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Author Topic: Borrowing £60, Already Agreed On Deal In Private. Posting here for transparency.  (Read 129 times)
DrMatrix
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November 04, 2017, 03:49:33 PM
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Hello,

I was communicating with the user Parodium about a £60 PayPal loan in private, and i thought it was a good idea for us both to agree and have it wrote down here for transparency.

Parodium will post below the terms he listed to me in private and then i will respond with 'agreed' here in this thread as well, to acknowledge said terms.

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Parodium
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November 04, 2017, 03:54:36 PM
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I have agreed to loan this user £60 via Paypal for a period of up to 21 days at a fee of £5 per week, or fractional fee for as per the calculation of fee = £n*(5/7) to be added on top of the original loan amount.

DrMatrix has offered collateral, but this is not necessary due to certain security measures provided by Paypal.


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November 04, 2017, 03:58:42 PM
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I agree that this loan will be paid a maximum of 21 days from now (25th November 2017) and to the terms Parodium stated above. If I take the full 21 days to pay then the total amount due would be £75 plus any sending fees.

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