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Question: Should we limit the number of active loans per user?
No. As long as he is paying.
Yes, max 1 active loan per user.
Yes, max 2 active loans per user.
Yes, max 3 active loans per user.
Yes, max 5 active loans per user.

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Author Topic: [ANN] BTCJam - Peer to Peer Bitcoin Lending  (Read 204914 times)
jwest411
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May 30, 2014, 09:33:00 PM
 #1081

Collecting these statistics and many more specific/useful ones is what I hope to make the basis for my masters thesis on credit rating models, and I will release all of my findings to the community after they are analyzed. Only problem is I still can't get the api to work. Is anyone here currently using the api? If anyone could say they are either using the api or can't use the api, either fact would be a huge help. At this point I have hired someone to help me get it to work and we have still gotten nowhere; still internal server (500) errors whenever I make any calls OTHER than "listings".

-btcjam api errors
luckypyrate
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June 01, 2014, 01:44:46 PM
 #1082

Well I just signed up so hopefully this will be a good opportunity for me to borrow and lend to build the network and spread awareness of BTC to the world!  I really feel we need to work on getting out there and being more evangelical (for a lack of a better word) with the reality of BTC and how it can revolutionize the world and FREEDOM!

Life is too serious to be taken seriously
letuslook
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June 01, 2014, 08:09:24 PM
 #1083

Just signed up, works pretty well and took some loans (repaid) and invested some of my funds in others. I really like to small scale lending and borrowing structure and i hope to get my first large loan trough btcjam! For those who are interested this is my listing:

https://btcjam.com/listings/13567

Thanks,

~ Luc
minerbobbert
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June 04, 2014, 04:54:02 AM
Last edit: June 06, 2014, 01:30:05 AM by minerbobbert
 #1084

Looks like the site is down.

Anyone have any information on what is going on?
letuslook
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June 04, 2014, 07:17:15 AM
 #1085

site works fine here!
MihailPeichev
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June 04, 2014, 10:07:48 AM
 #1086

Hello all,


I have big problem with my account. When i try to activate loan i see that is "Proccessed" and immediately after that i receive email that say "Loan expired before is 100% funded" and automatic disapired from my account in btcjam. I write to support but nobody replay me. I dont know where is the problem but can somebody from support to answer me here or in btcjam. My email is: mihailpeichev@abv.bg. I see that this is not happening only to me.

Regards, Mihail!
ironhammer5
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June 04, 2014, 05:31:20 PM
Last edit: June 04, 2014, 06:05:57 PM by ironhammer5
 #1087

Also having some trouble with the site here. For me it's with making a payment due today, it's been stuck on "processing" for many hours -- Despite it saying "this usually takes 10 seconds or less".

Have raised a support ticket and tweeted, but no response.

I hope it gets sorted today as I really don't want to get my first ever late payment because their system wasn't working.  Sad

EDIT: Just went through shortly after emailing support@btcjam.com (not sure if it was the email, or coincidence, but it's all good here now).
aerin00
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June 05, 2014, 05:41:31 PM
 #1088

Hello all,


I have big problem with my account. When i try to activate loan i see that is "Proccessed" and immediately after that i receive email that say "Loan expired before is 100% funded" and automatic disapired from my account in btcjam. I write to support but nobody replay me. I dont know where is the problem but can somebody from support to answer me here or in btcjam. My email is: mihailpeichev@abv.bg. I see that this is not happening only to me.

Regards, Mihail!

I'm having the exact same issue and their customer service is basically non-existent.  Great idea, terrible service.  I hope somebody else can create a similar website with better execution.
Ridley69
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June 05, 2014, 05:58:42 PM
 #1089

I send document for Address Verification Request like 3 months ago and status is always on "Waiting", no news, no mail, nothing...

I want to make some loans but I can't as my account isn't verified Sad
BTCJamSupport
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Support for the global P2P lending platform:BTCJam


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June 05, 2014, 10:14:57 PM
 #1090

I send document for Address Verification Request like 3 months ago and status is always on "Waiting", no news, no mail, nothing...

I want to make some loans but I can't as my account isn't verified Sad

Hi there, I believe I responded to your support ticket the other day - I'm sorry it hasn't reached you. Please check your spam folder.
aerin00
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June 05, 2014, 10:25:21 PM
 #1091

I send document for Address Verification Request like 3 months ago and status is always on "Waiting", no news, no mail, nothing...

I want to make some loans but I can't as my account isn't verified Sad

Hi there, I believe I responded to your support ticket the other day - I'm sorry it hasn't reached you. Please check your spam folder.

Hello,

Any progress with my support ticket?  username: aerin00

Thanks
Micrux
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June 06, 2014, 01:35:30 AM
 #1092

Hey all...  Kind of curious.. What would be the point in investing / buying notes from defaulted loans.
I see them available on the site.  I just don't see a point in attempting to recover or invest in them really... 

Is BTCJam taking the lead on recovering defaulted loans, and if so what sort of compensation is granted to those who held the note funding that loan initially, or through purchase?

Someone going to create a BTC collection agency ?

I'd have no problem investing in some of these if there was some means of attempted recovery, especially since some lenders are scrambling to recover any of their lost funds and selling them on the cheap.

zaradoz
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June 08, 2014, 09:34:20 AM
 #1093

I'm trying to reach the customer support urgently since yesterday. Not even an automated replay. My funds are stack on the site and I am unable to withdraw... any way to contact CS?

letuslook
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June 09, 2014, 05:04:45 PM
 #1094

Hi BTCJam,

My loan payments are stuck on "Processing". Are there currently problems with your server or could you check my account?

Thanks already,

~ Luc
zaradoz
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June 09, 2014, 05:40:20 PM
 #1095

I'm trying to reach the customer support urgently since yesterday. Not even an automated replay. My funds are stack on the site and I am unable to withdraw... any way to contact CS?

Still trying to reach btcjam support, still no reply.

letuslook
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June 09, 2014, 06:59:52 PM
 #1096

Hi BTCJam,

My loan payments are stuck on "Processing". Are there currently problems with your server or could you check my account?

Thanks already,

~ Luc
Update: (seems to be fixed now)
~ Luc
btcjamads
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June 11, 2014, 11:40:19 PM
 #1097

We are introducing Net Annualized Returns, so you can see how well you are actually doing!

https://bitcointalk.org/index.php?topic=648962.new#new
amdismat
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June 13, 2014, 08:32:15 PM
 #1098

scam scam scam scam scam scam i lost over 500gbp and when i email them they dont respond and they banned me from there facebook page i have invested over 2kgbp most of all my money and already 500gbp has gone never to be seen again avoid unless you want to loose all your money they are a scam scam scam scam scam scam scam
btcjamads
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June 13, 2014, 09:12:57 PM
 #1099

amdismat - sorry to hear that you are having a bad experience. our average repayment rate is around 90%, so maybe you just really got unlucky.

if you tell me your btcjam username I'll be happy to look into what happened with your support request.
letuslook
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June 13, 2014, 10:04:09 PM
 #1100

I only have good experiences with btcjam, both investing and bitcoins loan. I think it is important to invest only in high quality loans (B+), get to know the person who you are investing in and keep a diversified portfolio.

~ Luc de Jager



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