Guide for Beginners... (ways to earn money online): CoinsPh

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How To Loan Bitcoins?

BEST PRACTICES FOR BORROWERS. Being a good borrower is not that easy. There are a lot of variables that define your personal credit worthiness. In this line of thought we recently launched our credit scoring model. Your score is like your financial reputation, and can give lenders an idea of how responsible and reliable you are with money. Having a low score indicates you are not responsible with credit or you are just new to the system and may be a risky bet for a lender (you may default on the loan or quit making payments). As a result, you’ll likely be hit with a higher interest rate. Having a high credit score provides a great reason for lenders to believe in your ability to handle your money and loans in your name. You’re likely to be granted a lower interest rate, since you are seen as likely to repay the loan.

Guide for Beginners... (ways to earn money online)

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