I like that you signed a message using an address that has some bitcoin in it, even if it is a small amount. You're only offering small loans so, that's not a big deal.
But, you seem to only offer collateral loans which brings up the question: Who's holding the collateral?
The do offer non collateral
- Higher rates (10%) apply to loans without collateral, reserved for highly trusted users.
And
- Escrow can be requested by the borrower, but costs are their responsibility. A dedicated escrow system will be introduced soon.
Not putting words in their mouth but sound like the person borrowing would choose the person to hold the collateral but their fees have to be paid by the person borrowing the money.
The issue with that is since they are starting with small loans only (max $100) even paying the person doing the escrow $5 is really just adding 5% onto the loan.
Decent rates, but I can see the low limit being an issue.
-Dave
Ah, yes, I must have missed both of those. Not the worst offer I've seen here, and it seems well put together. I wish the OP lots of luck.