TIMOTHY SPARK FINANCE
Reliability & Simplicity is our Motto
Attention: xxx (xxx) xxx,
I am in receipt of your application for loan amount of $25,000.00. Meanwhile, below are the Loan Terms and Conditions for your requested amount of $25,000.00 (Twenty five thousand US Dollars only). And I want to assure you that you are in the right place of getting funded as soon as possible because we can help you. And note that you will never have any regret of taking this Loan from our Company.
I want to also use this opportunity to welcome you as a member of our prospective numerous customers.
HERE ARE THE TERMS AND CONDITIONS.
APPLICANT'S DETAILS:
* Names: xxx (xxx) xxx,
* Amount: $25,000.00 (Twenty five thousand US Dollars only).
* Loan Duration: 36 months
Location: Germany
LOAN TERMS AND REPAYMENT SCHEDULE
The loan repayment is based on monthly basis which consists of the loan capital and that of interest rates altogether. Like it’s written, the loan duration period is for 36 months. So, below is the calculated interest rate and payment schedule:
Loan Amount needed $25,000.00
Adjusted Loan Amount: $25,000.00
Loan Interest Rate: 3%
Loan Term: 3 years (36 months)
Monthly Loan Payment: $727.03
Number of Payments: 36 times
Cumulative Payments: $26,173.09
Total Interest Paid: $1,173.09
Note: The monthly loan payment was calculated at 35 payments of $727.03 plus a final payment of $727.04.
Furthermore, be informed that in line with the rules governing this organization, you will be required to make payment on monthly basis.
LOAN AGREEMENT/CONDITIONS:
{1} the applicant will start the repayment of loan at the end of every month starting from 3 months after loan amount has been transferred to the beneficiary. This is because of the purpose of the loan request by the applicant.
{2} Failure to pay back the loan at this expected date/period, legal actions will be taken against the applicant by our attorney immediately.
{3} Applicant who is unable to meet with the repayment will be given 2 weeks grace period before any legal actions will be taken.
{4} Note: We shall make payment for your insurance so your loan papers can be processed.
{5} there will be no repayment penalties as its welcome to our company.
{6} Applicant is to send us any government recognized valid Identification Card for documentation.
{7} you are only expected to prepay for the Government Approval Charges so your loan can be approved by the International Lending Government. This is to enable us immediately transfer your money into your bank account or through other means you may want to receive the money so that our government doesn't think its money laundering related transfer. And the amount you are to pay for this fee is 2% of your requested loan amount which is $500 (Five hundred dollars only). Also note that this fee must be prepaid.
{8} every communication or payment of any fee shall only be done through our office or representatives.
Furthermore, as stated before, we can lend you the money but you have to prove to be serious and trustworthy.
So, please, let me know today how soon you can be able to send us your government recognized identification card so that we can document with our attorney and move forward.
In agreement to this, applicant is expected to sign and send a signed copy of this loan terms. Once this is received, we will inform you when your loan will be approved and ready for transfer. Note: In case you are unable to print and send a scanned copy back to us, you can as well use your name in place of your signature on this agreement and send it back to us.
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Applicant Sign
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Date
Upon receipt of the above information we shall immediately request for your information of how you want the funds to get to you.
Please, we expect a swift response to the above email.
Sincerely,
Timothy Spark
For;
TIMOTHY SPARK FINANCE
USA OFFICE:
55 Elm Street, Hartford, Connecticut, USA.
+1 213 282 9830
SOUTH AFRICA OFFICE:
28/29 Roodebloem Road 7545 Woodstock
Cape Town, South Africa
+27 834 484 905