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  1. #1
    Respected Member Ako Si Jamie's Avatar
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    Yup, no such thing as loans over there.


  2. #2
    Respected Member imagine's Avatar
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    Quote Originally Posted by Ako Si Jamie View Post
    Yup, no such thing as loans over there.
    Oh yes, there are:

    Teachers' Loans!


  3. #3
    Respected Member imagine's Avatar
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    I do not lend to any of Lolita's family, and they have never asked!

    But what I did do - by my own choice - was, I took over what Lolita was paying her mama and papa for their old age needs, an allowance of 3,000 Php per month. It pays towards their survival, food etc. and isn't really enough for them in my opinion. But I am glad to help. I pay it by my choice. In return, Lolita will get a larger part of land from them, on their deaths. The remaining land will go to her sisters and brothers.

    I employ one of Lolita's brothers and will do for as long as is possible to keep him in employment. He is 100% trustworthy, reliable, honest, a good worker and friend. During my building project, he has been my right arm. Without him, the project would have cost more, taken longer and would have been very hard for me. As a bonus, I let him have my multi-cab which I paid 65,000 peso for and the cost of repairs less than 1 year ago. I asked only 10,000 from him - "the rest", I told him, "is your bonus".

    However, I will not extend this to her other brothers and sisters.


  4. #4
    Trusted Member stevewool's Avatar
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    It is always good to treat people they way they treat you.

    Everyone is not out to get you. And once you have found the person you can trust, look after them. Em's dad is that type of person for me.


  5. #5
    Respected Member Michael Parnham's Avatar
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    Quote Originally Posted by Ako Si Jamie View Post
    Yup, no such thing as loans over there.
    Most people in Philippines live on borrowed money Jamie, and very few pay it back!


  6. #6
    Respected Member imagine's Avatar
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    Quote Originally Posted by Michael Parnham View Post
    Most people in Philippines live on borrowed money Jamie and very few pay it back!
    That's a bit like UK - credit cards, house loans, car loans - but the difference is, they have to be paid back!


  7. #7
    Trusted Member stevewool's Avatar
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    Quote Originally Posted by imagine View Post
    That's a bit like UK - credit cards, house loans, car loans - but the difference is, they have to be paid back!
    Very, very true, paid back one way or another.


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