Ok, devthedev has the collateral in his possession. I've just sent the 1 Bitcoin: https://blockchain.info/tx/b63a0a4459d776371868d05e1094854c11cfd0bccb3c3e58838eec73b638e9ac

Loan amount: 1 Bitcoin.
Loan Duration: 1 month (Payment due 22^nd of March, 2015
Interest: 10%, additional 5% after each week if late.
Collateral: GBattaglia account.
GBattaglia receiving address: 13i7exDUG7fUTnmv5Z2WyHKV24Eo97wwvg
Welsh's return address: 1Cqw4Zix3cRLGqQr5T1cCD5RzgUSCLYUnS

I don't believe there will be any problems, I wasn't interested in the account itself, but I wanted some sort of leverage. The account is probably worth a little more to him personally than any other person. At least that's the plan. Certainly more than 1 Bitcoin to him.