RM20K loan in debt. That's all for now.

big farking NO.

u wanna do it behind ur wife's back - NO

u wanna pay back without interest? - NO

u wanna pay back in a few years? - NO

go get from your own parents or siblings.

u are gonna spoil ur trust with ur wife, and her relationship with her mum. you are hiding this from your wife, is it because of ego? looks to me u are preying on ur MIL.. If its not for anything stupid, i think u can discuss with ur wife and work it out. ur wife got savings to help u? or she helped u too much and now u dont want to let her know because she gonna hentam u?





EDIT : Ok, at least u come to ur senses and not borrowing. good luck, hope its not ahlong debt.

This post has been edited by pisces88: Oct 22 2020, 06:30 PM

Hopefully is not along debt.

Is the creditor chasing you for repayment, otherwise work out an installment plan.

Worst, sell your car if can cover the debt.

no it's from bank.

Bank loan 20k? Bank now offer crypto????

Even ypur wife don't trust you with lots of money. Should be something.

if u need zero interest, use balance transfer from bank up to 1 year. or 7% one time off fee from public bank for 3 years.

can explain more about how both works?

kawan. the key to a healthy relationship is honesty.

sounds like u need to have heart to heart talk with ur wife regarding ur financial issue.

Tell your wife and you are dead for sure.

Even if you confess to her...she might still stick around, but u will never have a same wife again...

Best settle with MIL and payback fast

10000 or 99999 first?
Also why you borrow from your wife mom when you dont even tell your wife. Like dat no back bone. You better tell your wife first or else later she find out she will chop you

Somethimg is not right with your story.

If you cannot afford anymore loan, how can you even consider balance transfer ?

This post has been edited by mini orchard: Oct 22 2020, 07:44 PM

I don't know what 'balance transfer' means.

I explain...

Is to 'borrow' from another credit card bank to pay your current bank cc outstanding. One time interest applicable.

The minute you default, penalty interest apply.

This post has been edited by mini orchard: Oct 22 2020, 07:52 PM

I see... better not, cc interest very high. My current loan is PL.

Work part time after work and weekend to earn money to pay your PL.

Do something on your own to sort it out. At least your wife will understand instead of relying on others to sort it out for you. She be angry and upset, but things will cool down after you settle your loan and DONT repeat.

better borrow from banks than family members, even if your MIL is fine with it now, can you be sure that she won't be in a few years or months time?

treat the interest from banks as punishment for your mistake, will make you more cautious in your future investment, now it seems you are being bailed out with minor repercussion.

with your mindset (MIL are able to afford it), can you make certain that you won't do the same mistake again?

What have you done, young man? If it's 20k PL from bank, I assume they've checked your details even before approval is given? What puts you in such desperate situation right now? Did you lose your income?

The quote below most reflect the reply I'd have given you.
1. Never go behind your wife's back. You start this little thing then it grows bigger and when you realize what happened, you've messed up the relationship.

2. Never even borrow money from family members if possible. Worse if elderly. Everything comes with a price and don't even let me begin talking about we are a family, why need to return kinda attirude. Yes, you're desperate now you can promise heaven and earth to return the money, but once you get the money, human pride tends to come back. It's just the nature of human.

3. As a man, deal with integrity in the things you've messed up. Never take the easy way out, especially at the expense of a relationship honesty and retirement fund of an elderly, regardless of what relationship you both have. I don't touch my parents money I've stated to them clearly it's for them to enjoy life it's fruits of their labor so they should enjoy it. So don't dare to even think you deserve borrowing from your mil.

Your case is fortunate as you are dealing with banks which offer ok ok interest rate as compared to along. I hope you can find a solution to it soon.

I agree with the others that borrowing from your MIL behind your wife's back is a bad idea. The issue will be there permanently and may leak out even after the loan is repaid.

Why do you fear your wife will leave you if you bring up your financial problem to her? It's nothing to do with infidelity, just a trading mistake. Everybody has made mistakes before.

Do talk it over with your wife and discuss possible solutions. If she suggests borrowing from her mother, then fine go ahead.

I hope you get a good outcome.

she will know sooner or later