It's not smart to borrow funds and Pay back

[red4slash]

Is this a tutorial to make you a criminal? lol
You're indirectly saying that you should borrow without paying and I think that's a pretty ridiculous thing to do especially when you're borrowing from some government agencies like savings and loan cooperatives or banks where you'll definitely be asked for your data first.

If you are bothered by the interest from borrowing then don't borrow money because you can't afford to do it because however when we borrow money there must be interest that we have to pay in the end.
Think that's smart? I don't think you understand how loans and debts work in this case because the statement you gave in this case is like a criminal mindset that justifies any means to get money.

[Churchillvv]

When you have a new born idea that you want to invest in it's better to start without a loan but when you want to put money into things like big investments e.g real estate etc you have to be smart to borrow some money and strategies how you can settle all that without dispute. thinking of how smart one can be to borrow and not pay back, you're definitely on the wrong side because if you do you will not go free, do you think someone will just open a bank without having his root on how to get money back if not being paid as agreed? you must be dreaming of you think so.

Just don't try to over smart yourself if not you will get stuck somewhere that you won't escape.

[dunfida]

Is this a tutorial to make you a criminal? lol
You're indirectly saying that you should borrow without paying and I think that's a pretty ridiculous thing to do especially when you're borrowing from some government agencies like savings and loan cooperatives or banks where you'll definitely be asked for your data first.

If you are bothered by the interest from borrowing then don't borrow money because you can't afford to do it because however when we borrow money there must be interest that we have to pay in the end.
Think that's smart? I don't think you understand how loans and debts work in this case because the statement you gave in this case is like a criminal mindset that justifies any means to get money.

Wanna say on the same thing on which no one would be on their right minds would really be definitely doing this idea on which we know that you are really just that putting up yourself
on such trouble and this isnt something that you could really just that doing it considering on taking up some loan and ending up on non paying it just because they are the ones who is responsible on printing cash?
What the shit kind of idea that OP does have this kind of thing into his mind. Yes, they are indeed that institution but we do know that this is something which is really that doing up their business
and whenever you do took a loan then of course you would really be agreeing all of their terms on which its been that stated and this is something that you must agreed upon.

On the moment that  you have that signature of yours on the said agreement then its common sense that you had aggreed all the for things that stated there. Any violation or breaches
of contract would really be ending up on legal approach and this is something that will really be putting you up into such trouble. If you dont really like or want yourself on getting
imprisoned then never ever take up this kind of idea or suggestion. LOOOOOOL!

[Dzwaafu11]

Only a fool takes a loan and pays it back, the point is when borrowing, especially for large loans, go bankrupt, get the money out somehow, use a good accountant and don't pay anything back. if you take a loan in order to pay it back, you are a loser because the interest is your work and the effort you give away. besides, banks print money out of thin air, so this money is free for everyone.
Money makes money so with this money you can set up the real honest business or to set up next business on other person name keep money flowing then build some credit history and take new loan.
That's the smart way and your time efforts getting paid and you make atleast something out of it.

Should I call this childish or greedy? I don't even know because it's funny. Why will you take a loan and don't pay back? What does that mean, smartness or what? And you think you will be safe by collapsing another business. If you know you can't pay back the money with the interest, then why take the loan from the first place you would have and wait and gather the money to sort your problem and don't take the loan.

However, this is a learning environment. Do not bring any fraudulent act here; the forum is against that. You can't just be advising people how to cheat or defraud another person because the thing you said is fraud.

[kuriboh]

Thinking of how smart one can be to borrow and not pay back, you're definitely on the wrong side because if you do you will not go free, do you think someone will just open a bank without having his root on how to get money back if not being paid as agreed? you must be dreaming of you think so.

Just don't try to over smart yourself if not you will get stuck somewhere that you won't escape.

Borrowing and not paying it back can never be wise. I don't know how it is that someone helped you with a loan, but you ran away without repaying it. A lot of these are seen in the present day, and for these, it is seen that their relationship is destroyed over time. I have seen many times that the only thing responsible for killing a friendship or even a good relationship is the transaction of money. The transaction of funds means lending and borrowing. At first, he takes the money well, but it remains to be seen if he can return it on time. It can be seen that he does not give the money on time, which means he has to go around a lot to withdraw that money; then he says that if the following cash is given to others, how is it that it is seen in the present time and what else?
We have to change our mindset. We have to give back to those who receive money from us. Nothing can be taken from anyone unjustly. Only then will it be seen that some change is coming from here; moreover, there will never be any change.

[wxa7115]

Only a fool takes a loan and pays it back, the point is when borrowing, especially for large loans, go bankrupt, get the money out somehow, use a good accountant and don't pay anything back. if you take a loan in order to pay it back, you are a loser because the interest is your work and the effort you give away. besides, banks print money out of thin air, so this money is free for everyone.
Money makes money so with this money you can set up the real honest business or to set up next business on other person name keep money flowing then build some credit history and take new loan.
That's the smart way and your time efforts getting paid and you make atleast something out of it.

You want people to become thieves, because at its heart this is what you are proposing and I cannot agree with it, even if I think that bankers are a big part of the problem with the current economy and I consider them to be thieves themselves, it is simply wrong to lower yourself to their level.

So if you do not want to get in trouble and you do not want to pay for the interests generated by a loan, the solution is simple, do not ever ask for a loan and you will never have to worry about this.

[Samlucky O]

Only a fool takes a loan and pays it back, the point is when borrowing, especially for large loans, go bankrupt, get the money out somehow, use a good accountant and don't pay anything back. if you take a loan in order to pay it back, you are a loser because the interest is your work and the effort you give away. besides, banks print money out of thin air, so this money is free for everyone.
Money makes money so with this money you can set up the real honest business or to set up next business on other person name keep money flowing then build some credit history and take new loan.
That's the smart way and your time efforts getting paid and you make atleast something out of it.

This is what happens when you want to be a motivational speaker and you end up confusing yourself and making yourself completely useless to others trying to make a  right point point in a wrong way with wrong explanation. I guess what you are trying to say is that taken a loan is more profitable if we borrow from bank use it to do a profitable business that generates alot of money before returning it. I guess you got your motivation from some Facebook delusional content creators.

[EarnOnVictor]

Only a fool takes a loan and pays it back, the point is when borrowing, especially for large loans, go bankrupt, get the money out somehow, use a good accountant and don't pay anything back. if you take a loan in order to pay it back, you are a loser because the interest is your work and the effort you give away. besides, banks print money out of thin air, so this money is free for everyone.

You have a wrong perspective about the money, loans and banks themselves. It's a misconception that banks print money from thin air, there are assets that back such money printed so let's stop spreading false information.

I wonder why you would say people should not pay back their loans, have you forgotten that those issuing the loan are running a business? If the business crumbles, what good is that to the economy, and do you believe you can have access to loans again?

From a moral standpoint, it's very wrong, we are obliged to pay what we owe. You actually agree to some Ts&Cs because no lender would give you a loan without that, so you are liable to pay back.

[$anounimus$]

Only a fool takes a loan and pays it back, the point is when borrowing, especially for large loans, go bankrupt, get the money out somehow, use a good accountant and don't pay anything back. if you take a loan in order to pay it back, you are a loser because the interest is your work and the effort you give away. besides, banks print money out of thin air, so this money is free for everyone.

You have a wrong perspective about the money, loans and banks themselves. It's a misconception that banks print money from thin air, there are assets that back such money printed so let's stop spreading false information.

I wonder why you would say people should not pay back their loans, have you forgotten that those issuing the loan are running a business? If the business crumbles, what good is that to the economy, and do you believe you can have access to loans again?

From a moral standpoint, it's very wrong, we are obliged to pay what we owe. You actually agree to some Ts&Cs because no lender would give you a loan without that, so you are liable to pay back.

He forgot that the money he borrowed was an obligation that had to be fulfilled, without realizing it, his statement made it difficult for him to translate it correctly for himself. In essence, money taken from the bank is a form of business cooperation, meaning that both parties will get something that is mutually beneficial. Yes, besides that, he also did not realize that trust is an honor for everyone.

[Haunebu]

Well, well, well! Looks at what we have here. A dude who thinks he is so smart that he is handing out bad advice thinking it's actually good advice. Must say that this is a unique and interesting perspective.

Anyone with a half-decent brain knows that borrowing money and paying it back on time has a plethora of pros, but only if borrowed for proper reasons. Try growing up op.

[Tigerheart3026]

i have borrowed money from banks several times for my personal business and other many purposes, borrowing money to make profit and pay back with interest on time,
people's get loan for so many purposes because if want to buy a car or buy a flat or business of course you need to borrowing because you can not pay all of money in one installment.

[Churchillvv]

Thinking of how smart one can be to borrow and not pay back, you're definitely on the wrong side because if you do you will not go free, do you think someone will just open a bank without having his root on how to get money back if not being paid as agreed? you must be dreaming of you think so.

Just don't try to over smart yourself if not you will get stuck somewhere that you won't escape.

Borrowing and not paying it back can never be wise. I don't know how it is that someone helped you with a loan, but you ran away without repaying it. A lot of these are seen in the present day, and for these, it is seen that their relationship is destroyed over time. I have seen many times that the only thing responsible for killing a friendship or even a good relationship is the transaction of money. The transaction of funds means lending and borrowing. At first, he takes the money well, but it remains to be seen if he can return it on time. It can be seen that he does not give the money on time, which means he has to go around a lot to withdraw that money; then he says that if the following cash is given to others, how is it that it is seen in the present time and what else?
We have to change our mindset. We have to give back to those who receive money from us. Nothing can be taken from anyone unjustly. Only then will it be seen that some change is coming from here; moreover, there will never be any change.

Personally, when I read op's idea of loan I was interested to know the details of what his saying but when he mentioned taking loan and never repay them, I immediately disqualified his idea because there is absolutely no way one should be thinking of bringing down someone else business of loan by taking money and never pay it back, and if he thinks he wants to start business altogether with that loan op should imagine going into a deal with partners and they decides to take his profit and never pay him back. infact the law of karma still exist for people thinking like OP.

People who are very wealthy especially real estate investors borrowed the capitals for the investment but what one must know is you must have a good credit level before you can access such loans and for you to have a good credit score you must have another running assets that can make the bank or any organisation to borrow a good amount of money. But for OP his problem trying to scam anyone who borrows him the money which is looking forward to get which I believe might end up ruining his life if you continues with this mentality.

[letteredhub]

Only a fool takes a loan and pays it back, the point is when borrowing, especially for large loans, go bankrupt, get the money out somehow, use a good accountant and don't pay anything back. if you take a loan in order to pay it back, you are a loser because the interest is your work and the effort you give away. besides, banks print money out of thin air, so this money is free for everyone.
Money makes money so with this money you can set up the real honest business or to set up next business on other person name keep money flowing then build some credit history and take new loan.
That's the smart way and your time efforts getting paid and you make atleast something out of it.

Where the heck did you got this school of thought because honestly this just some stupid way of dragging ones name to the mud because you won't escape from the long arm of the law as this is just some fraudulent behavior taking loan and not willing to pay back because you think the money belongs to the state and it's been printed from thin air and that gives you a right.

I think taking loan and paying back doesn't make you a loser, rather it makes you a trustworthy person with god repute, and which will open doors to you for more loans in the future as an individual with good loan record.

People that develop the mentality of not wanting to pay back loans are usually those who misuse the loan money making no profitable use of it and as a result they crack up some excuses not to pay back loan. Op is that you?

[Rockstarguy]

Only a fool takes a loan and pays it back, the point is when borrowing, especially for large loans, go bankrupt, get the money out somehow, use a good accountant and don't pay anything back. if you take a loan in order to pay it back, you are a loser because the interest is your work and the effort you give away. besides, banks print money out of thin air, so this money is free for everyone.
Money makes money so with this money you can set up the real honest business or to set up next business on other person name keep money flowing then build some credit history and take new loan.
That's the smart way and your time efforts getting paid and you make atleast something out of it.

If the plan and essence borrowing is to get money and not to pay back I don't think anyone will still have the opportunity to borrow money. Instead it is better for those who don't believe in borrowing of money because of the interest involved in it, then it is better to stay away from collecting loan. I know so many who taking a loan don't favour them because of how difficult it is for them to generate more money from the loan money and it seems very difficult to pay back the loan money, people like this should never think of collecting a loan. Their are some people who know how to use loan money to set up good business and they were able to pay back the loan without any struggle.

If loan should be taken it must be for something that can yield good profit but when no profits comes out from losing money it is better for one not to make any attempt to borrow money.

[Chilwell]

Only a fool takes a loan and pays it back, the point is when borrowing, especially for large loans, go bankrupt, get the money out somehow, use a good accountant and don't pay anything back. if you take a loan in order to pay it back, you are a loser because the interest is your work and the effort you give away. besides, banks print money out of thin air, so this money is free for everyone.
Money makes money so with this money you can set up the real honest business or to set up next business on other person name keep money flowing then build some credit history and take new loan.
That's the smart way and your time efforts getting paid and you make atleast something out of it.

The part you are going is not a good way because someone can see this and pick interest in acting in this manner not towards the bank alone but also individuals because the money they are using are also printed. I have a question for you OP assuming I borrow printed money from you or purchase a product from you on credit and I decided not to pay back because you used printed money to acquired all that which action will take on me and what will you call that act?

I don't know where you come from to know how you do things there, quite right the money are being printed but not as you view it, before any new note are produced they must make sure a replacement of damaged old note, printing money unnecessarily causes inflation.

[Promocodeudo]

Only a fool takes a loan and pays it back, the point is when borrowing, especially for large loans, go bankrupt, get the money out somehow, use a good accountant and don't pay anything back. if you take a loan in order to pay it back, you are a loser because the interest is your work and the effort you give away. besides, banks print money out of thin air, so this money is free for everyone.
Money makes money so with this money you can set up the real honest business or to set up next business on other person name keep money flowing then build some credit history and take new loan.
That's the smart way and your time efforts getting paid and you make atleast something out of it.

Op I don't get the exact thing you are saying, if you approach a loan facility, the first thing that should be in your mind is borrowing and I believe that borwing has a repayment terms, are you trying to advise people to default on their own agreement,  I think it bad to do such.
It is funny When you say the money is free for everyone, so are you trying to say bank print money for every one, if this is the case i think banks would have not been involving in different businesses or acquring other asset that can generate money for them, i want you to understand that printing of money has process and it is not as easy as you think, if not countries would have been financially independent, there wouldn't have been borrowing to finance projects in most countries hence they can easily print their own money, op lets get this straight, it is importamt for us to understand this things before we say them because you dont know who is reading that may want to follow what you said, loan are meant to be repayed back because it is an individual or institution business that shouldn't be joked with.

[Jegileman]

Only a fool takes a loan and pays it back, the point is when borrowing, especially for large loans, go bankrupt, get the money out somehow, use a good accountant and don't pay anything back. if you take a loan in order to pay it back, you are a loser because the interest is your work and the effort you give away. besides, banks print money out of thin air, so this money is free for everyone.

Banks print money out of thin air is a statement I don’t believe in and shouldn’t be preached. You’re just encouraging stealing and anyone that follows your advise will be doomed. Did you work for the money that you want to take loan from and don’t you know that the money you borrowed is the hard work of other people that they kept safe there in the bank for people like you to use for business and bring the profits back. Those are the smarter people, so better work yourself out and become someone like them whom money work for and not them working for the money physically.

Money makes money so with this money you can set up the real honest business or to set up next business on other person name keep money flowing then build some credit history and take new loan.
That's the smart way and your time efforts getting paid and you make atleast something out of it.

OP, you’re just trying to mislead people into doing what will not be beneficial for them. If you’re doing this and it’s working for you, please don’t drag more people into it. What you’re doing is illegal and when the law catch up with you, you’ll be dealt with. Your time, effort and money could be spared for now but the longevity of you getting out of it is not something that’s for sure certain, they’ll catch up with anyone doing such sooner.

[dezoel]

Do you think it is so easy to get a loan without any conditions again and again? It is not so easy if you have not done this before then you don't know about it otherwise you don't know about it. They say it is very difficult to get a loan from the banks and even if the banks give a loan, they charge interest on top of that and I don't think you should do anything by taking a loan that you don't see the possibility of a definite profit.

The first thing is that I am not in favor of taking loans because I don't think we can do any business by taking loans because there is no business in which there is only profit and in business, there are chances of loss. Even if we start any work, it cannot be said with certainty that we will profit from it.

The second thing is that if your request is accepted, then you don't have to repay the loan as much as you have taken, you have to pay interest on top of it, and if you understand that only from one bank. It is not possible to take a loan and take a loan from another person and not pay it back and continue your business.

[Farma]

He forgot that the money he borrowed was an obligation that had to be fulfilled, without realizing it, his statement made it difficult for him to translate it correctly for himself. In essence, money taken from the bank is a form of business cooperation, meaning that both parties will get something that is mutually beneficial. Yes, besides that, he also did not realize that trust is an honor for everyone.

When someone borrows money from a bank, of course they must provide collateral so that the money they want to lend is given by the bank and it is very unlikely that the bank will simply provide funds to someone who wants to take out a loan without any collateral and there are also many requirements that must be met before they can take out a loan from the bank and if they have fulfilled all the requirements given by the bank and they get the loan, of course they must be able to pay the installments properly and if they choose not to pay off their loan installments, of course the bank will auction off the collateral they gave to the bank and it is very unlikely not to pay it and if they still choose not to pay it, of course this will be very detrimental to us because the bank of course issues the loan amount below the collateral that we have given them and if we choose not to pay it, of course this will be detrimental to ourselves.

[barisbilgili]

He forgot that the money he borrowed was an obligation that had to be fulfilled, without realizing it, his statement made it difficult for him to translate it correctly for himself. In essence, money taken from the bank is a form of business cooperation, meaning that both parties will get something that is mutually beneficial. Yes, besides that, he also did not realize that trust is an honor for everyone.

When someone borrows money from a bank, of course they must provide collateral so that the money they want to lend is given by the bank and it is very unlikely that the bank will simply provide funds to someone who wants to take out a loan without any collateral and there are also many requirements that must be met before they can take out a loan from the bank and if they have fulfilled all the requirements given by the bank and they get the loan, of course they must be able to pay the installments properly and if they choose not to pay off their loan installments, of course the bank will auction off the collateral they gave to the bank and it is very unlikely not to pay it and if they still choose not to pay it, of course this will be very detrimental to us because the bank of course issues the loan amount below the collateral that we have given them and if we choose not to pay it, of course this will be detrimental to ourselves.

That's absolutely right, we will even experience a much greater loss if we do not pay the obligations as set by the borrower at the time of the initial agreement. Actually, we have to be observant before choosing to take a loan and also have to have a long-term calculation to be able to turn the money around so that it is not constrained to be able to return it, so I think in terms of taking a loan from a bank we must be able to use it well so that we can return it.