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Author Topic: New but would like to start funding loans  (Read 329 times)
MPolite803 (OP)
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May 31, 2017, 06:42:09 AM
 #1

What are the best practices for funding loans to members?
Here4Trades
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May 31, 2017, 06:55:48 AM
 #2

Heya! Is not as easy at it seems.

https://bitcointalk.org/index.php?topic=1851570.0

Take a look at this thread, the guy started a loan service and got scammed by many members if you take a look close you will learn about it.

Also you may need to know that accounts here are sold everyday and they should be worthless.

There's an exclusive rule of " no collateral  no loan " it will save your money.

Collatareal must be held by a trusted thirdparty, take a look at this lending section and you will find all the info you'r asking for.
MPolite803 (OP)
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May 31, 2017, 07:55:57 AM
 #3

thank u
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