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 Three families disown sons with gambling addiction

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eyerule
post Aug 8 2023, 08:58 AM

my cow died, it slipped on a banana skin
******
Senior Member
1,037 posts

Joined: Apr 2005
From: Kuala Lumpur


QUOTE(iGamer @ Aug 8 2023, 07:55 AM)
Ah Long is not merely illegal lenders, they are actually robbers and extortionists.
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this case is different level already. ah long won't lend to people who cannot repay. this case all really useless kids sure tell the ah long mother father can pay, they have shop here and there and guaranteed the ah long. in a way the ah long also kena cheated by the gamblers
eyerule
post Aug 8 2023, 09:11 PM

my cow died, it slipped on a banana skin
******
Senior Member
1,037 posts

Joined: Apr 2005
From: Kuala Lumpur


QUOTE(iGamer @ Aug 8 2023, 09:02 AM)
nope, ah long always expect the borrowers f&f will chip in to pay their outrageous interest. Ah Long will never hesitate to extort the borrower's family, because that's where most of their collection came from.
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nope. ah long doing business. they want less risk. this one is confirm this is the worst kind of borrower, he essentially borrowed from the lowest and worst type of ah long actually not ah long already, it's gangsters.

borrower is extremely high risk, lender also will have to be those that are willing to deal with these kind of borrowers
eyerule
post Aug 11 2023, 08:03 AM

my cow died, it slipped on a banana skin
******
Senior Member
1,037 posts

Joined: Apr 2005
From: Kuala Lumpur


QUOTE(knumskul @ Aug 8 2023, 09:56 PM)
Ah long reduce their risk by going after the borrower's family & friends.

Asshole way to reduce risk, but risk reduction nevertheless.
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well, usually the borrower which is the idiot would tell this last resort ah long that his/her parents will guarantee the loan la. takes two to clap. even banks got 2 emergency contact. if the borrower never pay and can't be contacted then they will call those 2 persons

 

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