Re: [ANN] BTCJam - Peer to Peer Bitcoin Lending

BTCJam. What the hell.

I have sign up 3 months ago I did the Verified stuff. I am still waiting to get approved so I can get the loan that I need. I have been emailing them can get nothing at all.
I don't know what to do.

I here all the time that BTCJam is the best way to get a loan. I am have a bad feeling about that.

Is there anyone can help me with is.

I have the same problem. But I received btcjam e-mail yesterday:

Quote

Hello there,
In order to have your documents and application reviewed, your credit score must be a C- or better. Your documents will remain in review until your score improves!

You can improve your credit score by connecting more accounts or requesting references from friends, family, or colleagues.

Requesting references? I dont have facebook, lol. And what should I do?

Maybe they are phasing out D-rated loans...currently there are 19 loans on offer and only one is a D and it is an older one. BTCJam has a tendency to implement policy changes without any announcement...similar to withdrawing from the U.S. market without any official announcement.

I dont want a D-rate, but how can I receive a better rate, if BtcJam dont want to review my docs? Its absurd.

I meant that anyone with a credit rating of D or less may no longer be able to get qualified for a loan...if they wrote to you saying you need to raise your credit rating to a C- or better then it tells me that a D rating is no longer acceptable (just a guess). I know Tulkas responds here every now and then, maybe he can step in and help out with an answer.

I experience this also. I'm a newly registered member on the site and I got a D rating from the start. In order to increase my rating I uploaded all the documents needed so I can get a high score even connect accounts such as Paypal, Facebook and everything. After that I've created my loan application. However, after all I've done its still not enough (I'm currently on 50% profile completeness). I also received an email saying that I have to increase my rating to C- in order for my documents and application to be reviewed. So, I get back to my account again work on some other things such as requesting references and connecting other accounts but the sad thing is that from D rating it dropped down to D-, what the hell! How can I work my rating if you don't want to review my documents (ID, Proof of Billing, Proof of Income)? Come to think BTCJam. Does any staffs or upper management of the site active here? I just want an answer for this. Thanks!