BAD DEPT

[Youngrebel]

There are some people who are so bad in paying back depts when ever you assist them with funds that they are in dear need of. Funny how these are same people that will be so desperate in getting the funds and are full of sweet words and sounds really convincing to pay back the money within a short period of time.  Once they get the money to settle what they wanted the money for, their response on the payback changes. Most times you have to go back and forth with the person before the finally pays you back your money after a long time. That's if they donot even  pay you back in bits for a longer period of time. And not long again they come back to ask for another one.

For me I give those sets of people money and decides not to ask because if you dont ask they will never think of paying back.  And by that the person will not call you again for another money.
So sometimes instead of going back and forth with your debtor just decide to let one go.as a bad dept.

[letteredhub]

This post should be in economics board or politics and society.

If the size of the funds you gave as loan is what you can afford to let go then it's  good you forget it and accept the situation as an opportunity to put off a nuisance from your space. Because for that money they haven't paid they won't come back for another again, they make a self exile of them self away from you thinking they're doing you wrong, whereas you on the one hand is now having your peace away from their constant disturbance for money.

[BlackBoss_]

Move it to offtopic board.

[Outhue]

Its better not to get in bad debt in the first place, or are you accepting some extra percentages upon return? Because its not a must to lend money to anyone, if you must you can give them 10% of the amount they need and tell them to never pay back that this is all you can do for them, next time they will feel reluctant to ask you for help.

Do you know that you can be killed for lending out money to friends? Even family members? There are cases that got exposed in my country where people don't want to pay back their debt and the lender keep pressuring until they had enough and decide to put bounty on the lender's head.