Viewing 11 posts - 1 through 11 (of 11 total)
  • Not quite seeing the logic here…
  • stevestunts
    Free Member

    Tell me if this scenario makes any more sense to you than it does to me.

    You want to borrow £100 from me, and pay me back a tenner a week. I’ll charge you £10 for the lend, so that’s eleven weeks of ten pounds a week repayments.

    We both know that you’re going to be a bit skint for the first two weeks of repayment, but you’ve wisely already saved £20 to cover the two repayments in that period. However, I’m unsettled by that initial two week period of skintness, so I want the £20 upfront.

    The thing is, I also want you to pay me the £10 per week in those first two weeks, despite knowing that you can no longer do this because I’ve taken your £20 savings off you. I’ll give your £20 back in week three, as long as I get my £10 per week in the first two weeks. You’ll then keep paying £10 per week until the £110 is paid back.

    By the way, if you miss a payment, I take my £100 back, boot you really hard in the nuts and no-one will ever lend you money again.

    Seems well thought-out, right? My mortgage lender seems to think so 😕

    jambourgie
    Free Member

    Umm

    Drac
    Full Member

    42.

    avdave2
    Full Member

    Wow that’s a cheap house – I could probably buy that for cash.

    jools182
    Free Member

    spawnofyorkshire
    Full Member

    Not quite seeing the logic here…

    Yeah, why use some odd story of borrowing money from a friend when you could have just told us it was about your mortgage?
    Either that or be funny about it or get DeAD RANTY and SwaerY!!!

    2/10

    sandwicheater
    Full Member

    You had me lost at £100

    BoardinBob
    Full Member

    Did you use Paypal gift?

    Mr_C
    Free Member

    You are Billy Bleach and I claim my £10

    [video]http://www.youtube.com/watch?v=y6QgHUJIQ5Q[/video]

    ChubbyBlokeInLycra
    Free Member

    Pay what?

    imnotverygood
    Full Member

    Have you ever considered a career in False Analogy?

Viewing 11 posts - 1 through 11 (of 11 total)

The topic ‘Not quite seeing the logic here…’ is closed to new replies.