Actually, there is no need to provide any "reason details". The only thing that you have to provide is valid collateral. Well, where is it?
P.S: Seems so strange that you are among those who talk only with
this guy and always have to be about a loan...
If I have a collateral that I can use to cover the reason, why would I even ask for a loan in the first place…
Its because I showed the person details about this. I am relying on the court case this is why I have stated 12 months as loan duration. The court case giving positive results is 80% but there is 20% fail rate that can happen, I cant predict the future. If it fails then I will be forced to breakdown the $15,000 over monthly payments until its covered. If you are asking me if its risky loan, yes there is a risk that I am not able to pay the amount within 12 months but will be made possible to pay it over longer period of time broken down on monthly payments.