Quote from: Kluge on February 10, 2012, 05:05:53 AM

Quote from: kujoking7 on February 10, 2012, 04:59:56 AM

P.S. I know my IP is not with you so please stop playing it's not scaring me I'm repaying because I want to pay this back so I can clean my conscience and get sleep and try to say sorry to all the people I basically scammed out of their money. Something has to be done in the lending section allowing lenders to have security. Examples: giving the lender their address, ID, email, social networking, phone number. If the person asking for a loan is unwilling to do all of that than they shouldn't be trusted for a loan in the first place. It was far to easy for me to scam this community. I messed up and have some bad issues I'm seeing. I'm sorry, and my condolences go to those who have been waiting. Repayment is incoming and your patience is highly appreciated.

I've had an idea for a while where the lender sends the lendee a code written on paper in the mail. The lendee then types that code out to the lender. This confirms the address (or confirms he's around there, or that someone connected to the lendee lives there). Combined with request for ID or a utility bill showing the lendee lives there sounds like a fair way to prevent large loans lost to fraud.

But, this eliminates the loan market for those seeking a cover for Bank-Dwolla transfers, which, at least for me, accounts for many of the transfers. .... Requesting social networking information, though, is interesting... but someone as committed as yourself would probably not have much trouble faking that, either.

My general stance on identification is that I don't have the time or resources to chase you if you steal my money, even if I know who you are with certainty, so instead of using identity as "collateral" if things go sour, I'm just extremely selective about who I lend to.