i was borrow once last time 1000 but dapat 900 only

must pay back 600x2 month

Bank card they keep

lucky but not so lucky after that credit card..so i just use cc bile mane i need money urgently

I might be not the best friend, but I'll try help whatever I can because that's what a friend do. Hence he's a genuinely nice guy, just got unfortunate that's all, it happens to everyone.

if only the same level of awareness to tell this story is similarly, zealously applied before everything blows up for far better damage control.

For these amount, I believe there's few apps now that can get the loan approved easily. Which the pools of $$ came from other apps user.
Not worth to get disturbed and threatened by Ah Long for RM3k.

Borrow 3k already such a nightmare, can you imagine borrow 30k?

Hell breaks loose.

Always have savings!

If you borrow 30k

Make sure you buy airticket jump aeroplane to overseas and never come back for 10 years

Yes, dont bother to help your bf or gf, their problem is theirs.

Look at those guy pay rm70k reno and dumped recently.

dont forget they dont do it for free

contoh kes:
Hutang Asal: RM3,000
Tuntutan Ahlong: RM10,000
Hasil Rundingan: RM5,000
Caj Dikenakan (10%): RM500
Jumlah Penjimatan Pengadu: RM4,500

to borrow that much they need to hold on to something valuable in case you run away one, car title, house title, you running a business or something along that line....

never ever lend from ah long, no matter you need money that eagerly

I've dealt with ah long, but never heard before 30 days interest free and no paperwork la.
Interest is high but I did pay back and end of story, still become friends lmao once in a blue moon ask if you need money as they got special package (probably he need to hit quota)

Very interesting thread. Anymore similar real life stories?

Nope.
Nothing comes for free.
That's why I suggested write everything down. Then WhatsApp the receipt to the ah long then block the ah long

But like I said. Ah long will never agree with this as their intention is to whack as much as possible. Everything black and white they cannot do it anymore.

No biz do things for free especially Chinese ones.

This post has been edited by BrookLes: Aug 10 2023, 03:41 PM

My insurance agent was a very nice guy as well.

wait...I am confuse

is this really an Ah Long or a Scammer?

Living far below your means is a good thing only if you're happily doing it...

I was driving a Kancil that was older than my youngest colleagues in the office and I occasionally held back on eating good stuff even though I wanted to, just so I could save more.

All that for what? It's been years since then, but I don't think they ever understood how I felt when I clicked my hard earned money away for their mistakes... Why make myself so miserable just to be even more miserable right?

At least now happier la I spend whenever I can and I want. I got a new local car after I rebuilt my finance, ok la everything is a huge upgrade from the old tin can, cukurrrr.

It's good to be thrifty, but when you feel miserable saving money, the worrying part is you suddenly "explode" and go yolo.
On the other hand, there's a slippery slope when it comes to spending to reward ourselves, and we need to be able to identify when it's considered excessive spending (yeah, easier said than done).

I think in his case, he saved hard, only for his savings to be wasted on bailing out his family and /or friends.

Pls correct me if I’m wrong.

there's no way you could get 3k in full if 3k is the loan sum you borrowed from the moneylender; if he gets 3k on hand then chances are he borrows 4k in the first place, and just so you know, a month from 8/7 is not 8/8, it should be 7/8, an one month billing cycle, that's really prevailing market practice on how days in one month is being calculated.

The way I see it, he doesn't manage to repay within the first cycle, and now interest has doubled up entering the second cycle. Since there's no collateral involved, there is really nothing much to lose.

True, and it's not like I regret for being thrifty then - that amount I saved bought us enough time to think more rationally I guess, because fleeing and/or cutting ties were on the table. I was just angry and confused about life back then, until I learned that it's just like everything else: it's important to have a balance. <-- Took me a few years btw!

Everyone has different threshold and perspective. How much you earn, who are your dependent(s), what are your life values, what would you throw your money at... E.g. you may be a car enthusiast and you would happily buy yourself that sports car you always dreamed of, but I'm a car potato so I'm happy with a P1. What worked for me so far: don't worry about the idea of spending, but think more towards why you want to spend that amount. We all know the more expensive the product, the better it is, but somewhere up the graph, you'll find your line -- "this is good enough, I don't need to spend anymore than this". The graph of value-to-money usually plateaus towards the high side of money. For example, I think a RM3-5k budget gets you a decent mid-range PC for smooth 1080p gaming, which is leaps above a <RM2k wooden PC, however if you wanna go beyond, the price goes way above to 10-20k range. As with the law of diminishing return, beyond the plateau of the graph is where you throw your money at luxury brands may be worse in a way (less durable/practical etc.)

you got my point