I feel the reputation component is really missing from this. We either have to rely on trusting BTCJam that they actually have the personal credit score they say they do, and rely on them to pursue defaulters and their credit reputation for us, or rely on something like the OTC system, which isn't very robust of updateable. I think BTCJam is digging themselves into a corner with trying to stay so legal, protecting themselves against lawsuits from the borrowers whose privacy they have to protect, at the expense of the lenders who are getting ripped off.
Is there a market for a third party, more reliable, and easier to use reputation tracking system?
Is there a market for a third party, more reliable, and easier to use reputation tracking system?
Perhaps all we need is a voting system
based off bitcointalk messages
vote for someone yes or no, or just leave a specific comment
then hardline those into people's btcjam profiles
crude way but it would solve this temporary reputation problem
make users have to wait and gain a rep on bitcointalk first. (months, I know
) 
