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Reply #14: anyone struggling financially cannot afford to lend 5 figures worth of money [View All]

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CreekDog Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jan-10-08 07:07 PM
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14. anyone struggling financially cannot afford to lend 5 figures worth of money
listen to your own words.

anyone who would jeapardize their marriage by lending money cannot afford to lend that money.

the money you would lend is probably your emergency money --that is not money to lend out, it is to cover your expenses when trouble arises. after all, you aren't going to be able to borrow a similar amount from them are you?

finally, anyone who needs a 5 figure personal loan is not in a position to pay it back, certainly not in any short term way and most middle class folks aren't in a position to be without that amount of savings in the long term.

and i agree with the sentiment that one shouldn't put a friend in a position by asking them for such a large sum of money.
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