RE: Avoid Risky Loans!
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@jjmusa2004 I agree with your point of view. Although we are intelligent and rational about financial matters, sometimes it's difficult to refuse when close friends or family members request a loan from us. Things will go smoothly if the borrower repays the exact amount and on time. However, in some cases, there are individuals who take advantage of our kindness to delay repayment or even have no intention of returning the money to us.
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Thank you friend!
It's the bitter experiences we have with others that make us cautious of future lendings. We cannot satisfy everyone and as such, we do not need to give out all the money being sought. Personally I have a benchmark for loans I can give such that if it's not returned, it's something I can let go.
Thank you once again my friend