Hi,

We're pleased to introduce a new lending platform at: https://trustedcointrades.com/lending

Our lending section includes collateral and no collateral loans and we're seeking feedback. Can no collateral loans be done safely? We believe they can as our Gold and Silver members have their identity (or similar reputation) verified. Is there anything else we might do?

We feel no collateral loans should work somehow and be a benefit. Loans in a forum setting won't work well, but there should be ways to increase safety. Consider banks charge a $35+ service fee for account overdrafts. This is a great example of where a small short term loan, say around $50, could save someone a large fee and be worth it even at high interest. What do you think?