BTCJam removes late fees & late payment penalties

Announcements | July 17, 2015 By:

BTCJam announced that they are waiving late fees & late payment penalties that are made within 48 hours of the due payment date.

“As we continue to monitor the situation with the Bitcoin Network, we know this has a real impact on our users. In order to help our borrowers deal with the delay in deposits and payments we have decided to make some adjustments,” said BTCJam.

The company said they will continue to monitor the situation and keep the users updated on the progress of the Bitcoin Network.

BTCjam is a peer-to-peer lending platform using Bitcoin.