This loan has technically expired. I would be ok with extending it, knowing that the collateral situation is reliable (and transparent), and if the interest rate is consistent with what was outlined at the start of this thread. At the end of last month Max did ask to extend this loan for another month, yet he only wanted to pay .01 BTC interest for the extended period which is a decrease in interest by 33%. The interest rate is already very low (about .1% a day), so I told him I couldn't accept that, and asked that he keep it at .015 BTC for the month. He hasn't responded to that message from over 4 days ago:
Hey would like to extend the loan again to 31st august with repayment amount of 0.49. I have already messaged darkstar to add additional collateral so you don't have to worry about it
Last two months you did .015 each, and now you want two months for .01?
Hey sorry for the misconception it is till 31st July i always get confused between June and July
Ok, then make the total repayment amount 0.495, and it is consistent with the interest you have given in the previous months (.015 BTC each).
Dealing with max has become quite frustrating and honestly I'd rather just be done with it at this point. DarkStar_, do you want to take over this loan for me? Seeing as you have the collateral, and he seems to be more communicative with you. The total amount he owes me (before July 1st) is 0.48, but I'll settle for 0.475 BTC, and you'll get the full month of July's interest, whatever interest rate you establish with him.
Thanks,
Hatcher