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Author Topic: bitcoin loan website getline.in is it legit?  (Read 4544 times)
bitcoin110011
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February 08, 2016, 03:53:35 PM
 #1

i saw this website www.getline.in
I was wondering if anyone has used this service and can give a feedback
thanks

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February 08, 2016, 04:04:21 PM
 #2

i saw this website www.getline.in
I was wondering if anyone has used this service and can give a feedback
thanks

Appears there are some users offering loans using this service in another thread: https://bitcointalk.org/index.php?topic=1346941.0

I personally never heard of it. Cursory glance shows an unimpressive site on vanilla amazon platform. It might be good to talk to some real users of the platform first.


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maincoon
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February 08, 2016, 04:25:26 PM
 #3

i saw this website www.getline.in
I was wondering if anyone has used this service and can give a feedback
thanks

Appears there are some users offering loans using this service in another thread: https://bitcointalk.org/index.php?topic=1346941.0

I personally never heard of it. Cursory glance shows an unimpressive site on vanilla amazon platform. It might be good to talk to some real users of the platform first.

I am owner of the site. AMA


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March 01, 2016, 08:00:18 AM
 #4

I use this service almost from its start. I'm invest and borrow, here is my profile:
https://getline.in/u/129
Really reliable service.

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March 02, 2016, 09:39:21 PM
 #5

It seems like it is legit, many people have used it here: https://bitcointalk.org/index.php?topic=1346941.0

I guess it is legit then.
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March 03, 2016, 10:06:07 AM
 #6

I've got some small investments made on this site.

I'm a bit doubtful about it, it seriously looks like a scam.

But You can't know until you've tried. If I get my money back I'll tell you!

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March 04, 2016, 02:10:08 AM
 #7

It's a lending platform and the owner actually take in the rules of the forum about giving loans with collateral. I actually think the service is great since the members here gets to talk and knows who is who but the only downside is the whole wesite doesn't really look legit and if you are someone who is very cautious in giving out your personal details then you will really be doubtful into giving them yours.

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March 04, 2016, 03:45:52 AM
 #8

I've got some small investments made on this site.

I'm a bit doubtful about it, it seriously looks like a scam.

But You can't know until you've tried. If I get my money back I'll tell you!
I'm the official customer support for the website and can assure you its not a scam as you are putting it.Since you have already invested you could have seen your daily or weekly interests rates right ? Also fact that we don't have as many investors and maincoon himself is providing loans for forum  members from his own pocket should convince you of his intentions.


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March 04, 2016, 11:10:04 AM
 #9

i saw this website www.getline.in
I was wondering if anyone has used this service and can give a feedback
thanks
All the loaning websites are good if you fund into good lenders ,otherwise there is nothing much that you could do if the person doesn't wants to repay your money.Hundreds of defaulters aren't charged anything on Jam & loanbse.

I'm the official customer support for the website and can assure you its not a scam
Well, I think that is not what people would like to hear,at least the investors wouldn't.There is no reason for your review to not be a bias one.
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March 04, 2016, 01:45:06 PM
 #10

These is a new project similiar to btcjam,where you take the risk to loan to others,the sucess of the investment and loand funds is where you invest the money but no one can say that the project isnt good the people that goes around loans sometimes are just scammers,but there are honest persons that pays ,but without an valid colateral these days lending to a person that we dont know is a huge risk bigger then gambling or trading.
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March 04, 2016, 01:57:32 PM
 #11

I'm the official customer support for the website and can assure you its not a scam
do you require users to post on this forum before applying at geline.in?

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March 04, 2016, 03:26:34 PM
 #12

These is a new project similiar to btcjam,where you take the risk to loan to others,the sucess of the investment and loand funds is where you invest the money but no one can say that the project isnt good the people that goes around loans sometimes are just scammers,but there are honest persons that pays ,but without an valid colateral these days lending to a person that we dont know is a huge risk bigger then gambling or trading.

I am getting REAL IDENTITY as something like collateral.
Just by removing anonymous borrowers i am able to get low default rates.

Think about it - you can lend money to some stranger online (that was credit scored) or to a friend that you know personally.
If you know somebody and you know where he lives there is smaller problem with people defaulting. And once they default they will be never able to take any new loan and they personal record will be stained forever as displayed here ( http://www.shamelist.it/)

By lending to people you already know and trust you are safer than lending to total strangers. Global collection is hard to do and just look for default rate on btcjam or loanbase.

I know that investors are looking for hard data - therefore each borrower profile on getline is public, all can be audited and checked by audit company

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March 06, 2016, 06:08:47 PM
 #13

Well shy people would expose themselfer since one of purposes of bitcoin is being and stay anonymous,just the adress is left,and ip no face and no name on it.Soo you should be offering loans of fiat and not bitcoin ,i wont even try it now that i  know i need to show off.
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March 06, 2016, 09:25:41 PM
 #14

Well shy people would expose themselfer since one of purposes of bitcoin is being and stay anonymous,just the adress is left,and ip no face and no name on it.Soo you should be offering loans of fiat and not bitcoin ,i wont even try it now that i  know i need to show off.

Because anonymous people don't have anything to lose. And see for yourself how harsh treatment is applied to newbies asking for a loans.


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March 10, 2016, 08:59:45 PM
 #15

These is a new project similiar to btcjam,where you take the risk to loan to others,the sucess of the investment and loand funds is where you invest the money but no one can say that the project isnt good the people that goes around loans sometimes are just scammers,but there are honest persons that pays ,but without an valid colateral these days lending to a person that we dont know is a huge risk bigger then gambling or trading.

I am getting REAL IDENTITY as something like collateral.
Just by removing anonymous borrowers i am able to get low default rates.

Think about it - you can lend money to some stranger online (that was credit scored) or to a friend that you know personally.
If you know somebody and you know where he lives there is smaller problem with people defaulting. And once they default they will be never able to take any new loan and they personal record will be stained forever as displayed here ( http://www.shamelist.it/)

By lending to people you already know and trust you are safer than lending to total strangers. Global collection is hard to do and just look for default rate on btcjam or loanbase.

I know that investors are looking for hard data - therefore each borrower profile on getline is public, all can be audited and checked by audit company

I placed  request for a loan on the site but I don't know it can be tracked. I was able to enter the details but there was no option of creating an account on the site. How does one know the progress of the loan?
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March 10, 2016, 10:43:05 PM
 #16

I placed  request for a loan on the site but I don't know it can be tracked. I was able to enter the details but there was no option of creating an account on the site. How does one know the progress of the loan?

Could you link me to your getline profile ? How much was the loan request for ? What could you use as collateral ? People only invest in you,if you're quite trusted and officially a approved user on getline.in.If your next question is how to be a approved user,take a loan with proper collateral,pay on time and increase your trust ratings.Send me your getline profile.


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March 11, 2016, 07:22:35 AM
 #17

I placed  request for a loan on the site but I don't know it can be tracked. I was able to enter the details but there was no option of creating an account on the site. How does one know the progress of the loan?

Could you link me to your getline profile ? How much was the loan request for ? What could you use as collateral ? People only invest in you,if you're quite trusted and officially a approved user on getline.in.If your next question is how to be a approved user,take a loan with proper collateral,pay on time and increase your trust ratings.Send me your getline profile.

Unfortunately, when I tried to access the page I was unable to log in. I instead registered afresh and my profile is https://getline.in/u/472. I can use my bitcointalk account as collateral.
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March 11, 2016, 02:09:41 PM
 #18

I've tried to register today but it doesn't seem that it's working.

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pbleak
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March 11, 2016, 02:40:23 PM
 #19

What information do people have to provide to borrow?
bleachedno
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March 11, 2016, 03:08:07 PM
 #20

What information do people have to provide to borrow?

Thats a good question because i can not see it anywhere in the FAQ i will signup today and try to find out this info and then i will post it here.

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