Re: Random thought — can a “loan shark” style lender work here in the forum?
by on 02/12/2025, 09:33:36 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.
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.
I don't think it will work here since lots of people can avoid or default their loans and lender will be sorry with those things done by people. Look at the lending board for sure that there are people borrowing money and runaway. For sure there are several people out there got addicted in gambling then borrow money then run with their obligations.
Only few lenders out here established their business well. If they don't have deep pocket for sure that they will get bankrupt if it happens that most of there lenders runaway. So maybe better for them to think about other business and don't ride with the risk then think about they can get sure profits by becoming a loan shark of this forum.