Home › Forums › Financial Markets/Economics › A close friend/relative wants to borrow money. What do you do?
- This topic has 205 replies, 33 voices, and was last updated 13 years, 8 months ago by danielwis.
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April 15, 2008 at 2:19 PM #187747April 15, 2008 at 2:33 PM #187712AnonymousGuest
Ditto public defender. As long as you won’t be angry when someone doesn’t pay you back, loan away.
April 15, 2008 at 2:33 PM #187730AnonymousGuestDitto public defender. As long as you won’t be angry when someone doesn’t pay you back, loan away.
April 15, 2008 at 2:33 PM #187760AnonymousGuestDitto public defender. As long as you won’t be angry when someone doesn’t pay you back, loan away.
April 15, 2008 at 2:33 PM #187771AnonymousGuestDitto public defender. As long as you won’t be angry when someone doesn’t pay you back, loan away.
April 15, 2008 at 2:33 PM #187775AnonymousGuestDitto public defender. As long as you won’t be angry when someone doesn’t pay you back, loan away.
April 15, 2008 at 2:46 PM #187722sandiegoParticipantI have a similar predicament.
This stripper that I am “seeing” needs a new set of cans. After 15 years of working the brass pole, her 34 C’s have transformed into 34 longs. She wants me to loan her $10,000. She thinks that with a fresh set of bolt-on’s, she will be able to pay me back in 6 months.
Should I pour another $10,000 into a 35 year old stripper or should I pick out a newer 1980’s model?
April 15, 2008 at 2:46 PM #187741sandiegoParticipantI have a similar predicament.
This stripper that I am “seeing” needs a new set of cans. After 15 years of working the brass pole, her 34 C’s have transformed into 34 longs. She wants me to loan her $10,000. She thinks that with a fresh set of bolt-on’s, she will be able to pay me back in 6 months.
Should I pour another $10,000 into a 35 year old stripper or should I pick out a newer 1980’s model?
April 15, 2008 at 2:46 PM #187770sandiegoParticipantI have a similar predicament.
This stripper that I am “seeing” needs a new set of cans. After 15 years of working the brass pole, her 34 C’s have transformed into 34 longs. She wants me to loan her $10,000. She thinks that with a fresh set of bolt-on’s, she will be able to pay me back in 6 months.
Should I pour another $10,000 into a 35 year old stripper or should I pick out a newer 1980’s model?
April 15, 2008 at 2:46 PM #187781sandiegoParticipantI have a similar predicament.
This stripper that I am “seeing” needs a new set of cans. After 15 years of working the brass pole, her 34 C’s have transformed into 34 longs. She wants me to loan her $10,000. She thinks that with a fresh set of bolt-on’s, she will be able to pay me back in 6 months.
Should I pour another $10,000 into a 35 year old stripper or should I pick out a newer 1980’s model?
April 15, 2008 at 2:46 PM #187784sandiegoParticipantI have a similar predicament.
This stripper that I am “seeing” needs a new set of cans. After 15 years of working the brass pole, her 34 C’s have transformed into 34 longs. She wants me to loan her $10,000. She thinks that with a fresh set of bolt-on’s, she will be able to pay me back in 6 months.
Should I pour another $10,000 into a 35 year old stripper or should I pick out a newer 1980’s model?
April 15, 2008 at 3:14 PM #187732daveljParticipantsandiego, I found your post to be uplifting. *Ba dum chhhh*
Two things…
One, does she have to go to a Plastic Surgeon to the Stars? $10K seems pretty steep for a new set of cannons. Here in SD there are many a good surgeon who will do this for $6K or so.
Second, if she can pay you back in “6 months” – let’s take her at her word – then she can put this procedure on a credit card and pay off the balance in, say, 7 months (adding in the impact of interest). Even at a high rate of interest, paying a loan off in 6 months doesn’t result in a very high dollar amount of interest paid (because the amortization is so rapid).
Lemme guess… her credit’s shot and she’s maxed out her credit cards…
April 15, 2008 at 3:14 PM #187749daveljParticipantsandiego, I found your post to be uplifting. *Ba dum chhhh*
Two things…
One, does she have to go to a Plastic Surgeon to the Stars? $10K seems pretty steep for a new set of cannons. Here in SD there are many a good surgeon who will do this for $6K or so.
Second, if she can pay you back in “6 months” – let’s take her at her word – then she can put this procedure on a credit card and pay off the balance in, say, 7 months (adding in the impact of interest). Even at a high rate of interest, paying a loan off in 6 months doesn’t result in a very high dollar amount of interest paid (because the amortization is so rapid).
Lemme guess… her credit’s shot and she’s maxed out her credit cards…
April 15, 2008 at 3:14 PM #187782daveljParticipantsandiego, I found your post to be uplifting. *Ba dum chhhh*
Two things…
One, does she have to go to a Plastic Surgeon to the Stars? $10K seems pretty steep for a new set of cannons. Here in SD there are many a good surgeon who will do this for $6K or so.
Second, if she can pay you back in “6 months” – let’s take her at her word – then she can put this procedure on a credit card and pay off the balance in, say, 7 months (adding in the impact of interest). Even at a high rate of interest, paying a loan off in 6 months doesn’t result in a very high dollar amount of interest paid (because the amortization is so rapid).
Lemme guess… her credit’s shot and she’s maxed out her credit cards…
April 15, 2008 at 3:14 PM #187792daveljParticipantsandiego, I found your post to be uplifting. *Ba dum chhhh*
Two things…
One, does she have to go to a Plastic Surgeon to the Stars? $10K seems pretty steep for a new set of cannons. Here in SD there are many a good surgeon who will do this for $6K or so.
Second, if she can pay you back in “6 months” – let’s take her at her word – then she can put this procedure on a credit card and pay off the balance in, say, 7 months (adding in the impact of interest). Even at a high rate of interest, paying a loan off in 6 months doesn’t result in a very high dollar amount of interest paid (because the amortization is so rapid).
Lemme guess… her credit’s shot and she’s maxed out her credit cards…
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