Showing posts with label lending. Show all posts
Showing posts with label lending. Show all posts

Tuesday, July 18, 2017

WHAT IS BITBOND?

Bitbond is a peer to peer lending platform where you can be a lender or a borrower with a minimum investment of $5 to start wth as stated here.

Very attractive price to start investing with projected earning upto 13% with their bitcoin lending program. Sounds too good isn't it, aside the fact that they claim that all borrower's credit were checked by them.

In reality even after going through ID verification of some sort and other pertinent details, in terms of income and debts were not checked by these P2P lending companies as most complains from investors are these borrowers who turned "defaulted" when they stop paying.
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