Ninjastic
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Board Announcements (Altcoins)
Re: [ANN][PRE-ICO] LoanBit - P2P lending & investment
by
whitewhidow
on 22/03/2018, 16:08:25 UTC
Quote from: PinoyD on March 22, 2018, 03:15:00 PM
Quote from: nafantc on March 22, 2018, 02:53:17 PM
Quote from: whitewhidow on March 22, 2018, 02:52:23 PM
Is it true that in cases where the borrower does not return funds to its creditor, the LoanBit platform compensates the borrower for 75% of the lost funds?
Yes, it is stated in the white paper of the project. In fact, reduce the risks for the borrower, it is very convenient.
75% is maximum coverage, minimal is 20%
I apologize, forgot to clarify this point. In the prince, the conditions for creditors are not so important to us:) I think that the future creditor does not read our forum.