Would you loan him money?

Would you loan him money?
by

1 Answer

Answer :

Never lend what you can’t afford to not have repaid.
by

Related questions

If a person you owe money to has died, and the deceased DID NOT have a will, do you still have to pay back the loan?

Description : If a person you owe money to has died, and the deceased DID NOT have a will, do you still have to pay back the loan?

Last Answer : You still owe the estate. The court will decide who gets the money but the debt is property of the estate.

"Loan declared a loss" by bank?

Description : "Loan declared a loss" by bank?

Last Answer : It means the holder of your note has been able to write it off by taking a loss on it as a bad debt, I suggest you get a credit report and then talk to a credit counselor on how to repair your credit now that you can pay it back.

How can I increase my student loan?

Description : How can I increase my student loan?

Last Answer : You can apply for a new student loan in another jurisdiction.

Is there a benefit to making a principle only payment on a simple interest loan?

Description : Is there a benefit to making a principle only payment on a simple interest loan?

Last Answer : Paying extra principle will reduce your interest costs. Sometimes the reduction is in the next payment, but there is always a reduction at the end.

Where can I get a loan without opening an account?

Description : Where can I get a loan without opening an account?

Last Answer : How do you figure on getting a loan without opening an account with the lender?

How can I get a student loan?

Description : How can I get a student loan?

Last Answer : Do you live in the US?

Does usury apply to private people entering noncommercial loan deals?

Description : Does usury apply to private people entering noncommercial loan deals?

Last Answer : answer:There is a lot of distracting verbiage there, but I assume you are asking about the usury laws in the US for private parties? It varies by state but is regulated. Usury laws:

Best way to get a (same day) loan?

Description : Best way to get a (same day) loan?

Last Answer : answer:Possible but not probable, depending on your credit history, income verification, etc. Your best bet is a personal loan if you want immediate approval. I’ll loan you 2k, at 10% interest. lol ;-)

Would it make sense for me to pay off a loan with another?

Description : Would it make sense for me to pay off a loan with another?

Last Answer : You should pay off the loan with the higher interest rate first.

Does anyone know a good organization for Payday Loan Consolidation?

Description : Does anyone know a good organization for Payday Loan Consolidation?

Last Answer : answer:First, you cannot rob Peter to pay Paul. payday loans are money-suckers. pardon my language, but you will get a better deal at a pawn shop. being behind on one payment makes it a penalty and you ... order to get caught-up in your payments. Scratch payday loans off your list. it's a no-no!

Will I get approved for a loan for a boat?

Description : Will I get approved for a loan for a boat?

Last Answer : It is hard to tell. perhaps your best bet would be a loan from a credit union. The interest rate would likely be lower too.

How can I get out of my car loan?

Description : How can I get out of my car loan?

Last Answer : No. Believe me, I've tried. I purchased a car with my then-boyfriend, and when he dumped me, he stuck me with the car since everything was in my name. I'm stuck paying for it. Unless you can find a ... pay off the loan, or you get in with a dealer while they're having a pay-off deal, you're stuck.

What is a good place to get a co-op mortgage loan?

Description : What is a good place to get a co-op mortgage loan?

Last Answer : I got a mortgage for my co-op from CitiMortgage - citimortgage.com - which is a division of CitiBank. I don't know where you live, but they apparently do a large portion of the mortgages on apartments in manhattan (where I live), which are primarily co-ops.

Where can I find a loan repayment contract?

Description : Where can I find a loan repayment contract?

Last Answer : answer:If I was you I would check to see how much it would be to have a local lawyer draft it. Laws vary by state so it would be better to have someone familiar with local laws write it.. I'm ... would just write up one with as many details as possible. For 2K you will end up in small claims court.

Where is the best place to get an unsecured personal loan for debt consolidation of around $19k?

Description : Where is the best place to get an unsecured personal loan for debt consolidation of around $19k?

Last Answer : You might want to check out Propser, a peer-to-peer lending site.

If you are on a budget, and are having a hard time paying off debt. Is consolidating your debt with a loan a good option?

Description : If you are on a budget, and are having a hard time paying off debt. Is consolidating your debt with a loan a good option?

Last Answer : Not always. Sometimes it just aggravates the problem. See a debt counselor first.

How can you refinace your car loan, which is at 10%. When you have a credit score under 690, and your bank already told you no?

Description : How can you refinace your car loan, which is at 10%. When you have a credit score under 690, and your bank already told you no?

Last Answer : Do you have a credit union? If you have automatic payroll withdrawal, maybe. For a bad credit score, 10% is not a bad rate.

A minor was facing a criminal prosecution for smuggling drugs. He borrowed Rs. 5000 to hire an advocate to defend him in the court of law. What is the remedy available to the creditor if the minor does not return the money on his own? A. The creditor cannot recover the amount from the minor since a contract with a minor is void ab initio B. The amount of loan can be recovered from minor’s property since it is a loan for necessaries C. The creditor can recover his amount of loan from the minor on his (minor’s) attaining the age of majority D. The creditor can recover his amount from the parent or guardian of the minor

Description : A minor was facing a criminal prosecution for smuggling drugs. He borrowed Rs. 5000 to hire an advocate to defend him in the court of law. What is the remedy available to the creditor if the ... the age of majority D. The creditor can recover his amount from the parent or guardian of the minor

Last Answer : A. The creditor cannot recover the amount from the minor since a contract with a minor is void ab initio

How can I save money on transportation?

Description : How can I save money on transportation?

Last Answer : Here are some ways to save money on transportation: Use public transportation: Taking public transportation can be cheaper than driving or taking a taxi, especially if you're traveling frequently. ... Remember to always plan ahead, look for discounts and be mindful of your transportation choices.

How can I save money on groceries?

Description : How can I save money on groceries?

Last Answer : Here are some ways to save money on groceries: Make a grocery list: Before you go shopping, make a list of the items you need and stick to it. This will help you avoid impulse buys and ... to always compare prices and look for discounts, and you'll be able to stretch your grocery budget further.

Have you ever made use of the option to withdraw money from your bank account at the supermarket checkout?

Description : Have you ever made use of the option to withdraw money from your bank account at the supermarket checkout?

Last Answer : Yes. It costs me 50 cents to make a withdrawal of any amount of money in excess of my bill. I have done it a few times for the convenience, but I hate paying a fee.

What are some ways to make money?

Description : What are some ways to make money?

Last Answer : Do you have any Art skills. I see university Fine art students who probably graduated recently or in the last two years are now making How to draw ( watercolor, Acrylic painting and so on) while others ... stages . Anything tht you want ot know how to do is on youtube now and not all are experts.

Do some people become richer because they manage money better?

Description : Do some people become richer because they manage money better?

Last Answer : Several wealthy people I've known have given me tips on keeping money over the years. One man who owned a company and fleet of vehicles, told me he only keeps liability on all his vehicles because ... the lot. Dave Ramsey says NEVER lease a vehicle, it's the dumbest move you can make financially.

Where do you keep money to prevent yourself from being tempted in spending it?

Description : Where do you keep money to prevent yourself from being tempted in spending it?

Last Answer : In a savings account. Then I hide it from my online banking.

With printing your own money being illegal, what legal arguments would the state use to criminalise you, if you had the technology to transmutate literal dirt into gold?

Description : With printing your own money being illegal, what legal arguments would the state use to criminalise you, if you had the technology to transmutate literal dirt into gold?

Last Answer : Since gold is not money, it isn't a matter of counterfeiting. But true transmutation would mean that the gold produced from dirt would be indistinguishable from gold mined in the traditional ... like someone finding an alternative way to mine bitcoins at 1/1000th the necessary computing work.

If you found money while being out in public, what would the amount have to be, before you decided to turn it in vs keeping it?

Description : If you found money while being out in public, what would the amount have to be, before you decided to turn it in vs keeping it?

Last Answer : More than $20. In my old job my bosses wife dropped a pile of cash and a cheque out side of the store. I returned it to her.

Have you successfully retrieved money from a fraud claim you filed on your debit card?

Description : Have you successfully retrieved money from a fraud claim you filed on your debit card?

Last Answer : I did. It took a few days, but I only dealt with my bank. Actually, the bank had called me first, suspecting that the transaction was fraudulent.

How did Epstein get all that money?

Description : How did Epstein get all that money?

Last Answer : Did you ask Google? He was untouchable because he had all that money.

Your father has died, and his will stipulates, that you must infect yourself with HIV, in order to get the money. You agree to the terms. How much money did you inherit?

Description : Your father has died, and his will stipulates, that you must infect yourself with HIV, in order to get the money. You agree to the terms. How much money did you inherit?

Last Answer : So, what, we just make up a number here? In that case I inherited $1 trillion USD.

What happens if a mentally incompetent or mentally challenged adult, who is not in charge of their money (or has a legal guardian) wins a large sum of money?

Description : What happens if a mentally incompetent or mentally challenged adult, who is not in charge of their money (or has a legal guardian) wins a large sum of money?

Last Answer : A conservator handles the money, for the benefit of the individual. That is overseen by an agency or a court.

Anyone pull their money out of the market before this latest tumble?

Description : Anyone pull their money out of the market before this latest tumble?

Last Answer : I don't understand much about finances and/or financial markets, but what I heard is that analists are scratching their heads over what Mnuchin has done over the last day(s) (calling 6 CEO's of big banks, and trying ... are not yet at their lowest. If I had money (I don't) I would wait a few days.

How do you get money paid to you from Paypal?

Description : How do you get money paid to you from Paypal?

Last Answer : You would have to transfer the money that paypal owes to the bank.

How do I get access to my own money?

Description : How do I get access to my own money?

Last Answer : The easiest way would be to open another account in the same bank and simply transfer funds but that will only work if you are a signatory on the existing account; if you are not, you don't have access ... have an ID first and are going to catch grief with your father. How much heat can you stand?

What will the society be like if there is no money transaction, but using skill trading instead?

Description : What will the society be like if there is no money transaction, but using skill trading instead?

Last Answer : There has to be some sort of money for modern society to work. Bartering or skill trading can work on a very local level, but if you want to buy goods on the internet you're going to need more ... like Star Trek-well, that would be really something to see. But, that isn't really bartering either.

What will be the format of money exchange with aliens in future?

Description : What will be the format of money exchange with aliens in future?

Last Answer : What ever is rare at the time. Antimatter is the most expensive matter now. $65 trillion us dollars per gram.

How much money did the owner lose?

Description : How much money did the owner lose?

Last Answer : $200 or a bit less. $100 from the theft $ 30 in change $ 70 for the value of the goods (although technically a little less because owner bought the goods at a discount and marked up the price to $70). For all intents and purposes the owner is out close to $200.

Hello. I live in Bulgaria. Our familly is poor and I don't have very much money. I'm 15 years old and I don't think it's legally to work. What ways you know for earning money?

Description : Hello. I live in Bulgaria. Our familly is poor and I don't have very much money. I'm 15 years old and I don't think it's legally to work. What ways you know for earning money?

Last Answer : Perform a service. Landscaping House cleaning Child care Programming Fast food You know best what is needed in your area. Look around.

What do you think about moving some money into CD’s?

Description : What do you think about moving some money into CD’s?

Last Answer : That seems a bit old fashioned. Why not BluRay instead?

Why do men spend SO much more money than women on their prostates?

Description : Why do men spend SO much more money than women on their prostates?

Last Answer : Because women have an analogous, but not nearly as important, gland, but only men truly have a prostate. And the prostate has all kinds of interactions with both men’s sexual health and their urinary tract.

If you have adult children, and they ask to borrow a large sum of money, do you expect to get it back?

Description : If you have adult children, and they ask to borrow a large sum of money, do you expect to get it back?

Last Answer : Well, my daughter is not an adult yet (she's 15), but I have a simple rule about money that I'll probably apply to her too. I do not loan anyone money. If I can afford it, I will give it ... cannot. I've seen far too many examples of loans that just lead to all sorts of drama and hurt feelings.

Is it wrong to accept money from your preacher?

Description : Is it wrong to accept money from your preacher?

Last Answer : Nope! Take all the money

Should we ask for gas money?

Description : Should we ask for gas money?

Last Answer : I just had a similar situation in which I was sick and my brother had to haul me around. He drives a truck which is a gas hog and I have a car. I gave him my car to use and I also paid for the gas. It worked out good for us.

Can you send money to someone that doesn't have a bank account?

Description : Can you send money to someone that doesn't have a bank account?

Last Answer : You can send cash per mail.

What is the most money that you have ever held on your hands, or had in your possession?

Description : What is the most money that you have ever held on your hands, or had in your possession?

Last Answer : Don’t recall, I’m usually so broke I can’t pay attention.

How much money would someone have to pay you to agree to this?

Description : How much money would someone have to pay you to agree to this?

Last Answer : Let us be sneaky and say: “200% of the entirety of what they earn from selling that information.”

How much money should a 22 year old have ?

Description : How much money should a 22 year old have ?

Last Answer : Good start. I think I had $1,000 saved by the time I was 22. Where did you get 20K?

What pushes people to pay excessive amounts of money for phones/other technology?

Description : What pushes people to pay excessive amounts of money for phones/other technology?

Last Answer : It's easy, perhaps tempting, to brush this sort of thing off as a status symbol. Sure it is for some. And some actually benefit through business associate respect that comes with such a thing. ... also wants a little taste of experiencing the best of what human creation can offer during his time.

If you could have as much land as you wanted, and money was no object, how would you landscape it?

Description : If you could have as much land as you wanted, and money was no object, how would you landscape it?

Last Answer : A super big telescope. A dark sky preseve. An adult obstical course / parkour training area. Climbing wall and strawberry and random fruit fields. Bbq area. Super fast internet. The Real Fluther ... gear and and independent living supplies. A well stocked library both paper and digital media info.

How much money would it take you to go crazy with wealth?

Description : How much money would it take you to go crazy with wealth?

Last Answer : I honestly don’t think that it would.

How do I send money to a loved one in the Philippines?

Description : How do I send money to a loved one in the Philippines?

Last Answer : If he has access to a bank account from a bank which has a branch where you live, call them and see if they allow people to deposit money into other people's accounts. If so, have him tell you (over the ... wire transfer (takes a few hours, high fees) * Paypal (7 day delay, fee) * mail him a check