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BTCjam reviews

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Rated Average • 3.14/5

BTCjam reviews

Unverified business

Review summary

People rate this company as Average based on 7 product reviews

Average score of 3.14/5
5 star
43%
4 star
0%
3 star
14%
2 star
14%
1 star
29%

Latest positive rating

5/5

This is the Internet business, the easiest and real money daily increasing Percentages of my money

This is the Internet business, the easiest and real money daily increasing Percentages of my money

{"display":"Abeli Gabrichidze","full_name":"Abeli Gabrichidze","avatar":{"url":"\/assets\/uploads\/avatars\/users\/4406.png"}}'s avatar

Latest negative rating

1/5

No customer service - suspicious behavior

- Site would not let me update personal information when my situation changed - I could prove the change, but they rejected it. Their refusal... - Site would not let me update personal information when my situation changed - I could prove the change, but they rejected it. Their refusal to update my information resulted in me having a lower credit rating - which increases the interest rate I would have to pay. - Site credit rating algorithm results in inconsistent credit ratings, and inconsistent risk measurements. - Site blocks my actions when I am in the United States and asks me to re-submit my credentials to prove I am not American (I have been a verified non-American user for a few years). - Site actively obstructs efforts to collect funds from defaulted borrowers. - Site refuses to close my account and destroy my personal information - saying they "can not" close the account at this time. THIS IS EXTREMELY IRREGULAR AND SUSPICIOUS BEHAVIOR - WARNING - DO YOU WANT A BRAZILIAN WEBSITE TO HAVE COPIES OF ALL YOUR PERSONAL DOCUMENTS IN PERPETUITY??? Read more Read less

{"display":"Mike Wismer","full_name":"Mike Wismer","avatar":{"url":"\/assets\/images\/default_new.png"}}'s avatar
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About BTCjam

BTCjam reviews can help you to find out more about this company. BTCjam is a marketplace where people from around the world connect to borrow and lending using Bitcoin. If you're part of the marketplace, leave a BTCjam review today. Together we can help to increase trust and transparency in financial services.

Reviews for BTCjam

Showing 7 of 7 company reviews

No customer service - suspicious behavior

P2P Bitcoin • 29th May 2016

- Site would not let me update personal information when my situation changed - I could prove the change, but they rejected it. Their refusal... - Site would not let me update personal information when my situation changed - I could prove the change, but they rejected it. Their refusal to update my information resulted in me having a lower credit rating - which increases the interest rate I would have to pay. - Site credit rating algorithm results in inconsistent credit ratings, and inconsistent risk measurements. - Site blocks my actions when I am in the United States and asks me to re-submit my credentials to prove I am not American (I have been a verified non-American user for a few years). - Site actively obstructs efforts to collect funds from defaulted borrowers. - Site refuses to close my account and destroy my personal information - saying they "can not" close the account at this time. THIS IS EXTREMELY IRREGULAR AND SUSPICIOUS BEHAVIOR - WARNING - DO YOU WANT A BRAZILIAN WEBSITE TO HAVE COPIES OF ALL YOUR PERSONAL DOCUMENTS IN PERPETUITY??? Read more Read less

{"display":"Mike Wismer","full_name":"Mike Wismer","avatar":{"url":"\/assets\/images\/default_new.png"}}'s avatar
Rated Terrible • 1/5
Read more product reviews

BTCjam has zero comms with borrowers and investors. A swish system but they don't really have the risk management to back up thier algorythym. Fixed interest rates and really restrictive communications policy.

P2P Bitcoin • 18th May 2016

Swish platform, but really I decided to leave when they cut off the entire US market, and had thier database used unlawfully by thier collections... Swish platform, but really I decided to leave when they cut off the entire US market, and had thier database used unlawfully by thier collections partner. Thier subsequent communications were not up the standard of a company that I would invest substantial funds into. Read more Read less

{"display":"Lerizzle McNizzle","full_name":"Lerizzle McNizzle","avatar":{"url":"\/assets\/images\/default_new.png"}}'s avatar
Rated Average • 3/5
Read more product reviews
  • 2/5

    Poor customer service, limited geographic footprint tells me this one is on its way out.

    I started out in the P2P lending scene with Jam ans was really impressed at first. Mid-stream though they stopped allowing US Users to join,... I started out in the P2P lending scene with Jam ans was really impressed at first. Mid-stream though they stopped allowing US Users to join, take out loans or invest. I had over 100 investments at this stage and slowly started to watch all US users with existing loans start to run...BTCJam has done nothing to help mitigate these extreme losses as a result of their decision. I, as well many other users I am in contact with, will be lucky to break-even on our investments. Stay away from this lending site and research the other ones very carefully before investing. Read more Read less

    {"display":"Andrew","full_name":"Andrew","avatar":{"url":"\/assets\/images\/default_new.png"}}'s avatar
    P2P Bitcoin
    Andrew 16th May 2016
  • 5/5

    This is the Internet business, the easiest and real money daily increasing Percentages of my money

    This is the Internet business, the easiest and real money daily increasing Percentages of my money

    {"display":"Abeli Gabrichidze","full_name":"Abeli Gabrichidze","avatar":{"url":"\/assets\/uploads\/avatars\/users\/4406.png"}}'s avatar
  • 5/5

    Great platform!!

    Cant fault BTCJAM. They have auto-investment which means my listings get funded pretty much immediately... They stick to their laurels. Other P2P lending sites have... Cant fault BTCJAM. They have auto-investment which means my listings get funded pretty much immediately... They stick to their laurels. Other P2P lending sites have their faults but BTCJAM has a decent system of doing things. Read more Read less

    {"display":"Dominic Quick","full_name":"Dominic Quick","avatar":{"url":"\/assets\/uploads\/avatars\/users\/3919.png"}}'s avatar
  • 5/5

    Highly dependable P2P Bitcoin Lending platform.

    I was in need of a loan for bitcoin trading and I got it after a thorough documents and profile evaluation. Very dependable.

    {"display":"Osimar Medeiros","full_name":"Osimar Medeiros","avatar":{"url":"\/assets\/images\/default_new.png"}}'s avatar
  • 1/5

    No USA allowed yet located in the USA. Suspicious.

    This site has recently banned all USA members from anything except paying existing loans off and withdrawing money. The note on the page saying it's... This site has recently banned all USA members from anything except paying existing loans off and withdrawing money. The note on the page saying it's a "focus on serving emerging markets" is a lie according to customer support. The real reason is "unclear legal standings" of bitcoins and "unclear jurisdiction of the blockchain" in the USA. The problem is that as BTCjam is located in the USA they are still under all USA laws even without USA users being allowed. This is super fishy. What are they trying to do? Exploit loopholes? Move things offshore? Bitcoin laundering? Either way it doesn't look like a safe place to put money any more. Read more Read less

    {"display":"Red Black","full_name":"Red Black","avatar":{"url":"\/assets\/images\/default_new.png"}}'s avatar
    P2P Bitcoin
    Red Black 30th April 2016
    BTCjam are low on reviews. Used one of their products? Why not write a review.
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