I am a little skeptical about online lending. I'd rather lend to someone who I know personally than transact with a person over the net. That is why I am simply just holding my bitcoins right now and just waiting for the opportunity to sell. I am still looking for other investments that would not require me to monitor it on a daily basis. Something that gives me 15% annually as passive income would be great.
Same here dude, i do have doubts on making a lending business here on online world because of the risk involves and its very a dangerous move that you would lend money to those people you dont even know and if i would choose its better to make lending business on physical world and its also a good investment.
Yeah if your are lending them in a real world then it will surely minimize the risks as you can lend them by doing proper paper work and you can also have their personal identity proofs which will reduce the chances of getting scammed.