What happens when someone does decide that he don't wanna pay back the loan he got from Elix? (when it actually will be possible to lend in the future because right now i don't see a finished product!)
It is almost impossible to default a loan in Elix, i do not know how it works at 100%, since everything hasn't been developed yet. It is just matter of time until the App goes live (maybe in february if i am not wrong)