Accused Username: blackceasorComplaint: Loan scam and breach of contract. On 27 Dec 2015 I loaned them 20k, 28k was to be paid back by 3 Jan 2016. User is 41 days late and the contract envisages a 7%/day late fee over the amount to be paid back (therefore 1960/day). The total amount owed as of today would be slightly over 108k. I understand this is a pretty high amount, I didn't foresee such a huge delay when I made the contract. I don't know whether there are any restrictions on late fees, it's not very clear and it seems there's a debate going on over this matter.Evidence: Additional Information:
Thank you for filing this complaint. We do not enforce un-capped late fees (late fees that don't have a date when they end). @blackceasor can you please explain why this money has not been paid off or provide evidence it has? User given 24 hours to respond
As it has been way more than 24 hours I will be banning this user for loan scamming. Locked - User Banned