Wow.  This is very sad.  I hoped BTCJam would become something wonderful...but instead...it's a haven for scammers!    I took out a tiny BTCJam loan to build a rep...but who would loan me 10btc(to sidestep the 4% vig on BTCJam) now?   

America needs micro-loans.  For example:  try getting a home loan for under $50,000USD...you won't get it.  Why?  Because it's deemed "unprofitable" to commercial banks.  I would kill for a $50K loan.  Really!  I would save a ton on rent and eventually live the american dream(becoming a home-owner).  But sadly...I must grind out 50K and pay it cash...by that time...I'll be old & wrinkled and then decide to live in an RV in Colorado.   

btcjam.bitcoinsky.com