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I don't see how that's a problem with the system. The investors fund the loans, so they decide what happens with the loans.
well, that's mean someone can make closed someone listing, just make investment and then vote for this is rep loan. that's mean sucks.
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Actually, yes! People have scammed for less.
0.0015 BTC default: https://bitlendingclub.com/loan/browse/lid/1047/small-amount-as-i-ve-come-up-short
0.0145 BTC default: https://bitlendingclub.com/loan/browse/lid/1972/investing
0.0015 BTC default: https://bitlendingclub.com/loan/browse/lid/1047/small-amount-as-i-ve-come-up-short
0.0145 BTC default: https://bitlendingclub.com/loan/browse/lid/1972/investing
there is no social account on that list, only stupid investor want to invest on that listing.
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I think you should discuss this with the investors. Nearly 80% of the loans on our system get funded, so there is certainly no problem with funding loans.
discuss of what ? no comment on my listing and that;s why no discuss. the last one my repaid loan is same, I give clearly on description that I need purchasing good.
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You're only allowed to have one reputation loan, so changing the loan type for incorrectly classified loans will open up a loophole in our system. A borrower could ask the investors to vote on the loan and make it reputation, thus getting around the limit of one reputation loan per user. The reputation is there to show that lenders have had good transactions with the borrower.
you clearly not understand my point, what I mean is, instead you delete the list, why not change category to reputation loan if investor really think this is rep loan. see
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Not really, you can't easily earn 200+ reputation on the platform, especially now that we have a 1 reputation loan limit. If you want to earn 200+ reputation you have to do it by repaying loans. And your claim is a bit contradictory: if it was so easy for scammers to get high reputation, then I'm not sure why you're having so much trouble.
really ? my previous repaid loan on BLC is not reputation loan, but I got 2 reputation point. I don't have problem at all on BLC as I newbie on this site, the problem is you deleted the listing suddenly without
warning, also I read the FAQ there is no explanation about this issue, that listing will be deleted automatically if investor think the listing is reputation loan.
don't compared scammer outside with honest members, I don't have trouble at all on BTC jam, you can check my profile at btcjam here : https://btcjam.com/users/24804
2 BTC repaid, and now funding in progress for 3 BTC almost 100%. my trouble with BLC because the BLC system is really amateurs. at least you need to discuss to your BLC members first
before you make improvement.