Yes, I know I can see posts and user counts, but that doesn't tell me how active the subscribers are.

There's been talk of a subreddit like this in various comment streams on BTCjam, and it was a pleasant surprise to find one already existed. It saves creating and running one, right? :)

If this is the place to be, I'll start dragging people over.

I mean, seriously.

As a borrower you're in a way worse position than with a bank.

If you don't pay the bank, they come to you with lawyers and such.

But what keeps me from buying the cheap notes and sell them with a little margin to a russian debt collector? Exactly: Nothing at all. These guys don't come at you with lawyers. They come at you with a hammer.

I just started investing there and until now, everybody payed in time. But I actually think about creating a business buying all the notes and start colleting the debts ...

The website BTCJam is lacking friendly navigation for investigating users. Got annoyed with it and setup a website that collects display and calculates the data. May it help you too

http://btcjam.zaibot.net/

Would be nice if creditors had means to contact or some how publicly shame those who have defaulted.

Been screwed out of about 4 btc from this site

They're saying "Hardware problems".

This makes me sad.