Neoxian bank loan paid!

in #neoxian • 5 years ago (edited)

A couple months back I needed some funds, being on the steem blockchain and had some dealings with the ultimate bank on the chain. I went ahead and pulled out a Crypto/USD loan borrowed in USD and paid back in USD.... well at the time it made sense looked like crypto would just keep going up. Turns out I paid a lot more in crypto than I did in USD, but that’s okay I took the risks was much as the Bank of Neoxian did.

Payments where set up as $1000 a month broken into two monthly payments of $500 keep in mind borrowed in USD. I used my Whaleshares account as collateral which at the time was an acceptable risk valued close to $5000. Many things occurred as one would think considering Murphy’s law.

Long story short, today was the day I paid off the loan! And I am crypto debt free. Now that it’s paid off I will continue to consider those payments to be crypto bills.

I would like to thank @neoxian for the loan and for sticking with me and letting me fully pay this off considering the mishap.

Now who wants cheap WLS???

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#steemleo #palnet #steem #steemit #loan #crypto
5 years ago in #neoxian by
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     5 years ago 

    I don't think that anyone here wants WLS haha, but good on you for actually paying back someone who loaned you crypto/USD! @virtualgrowth could take a lesson from you.

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    • Past Payouts $0.04, 0.00 TRX
    • - Author $0.02, 0.00 TRX
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     5 years ago (edited)

    Hey man thanks for stopping by, damn I read your post last night bummer.

    I really hope he does pay you back especially because you did it in good faith. The amount lent was 3X as much as @virtualgrowth. I had to ask for some term rewrites, as long as I had communication something could be worked out. So there has to be a very good explanation but at the same time if he is opening and reading the messages might be premeditated from the start, of true than that is a blow.

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       5 years ago 

      Thanks for using eSteem!
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         5 years ago 

        Very nice! I didnt know there was a loan option here.. 😊

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