The Unparalleled Bank On Steemit : 200SBD loan contract to @michaelcj - 23/03/2018
The Unparalleled Bank on Steemit shall loan the sum of 200 SBD to @michaelcj
@michaelcj promises to pay 1.8SBD daily interest and repay 237.8 SBD at the end of 3weeks i.e on/before 8:50PM (CAT) of 13th April 2018.
@michaelcj promises to pay a weekly sum of 72.27SBD weekly i.e
72.27SBD 30/03/2018
72.27SBD 6/03/2018
72.27SBD and 13/03/2018.
To insure payment of this loan, @michaelcj promises to hand over his Master key to Bank On Steemit as collateral. The bank will give @michaelcj new active and posting keys.
@michaelcj affirms that the Master Key is given voluntarily and the account is not stolen. He promises not to initiate the stolen account recovery procedure.
Master key will be returned upon successful completion of loan terms.
Please sign below...
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Sustain the Steem Blockchain!
Imbibe in them the discipline of handling funds!
Wow, I didn't know you existed. More competition.
Edit:
Flagged, I believe this bank is a scam.
https://steemit.com/bank/@neoxian/beware-bank-on-steemit-bos-bankonsteemit
@neoxian. With no offense, it's a not a scam.. Don't forget Steem is a decentralized form of govt. It's noty first time I do business with them.. I can can defend them anytime any day
So you think it was ok for them to sneak the money from me to loan it to you at a higher interest rate. You are totally cool with that? Did you read my post?
https://steemit.com/bank/@neoxian/beware-bank-on-steemit-bos-bankonsteemit
After going through the link @neoxian above, I hereby Revoke my initial statement and apologize. I am also disappointed with the fact that @bankonsteemit can not defend theirselves.
I borrowed Sbd from them for a just course.
Signed
@michaelcj
Thank you.
We are glad to have your attention sir; BOS has really sought ways to initiate this raport without posing a threat. Welcome.
BOS Team.
Thanks. I @michaelcj accepts your terms and condition. Funds will be paid as specified above.
Signed
Wow, you probably could have got better deal from me. You know what happened. Someone just borrowed money from me...which got sent to this bank, which you then borrowed.