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"WolfGangKruppton" by WolfGangKruppton
Page 1 of 4
Spank Bank Loaning
Services Official Contract
Date: Tuesday April 7th, 2020
Principal: 200,000
Full Loan Due: 300,000
Due Date: Wednesday May 20th, 2020
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Legal
By signing this document, the signee agrees to all of the parameters outlined in this contract. Failure to do so will lead to a civil lawsuit. The signee understands they are liable for the full amount of the loan and applicable fees.
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Interest
The full amount of the loan is due to be paid by the date as stated in this contract. Along with this, there s a 50% interest that has to be paid in addition to the principal amount.
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Late Penalty
If the full loan is not paid by the due date, a $2,000 late fee will be placed on top of the loan with applicable interest for every day the full loan is not paid. After 7 days, if the loan is not paid the case will be taken to court.