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zigx · 08-06-2006, 02:23 PM

it is a little fragile feeling but here are a few good points:

You can select a collection agency and use them if your borrower goes bad on a payment. they of course charge a fee
There is a credit score along with other items such as "owns a house" , etc that u can use to judge people
The minimum bid is $50 bucks.... so if you get a guy who seems really high risk u can put a few bucsk on him @ a high int rate and then a few more bucks on a guy with great credit and history -- that way u kinda diversify the risk.

Im going to try it out a little bit and maybe start with 1k.

08-06-2006, 02:23 PM
zigx Confirmed User Join Date: Sep 2003 Location: Burlingame CA Posts: 1,430	it is a little fragile feeling but here are a few good points: You can select a collection agency and use them if your borrower goes bad on a payment. they of course charge a fee There is a credit score along with other items such as "owns a house" , etc that u can use to judge people The minimum bid is $50 bucks.... so if you get a guy who seems really high risk u can put a few bucsk on him @ a high int rate and then a few more bucks on a guy with great credit and history -- that way u kinda diversify the risk. Im going to try it out a little bit and maybe start with 1k. __________________ _,.:'`- Club JK . com --> 60% payouts RSS, Hosteds, POTD, Your Mother, etc... CCBill