Hi everybody, I just made my first loan request on BtcJam. My creditscore is low and I really can't do anything about it, because I can't verify my bank account, looks like it is difficult for bulgarian residentials. I really don't know what to think and wanted to ask you guys if someone has more experience than me. Cheers!
how much do you have to pay back? i mean the profit part how much is the profit
I'll pay back around 1.7 btc divided in 9 weekly payments of 0.19, which equals to 70% profit.
Honestly your better off saving and just buying. Some advice though to hopefully help. First stop gambling, you will never win long term. Second on investing go slow see how it goes, you can lose a lot if investing wrong.
I (and I would guess others) would ask why do you need the BTC right now? 70 percent interest is likely more then you will make with the 1 btc. Your better off not taking this load, and saving and buying btc on your own.