Post
Topic
Board Service Announcements
Re: [ANN] BTCJam - Peer to Peer Bitcoin Lending
by
Tulkas
on 23/12/2012, 17:33:17 UTC
BTCJam has great potential, but the defaults are a problem. And the general rules avoid the possibility of trying to get money back too

Quote
2. Late Payments
Under no circumstances should you attempt collection on a late payment yourself. In doing so you run the risk of creating a legal liability for yourself and the website cannot be hold responsible.

Lenders may not post pestering or threatening messages on any listing.

Failure to follow these policies may result in termination of membership.

So Tulkas is doing nothing to recover money (5 weeks and no words on that too), and there is no possibility to obtain data to try to recover yourself money

If you read the description of the variuos sections of the site seems that BTCJam do some check and try to ensure the security of the lenders but this is not the case at all

Hello ercolinux, we are indeed trying to establish a way to collect the debts. It was only last month that the first bitcoin enterprise got bank status.

About the personal data of borrowers, it against U.S law to release that info.