Re: Random thought — can a “loan shark” style lender work here in the forum?
by on 02/12/2025, 06:25:00 UTC
I know we have lenders around here, and shasan is the most active one I see. So I started thinking… what if there was a lender who works kinda like a casino loan shark? Someone you can borrow from quickly whenever you need money, no long process, but probably with a high interest rate to balance the risk.
Do you guys think that could even work here? Or is it pointless because of the anonymity and the huge risk for the lender?
curious if anyone sees this as an opportunity or something that would just crash instantly.
A casino style loan shark setup would fall apart fast because, unlike typical forum loans transactions that rely on collateral, reputation, or verifiable history, this model removes all safeguards and in an anonymous environment that means unenforceable debts, sky high default rates, and a system that would be instantly overrun by borrowers who can vanish without consequence, making it a guaranteed a negative experiment for any lender. Well I doubt anyone would try here. Do you guys think that could even work here? Or is it pointless because of the anonymity and the huge risk for the lender?
curious if anyone sees this as an opportunity or something that would just crash instantly.