Post
Topic
Board Lending
Re: Lending bots: Are they profitable?
by
botany
on 02/03/2017, 16:20:53 UTC
In my experience, no. There is no way to assess the risk properly with a bot apparently because I got screwed. I wouldn't suggest lending sites at all, and especially not with a bot.

Lending sites where decisions are made whether to lend or not, won't work with a bot.
If you have a set of pre-cleared borrowers, and the only decision is whom to lend to, so that you maximize returns; then you can use a bot.