Topic: Lending Platform - Alternatives to Loanbase, Bitbond, Jam & BtcPop (Read 2054 times)

No where in this site have another language or a language menu.
not very professional job in that part, they need to put English. at least...

Just a few precisions on Stemfund here :

1/ we removed the 0.01btc fees to list loan for borrowers.

2/ funds cannot be withdrawn if you do a building reputation loan as we said a hundred times and is written everywhere on the website. Use this kind of loans only if you want to show lenders your ability to repay loans in time.

3/ We ask borrowers to upload proof of ids and sign the loan agreement only if their loan is funded. No point bothering people with forms filling if they don't get their loan funded.

Any questions feel free to PM me.

Just so you know, this should be in the service discussions platform and not the service announcements.

Loans are risky, if you are worried about loan defaulters just ask for collateral.

I think that before fund a loan, investor need to have many information about borrower and how loan will be used. For example, i think that loan for gambling (yes i see a lot of borrower ask loan for casino o for sport bet) are intended to not be repaid.

see if any one want to scan they will do it ..as you can see in btcpop , btcjam i lost many btc and all are reputed person in there and have full identity verified but still the scam ..not paid the load they have taken ..so there is not way you can assure that any one can't do scam

Actually without giving out your identity no one would trust you to give loan because in this types of services there is no any writtern statement or collateral in place so your identity and social accounts will work as collateral. However i find both lending and borrowing with sharing identity quite risky as both have to trust lending sites and their management. And at any point service may go offline or your identity/account details may get leaked from their database.

I'm agree with you about the risk, because if i remeber well, Ardeva was haked some times ago.

If its a big loan yes you needed those as part of a guarantee that Banks or Lending company is really dealing with a real person, they might even require a collateral but for online, no way, I would rather visit a bank and hand over my requirements to the authorized person who handles loan. Its very risky sending those docs over and it might end up being used in illegal activities.

Yes, providing information like social service number, ID's, income statement and more is risky, but is the only way for obtain big loan  . No one will lend their coin to an anonymous user

Providing information like social service number, ID's, income statement and more is dangerous ad putting your self at risk of online theft identity specially if you submitted those documents to a newly registered site or an unknown site with very low or zero  reputation. In Facebook alone we dont want to post details about our whereabouts and our exact workplace, same applies to those kind of sites unless your really trust them that nothing will happen to your docs.

Hallo Xbadex,

Before investing BTC eveyone need to keep in mind what I said here https://bitcointalksearch.org/topic/m.15887761 : Risk free doesn't exist 

There are a lot of opportunity of investement around the web so what to do to make the right choice? Well, There are some simple rules that if follow allow everyone to avoid unpleasant surprises...

Rules (tips) to follow:

1) There is no investment without risk!
2) Every investment has its own risk, and profit is the reward for that risk.
3) There is a correlation between risk and return. More return means more risk: so if someone promises you high interest rates it is because you are running a high risk
4) You can reduce the risks by diversify your portfolio
5) The best diversification is achieved by choosing different assets with negative correlation (such as oil and biofuels)
6) Risks are greatly reduced when it also implements a territorial diversification
7) A good portfolio is also diversified in terms of time: so alongside day trading operations, we must add investments to hold in portfolio for more time.
8 ) Longer an investment is risky and the longer the time in which you will reap the profits
9) Do not be afraid of risk: dedicating at least 5% of your portfolio to more speculative activities
10) Always leave at least 30% of your portfolio in cash or otherwise invested in prontamenet assets into cash without incurring a loss.
11) Fix and respect Stop loss and take profit
12) Stay away from ponzi, hyps and other scheme
13) Stay away from Binary Option
14) Gambling (dice) is not an investment!
15) Never be in a hurry to recover losses. You risk just to increase the risks and as a result of increased losses
16) After hit a stop loss or after closing a loss position, take time to reflect before reinvest
17) Remember that you can not close all operations into profit, so be careful because even after 99 positive operations you may go wrong and lose everything.
18) Money management is critical: always remember to reinvest profits in different activities and not related to those that generated them.
19) Do not be obsessed with your investments. Follow your strategies but do not stay the whole day in front of the pc just to see the changes in your actions. No need!
20) Enjoy your life! Remember that to allocate a small portion of your income even to things that may seem useless, because you only live once!

www.bitib.eu
Forex Account Manager

What your experience with such stuff i so afraid with that.
In crypto such thing looks very risky.
How much we can earn by lending without high risk?

PS: There is always risk that service provider will vanish or be hacked.

I Found & Test :

5) Wayniloans - https://www.wayniloans.com/

And here my experience, as borrower:

5) Wayniloans This is a Spanish platform. I just signed up and linked my social. Now i'm waiting for ID verification (i provide my ID card, Proof of residence and phone) & my Proof of income, that is required before apply for loan. This platform assign a rating based upon Doc provided and Credit history on platform. This kind of credit score is really safe for investors, so if you are want to try, you could put there some satoshi.
 

Why to provide all proof of identification and get loan when we can get the loan from  this forum lending section, just you have to be in high rank and your account history should be good. if you are genuine and your reason is valid their are so many users who are ready to give you loan.

Hi,

I start this discussion just with the hope to increase our knowledge about BTC lending platform alternatives to Loanbase, Bitbond, Jam & BtcPop.

I Found & Tested the follows:

1) Stemfund - https://stemfund.com/
2) Nebeus - https://nebeus.com/
3) Cryptoborrow - http://cryptoborrow.com/
4) Getline - http://landing.getline.in/

And here my experience, as borrower

1) Stemfund - They don't ask you any kind of Doc's for sign up as borrower.  Just need to provide some info about you and you are ready for your application. It's over 1 year i'm there and i see that only loand financed are "Building Trust" that doesn't allow to withraw fund. Also, if you would apply fo a different kind of loan, you need to pay a fee in advance of 0.01 BTC . I tried a lot of time to apply, but my loand was never financed there. I suggest to be very careful on this platform, because seem really shady and probably is a scam

2) Nebeus  - After providing them a lot of info (social, id & address) i was unable to apply for a loan for many times due to a bug. After provide all the info, you will get a credit score. Finally last week i start apply for loan, but no one financed me yet. You could apply for 5 loan at the same time. Seems that most of user cames from Asia & India  . BTC price is not updated and there are a lot of bug yet. I suggest to not invest there for the moment

3) Cryptoborrow - Seems a winning Idea : "Instant loan", but till now there are a lot of bug and platform doesent work. I signed up two weeks ago. Credit score is based upon Ardeva verification (so it's a good thing). After signed up and connected my Ardeva, i was able to ask for an instant 0.015BTC loan. I received my loan but i was unable to transfer amount on my wallet. I repaid this loan and asked for new loan. I was approved of 0.025 BTC , but it was impossible to withdraw amount. I suggest to wait that all bug will be solved before invest or link your Ardeva.

4) Getline - CEO of Getline is BTCtalk user maincoon (https://bitcointalksearch.org/user/maincoon-175541). Credit score is based upon Friendlyscore (so it check all your social connection and gave you a score). Seems that site work good, and i see many user with open credit line. Borrower could apply Till 0.5 BTC credit line without be approved. Over 0.5 BTC you need to be approved by the staff. Staff not trust lot new borrower, so it really easy that you will be marked as "suspicious". At the end i could say that staff not approved me yet   , but i think they make a good job for prevent scam or default, so if you are an investor and want to try, you could put there some satoshi.

Hope all users give their contribution to develop this discussion.