I used to have the same outlook on others that have posted here but I've come to the conclusion that asking for a loan is the very last ditch effort. By asking for a loan you are admitting that you have got yourself in a position which was done via poor money management. The fact that you got yourself into a position where borrowing money was necessary likely means you'll be in that position come repayment time. This isn't always the case obviously but my point is I would have to be at deaths door to request money off anyone else because that's just my moral stand point. As soon as you have borrowed money you are discrediting your name and stating that you are poor at money management. I would be selling personal belongings or working three jobs before I requested money off anyone. Loans are a bad investment too further showing you are bad with money management.
I'll admit that things come up sometimes and really screws your life up but people are abusing loans as a "I need more money this week and I don't want to cut my luxury life out" screw that. Stop eating out live without heating for a month if you have too. Sell your personal belongings before asking anyone for money.
Topic: Is staying out of debt, legitimacy? - page 2. (Read 534 times)
I've come to this question couple times now. I feel one can take on short term debts without it being tied to the person's legitimacy. Borrowing can be a savior in times. Sure, there should be track record and honesty too and that's considered if-to-be fulfilled by the lender.
Yes and no...
a short term bridge to assist with cashflow that is planned is one thing, asking for quick/emergency loans is another. Also early repayments V late - communication V none.
If one is going in and out of debt frequently it is a sign that they are not good at managing their finances and I wouldn't trust such a person with more than 1 satoshi.
Taking out loans of increasing sizes in a short period of time looks suspicious.
Vouching for sockpuppets in order to allow them to obtain loans is a clear indication of bad intentions.
I saw a thread where you were asking for a loan and someone offered to gift you what you were asking for. If you ask for a loan after that it will look very strange.
Vouching for sockpuppets in order to allow them to obtain loans is a clear indication of bad intentions.
I saw a thread where you were asking for a loan and someone offered to gift you what you were asking for. If you ask for a loan after that it will look very strange.
I've come to this question couple times now. I feel one can take on short term debts without it being tied to the person's legitimacy. Borrowing can be a savior in times. Sure, there should be track record and honesty too and that's considered if-to-be fulfilled by the lender.
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