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Joined: Feb 2012
Posts: 816
Campfire Regular
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Campfire Regular
Joined: Feb 2012
Posts: 816 |
Rules to live by: Never loan money, tools nor books. That’s what banks, Harbor Freight and libraries are for.
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Joined: Oct 2007
Posts: 14,275
Campfire Outfitter
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Campfire Outfitter
Joined: Oct 2007
Posts: 14,275 |
Its all right to be white!! Stupidity left unattended will run rampant Don't argue with stupid people, They will drag you down to their level and then win by experience
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Joined: Jul 2009
Posts: 1,413
Campfire Regular
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Campfire Regular
Joined: Jul 2009
Posts: 1,413 |
Neither a borrower nor a lender be.
"Guard with jealous attention the public liberty. Suspect everyone who approaches that jewel. Unfortunately, nothing will preserve it but downright force. Whenever you give up that force, you are inevitably ruined.”
Patrick Henry
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Joined: Oct 2006
Posts: 4,236
Campfire Tracker
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Campfire Tracker
Joined: Oct 2006
Posts: 4,236 |
Early in married life, we borrowed $100 from bride's parents. They were surprised when they were repaid the next week. We borrowed $400 from my parents for an unexpected car repair. They were reimbursed within a month. Any other loans we took out were through banks, credit unions & etc and ALL have been paid back on time or before.
We "loaned" money to both our kids to help them buy vehicles with the "promise" they would pay us back over the course of a flexible time frame with no interest. Never saw a nickle from either one. Didn't press it either. But still have a sour taste in my mouth.
Obviously, we are still kicking, so the kid deals didn't bankrupt us. I was told a long time ago to not loan money to anybody you cannot do without if it is not paid back. And, don't borrow money from anybody YOU cannot pay back.
Someday I hope to be the person my dogs think I am . . . The only true cost of having a dog is its death. Someone once said "a nation of sheep will beget a government of wolves." Shiloh Sharps . . . there is no substitute. NRA Endowment Member
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Joined: Aug 2017
Posts: 9,083 Likes: 3
Campfire Outfitter
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Campfire Outfitter
Joined: Aug 2017
Posts: 9,083 Likes: 3 |
Don't do money with friends.
I'll pay, you can pay or we'll split it up, but I'm not lending and I'm not asking you to lend.
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Joined: Feb 2013
Posts: 21,807 Likes: 8
Campfire Ranger
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Campfire Ranger
Joined: Feb 2013
Posts: 21,807 Likes: 8 |
You have every right to ask...
We keep a couple of cars to loan out to folks (hard times... their car/truck is in the shop... kinda thing).
Loaned one out for "a couple of weeks"... 7 months ago... Finally got it back a month ago... AFTER PRESSING THE TOPIC FOR A MONTH.
Don't be impressed... the loaners ain't top notch... just reliable beaters. Hope you have good liability insurance. We do, but I doubt it would ever be needed.
If you are not actively engaging EVERY enemy you encounter... you are allowing another to fight for you... and that is cowardice... plain and simple.
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Joined: Jan 2002
Posts: 10,607
Campfire Outfitter
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Campfire Outfitter
Joined: Jan 2002
Posts: 10,607 |
The problem with loaning cars and trucks is that you are liable for accidents. Suppose that hey kill someone while under the influence and you get sued for millions. Your loan could be pretty expensive for you.
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Joined: Feb 2013
Posts: 21,807 Likes: 8
Campfire Ranger
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Campfire Ranger
Joined: Feb 2013
Posts: 21,807 Likes: 8 |
The problem with loaning cars and trucks is that you are liable for accidents. Suppose that hey kill someone while under the influence and you get sued for millions. Your loan could be pretty expensive for you. Same thing if the loan is a hammer.
If you are not actively engaging EVERY enemy you encounter... you are allowing another to fight for you... and that is cowardice... plain and simple.
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Joined: Sep 2011
Posts: 60,941 Likes: 15
Campfire Kahuna
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Campfire Kahuna
Joined: Sep 2011
Posts: 60,941 Likes: 15 |
Hard to be in business without some losses.
These premises insured by a Sheltie in Training ,--- and Cooey.o "May the Good Lord take a likin' to you"
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Joined: Jun 2001
Posts: 10,790 Likes: 1
Campfire Outfitter
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Campfire Outfitter
Joined: Jun 2001
Posts: 10,790 Likes: 1 |
If I loan it, I don't expect it back...therefore rarely I loan money.
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Joined: Mar 2010
Posts: 1,579
Campfire Regular
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Campfire Regular
Joined: Mar 2010
Posts: 1,579 |
How close to Deadwood do you live? Talk to Dan and Mr Wu.
There is no retreat but in submission and slavery!
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Joined: Jan 2017
Posts: 8,917 Likes: 2
Campfire Outfitter
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Campfire Outfitter
Joined: Jan 2017
Posts: 8,917 Likes: 2 |
Don't have much I don't need or want. If I loaned it then I wouldn't have it when I need it. You want a loan go to the bank they are used to getting fugged in the butt. Rules to live by: Never loan money, tools nor books. That’s what banks, Harbor Freight and libraries are for. You forgot dogs, women ,and guns you some kind a liberal? Mb
" Cheapest velocity in the world comes from a long barrel and I sure do like them. MB "
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Joined: Dec 2013
Posts: 23,686 Likes: 1
Campfire Ranger
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Campfire Ranger
Joined: Dec 2013
Posts: 23,686 Likes: 1 |
You have every right to ask...
We keep a couple of cars to loan out to folks (hard times... their car/truck is in the shop... kinda thing).
Loaned one out for "a couple of weeks"... 7 months ago... Finally got it back a month ago... AFTER PRESSING THE TOPIC FOR A MONTH.
Don't be impressed... the loaners ain't top notch... just reliable beaters. Loaned a guy a truck when he hit a deer and totaled his. Year and a half and 40,000 miles later, we were settling up on a project we worked on together and I said here’s your half the profit minus the $5k for the truck you bought off me, here’s the title.
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Joined: Dec 2019
Posts: 3,039 Likes: 4
Campfire Tracker
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Campfire Tracker
Joined: Dec 2019
Posts: 3,039 Likes: 4 |
Hey, it’s almost the end of the month and I have to true up my accounts, can I get your half of the XYZ we bought?
P Best answer by far. Just be pleasant and direct. Keep emotion (good or bad) OUT of the discussion. Don’t waffle or apologize for asking. If this is not possible, then you made a terrible mistake doing the deal.
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Joined: Apr 2011
Posts: 151,770 Likes: 17
Campfire Savant
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Campfire Savant
Joined: Apr 2011
Posts: 151,770 Likes: 17 |
A friend would be letting you know where he stands on the issue. I hate owing people money.
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Joined: Feb 2010
Posts: 16,091
Campfire Ranger
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Campfire Ranger
Joined: Feb 2010
Posts: 16,091 |
I usually only "loan" people I don't like $20. They go away. That’s my philosophy. I never loan money. I’ll give it, but never expect it back. I’m not worried about the money, but if you promised to pay me back and don’t, you’ve lied to me. That eats at me something fierce.
Last edited by gregintenn; 03/17/24.
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Joined: Aug 2015
Posts: 13,244 Likes: 1
Campfire Outfitter
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Campfire Outfitter
Joined: Aug 2015
Posts: 13,244 Likes: 1 |
The problem with loaning cars and trucks is that you are liable for accidents. Suppose that hey kill someone while under the influence and you get sued for millions. Your loan could be pretty expensive for you. Same thing if the loan is a hammer. You pay liability insurance on your hammers?
Let's Go Brandon! FJB
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Joined: Jan 2012
Posts: 67,176 Likes: 38
Campfire Kahuna
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Campfire Kahuna
Joined: Jan 2012
Posts: 67,176 Likes: 38 |
Pliers and a blowtorch time
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Joined: Feb 2013
Posts: 21,807 Likes: 8
Campfire Ranger
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Campfire Ranger
Joined: Feb 2013
Posts: 21,807 Likes: 8 |
The problem with loaning cars and trucks is that you are liable for accidents. Suppose that hey kill someone while under the influence and you get sued for millions. Your loan could be pretty expensive for you. Same thing if the loan is a hammer. You pay liability insurance on your hammers? We keep an Umbrella policy... so yes we do.
If you are not actively engaging EVERY enemy you encounter... you are allowing another to fight for you... and that is cowardice... plain and simple.
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