Quit borrowing

[jossiel]

Those people have no courtesy and respect to the lenders. When they are in need, the lenders have given them the money they're asking but in return, they intentionally want to default.

Actually, if this happens in the circle of your family and relatives. Then, it's a good riddance as you get rid of those people so that they won't come near again you asking for some money.

And they'll be the one that's ashame of asking that from you again if they didn't pay you their obligation for the loan.

Yeah right, there's an instance that you have no choice but to lend them money but if by chance they will not pay you back.

You have to let it go as they can't look into your eyes and ask for more since you already give them
and you are not willing to let them to barrow again.

It's really hard, especially if the person is close to you and the trust that you give them will be broken
that feeling between you will be damaged, and it's hard to recover that same trust again.

Once is enough but if they try to ask you and didn't paid the first loan they took you, what a shame on them. You've helped them without having a second though and when they're able, they did had a second thought of paying you.

Sometimes you have to be hard on these people even if they've got a pitiful situation. They can't get out of that situation because they don't even think of the feelings of the others that they're asking for loan.

That's why karma has always been real and what you did to others will always come back to you depending if it's a good or bad one like this in borrowing.

[og kush420]

Those people have no courtesy and respect to the lenders. When they are in need, the lenders have given them the money they're asking but in return, they intentionally want to default.

Actually, if this happens in the circle of your family and relatives. Then, it's a good riddance as you get rid of those people so that they won't come near again you asking for some money.

And they'll be the one that's ashame of asking that from you again if they didn't pay you their obligation for the loan.

Yeah right, there's an instance that you have no choice but to lend them money but if by chance they will not pay you back.

You have to let it go as they can't look into your eyes and ask for more since you already give them
and you are not willing to let them to barrow again.

It's really hard, especially if the person is close to you and the trust that you give them will be broken
that feeling between you will be damaged, and it's hard to recover that same trust again.

Once is enough but if they try to ask you and didn't paid the first loan they took you, what a shame on them. You've helped them without having a second though and when they're able, they did had a second thought of paying you.

Sometimes you have to be hard on these people even if they've got a pitiful situation. They can't get out of that situation because they don't even think of the feelings of the others that they're asking for loan.

That's why karma has always been real and what you did to others will always come back to you depending if it's a good or bad one like this in borrowing.

I agree with you: Borrowing reasonably is one the greatest thing to be kept in consideration. Some people are habitual and keep borrowing money all the time. They never borrow to return. On the other hand some people are great in dealing with their loans.

[Aanuoluwatofunmi]

I hope borrowing never put us to shame before we quit this action, why can't we learn and give it all it takes to also be an owner and lend to others than borrowing always, some people have no courtesy to what they can borrow, how they borrow and from whom they even borrow from, it a thing of shame that some people don't even count it serious that they should stop or limit the extent of things they borrow.

[Pamadar]

Those people have no courtesy and respect to the lenders. When they are in need, the lenders have given them the money they're asking but in return, they intentionally want to default.

Actually, if this happens in the circle of your family and relatives. Then, it's a good riddance as you get rid of those people so that they won't come near again you asking for some money.

And they'll be the one that's ashame of asking that from you again if they didn't pay you their obligation for the loan.

Yeah right, there's an instance that you have no choice but to lend them money but if by chance they will not pay you back.

You have to let it go as they can't look into your eyes and ask for more since you already give them
and you are not willing to let them to barrow again.

It's really hard, especially if the person is close to you and the trust that you give them will be broken
that feeling between you will be damaged, and it's hard to recover that same trust again.

Once is enough but if they try to ask you and didn't paid the first loan they took you, what a shame on them. You've helped them without having a second though and when they're able, they did had a second thought of paying you.

Sometimes you have to be hard on these people even if they've got a pitiful situation. They can't get out of that situation because they don't even think of the feelings of the others that they're asking for loan.

That's why karma has always been real and what you did to others will always come back to you depending if it's a good or bad one like this in borrowing.

Wow, real-talk as it is, but nothing to argue as those people will not learn if they will not bring this kind of things to them.

If you will not be straightforward, then there's nothing to reflect with those kinds of people,
they will keep asking for more loan and will try every chance that they have to make
something out of you and they will just repeat it from time to time.

[posi]

I hope borrowing never put us to shame before we quit this action, why can't we learn and give it all it takes to also be an owner and lend to others than borrowing always, some people have no courtesy to what they can borrow, how they borrow and from whom they even borrow from, it a thing of shame that some people don't even count it serious that they should stop or limit the extent of things they borrow.

Sometimes there are people who borrow to spend, to serve their bad habits, deserve condemnation, and don't deserve us to lend them money. But there are also many people who have real difficulties, and if they don't borrow, they have no solution to sustain their lives. I have met such people in my area, they work hard, never even stop for a moment. But their lives are full of uncertainties, and they can't help but borrow money to solve them. Borrowing money is something we should avoid, but there is no shame in it if we really need it, and if we can pay it on time, there is nothing to be ashamed of.

[salad daging]

I hope borrowing never put us to shame before we quit this action, why can't we learn and give it all it takes to also be an owner and lend to others than borrowing always, some people have no courtesy to what they can borrow, how they borrow and from whom they even borrow from, it a thing of shame that some people don't even count it serious that they should stop or limit the extent of things they borrow.

Sometimes there are people who borrow to spend, to serve their bad habits, deserve condemnation, and don't deserve us to lend them money. But there are also many people who have real difficulties, and if they don't borrow, they have no solution to sustain their lives. I have met such people in my area, they work hard, never even stop for a moment. But their lives are full of uncertainties, and they can't help but borrow money to solve them. Borrowing money is something we should avoid, but there is no shame in it if we really need it, and if we can pay it on time, there is nothing to be ashamed of.

If we want to give loans to other people, we have to look at their side of life, do they have bad habits or good habits where they are always on time when paying back, because if we lend the wrong person, it will be complicated, especially since the money from the loan is only used for Your own pleasure is not getting out of the crisis problem and that must also be considered so that we don't take the wrong step when making a loan.

What do you say he doesn't want to borrow because of his uncertainty in his income, so he's afraid he might fail to pay off the loan, so he doesn't want to make a loan and it's better to work hard, that's how he survives, but if you really want to help, then go ahead is in our decision as borrowers.

[Mahanton]

I hope borrowing never put us to shame before we quit this action, why can't we learn and give it all it takes to also be an owner and lend to others than borrowing always, some people have no courtesy to what they can borrow, how they borrow and from whom they even borrow from, it a thing of shame that some people don't even count it serious that they should stop or limit the extent of things they borrow.

Sometimes there are people who borrow to spend, to serve their bad habits, deserve condemnation, and don't deserve us to lend them money. But there are also many people who have real difficulties, and if they don't borrow, they have no solution to sustain their lives. I have met such people in my area, they work hard, never even stop for a moment. But their lives are full of uncertainties, and they can't help but borrow money to solve them. Borrowing money is something we should avoid, but there is no shame in it if we really need it, and if we can pay it on time, there is nothing to be ashamed of.

If we want to give loans to other people, we have to look at their side of life, do they have bad habits or good habits where they are always on time when paying back, because if we lend the wrong person, it will be complicated, especially since the money from the loan is only used for Your own pleasure is not getting out of the crisis problem and that must also be considered so that we don't take the wrong step when making a loan.

What do you say he doesn't want to borrow because of his uncertainty in his income, so he's afraid he might fail to pay off the loan, so he doesn't want to make a loan and it's better to work hard, that's how he survives, but if you really want to help, then go ahead is in our decision as borrowers.

Trying to make some background check? This is something that you could precisely know on which there's no way that you could be able to see on what are the things that they currently dealing with considering this is
really indeed a personal thing which it shouldnt really be shared out or never that right to got involved on things that they are really that doing. Therefore, there's no way that you could be able to know when it comes to background and if you are that someone who do really lend out money into other people then background checks is never been that 100% sure that you would be knowing everything specially on things that they are getting involved into.

As much as possible then you shouldnt really be borrowing if its not really that needed but we know that there are situations or circumstances in life on which we do see some opportunity and able to have that shortage of funds on which we would really be having that consideration on taking up some loan to ease up the situation and able to deal up on the things that you would really want to deal with.
Its very situational and its not really that bad to take some loan as long you would really be that responsible on paying it back. Wrong things turns out to be common on this space is just that because people wouldn't
really be mindful about their obligations on the time that they had already benefited out.

[Dzwaafu11]

That's why it's good to borrow if it's used in a way that can produce money as well or be used in a business that you want to do.

But you already know that borrowing money can never simply be done for business purposes. What about those who have sick family members or patients in a hospital who are looking for a method to pay for their care if they have no other options? What do you think will be their solution? I think borrowing can never be used only for business purposes.

The same question also applies to sick people: What do you think they would do if you had no other option to earn money but to borrow from them while they were ill? All things considered, I just want you to know that most people borrow money to pay for expenses like illness and other necessities rather than to fund their demand for more money.

They are government employees who are borrowing loans not for commercial purposes but rather to meet their family's requirements at the right moment so they can repay them later.
 

[molsewid]

That's why it's good to borrow if it's used in a way that can produce money as well or be used in a business that you want to do.

But you already know that borrowing money can never simply be done for business purposes. What about those who have sick family members or patients in a hospital who are looking for a method to pay for their care if they have no other options? What do you think will be their solution? I think borrowing can never be used only for business purposes.

The same question also applies to sick people: What do you think they would do if you had no other option to earn money but to borrow from them while they were ill? All things considered, I just want you to know that most people borrow money to pay for expenses like illness and other necessities rather than to fund their demand for more money.

They are government employees who are borrowing loans not for commercial purposes but rather to meet their family's requirements at the right moment so they can repay them later.
 

I agree, I recently get a loan here in forum to provide my needs for medication. I don't have any option since my earning in a company is not sufficient and it makes me more anxious that's why I don't have any choice but to have a loan. Now I am searching for some side hustle so that I can pay my loan and other debt. having an illness is a big problem and can affect your budget so having a loan or borrowing is not a bad option if you don't have any choices.

[Uruhara]

I hope borrowing never put us to shame before we quit this action, why can't we learn and give it all it takes to also be an owner and lend to others than borrowing always, some people have no courtesy to what they can borrow, how they borrow and from whom they even borrow from, it a thing of shame that some people don't even count it serious that they should stop or limit the extent of things they borrow.

At least people must first measure the limits of their financial capabilities before intending to take a loan. but often this one important thing is neglected by those who are addicted. But there are situations where they are forced to do so even though they realize their ability to pay may not be very good. What is really embarrassing are those who borrow only to buy branded items that they use to show off and prioritize style in their life. But those who borrow for an urgent need can still be considered reasonable.

[Raflesia]

I hope borrowing never put us to shame before we quit this action, why can't we learn and give it all it takes to also be an owner and lend to others than borrowing always, some people have no courtesy to what they can borrow, how they borrow and from whom they even borrow from, it a thing of shame that some people don't even count it serious that they should stop or limit the extent of things they borrow.

At least people must first measure the limits of their financial capabilities before intending to take a loan. but often this one important thing is neglected by those who are addicted. But there are situations where they are forced to do so even though they realize their ability to pay may not be very good. What is really embarrassing are those who borrow only to buy branded items that they use to show off and prioritize style in their life. But those who borrow for an urgent need can still be considered reasonable.

It should be remembered that at first it was compulsion that this could become a continuation in addiction which makes them always have the mindset that borrowing is the only way to make their condition better.
Not a few things like this happen because their mindset has been set considering that the previous loan was paid off well which made them think about borrowing again with the same thought that this could also be resolved.
But on the other hand they never think about the worst possibility when passing and have to pay every month because indeed their belief is always in a state of full confidence.

Actually it's still the same as before and I agree with you about knowing your own capacity in this regard but on the other hand it's also not a guarantee because even if we are initially able to pay installments it is not certain that in the future we can comfortably do that too.

[Uruhara]

I hope borrowing never put us to shame before we quit this action, why can't we learn and give it all it takes to also be an owner and lend to others than borrowing always, some people have no courtesy to what they can borrow, how they borrow and from whom they even borrow from, it a thing of shame that some people don't even count it serious that they should stop or limit the extent of things they borrow.

At least people must first measure the limits of their financial capabilities before intending to take a loan. but often this one important thing is neglected by those who are addicted. But there are situations where they are forced to do so even though they realize their ability to pay may not be very good. What is really embarrassing are those who borrow only to buy branded items that they use to show off and prioritize style in their life. But those who borrow for an urgent need can still be considered reasonable.

It should be remembered that at first it was compulsion that this could become a continuation in addiction which makes them always have the mindset that borrowing is the only way to make their condition better.
Not a few things like this happen because their mindset has been set considering that the previous loan was paid off well which made them think about borrowing again with the same thought that this could also be resolved.
But on the other hand they never think about the worst possibility when passing and have to pay every month because indeed their belief is always in a state of full confidence.

Actually it's still the same as before and I agree with you about knowing your own capacity in this regard but on the other hand it's also not a guarantee because even if we are initially able to pay installments it is not certain that in the future we can comfortably do that too.

yes you are right. because we don't know whether our financial situation will remain good or not in the future. Well maybe before borrowing we feel our financial ability can handle it. but then after making a loan, the economic situation that turned difficult could drag someone who originally had strong financial capabilities into a weak one. So it becomes difficult to pay off the loan. Maybe these habits and addictions really should not be underestimated. Because well it is also not good for someone who has mature financial planning and wants financial freedom in the future.

[Woodie]

When you're short on cash, it can be difficult to quit borrowing money.

Don't you think there should be a line drawn between borrowing money and managing to payback & borrowing money and failing to payback I don't think its about quiting because if someone is paying back then there is no problem here...

The majority of us live beyond our means, which is one of the primary causes of our ever-increasing habit of borrowing money. Simply put, incomings are outpacing outgoings. It's also getting worse.

Were are these stats coming from???

Btw when someone is getting these extra loans its more likely that they have the capacity based on debt service ratio, because if someone is to put the numbers together to see if you are in a position to payback with all other loans on your book, then you would never be considered for one.. But should the numbers read that you have some funds to spare then the extra loans will be approved.

More than at any time in the past two decades, millions of Americans are spending more than they earn. Spending on credit cards, the most common type of personal debt, is estimated to be rising at a rate faster than at any other time in American history.

Credit cards, Overdrafts etc all these financing options were meant to keep the economy  running as these mediums  are used to pump in money into circulation but the end user does pay the price.

[Wend]

I hope borrowing never put us to shame before we quit this action, why can't we learn and give it all it takes to also be an owner and lend to others than borrowing always, some people have no courtesy to what they can borrow, how they borrow and from whom they even borrow from, it a thing of shame that some people don't even count it serious that they should stop or limit the extent of things they borrow.

At least people must first measure the limits of their financial capabilities before intending to take a loan. but often this one important thing is neglected by those who are addicted. But there are situations where they are forced to do so even though they realize their ability to pay may not be very good. What is really embarrassing are those who borrow only to buy branded items that they use to show off and prioritize style in their life. But those who borrow for an urgent need can still be considered reasonable.

Borrowing money is nothing to be ashamed of if we use it for necessary and essential purposes. I also used to borrow to cover my life, it can be said that it was a very difficult time, and the repayment was also very hard, it exhausted my strength. But if I don't borrow money, my family, wife, and children will face even more difficulties. As long as we borrow and pay in full, there is no shame because life will sometimes encounter unexpected difficulties.

[Fortify]

When you're short on cash, it can be difficult to quit borrowing money.

Everyone has been there. We're short on cash and in a lot of debt, but a cover loan to get out of the red and even improve our readiness is the light at the end of the tunnel.

Blissful days? Sadly, no. It all comes down to the straightforward, yet frequently misunderstood, formula that says borrowing more money equals more debt. It is more difficult to return to black the more debt you accumulate.

The majority of us live beyond our means, which is one of the primary causes of our ever-increasing habit of borrowing money. Simply put, incomings are outpacing outgoings. It's also getting worse.

More than at any time in the past two decades, millions of Americans are spending more than they earn. Spending on credit cards, the most common type of personal debt, is estimated to be rising at a rate faster than at any other time in American history.

People have always tried to copy their idols and in the age of the internet there is more influence taking place than ever before. Combine that with the convenience of buying stuff online and easy access to credit, it joins together in a very dangerous combination. A lot of the blame does go to the companies that are so eager to offer credit, often at outrageous and totally unfair rates to the people who find it hardest to pay back. There is also an element that you cannot save everyone, you can educate people as much as you want, but some people will always choose to live on the borderline between paychecks and refuse to acknowledge that there is a better way to live.

[jossiel]

Once is enough but if they try to ask you and didn't paid the first loan they took you, what a shame on them. You've helped them without having a second though and when they're able, they did had a second thought of paying you.

Sometimes you have to be hard on these people even if they've got a pitiful situation. They can't get out of that situation because they don't even think of the feelings of the others that they're asking for loan.

That's why karma has always been real and what you did to others will always come back to you depending if it's a good or bad one like this in borrowing.

I agree with you: Borrowing reasonably is one the greatest thing to be kept in consideration. Some people are habitual and keep borrowing money all the time. They never borrow to return. On the other hand some people are great in dealing with their loans.

And hopefully most people are like the latter part but they're not.

Once is enough but if they try to ask you and didn't paid the first loan they took you, what a shame on them. You've helped them without having a second though and when they're able, they did had a second thought of paying you.

Sometimes you have to be hard on these people even if they've got a pitiful situation. They can't get out of that situation because they don't even think of the feelings of the others that they're asking for loan.

That's why karma has always been real and what you did to others will always come back to you depending if it's a good or bad one like this in borrowing.

Wow, real-talk as it is, but nothing to argue as those people will not learn if they will not bring this kind of things to them.

If you will not be straightforward, then there's nothing to reflect with those kinds of people,
they will keep asking for more loan and will try every chance that they have to make
something out of you and they will just repeat it from time to time.

And if they ask the same thing to the people that they've borrowed money and they never paid back, there's no hope for them and I am sure that they are aware of that.

It's too much if they are arrogant to ask them again for some loan when they've never have the guts to pay or ask them for some extension because they have no intention of paying them.

[gaston castano]

Most of us like to only borrow when returning it is very difficult, in this case we must pay attention too the job of the person borrowing if you really want to lend it because if it's the wrong person or the person who doesn't have a job we lend it can there will be fraud and not paid looking for reasons that there is nothing to pay

Of course. we have to be careful if we want to give a loan to anyone. especially to people we have not known for a long time. we do have to first check what job he has and also check his real identity and whether he is really a person who can be trusted or not. Even when borrowing from a bank, you need collateral. So also we have to see what collateral is offered by the borrower if he is not someone we know. but I personally don't always ask a lot of questions when my relatives borrow from me. I would immediately give it without hesitation if I had extra money that I could lend.

It's important to exercise caution when lending money, especially to individuals you don't know well. Verifying someone's identity and employment can provide some level of assurance. Additionally, collateral is often required when borrowing from a bank to ensure the repayment of the loan. If you are considering lending money to someone you don't know, it's essential to evaluate the risk and consider whether they can be trusted to repay the loan.

[mirakal]

I hope borrowing never put us to shame before we quit this action, why can't we learn and give it all it takes to also be an owner and lend to others than borrowing always, some people have no courtesy to what they can borrow, how they borrow and from whom they even borrow from, it a thing of shame that some people don't even count it serious that they should stop or limit the extent of things they borrow.

I'm afraid to say that it cannot be avoided especially for the ones who badly needed to borrow some money just to get through the day because their job is not paying that well to cover up their daily expenses nor can make them and their family eat as much as 3x a day. For us here, we can somehow say that we should consider something first and weigh some things before borrowing before it can put us to shame but for other people who doesn't have that much, shame and embarrassment is not really a big deal as long as they can survive in this harsh world.

[Negotiation]

Actually borrowing is not a bad thing people are usually victims of circumstances, there are many times when the situation has to take after it is not a shame but you have to stay within your limits. Must be able to take and pay back on time but it will not be right to do it all the time. We borrow money from each other for various needs in our life. But if this money loan becomes a habit then there is a doubt that we may not be successful in our life. When you buy something with your own money and buy it by borrowing money from above, the joy of the two will never be the same and there will be pressure on the head when to pay it back.

[Cryptock]

Borrowing isn't inherently bad if done responsibly and with a clear repayment plan. There are situations where borrowing becomes a necessary and temporary solution to specific needs or crises. When borrowing is approached as a temporary measure and used in moderation, it can help you close a financial gap or overcome unexpected costs. Small, short-term loans, like the ones you mentioned, can be useful for dealing with urgent needs when there are no alternatives. But you must be aware of your financial situation and not rely on borrowing as a long-term strategy to manage expenses or maintain a certain lifestyle. Being constantly dependent on borrowing without a clear repayment plan can lead to a vicious cycle of debt and financial stress.

There are various ways to stop borrowing one of them is living below your means and keeping a track of your spending habits