Well, the lenders he defaulted on gave him this chance. Just let him do it. I bet the lenders did this because they rather have the btc than have someone get red (what's the benefit of having someone get red anyway? It's just a stupid trust system right? In the end, a red trust = no lender gets paid.
As one of the
lenders LYE has defaulted on, Lone Shark is correct.
At any moment, I would rather have my Bitcoins in my wallet than some random person on the internet have a red status on their trust profile. Of course I do not believe it should be forgotten, but at least it should be changed to neutral. If he wants to show he is not a defaulter, he should go for it.
If LetYouEarn wants to repay the loan to me, I will be asking for the same 0.2 BTC that we agreed upon earlier in the year. However, I will be adding 0.001 BTC as another late fee.
If LetYouEarn wants an escrow address, I will be open to provide one. However, if the other lenders do not agree on me as an escrow, they can choose for themselves. As long as the escrow is a little known, they are fine with me.