Unenforceable Credit Agreements

PROLIANT

Soubrette wrote: »

I don't agree with your point of view - or the way you sometimes express it but I like you

Sou

Your "friend" is not helping you - your friend is bullying you, why do you think that is acceptable?

Soubrette

PROLIANT wrote: »

Your "friend" is not helping you - your friend is bullying you, why do you think that is acceptable?

It was a response to the poster I quoted, putting the hypothetical other side of the same story and underlying why lending to a mate is very different from a business agreement with an organisation.

Unless you think that banks are also bullying loan sharks

Sou

Silver_Rocket

PROLIANT wrote: »

Tell the neighbour not to be so stupid and if anybody comes near your home phone the police, in fact keep a hammer next to your door and defend your self with it if you have to.
This is an act of loan sharking and bullying - don not stand for it!

Keep a hammer by the door??????

Sou if you feel threatened call the cops - don't get yourself in trouble with the law for attacking someone with a hammer. Let them deal with it. Don't take matters into your own hands like that.

PROLIANT

Soubrette wrote: »

It was a response to the poster I quoted, putting the hypothetical other side of the same story and underlying why lending to a mate is very different from a business agreement with an organisation.

Unless you think that banks are also bullying loan sharks

Sou

Sorry I thought you were telling us a real story about yourself, people do desperate things to protect their families, however blatant theft of banks money after borrowing from them and choosing not to repay is a little cowardly and weak, if you and your family get in to financial distress there are people out there who can help.

PROLIANT

Silver_Rocket wrote: »

Keep a hammer by the door??????

Sou if you feel threatened call the cops - don't get yourself in trouble with the law for attacking someone with a hammer. Let them deal with it. Don't take matters into your own hands like that.

So you would let somebody harm you and your family by forcing entry in to your home? No chance, hit them and defend yourself, they cross the threshhold they will suffer!

Silver_Rocket

PROLIANT wrote: »

So you would let somebody harm you and your family by forcing entry in to your home? No chance, hit them and defend yourself, they cross the threshhold they will suffer!

There is absolutely no way I would be hitting them with a hammer or advising anyone else to do so.

Total scumbag behaviour.

PROLIANT

Silver_Rocket wrote: »

There is absolutely no way I would be hitting them with a hammer or advising anyone else to do so.

Total scumbag behaviour.

So then let them hit you and your wife and children, it is not scumbag behaviour it is protecting your family and property, the behaviour of the person forcing entry in to your home is that of a scumbag.
You clearly want to coheres me in to an argument every time, I say black, you say white, then you twist things around to put other people in a bad light - are you spin doctor in your spare time Mr Rocket?

Soubrette

I can only apologise that my analogy has been taken as a true story I thought (obviously wrongly) that it was clearly taken as the 'other side' of the story of the person I'd originally quoted.

It really was only meant to underline the point that borrowing from a mate/neighbour/father of a friend of a friend is very different from a legal agreement, in the hope that that strawman would be knocked on the head

In this instance, a bank can do any one of those things that I highlighted and Proliant, you feel that the loan should morally be paid back yet if a neighbour does the same, he is a bully and a loan shark. So even from your point of view they are very different things.

I hope we don't go too off topic now on what is and is not reasonable force in the face of a perceived threat

Sou

TheExpert

Soubrette wrote: »

I borrowed £500 from my neighbour when I was made redundant so that we could afford food for a few weeks, unfortunately we were unable to cancel a big cash purchase we had made just before I was unexpectedly made redundant.

Despite being very sympathetic with the original loan, since then my neighbour has been hassling me for the return of his money - he is continually putting notes through my door and says that each note adds another £12 on my loan.

He said at the start that he would charge a little bit of interest but even though the base rate has gone down, he has increased his interest rate (he said times were hard for everyone).

My original loan has now increased to £900, even though I've paid off £200 of it and he is talking about sending someone round to take my things, I know they're not worth much because I've been trying to sell things myself and getting really low offers due to the current financial climate.

I thought we were mates

Sou

1. When you borrowed the money, your neighbour told you that for every month that you fail to pay him a preagreed minimum sum, you would pay £12 more overall and you agreed to this clause.

2. Your neighbour can see the Sky dish on the back of your house and the two cars parked outside. He also knows that you don't buy "Value" products from supermarkets, opting for better options. He knows that if you wanted and tried hard to make up the cash, you could (release a tiny amount of equity/secured loan?).

3. Two other neighbours in the street also borrowed money off the same person. One of these has run away to a different country and the other doing exactly the same thing as you in not paying the money back. This person that helped you out when you were in need is now £2000 out of pocket. He thinks that it is not fair for him to give you money when you desperately need it under an agreement and you not to pay the small parts of it back every month. Since he is now very short on cash and can barely afford to feed his own family, he has to ask you to give him more money back because YOU did not hold to the agreeement.

You still have repaid only a tiny amount after all this time and due to inflation and the fact that he has had to live without his hard earned money for all these months, it's not unreasonable for him to want some kind of compensation, right?

druss

Oh you two


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