Is that correct?
It might be I have not counted total. I have added all according to our discussion.
Even though this was agreed upon, and even though he's very late paying back, I don't think it's reasonable to expect another $3800 for the initial $240 loan.
First of all I dislike extension. Those who have asked extension or took loan from multiple person defaulted loan (it happens atleast 40% time to me). The borrower took loan about 2 years ago. And all time extension fees offered by him. According to his/her offer the loan amount is many more than I mentioned. first time when the borrower stopped communication the due amount was about 0.09
BTC or something like that. After few months s/he contact back with me and gave another two months where repayment should be 0.05
BTC. So, the amount is too low than this borrower wanted to pay also took several months extension free. On that 0.05
BTC s/he paid partial on several extension. And stopped communication while due was 0.015
BTC+extension fee until then.
240$>3800$ didn't understand. I think you mean 0.025=240$. I cant remember how much the price on that time. And the repayment happened while price was low s/he never paid 3800$. If you count 0.076
BTC then repayment happened about 3 times of innitial loan amount. But if the person didn't take loan from me or not asked extension from me then I may make many more than that amount. It is not a fact which I could or couldn't, the fact is that s/he defaulted loan by not repaying as well as stopping communication.
Note: I usually do not make any offer, I took offer from borrower. So, it is not my fault if the person offer more and then blame me.
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