Loan Amount:.63
Reason for Taking out a Loan:Trading
Amount to be repaid:.693
Repayment Date:07.10.17
Type of Collateral:9999.99CVC
Bitcoin Address: 186RTTtFFS9wqWV2392sU7wArdxrbhKFtY
ok same rules as previous loan, please send collateral to the same address 0x33577689813b54b265341189604d3ffd006ed996
Can u pls affix a signed message with the above mentioned address and terms.
Thanks.
-----BEGIN PGP SIGNED MESSAGE-----
Hash: SHA512
This is zazarb from bitcointalk. Today is 6th. Sept. 2017
I will fund rsarkar a loan request:
Loan Amount:0.63BTC
Reason for Taking out a Loan:Localbitcoins trading
Amount to be repaid:0.693BTC
Repayment Date:7th Oct 2017
Type of Collateral: 10000 CVC
Bitcoin Address: 186RTTtFFS9wqWV2392sU7wArdxrbhKFtY
Address to send CVC 0x33577689813b54b265341189604d3ffd006ed996
The terms of the loan:
In the event that the value of the collateral falls below 110% of the principle then I would have the right (but not obligation) to sell the collateral at the best available price, as quickly as possible. (After gives a chance add additional collateral)
In the case that I am not able to sell the collateral for an amount enough to cover the principle plus interest then rsarkar would owe me the difference
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