Risks
As any investment, lending money via MYC4 carries risk. In the past, a significant number of loans defaulted, making investments effectively donations. After major restructuring, it was hoped that losses will reduce. As a result of this, the first quarterly report released in 2012 showed a portfolio risk that was the lowest in two years. This shows a net return for investors of -0.1%.
Potential investors should carefully read the 'Risks' page of the MYC4 website.
The forum, where investors could discuss issues, was disabled in October 2010, being replaced with a blog by the organizers.
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