A person who borrows money and refused to pay back can be termed a dishonest person... We must learn to understand something when it comes to obtaining a loan from friends...
There are 3 rules i think people should always put into consideration before they borrow money...
- Do not borrow money if you do not have the means to pay it back.
- When you borrow the money, pay it back at the stipulated time.
- In case of any setback, do not ghost the person who lends you the money, instead message them, explain the reason why and set a new date to pay the money...
Many people are guilty of the first rule I mentioned, taking loans when they do not have the means to pay back, and in the end, they will start running helter-skelter to avoid the person who gives them the loan, some people don't even care instead they will turn it to a fight the moment you demand for your money.
I have been a victim of loaning people money and them failing to pay it back, in fact, it has happened to me countless times but that did not stop me from helping others who need help in the form of loans except I don't really have it...
I don't lend money to people I do not know except if their story is really touching and believable or probably my spirit just kinda feels like giving it to the person, but when it comes to friends that I relate with and they need help, I can't turn a blind eye to that, it may not be the total amount they need but I won't let them return the same way they came to seek for my help...
If they fail to return the money, I will not ask them for it, some people are so foolish to think you would forget that you lend them money, like for real? I lend you money for me to forget about it? just like that? 🤣 I just hate bugging people for my own money and if they end up not paying it back, that is good riddance because such a person will never be able to borrow another money from me again...
This goes to my blood sister and it was 150 000 naira, I knew it was lost money even before I loaned her the money because my instinct tells me she was not going to pay it back and I was right but I have no choice but to give her
She paid 30 000 naira and she stopped paying, what you already know can't pain you right, she gave me excuses and said she was going to pay later, we both know she was not saying the truth and she was not going to pay it lol..
Anyway that does not mean if she comes again for a loan that I still won't lend her, because she is a family and rules are broken for them because they would do the same for us....
Another loan that didn't go well happened one morning like that, I got a message from this person on WhatsApp and he needed 30 000 naira which he promised to pay back in a week's time, being an assistant pastor in the church I attend, I didn't want to refuse a man of God, so I gave him the loan, after one week, he didn't message me, nor did he call me, I was not attending church program at that moment but when I eventually did, we saw each other and he didn't say anything about the money he borrowed, like for real?
Anyway I didn't ask him either but that act of his closed my door to his whole family, I normally give his wife money like 10k, or 5k if she asks me, I stopped doing that and I also stop answering his son dm on WhatsApp..
I lost 30 000 naira but I get to know the kind of person he is and it also allows me to be able to avoid him and his family without feeling any remorse...
This happened last month, so this girl messaged me on WhatsApp, she is a friend of my nephew and I have her on my Whatsapp contact... She said she wanted to start selling cloth but she needs capital to start it and she wants me to loan her 20 000 naira which she is going to be paying back 5 000 naira weekly...
I was reluctant to lend her the money and that is because she is not working and the only means of getting back my money is if the business she is planning to start works out, that is not in my favor as I have to start praying for her business to be successful so she can pay me lol..
I told her I do not have the money yet but I will get back to her, I actually needed time to think if I should loan her the money or not knowing I could lose in the end, I love the fact she wants to be independent and also have a source of income so I made up my mind to lend her 15k instead of the 20k she asked for....
Fortunately, the business was a success, she paid back 5 000 weekly as promised even though the last payment took an extra two days but she successfully paid all she owed and I am impressed with her...
Her business is moving and I am glad I borrowed her the money to start it...
Just call me Burl.
I am a professional gamer, motivational speaker and a crypto enthusiast
Discord: burlarj#8326
Twitter id: burlarj1
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God exists, I am a living testimony
Giving up is not an option, every hustler has a payday
Don't wish for it, Make it happen
