Showing posts with label Money. Show all posts
Showing posts with label Money. Show all posts

Thursday, April 10, 2008

My Friend Who Had Bad Credits

I have a friend who sometime in his life earn more than we could ever earn. He thought it has no end. They spends extravagantly on things not necessary. Whatever his children and wife wants they get it easily without much ado.And the thing is they just keep on renting a house. I could not imagine why they never buy their own house, and I never asked. He never saved money. He owned every credit card there ever was. He loaned and loaned if ever there was a chance. Until recently, he found out he could not cope with the payments and interest of some of his credit cards. Thus, he felt he was doomed, he had bad credit credit cards.

With more foreclosures everywhere, their family considered to buy a house, and this is the best time to own one. But when they checked, lenders won't approve them because of bad credit loans.

He was desperate, until he heard about bad credit loans. Suddenly he felt a new energy bursting from within. He can have the second chance he needed. It is so unique, it caters to different people with different needs and payments could be done at their own pace. This way, the borrower could slowly but steadily stand on their feet again and have the chance to redevelop their future.

Right now, this acquaintance of mine has changed. He now thinks of the future instead of today. Think of the others who will be given the second chance.

Wednesday, October 10, 2007

DEBTS

Why is it people who needs to loan money from another person would do anything just to let them have that much needed loan? Visitations, constant communications, bringing some magazines or a little food here and there. Like a man courting a woman. And yes, the lender would give in and lend money.Some lends without interest or in some cases they give it heartedly.

Eventually, the debtor will get that coveted loan. And after agreeing on the terms and conditions both parties go on their merry way.

What I cannot understand is this, some debtors after getting the loans seemed to have a certain case of amnesia. Sometimes they vanish in thin air, never to be heard or seen again. At times when both parties paths crossed, the person who owes the debt would simply ignore the lender as if he's only some strangers he met.

I cannot imagine myself doing this to the person I owed something. I hope people guilty of such would wake up and be responsible enough for the actions he make. Just imagine yourself in the shoes of the lender. One bad action you make can cause ripple effect. If comes a time you need money badly, nobody would ever let you borrow.

Don't be such a pain in the ass. It's your loss debtor.The world will be a better place without you.

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