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I should not have loaned him money

Date: Sat, 10/14/2006 - 09:39

Submitted by anonymous
on Sat, 10/14/2006 - 09:39

Posts: 202330 Credits: [Donate]

Total Replies: 7


Hello,

I was doing just fine on my credit till a friend asked to borrow a substantial amount of money (5500) and being the good trustworthy friend I loaned him the money against a credit card. I then found myself with him not paying and with me with out a job, and the one i did find did not pay like they said. I now have a decent paying job but behind and cant catch up with out some help. There is a 20% apr on the money borrowed and having trouble catching up. If I can just have everything consolidated under smaller apr I can catch up.

Thank you for your time,
Christopher Gilbert


Hi Christopher, I am sorry that your friend couldn't understand the help you offered to him during his emergency. Happy to hear that now you have a job and can take care of yourself. Consolidate your debts under one payment plan. The interest rates in the program will be lower than what you are paying presently. Hope it helps.


lrhall41

Submitted by ArDeN on Sat, 10/14/2006 - 11:38

( Posts: 496 | Credits: )


Ari, I really felt bad when saw the post first. Isn't that unfair when someone takes advantage of the trust you put on him. I know someone who is a very good friend of mine and had some monetary problems. I thought that I should help him because I can afford it at that moment. He made me feel as if I dropped from heaven for him and do the help. I was glad that he was feeling relieved. He promised me that he is taking the fund for short time and will have good source of income in the coming months. Well, his situation did improve as expected but what happened to the money that I gave him. He started to delay returning my money. I was feeling bad because I pressed myself and didn't want to hurt with some bitter words. Well, situation went bitter and he kept on becoming ungrateful. After a few months, I couldn't stop myself and had to ask for my money because I felt its need. I started to feel as if I was begging for my money. After real bad exchange of words (leaving the saddest rounds of talks away from here), I finally got my money. I swore to god that day, I will never be emotional on someone, whatever happens.


lrhall41

Submitted by ArDeN on Sat, 10/14/2006 - 13:43

( Posts: 496 | Credits: )