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Author Topic: 12 Month Loan from Tradefortress (For The Record)  (Read 1797 times)
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January 13, 2013, 05:15:55 PM
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I have just received a $500 loan with an APR of 29% from TradeFortress.

Monthly repayments are $53.75 due on the 15th of each month - starting 15th Feb 2013 @ mtgox 24h average on the due date.
If I wish to repay early as discussed with TradeFortress I will pay $45.83 not $53.75 if I make an extra months payment (or more) in advance.

For all the trolls out there who seem to frequent my loan threads and say "another loan from Projects!" I have paid off more in the last week from current debts than this loan - I am tackling debts in order of interest and this is a big help since it is a good interest rate / flexible terms (for a non bank/cc loan). I have never defaulted on any loans on this forum (or anywhere else for that matter) and I have conducted a lot of business and never had one complaint. I am a businessman with a real business and pride myself with honesty and integrity. My loans are used to purchase inventory for my business and in turn once the profits come from my business I am agressively paying down debt.

So here we go -


15th Feb 2013 - $53.75 PAID
15th Mar 2013 - $53.75 PAID
15th Apr 2013 - $53.75 PAID
15th May 2013 - $53.75 PAID
15th Jun 2013 - $53.75 PAID
15th July 2013 - $53.75 PAID
15th Aug 2013 - $53.75 PAID
15th Sept 2013 - $53.75 PAID
15th Oct 2013 - $53.75 PAID
15th Nov 2013 - $53.75 PAID
15th Dec 2013 - $53.75 PAID
15th Jan 2014 - $53.75 PAID

Thank you for this TradeFortress it is much appreciated.

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TradeFortress
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January 14, 2013, 05:07:44 AM
 #2

I have just received a $500 loan with an APR of 29% from TradeFortress.

Monthly repayments are $53.75 due on the 15th of each month - starting 15th Feb 2013 @ mtgox 24h average on the due date.
If I wish to repay early as discussed with TradeFortress I will pay $45.83 not $53.75 if I make an extra months payment (or more) in advance.

For all the trolls out there who seem to frequent my loan threads and say "another loan from Projects!" I have paid off more in the last week from current debts than this loan - I am tackling debts in order of interest and this is a big help since it is a good interest rate / flexible terms (for a non bank/cc loan). I have never defaulted on any loans on this forum (or anywhere else for that matter) and I have conducted a lot of business and never had one complaint. I am a businessman with a real business and pride myself with honesty and integrity. My loans are used to purchase inventory for my business and in turn once the profits come from my business I am agressively paying down debt.

So here we go -


15th Feb 2013 - $53.75
15th Mar 2013 - $53.75
15th Apr 2013 - $53.75
15th May 2013 - $53.75
15th Jun 2013 - $53.75
15th July 2013 - $53.75
15th Aug 2013 - $53.75
15th Sept 2013 - $53.75
15th Oct 2013 - $53.75
15th Nov 2013 - $53.75
15th Dec 2013 - $53.75
15th Jan 2014 - $53.75

Thank you for this TradeFortress it is much appreciated.

Confirmed, thanks!
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January 17, 2013, 09:36:26 PM
 #3

Repayment 1 sent early - I always like to try to be ahead with my payments and agressively repay them wherever I can with profits from the loan.

Mtgox average = 15.06
$52.75 / $15.06 = 3.5690


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January 17, 2013, 09:50:41 PM
 #4

Realised I had short changed you by a dollar lol so I have sent a further repayment of $1 + $45.83 to clear an extra month - so deleted the last months repayment.
Updated first post to reflect this.

$46.83
Mtgox average = $15.07
$46.83 / $15.07 = 3.10749

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January 18, 2013, 01:06:45 AM
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Thanks for repaying early! I confirm both of them
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January 26, 2013, 11:12:23 PM
 #6

Repaid another month off the loan @ mtgox average 17.07

$46.83 / 17.07 = 2.7434

Updated first post

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January 27, 2013, 12:19:44 PM
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Repaid another month off the loan @ mtgox average 17.07

$46.83 / 17.07 = 2.7434

Updated first post

Confirmed
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February 20, 2013, 02:21:56 PM
 #8

Paid 15th March repayment

$53.75 / mtgox average of $29.16 = 1.84

TX Id d66cc49ccebc30adc68b836b6699f8aa3cf19852e94fcafdef2ca9a8d8a76b6c

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February 21, 2013, 05:58:48 AM
 #9

Paid 15th March repayment

$53.75 / mtgox average of $29.16 = 1.84

TX Id d66cc49ccebc30adc68b836b6699f8aa3cf19852e94fcafdef2ca9a8d8a76b6c

Confirmed, thanks Smiley
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March 20, 2013, 10:18:24 AM
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The bitcoin rally is working out great for me Roll Eyes
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March 20, 2013, 11:05:51 AM
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The bitcoin rally is working out great for me Roll Eyes

Doesnt really affect you as much - the loan was given in USD @ Paypal .. wasnt like you lent Bitcoins and I am giving back a third of what you lent Smiley
I however on the other hand still have a few BTC debts which I need to get rid of ASAP because the really REALLY is working out great for me Roll Eyes

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April 07, 2013, 06:00:17 PM
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Paid Aprils repayment via mtgox usd code

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April 07, 2013, 11:48:18 PM
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Thanks, confirmed!
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April 29, 2013, 08:41:24 AM
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15th May repayment sent

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April 29, 2013, 11:43:38 AM
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Thank you for another prompt repayment.
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May 08, 2013, 11:59:10 PM
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I have just sent TradeFortress an early settlement and repaid this loan in full.
Thanks once more for the loan.

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May 09, 2013, 12:00:06 AM
 #17

Confirmed, thank you!
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