IOU is an acronym for "I Owe You", which is a verbal or
written agreement between two parties that acknowledges debt
between them. The term “Notes” is based on the concept of
paper money or other type of promissory note that equals the
legal monetary value of that note.
IOU Notes takes the concept of the informal pay later and
borrowing method of IOU's, and turns it into a formal method
that is a safe, easy, and powerful form of currency. It is
available to everyone through our peer-to-peer patent
pending platform. Users can securely and easily setup and
track transactions, establish repayment terms of choice (30
days - 24 months), and (0% - 5% interest) and other related
functions.
IOU Notes is not based on a person's traditional credit
score (FICO), but rather on their
IOU Credit Report and
their ability to pay others back. Every user on the IOU
Notes platform can decide if they want to be a borrower or a
lender to others or both. The IOU Notes platform was created
to put the power in the hands of the people. You decide who
to give credit and/or lend to, how much and the terms.
Donations of $20
or
more will receive
our
Gift of Appreciation
Crypto
Currency Blockchain Coin
10 Million Max Supply Industry
leaders Bitcoin is
21 Million max supply
and Ethereum is unlimited.
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Note: IOU
Notes is a for profit company and any funds donated are not
tax deductible. We declare any donations as company revenue
and pay the applicable taxes on it.