Post
Topic
Board Lending
Re: Appeal to my all lenders.
by
LoyceV
on 24/11/2017, 07:51:03 UTC
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.