Post
Topic
Board Beginners & Help
Re: Start a lending business
by
bangjoe
on 25/05/2023, 18:24:24 UTC
I would like to become a lender like others on this forum, but as you can see from my account, I don't have the necessary credibility to operate like others.
I have the capital to lend, but it is normal that with such a low-level account, those wanting loans are worried about the collateral scam.
Are there any other ways to get started?

Do you think I can act as a lender by leaning on another user who escrow and who holds the collateral?


Any suggestion to start this business is very welcome.
Thank you
In the case of the lending business to give trust to other people, especially about money and in global forums where anonymity is very high, in terms of lending, you need collateral that can be calculated as valuable, otherwise you will find it very difficult to close scammers on your services. In the case of lending you also have to take into account the benefits you take and consider whether people want to borrow from you at the percentage of interest you take from the loan service, as a businessman you have to consider your own security, then you consider your customers to be interested, reputation must be built, at least you have a good reputation from forum members or DT.
I think if you take it seriously, and carry out your activities on the forum properly your reputation will increase.