exclusively with digital currencies (bitcoin and sometimes Ethereum neither the borrower nor the lender needs a bank account to participate in a global loan market. You can already use the borrowed bitcoin in whatever ways you want. It is a US-based NGO; therefore, they dont charge any interest rates. They also display users credit rating.
Bitcoin loan without verification 2018
Additional Details About Bitcoin Loans, to ensure the borrowers creditworthiness, a ranking system was used by most bitcoin lending sites. Lending platforms dont require credit card checking, income proof or any other annoying documents the physical lending banks are requiring. This would not be possible in conventional banking which is slow and expensive. Btcpop offers a similar thing with their instant account feature. How to Get Instant Bitcoin Loans? There are quite a few bitcoin lending platforms online. The process of applying for a loan is pretty simple.