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Use BTCJam and Lending Club. LC is amazing and I am happy with my returns. BTC seems like a scam as the reputation of borrowers means very little in their willingness to repay. I've seen many people build their reputation in order to borrow more and then bounce.

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snapclass - although this happened a lot in the past, we are now curating the platform much more and also our repayment rates are in the 85% area. If you diversify well and go for A/B rated borrowers you can definitely make very positive returns.

We are now doing around USD 1M per month, are growing the number of borrowers rapidly - which allows for more diversification and better returns (on average)

Hi flavio87 big fan of BTCJam here - have to agree, you guys are doing a much better job on filtering out people - the idea of having borrowers pose with their passport was great. 85% seems to fit my own observations so far, maybe close to 90% depending on your level of scrutiny. Keep up the great work!

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