Quote from: LoyceV on November 24, 2017, 07:51:03 AM

Quote from: FrilledShark on November 23, 2017, 05:47:30 PM

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.

On April 15 that 0.2BTC was worth $238.08. The 0.201BTC is worth $1648.25 now. That's 6.9 times more! Now look at average salaries in India: 2-35$/day. Letyouearn has "educational expenses", so I assume he's a student, that puts him at best in the lower range.
He may be able to pay this back if he works a full year for it, and there's also other debts.

I don't think it's realistic to believe he's able to pay it back from real work, that's why he needs a signature campaign. But his post history is too bad to be accepted in any well-paying campaign.

All my loans are valued in Bitcoins. And I am not adding any additional rates expect from the 0.001 BTC.

The loan could have been repaid at the repayment date, however it was not. If he would have asked me (at the start of the loan) to value the loan in USD, I could have done that.
He didn't.