Microloan Test : Promissory Note : 2017-10-02 : @nomadics : 10SBD

in loan •  7 years ago  (edited)

Microloan Test : Promissory Note : 2017-10-02 : @nomadics : 10SBD

1. Borrower
@nomadics

2. Lender
@robert-call

3. Lump-Sum with Interest

In return for a loan Borrower has received from Lender, Borrower promises to pay to Lender the amount of 10 SBD (principal), plus .80 SBD (interest). For a total amount owed of 10.8 SBD.

4. Due Date

Borrower will repay the entire amount owed by 2017-10-10

5. Terminology

The term SBD refers to Steem Blockchain Dollars.

Borrower's Confirmation

@nomadics please confirm the agreement below in the comment section.

banker.png

The Banker's Private Room, Negotiating a Loan
John Callcott Horsley (1817–1903)

Photo credit: Royal Holloway, University of London

loan microloan
7 years ago by

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    • [-]
      ·  7 years ago 

    still making loans?

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    [-]
      ·  7 years ago (edited)

    Hi, just sent the final payment. Thank you!

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    [-]
      ·  7 years ago 

    Thanks.

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      [-]
        ·  7 years ago 

      Hi Robert,
      Just sent the interest. Sorry for the delay.
      Totaly forgot.
      Can you roll the contract?

      Regards

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      [-]
        ·  7 years ago (edited)

      Hi, just sent the interest 1 day earlier!
      Can you roll the contract on 2017-12-07?

      Best Regards

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      [-]
        ·  7 years ago (edited)

      Thanks.

      Due date is now 2017-12-17 and total amount due is 10.8 SBD.

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      [-]
        ·  7 years ago 

      Just sent the interest 1 day earlier!
      Can you roll the contract on 2017-11-27?

      Thanks for upvoting me last few days :)

      Best Regards

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      [-]
        ·  7 years ago 

      Good to go. No need to thank me. You have some neat videos.

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        [-]
          ·  7 years ago 

        Robert,
        with this crazy market I totally forgot.
        I will have cash in 20 hours.

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        [-]
          ·  7 years ago 

        Hi robert-call,
        again I sent the interest 3 days earlier!
        Can you roll the contract on 2017-10-28?
        If you do it I can reach 100 SP in 6 days :)

        Regards

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        [-]
          ·  7 years ago 

        Can do!

        Due date is now 2017-11-07 and total amount due is 10.8 SBD.

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          [-]
            ·  7 years ago 

          Thank you! The loan acelerate my account by orders of magnitude.

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            [-]
              ·  7 years ago 

            Signed!

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              2 votes
              [-]
                ·  7 years ago 

              Sent. Sorry for the delay.

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                [-]
                  ·  7 years ago 

                Thank you! See you here in 8 days or less.

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                  [-]
                    ·  7 years ago 

                  Hi @robert-call,

                  Just sent the interest 2 days earlier!
                  Can you roll the contract on 2017-11-17?

                  Best Regards

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                    [-]
                      ·  7 years ago 

                    You know the drill! Due date is now 2017-11-27 and total amount due is 10.8 SBD.

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                      [-]
                        ·  7 years ago 

                      :) Thank you.

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                        [-]
                          ·  7 years ago 

                        I'm just being curious => how do you handle counterparty risk? What happens if someone fails to meet the promise to pay back? Or you just add a certain premium for the default risk in the price?

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                          [-]
                            ·  7 years ago 

                          Dear @robert-call, thank you for trusting me!
                          I win a video contest and my video is on the front page of https://steemfollower.com/

                          so

                          I can repay early the entire amount today

                          or

                          I can go fully invest to grow my account, pay you the interest on Due Date and roll the contract for onother 8 days.

                          It is up to you. I am waiting for your decision.

                          Thank you!

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                            [-]
                              ·  7 years ago 

                            Sounds good to me. Due date is now 2017-10-18 and total amount due is 11.6 SBD.

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                              [-]
                                ·  7 years ago 

                              Thank you! I am going fully invested now. Next time we met I will be over 60 SP

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                                [-]
                                  ·  7 years ago 

                                Going all in. Steem on my friend!

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                                  [-]
                                    ·  7 years ago 

                                  It is me again.
                                  At the moment I can lease 200 SP for 4 weeks from minnowbooster for 5.333 steem
                                  Can I lease SP from you on better price?
                                  Regards

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                                    [-]
                                      ·  7 years ago 

                                    Yes, I will draft a contract and post it soon.

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                                      [-]
                                        ·  7 years ago 

                                      Hi robert-call,
                                      just sent the interest 3 days earlier!
                                      Can you roll the contract on 2017-10-18?
                                      I have free money now but I whant to grow more. I am already 60 SP :)

                                      Regards

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                                        [-]
                                          ·  7 years ago 

                                        Thanks. Yes we can do that. Due date is now 2017-10-28 and total amount due is 10.8 SBD.

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                                          [-]
                                            ·  7 years ago 

                                          Thank you!

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                                            [-]
                                              ·  7 years ago 

                                            loan can't sanction due to no graranter or mortgadge, it seems to going bad and loss.

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                                              [-]
                                                ·  7 years ago 

                                              Depends who is the borrower and who is the lender.

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                                                [-]
                                                  ·  7 years ago 

                                                Pretty cool : )

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                                                  [-]
                                                    ·  7 years ago 

                                                  Hi @robert-call,
                                                  Now I am over 100 SP Thank you!

                                                  Again I sent the interest 3 days earlier!
                                                  Can you roll the contract on 2017-11-07?

                                                  Best Regards

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                                                    [-]
                                                      ·  7 years ago 

                                                    Keep on Stackin! Due date is now 2017-11-17 and total amount due is 10.8 SBD.

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                                                      [-]
                                                        ·  7 years ago 

                                                      Thank you ! :)

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