My final experience in BTCJam after almost a year, I've invested in 9 loans of A or A+ borrowers.
5 repaid.
4 defaulted.
Almost all of them have a D- or E rating by now.
This means a 44% of probability of your money to be gone once you invest it.
I started with 1 BTC for trying one year ago, now I have 0.1
I will not be posting any opinion or conclussion, this is just my data. Just for all you out there to make your choices.
invested 1btc too on guys with B+ mark and when they got their loan funded the mark went from B+ to E
They faked the identity process
All of their previous loans have been repaid but then they decided to scam people.
Turned out they run away with the $$ !!
On scammed investor of almost 10 000us$ the other one 2500us$
check it by yourself.
So far : BTCjam is not protecting investor at all !
be carefull when investing you are most likely to get scammed.
The two loans that made me lose 1 BTC
https://btcjam.com/listings/19486-loan-for-cloud-mininghttps://btcjam.com/listings/19849-rep-builder