[Filled] 13 B Loan

I am lending 13 B to Niklas Gemund. I am holding appropriate collateral, which has been contracted back to him for 13.4 B (including about 3% interest). This amount will increase to 13.8 B on 2019-10-04, and to 14.2 B on 2019-11-04. The loan expires on 2019-12-04.

Why did you feel the need to post this here?

In the interest of transparency, and to keep track of the loan and conditions.

I was under the impression that such posts are welcome here. But if you think there’s a better place for them, let me know.

Rex just gets bored sometimes and hits like 5 posts in a row. No harm in putting your public loans up on here for documentation purposes in the event you wish to continue the supposed rep grind we have on here.

Transparency for who?

The collateral was collected, so therefore there is almost no risk to you even if the person who asked for the loan cant repay, and the person who gave you the collateral also received his ISK already. Unless you were scammed, there is no need for anyone else to know about what happened.

True.

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The loan has been paid back in full.

@Niklas_Gemund Thank you for your business!