Debt. / myLot

Philippines

September 11, 2024 8:06am CST

Left and right. That's the situation of my friend who called me a while ago. She told me she has lots of debts and she tries to loan again to lenders to pay for her debts. Hmmm. That's a cycle. I don't think she will be debt- free in the next few months or so if she will keep doing this. Her husband is the only one working for the family and I don't think her husband know. Good thing she did not borrow money from me. I'm saved.

14 people like this

13 responses

Manuela Lopes

@nela13 (59367)

• Portugal

12 Sep 24

She will never be out of debt if she continues like this. Remember never to lend her money.

1 person likes this

rakski

@rakski (156200)

• Philippines

12 Sep 24

Yes, I'm thinking of that too and yes I will never lend her any

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Manuela Lopes

@nela13 (59367)

• Portugal

12 Sep 24

@rakski that is a smart thing to do for the sake of your money.

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rakski

@rakski (156200)

• Philippines

12 Sep 24

@nela13 even if she asked for it. But it's weird that she is still very composed and still not sounding bothered at all

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Anna

@LadyDuck (502148)

• Italy

11 Sep 24

She should stop to loan to lenders, she will never be debt free.

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Anna

@LadyDuck (502148)

• Italy

12 Sep 24

@rakski I hope, or she will be doomed.

1 person likes this

rakski

@rakski (156200)

• Philippines

12 Sep 24

@LadyDuck I'm thinking of that too

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rakski

@rakski (156200)

• Philippines

11 Sep 24

I told her that too. I hope she listens

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Amber

@AmbiePam (120532)

• United States

11 Sep 24

She is setting herself up for disaster.

1 person likes this

rakski

@rakski (156200)

• Philippines

11 Sep 24

That is for sure.

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Dominique

@dodo19 (48119)

• Beaconsfield, Quebec

11 Sep 24

This is definitely not good. She's setting herself up for not the best kind of situation.

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rakski

@rakski (156200)

• Philippines

11 Sep 24

That is so true

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marguicha

@marguicha (230331)

• Chile

11 Sep 24

i would never lend her. The only thing that helps you with debt is to spend less. And unless you have a real problem (such as a health problem) you can do it.

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marguicha

@marguicha (230331)

• Chile

12 Sep 24

@rakski She doesn´t sound like the kind of people that pay.

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rakski

@rakski (156200)

• Philippines

12 Sep 24

@marguicha true. I do not know what happened to her. And it seems like she is bothered at all with all her debts. I am scared to loan and borrow without my husband knowing. He will be the one paying it

rakski

@rakski (156200)

• Philippines

11 Sep 24

Yes, that's what I my mind too. Good she did not ask me.

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Anish Asokan

@RevivedWarrior (3853)

• India

12 Sep 24

That would not help her on long term . It is vicious circle and it has all probability to get broken . The only way to get out would be to earn another income to reduce some debts and unfortunately she is not working . Her husband is only bread winner and as she is not trying, it is not going to help long term. She does not look to get debt free unless she does any one of these. The same idea was utilized by some scams and it got foiled in a year's time. Never lend her or get involved in financial matters with her.

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@rakski (156200)

• Philippines

12 Sep 24

I agree with you. It will not help her in the long run and their finances will suffer more. I hope she thought about that

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