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Author Topic: 6 Bitcoin Loan  (Read 825 times)
mjester93
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January 17, 2013, 02:37:22 AM
 #1

I am receiving a 6 Bitcoin loan from TradeFortress.

Quote
How is interest charged?
Interest is charged 7 days after the loan is issued, on your outstanding balance.
If you have a silver account, the rate is charged when the loan is issued too.

If you pay back all the coins before 7 days, you'll pay no interest assuming you have a gold or platinum account.

The more coins you pay, the less interest you'll have to pay.

Min repayment & late fees?
You must pay the minimum repayment each week (defined as periods of 7 days after the loan is issued).
You get a 24 hour grace period after it is due, where no late fees will apply.
If you still don't pay at least the min repayment, you pay 0.1 BTC + 5% of your outstanding balance as late fees for that week.

If you ever are late three times, and we haven't worked something out before, time to post your info on Scammer Accusations.

I'm interested
Cool! Send me a PM with how much coins you want, why you want it, and your current debt if any. I'll contact you with my email address so you can send verification info.

2.1348%
Effective weekly rate
0.86
Min weekly repayment

My bitcoin address is 18AhTt9bYcNdZYvxLiugjiF3oMHYr1SwzF
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TradeFortress
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January 17, 2013, 02:51:17 AM
 #2

I am receiving a 6 Bitcoin loan from TradeFortress.

Quote
How is interest charged?
Interest is charged 7 days after the loan is issued, on your outstanding balance.
If you have a silver account, the rate is charged when the loan is issued too.

If you pay back all the coins before 7 days, you'll pay no interest assuming you have a gold or platinum account.

The more coins you pay, the less interest you'll have to pay.

Min repayment & late fees?
You must pay the minimum repayment each week (defined as periods of 7 days after the loan is issued).
You get a 24 hour grace period after it is due, where no late fees will apply.
If you still don't pay at least the min repayment, you pay 0.1 BTC + 5% of your outstanding balance as late fees for that week.

If you ever are late three times, and we haven't worked something out before, time to post your info on Scammer Accusations.

I'm interested
Cool! Send me a PM with how much coins you want, why you want it, and your current debt if any. I'll contact you with my email address so you can send verification info.

2.1348%
Effective weekly rate
0.86
Min weekly repayment

My bitcoin address is 18AhTt9bYcNdZYvxLiugjiF3oMHYr1SwzF

Sent 6 BTC https://blockchain.info/tx/42f10ee1fa4073a34415f5ff8fabd5996a1cfbf38a72f65bc7ac163f466db2d0
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January 18, 2013, 01:08:00 AM
 #3

1.128 btc received, thank you!
marketersales
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January 18, 2013, 10:59:15 AM
 #4

Looks like he is legit.
mjester93
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January 22, 2013, 04:11:49 AM
 #5

Paid another 1 BTC: https://blockchain.info/tx/648e21db6ab6d73bfbf6ea8726f97aca66169a2641e2e8d334cda59032600374
TradeFortress
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January 22, 2013, 05:44:19 AM
 #6

Confirmed payment of 1 bitcoin - thank you!

Current outstanding balance: 4 btc
mjester93
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January 26, 2013, 11:47:45 PM
 #7

Sent 1.0854 BTC: https://blockchain.info/tx/ec7bcf1cf6f4ef09ce8062bce96c897f58c9b972f565f1acb4eb0dcf5c714695
TradeFortress
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January 27, 2013, 12:12:29 AM
 #8

Confirmed, thank you!

Current outstanding balance: 3 btc Smiley
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