I would certainly explore the possibility of lending too with the platform coming live around June too as a form of test, I'd like to be able to do that with ease, Is their an app built plan?
I would certainly look forward to borrow some. I cannot lend on my own. Nevertheless it would be very interesting to check how this whole platform works. Waiting for testing.
I am also interested in borrowing money, I hope I will find people here who offer money for very less interest. LendsBay platform would be interesting one and I am sure many people wants to try their beta version.
I am very interested in lending some money. And I'll probably try it on the LendsBay platform. But only after a beta test.
I probably will not get rich from the interest, but maybe I can help somebody and get some tokens for that
You will have the ability to lend without interest too; I would imagine that would be the most attractive for lenders. I am not sure what terms that would have but I think to also have that option is great too esp. for friends and family.
yes, maybe i'll try the platform first with a friend before lending money to a stranger. Then of course without interest :-)
I'm curious how the loan-platform will look. Probably we see a number of providers with the interest rates and from these the interested parties can select. That could lead to very low interest rates
Yea, they have a lot of tools to help create a friendly environment for users such as the tools that will help access borrower's risk level, i believe that will be part of the yardstick to go about using the platform, so those with a higher level of risk ratings potentially signifies a red flag, i also think starting with people of similar interest that you know like friends and families will be good till one gets really acquainted with the platform
Yeah, I agree with you it'd be wise to start lending to close pals before extending lending to strangers. This'll surely build trust and give folks the confidence to get involve.