This is missinformation, unless you have stats to prove this then this isn't true. That means thats out of the 5 loans I have invested in the last month, 4 of them should have defaulted and currently none have. Stop with the FUD, get your facts straight.
and link please to this repaid rate? (Its interesting to me)
edit: I'd love for btcjam to be a success, but ask around... it isnt (sad cause the real borrowers on there are pretty awesome, just too many scammers taking btc and running)
I am not taking this thread off-topic if you want pm me and I will show it is a success, but stop with the FUD against it.