The Caribbean Bank of Neoxian

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The Bank of Neoxian shall loan the sum of 3800 usd to @rehan12. He promises to repay 4200 usd. He shall pay 550 usd per month until 4200 usd is paid. First payment shall be May 26th, 2021.

Bank shall loan in Eth. Client shall repay using some major crypto the Bank accepts (including BTC, ETH, Hive)

Coingecko shall be used to determine prices.

Also, client agrees to cover any transaction fee cost.

@rehan12 shall hereafter be known as the lendee…
To insure payment of this loan, the lendee promises to hand over their Owner key(s) to the bank. The bank will give back new active and posting keys to the lendee. The lendee affirms that the owner key(s) are given voluntarily and their account(s) are not stolen. They promise not to initiate the Stolen account recovery procedure.
The lendee agrees that if the Bank decides to change the active key(s) and keep them private, this does not constitute of breach of contract.
Lendee also consents to Bank changing the trustee if the Bank so chooses.
The Lendee promises not to power down the account(s) to the point where the collateral would be less than the owed value, or if it is necessary to powerdown to pay the loan, then the full powerdown should go to the bank.
The Lendee agrees this contract remains valid regardless of any flags this contract post might receive.
Owner key(s) will be returned upon successful completion of loan.

Please sign below...


(pic from wallpapercave.com)

Posted via neoxian.city | The City of Neoxian



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12 comments
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Read and signed

Posted via neoxian.city | The City of Neoxian

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The Bank of Neoxian shall loan the sum of 3800 usd to @rehan12.

That is a little bit more than my annual pension-like income, which is approximately $3000 USD (approximately $250 USD per month). Just saying.

By the way, congratulations. Have some !PIZZA.

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Wow. Awesome job everyone. May you both profit and succeed.

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Congrats Rehan.

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Nice deal! Love to see the loans on platform. Non traditional finance empowers everyone.

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