evanagreer (OP)
Newbie
 Offline
Activity: 11
Merit: 0
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January 26, 2016, 04:20:55 AM |
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Hi All -
For p2p lending, I've found BTCjam and Loanbase. Which service has a better reputation?
Are there any other sites like those two that I should check out?
Thanks!
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"There should not be any signed int. If you've found a signed int
somewhere, please tell me (within the next 25 years please) and I'll
change it to unsigned int." -- Satoshi
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Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
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matete
Full Member
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Activity: 210
Merit: 100
=> Buying Bitcoins Everyday !
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January 26, 2016, 05:15:03 AM |
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Hi All -
For p2p lending, I've found BTCjam and Loanbase. Which service has a better reputation?
Are there any other sites like those two that I should check out?
Thanks!
Loanbase and Btcjam are good. You can also. Check out btcpop and btclend |
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lumeire
Legendary
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Activity: 1848
Merit: 1009
Next-Gen Trade Racing Metaverse
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February 15, 2016, 11:02:27 PM |
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Hi All -
For p2p lending, I've found BTCjam and Loanbase. Which service has a better reputation?
Are there any other sites like those two that I should check out?
Thanks!
IMO Loanbase is a joke, they tried a last ditch attempt to save their business by buying and hopefully silencing the hacker. Of course, the latter is just milking them. |
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mrhelpful
Legendary
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Activity: 1456
Merit: 1002
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February 16, 2016, 06:01:11 AM |
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It depends on what side youre on.
If youre a borrower then by all means btcjam seems a perfect fit for most.
But if youre an investor, do some homework on defaulted loans and scam artists out there using it as a tool.
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robelneo
Legendary
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Activity: 3234
Merit: 1203
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February 16, 2016, 06:22:32 AM |
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If it is ok for you to expose all about your business and online profile then it is ok to get into the btcjam program whether you are a borrower or an investors,but would like to remind you it is so hard to borrow from btcjam without exposing your credit trust,your home address and everything about you,and you have no guaranty that you will get all your requested loan...
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crazyivan
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Merit: 1007
DMD Diamond Making Money 4+ years! Join us!
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February 16, 2016, 07:25:31 AM |
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The problem with all these services is collateral. If you loan money and your loan defaults, all they can do is to share with you data about the borrower. What am I going to to with data about person from Philippines, for example? COLLATERAL is must have.
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Bourbon44
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February 16, 2016, 11:33:17 AM |
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Hold it or lend it as margin on Bitfinex. There are too many people out there looking for quick returns so platforms are borrower friendly rather than investor friendly. Until the sentiment changes you'll likely be better off doing either of the above.
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Raimonn
Legendary
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Activity: 1456
Merit: 1001
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February 16, 2016, 12:03:56 PM |
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The problem isn't on loanbase or btcjam reputation. When you invest a project, you have a risk, and with the highest risk you could have more benefits, but the risk of default will be higher. And with low risk sometimes your benefits are too low to invest.
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Bourbon44
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February 16, 2016, 12:17:26 PM |
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The problem isn't on loanbase or btcjam reputation. When you invest a project, you have a risk, and with the highest risk you could have more benefits, but the risk of default will be higher. And with low risk sometimes your benefits are too low to invest.
In an ideal world, yes. I can't speak for loanbase, but I have real problem with how jam assesses risk. It's not the risk/reward, but do you trust the people who are measuring the risk. That is risk on top of risk. I'd keep away. |
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maincoon
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February 16, 2016, 01:39:15 PM |
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The problem with all these services is collateral. If you loan money and your loan defaults, all they can do is to share with you data about the borrower. What am I going to to with data about person from Philippines, for example? COLLATERAL is must have.
Shameless plug. I developed getline.in in such way that collateral can be held by trusted member of bitcoin talk forum. |
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Zeke2345
Member
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Activity: 98
Merit: 10
★YoBit.Net★ 350+ Coins Exchange & Dice
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February 16, 2016, 01:43:17 PM |
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Just a reminder that these sites are mining your data and have a nice profit off the customers back on exit.
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stiffbud
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February 16, 2016, 02:07:01 PM |
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Moat of those lending sites are full of scammers. Lol. It's way much etter to lend or get a loan here provided with a collateral. Anyway, you can also try btcpop. So far I think it is the best lending service provider so far for me.
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BrassicBob
Newbie
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Activity: 19
Merit: 0
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February 16, 2016, 06:17:16 PM |
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Moat of those lending sites are full of scammers. Lol. It's way much etter to lend or get a loan here provided with a collateral. Anyway, you can also try btcpop. So far I think it is the best lending service provider so far for me.
I would agree. Look at the amount of scammers on btcjam right?  |
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plost24
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February 21, 2016, 04:56:02 PM |
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i have a bad experience in this type of site there is only 5% that don't spam and pay money back but the others all scammers
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For rent 1.4 Bitcoin for 11 months starting Feb 1 2017
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icanscript
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February 27, 2016, 01:10:52 PM |
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I cant seem to get a loan with BTCJam, I am B - rated and every time I ask for a loan it gets declined by their verification, Even thought I have wrote more then enough evidence of payment back and details for what he funds will be used for.
I just cant understand their system of allowing people with shitty wage and jobs to get loans and then me asking for 3 BTC on over £40,000 a year and other income declined when all this has been proven and verified by them.
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Mediator
Legendary
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Activity: 1442
Merit: 1001
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February 27, 2016, 01:35:57 PM |
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i have a bad experience in this type of site there is only 5% that don't spam and pay money back but the others all scammers
Yes no protection funds from Site they just enjoyed free of loans and investments scammers also felt safe because there is no significant threat I suggest you do not try to invest on the site Unless you are prepared to lose funds |
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BitcoinHodler
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February 27, 2016, 03:00:54 PM |
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Hi All -
For p2p lending, I've found BTCjam and Loanbase. Which service has a better reputation?
Are there any other sites like those two that I should check out?
Thanks!
i have never even heard of loanbase, but i know about BTCjam, they are a good platform for lending bitcoin but it is not scam free so there is a lot of risks. i think if you are planning on lending bitcoin, here or anywhere that you can take valid collateral is better options. |
Holding Bitcoin More Every Day
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lumeire
Legendary
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Activity: 1848
Merit: 1009
Next-Gen Trade Racing Metaverse
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June 14, 2016, 02:22:04 AM |
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Anyone received new payments from loans that were already defaulted in LoanBase?
I happen to have received payments just now from 2 defaulted loans. Seems to me they're doing debt collecting work.
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jacee
Legendary
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Activity: 1302
Merit: 1024
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June 14, 2016, 02:34:08 AM |
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Anyone received new payments from loans that were already defaulted in LoanBase?
I happen to have received payments just now from 2 defaulted loans. Seems to me they're doing debt collecting work.
I received a micro payment but not the whole amount I invested on the loan just today on loanbase. |
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Joel_Jantsen
Legendary
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Activity: 1876
Merit: 1308
Get your game girl
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June 14, 2016, 02:39:32 AM |
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To be very honest ,being a investor you should not even be bothered about using peer to peer lending sites especially those mentioned above.I have invested a good amount of money in a so called "trusted lender" to which I receive interest on daily basis but hey its been 7 months and I haven't received my original amount yet.There were times when I needed my money back but I can't because I have to rely on few satoshi's I'm being paid on daily basis.To be honest I would have made more money from faucets.Stay away from p2p lending.
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