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Author Topic: Any Reputable Bitcoin Lending Sites ?  (Read 1016 times)
alani123
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August 27, 2017, 10:27:02 AM
 #21

Sites? No matter how reputable a website can be it's always the userbase that disappointing when it comes to loans. Loans really are a very risky thing to try and profit from especially given that bitcoin's nature of transaction makes it easy and non-consequential for a default.

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Karartma1
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August 27, 2017, 10:29:19 AM
 #22

I tried bitbond and i got robbed twice by the borrowers (I lent to the low paying loans with low interest but high rating). End result two defaulted loans and 0.1 bitcoin lost.
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August 27, 2017, 10:37:28 AM
 #23


I want to borrow bitcoin, without collateral.

Any websites that use my credit rating ? just as Zopa do ?

New to this, so any advice welcome

I would suggest using bitbond if you have no collateral whatsoever.

They will take all your ID and stuff, and do a background and credit check on you. So i'm pretty sure this is what you're looking for. Interest rates are lower than on forum but is still going to be way higher than bank interest. There are a few other alternatives like btcpop but i wouldn't suggest using any of them.

If you were going to use your credit rating to get a loan i'd suggest getting a loan from the bank for much less interest and using the proceeds to buy bitcoin. You're going to get the same amount of bitcoin and pay less in interest.

On this forum, no collateral loans are highly frowned upon. Don't even bother.

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