to reduce the risk of losing your money but the loss still occurs, even the members with a rating score of A ++ does not pay the loan now I decided to never invest my money in BTCjam

That happened to me in LoanBase too. You can't just loan people without collateral now. Too bad.

[sbtctalk]

Overall sentiments for btcjam isnt positive especially for lenders. The lenders have nothing to lose.

[Google+]

Overall sentiments for btcjam isnt positive especially for lenders. The lenders have nothing to lose.

why do you say that ?  are you member BTCjam ?
BTCjam users continues to decline can be seen from several lists of borrowers only 24 loan now
years ago when I joined there were a lot of borrowing in BTCjam more than 100 borrowers
but now more and more investors than borrowers. borrowers think the fee is too high and interest repayment so they turn to borrow from other sites

[sbtctalk]

Overall sentiments for btcjam isnt positive especially for lenders. The lenders have nothing to lose.

why do you say that ?  are you member BTCjam ?
BTCjam users continues to decline can be seen from several lists of borrowers only 24 loan now
years ago when I joined there were a lot of borrowing in BTCjam more than 100 borrowers
but now more and more investors than borrowers. borrowers think the fee is too high and interest repayment so they turn to borrow from other sites

I have been reading various btc boards and there are compilations of btcjam scammers. Might not be the best way forward for btcjam.

[CoinPro*]

We even submitted our Bank Statement from a lawful F.D.I.C. insured Bank, along with it's Telephone Number.
They rejected the Document as "This document does not meet the required type". We asked how the Document did not meet "the required type, and they never replied.

  Having the exact same problem. Check out my profile/posts on this topic. Sent in 3 months of statements with a bank managers business card, just in case they needed to call to verify. I have even offered to have a live Skype session with screen share turned on, log into all of my accounts (Bank, PayPal, eBay, etc) while in session, to show guaranteed source of income and sales. They never took me up on that offer, which is strange, because it would GUARANTEE proof of income.

They also turned down my year 2014 1099 form, which is an official U.S. tax document. Verifiable, because it is submitted to the IRS, and/or they could just cross-reference sales history/numbers with PayPal account on file with them. Unfortunately, that one got returned as "not the required type" also. Even though that is exactly what they ask for.      

[CoinPro*]

Overall sentiments for btcjam isnt positive especially for lenders. The lenders have nothing to lose.

why do you say that ?  are you member BTCjam ?
BTCjam users continues to decline can be seen from several lists of borrowers only 24 loan now
years ago when I joined there were a lot of borrowing in BTCjam more than 100 borrowers
but now more and more investors than borrowers. borrowers think the fee is too high and interest repayment so they turn to borrow from other sites

I noticed the same thing when I browsed listings last night. I was trying to see if they have blocked all people without income verification from creating new loans. The answer is, yes. Not a single loan active where people don't have income verified. BTCjam never made a public announcement about this policy change (that I know of, or can find). They were probably so sick of people complaining that there are so many defaulters, that they went to extremes with who they are allowing to create loans. I think that decision is really going to kill the user base. For example: Why would they want to lose me as a borrower, when I have over 117 BTC paid back (13 loans), all on time or early?   If they are trying to average out the defaulters, why get rid of the A credit rating members? I would never invest in someone with a D/C rating just because they have "income verified". That income verified might only be $20 a week . Even if the income is verified for a good amount, it still will never prevent something like this -> https://www.lauren-kimberley-churms.com/

[sbtctalk]

The btc lending system is going to take a blowback.  The last i checked, there was only less than 10 A+ rating lenders.

[Lies]

Investors, People who have invested in BTCJam and are tired of scammers,
Consider joining https://www.seen.is/group/8437
 Investor forum for users of peer to peer BTC lending websites on the Internet.
 Focus is on sharing experience, promoting safe investment practice, and working together to recover bad loans and expose scammers.

[owlcatz]

Investors,
Consider joining [spam link removed]
 Investor forum for users of peer to peer BTC lending websites on the Internet.
 Focus is on sharing experience, promoting safe investment practice, and working together to recover bad loans and expose scammers.

You're joking right? I wouldn't touch btcjam and you are asking people to sign up on a site that looks like a 10 year old created it in MS FrontPage 20 years ago? Uh... Nah.   

[Lies]

Investors,
Consider joining [spam link removed]
 Investor forum for users of peer to peer BTC lending websites on the Internet.
 Focus is on sharing experience, promoting safe investment practice, and working together to recover bad loans and expose scammers.

You're joking right? I wouldn't touch btcjam and you are asking people to sign up on a site that looks like a 10 year old created it in MS FrontPage 20 years ago? Uh... Nah.   

I adjusted my salutation in my original post.

Investors, People who have invested in BTCJam and are tired of scammers,

Some of us who are tired of scammer that are able to get loans funded and never repay. So, this group is not for just wining about it, like most do here. It is for exposing the scammers and looking for ways to make them repay their depts. As a group we can achieve more then an indivuals to make claims.

https://www.seen.is/ doesn't look 1995/2005 to me. And yes, I do remember Frontpage and Netscape days.

[Kanati]

Investors,
Consider joining [spam link removed]
 Investor forum for users of peer to peer BTC lending websites on the Internet.
 Focus is on sharing experience, promoting safe investment practice, and working together to recover bad loans and expose scammers.

You're joking right? I wouldn't touch btcjam and you are asking people to sign up on a site that looks like a 10 year old created it in MS FrontPage 20 years ago? Uh... Nah.   

I signed up and learned a lot from it. But then again I'm not an art critic 

[sishendaoye]

BTCJAM:
1. Registration on the site BtcJam.com + verification by email
2. Upload your copy of the identification (passport) or your driver license to your profile + from both sites your photo with document.
3. Verification of your address – electricity bill, telephone bill etc.
4. Verification of your Paypal, Ebay, Coinbase etc history.
5. Verification of your connection on social pages like Facebook, Linked In, Twitter etc.
6. Verification of your telephone – classic SMS
7. You can upload your Salary too
8. Verification of your credit card and bank account

So all of this needs to be done in order to get a loan?

Yes, do you find that weird?
Why would anybody lend you money if you are an anonymous person who can run away.
Having a team of employees checking and verifying you, gives me trust to lend you some money/btc.

[owlcatz]

BTCJAM:
1. Registration on the site BtcJam.com + verification by email
2. Upload your copy of the identification (passport) or your driver license to your profile + from both sites your photo with document.
3. Verification of your address – electricity bill, telephone bill etc.
4. Verification of your Paypal, Ebay, Coinbase etc history.
5. Verification of your connection on social pages like Facebook, Linked In, Twitter etc.
6. Verification of your telephone – classic SMS
7. You can upload your Salary too
8. Verification of your credit card and bank account

So all of this needs to be done in order to get a loan?

Yes, do you find that weird?
Why would anybody lend you money if you are an anonymous person who can run away.
Having a team of employees checking and verifying you, gives me trust to lend you some money/btc.

Funny how that really doesn't work all that well though, does it?. If it did, I wouldn't be in the hole on that site. Besides, what's to stop people from creating a fake person and buying fake docs on the darknet, or just using someone else's information? 

[pinoycash]

what will you do in case of default payment? are you gonna enforce the full arm of the law? or just post it on your scammer list? so investing here is not safe?