IS GIVING YOUR FRIEND A LOAN A GOOD OR BAD IDEA, MAN JUSTIFIES THE BAD
Singapore Uncensored·2024-03-13 12:04
I know there are people out there who have loaned friends money before. My main question is do you regret it or not and if so why?
Long story short; I am doing fairly well for myself, 22 have a large savings and am paying off my own stuff.
That being said I have loaned friends money to stay out of debt many times, as I already went down the road and it is hard to rebound. 90% of the time they make it up but there always are cases where they just can’t.
Most recent situations:
My best friends kitten had broken its leg and I covered the medical bill as my friend had no way to pay it.
I noticed my friend struggling to pay his car instalments this month so I decided to halve his payment and asked him to set a budget for his pot use.
An old friend will generally come to me if she ever needs help and 9 times out of 10 she repays any loan. However her uni classes interfered with her work schedule and she is in the process of looking for a new job, so I won’t see the money anytime soon. I told her to just focus on school as the loan I gave her was for her books.
Just want to clarify, in my situation I always can part with the money I loan out. I don’t give my friends a timeline or anything to pay me back, I just say here is the $$ pay me back whenever you can if you don’t I won’t be helping you next time.
The thing I’m trying to find out is if people have good/bad stories about loaning money to a friend.
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Tony Tan8490 15/03/2024
If the person is a truth friend with proofen record, I would not think of it as loan
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Userf7cq 14/03/2024
I’ve given a fair bit & only ONE return the full amount! If one is to give don’t think of them returning to you at all. This way you will feel much better! The onus for the giver is whether the loan is for the better of helping the person who needs it! That’s my philosophy in life!
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Rina Low 13/03/2024
You're a nice man. 👍🏻 Hopefully you can recover whatever you've loan out. 🙏🏻
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Astro KW 17/03/2024
As you yourself said, there will always be that bad apple, whom will ti*gong, buat bodoh, and you'll never see the $$$again! 😒 If a friend is truly in need, and you are able.. It is Good to help.. Good things happen to people whom do Good! 🤗 But it is a 'risk' everytime you do so... BTW, if you have 'many' friends whom come to you for loans, maybe you are mixing with the Wrong crowd!??? 🤔🫣🤭
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