Hey guys, first of all I am not sure if this topic is suited to be posted in here.
Now here is my problem. Recently I lend someone and the loan term was supposed to be onl for a couple of hours. 24 hours had already passed and yet bo response from the borrower. I did wt hold of his account as collateral but still I was expecting a response fro his temporary account. Now should I already consider it as a loan default if he fails to communicate and pay within the terms?
I know you guys provably already know which account I was referring to so please don't leave the account any feedback as it was given as a collateral an it would be my loss if the account got any kinds of bad feedback.
The first thing is did you got signed message from the account , if it is their then you can do that you just send him the pm and give him the 12 hrs time to clear the loan if not you are going to sell that account to clear your debts , even if he is not responding you can go through the process. Here you can give the details of the account and the signed message which he gave you on taking loan,