As was said in white paper: "Anyone can become a participant of the LoanBit platform. The only requirement is to register using
an email or Google/Facebook account. Upon registration, the platform assigns a unique ID to each participant, after which all functionality of the
platform becomes accessible, except receiving loans." Did you have the important as for me verification process?
Thank you in advance
Yes, they have.
To obtain the loan, participants must undergo a
verification process, such as to:
• enter their data according to the passport (IDcard)
• attach a scanned copy of passport (in good quality, without using graphic editors)
• provide a contact phone number
• confirm the actual address by providing an invoice for payment of utility services at the address and confirmation of the payment
• provide the place of work, salary and other income
For the initial check is quite good. However, the best indicator of the reliability of the borrower will be its credit rating.
Yes, they also have credit rating and repayment of the amount of money in case of not paying the borrower.
By the way, who knows what is LoanBit platform strength comparing to other P2P platforms?
For me, as for many customers, the safety of my funds is important first and then earnings. This project provides both.