I realise I'm feeding the trolls here, but honestly I am OK with BTC Jam. I think there are some things that they really ought to do better, and I am hassling them about that. They need better transparency WRT how they follow up on late payments, they need better information on the state of play WRT active loans, and they could go a long way in improving their security. Also, their API is somewhat on the incomplete site. However, the product as a whole is an okay one and it could be excellent with a few tweaks. I'd call it a high risk investment right now, but good returns if you spend time picking your borrowers carefully.

They've had some VC funding now, so I'm hoping this works out for them and it improves. I think it's suffered from one-developer-with-a-day-job syndrome until now. They also responded pretty quickly to the heartbleed issue. Admittedly, coins were stolen but as far as I hear it they are being returned. And they had *finally* enabled 2fa not long before, so that mitigated it.