Good Day XXX,
I have prepared my loan terms of $750,000.00usd and repayment of 5 years, kindly let me know if you have agreed to my loan terms and repayment
*LOAN TERMS AND REPAYMENT SCHEDULE*
The loan repayment is based on a monthly basis which consists of the loan capital and Interest rate together. Like it's written, the loan duration period is for 5 years. So find the interest rate and payment schedule below:
*LOAN REPAYMENT CALCULATIONS*
Loan Balance:.................$750,000.00
Loan Interest Rate:...........3%
Loan Term:....................5 years
Monthly Loan Payment:.........$13,476.52
Number of Payments:...........60
Cumulative Payments:..........$808,591.07
Total Interest Paid:..........$58,591.07
Furthermore, be informed that in line with the rules governing this organization, you will be required to make payment
*LOAN AGREEMENT/CONDITIONS*
{1} Required Age: The borrower must not be below 18 years of age and any age below 18 would be disallowed from this loan offer.
{2} The applicant will start the repayment of loan at the end of every month starting from 6 months after loan has been transferred.
{3} BANK SECURITY POLICY: Due to the high rate of Internet insecurity we have our own method to securing Loan obtained from us. For These reasons, our loans are insured against terrorism, theft and scam,already by us.
{4} Failure to pay back the loan at this expected date/period, legal actions will be taken against the applicant by our attorney
immediately.
{5} Applicant who is unable to meet with the repayment will be given 2 weeks more as a grace period before legal actions will
{6} I agree that the funds will be used judiciously for the said purpose and not in any way be used for aiding terrorism, drug trafficking, laundering etc and other actions / acts that are forbidden by the laws of United Nations.
{7} That I make this agreement in sound mind knowing the implications.Please do get back to me on time so that we may have to proceed as soon as possible.
Note a scan copy of your national identity card or a driver license will be send along with this mail for documentation of your loan
process.....
Sincerely!and God bless.
Mr. Collins.
CEO Jimmy Collins Loan Firm.