Hello Mr @Hitchcock and thanks for your big interest in our project. First of, the aim of PayDay Coin is to create a decentralised blockchain-based platform where the geographical boundaries between borrowers and lenders all over the world are erased. It's P2P funding, not a banking system, therefore the license is not needed. The loans will be given out to all verified by KYC borrowers. What do you mean by "What kind will you give out loans?" - not sure I get you.