Deswai need to know some underground people for help

I dare to say your friend is into online gambling. A lot of people are addicted to this

Don't come tell me borrow money from ah long to eat and buy things. Lancau

Use money wisely

wahseh living the life doc
glad to know you are doing great!

live not to impress other

Thanks mate. COVID and the lockdowns changed my mentality a little and made me realise that life is just too short. So I decided to let loose the purse strings a little bit. After all, we have enough to outlast us.

Lemme try and explain the loan shark's logic here (based on my conjecture).

I think maybe TS's friend borrowed money at say 7 pm on the first day. Then, 30 days later, 7 pm is the cutoff time. Since TS's friend only paid back at 10 pm (again, all times are examples only), the ah long counts it as 3 hours late, hence the 1-hour x RM 1000 penalty.

So even though date-wise, it is the same day, the ah long counts it as have surpassed 30 days.

That's a good explanation, the problem is from the text he showed me, some thing like this,

Name: My friend's
Loan amount: RM3000
Get on hand: RM2400
Loan date: 9/8/2023
Due date: 8/8/2023
Agent: ah long name, pretty sure it's a made up name

You see they didn't mention the time, as my post written also no paper no sign no black and white. Logically, after 12am is tomorrow already and since this ah long didn't write down the time, he still managed to pay his debt within 30 days. But these fuckers ah long, twist here twist there all they see fit, demanding another RM4000 because of late payment even though haven't cross 12am. I really want to show the ah long text here but again my friends now in miserable state, it's best not to as I already shared a lot about what happened to him.

I really hope people will stay away from ah long no matter what, these fuckers charge interest rate all they want, no law no limit. Exactly like we all heard, borrow RM1000 pay RM15000.

If he can do it then, why is he go to ah long instead?

Are you serious? Dude already in deep shit, yet you sees this as an opportunity to earn some cash for yourself?

Why I'm willing to do so? Because I'm his friend, and friend should try help each other, not betraying or took advantage on them.

Your point?

My friend dating an ah long. But he will tell you upfront that you need to pay daily on top of interest. I think it's 20%. If you don't pay give me your car.

There are comments that their children are born without arses.

your friend fall into online loanshark scam.

never ever borrow from any online platform loanshark 90% are scam and money-su*cker.

will rip you off no matter you fully settle them or not they will come with alot excuse that you owe them and they keep disturbing you.

Oh so your friend received 2400 and had to pay back 3000 within a month is it?

In that case the ah long already got a interest amount of 600 - pretty solid already.

These "late charges" nonsense are just screwed up...

I got a relative who borrowed from ah long before running overseas leaving their family to deal with the harassment.

Michael Chong helped settle the issue by calling a press conference with the family announcing they are "disowning" the borrower there. I don't know how much they have repaid since it's kind of a taboo to ask, but yeah, don't do it.

The 3k he need to pay back is the interest portion..need to read the t&c

As per the text, yes he is. Late charges just pure ridiculous, these guys simply charge and their reason are not logic at all.

Knowing my friend's parents, I sure hope they won't disown him...

Read again my thread again, slowly this time.

You are good friend to help him sell at below market price rather than take his item and pay him rm3k , in the end he still has to borrow from other when you could help right away

You are indeed good friend 👍

Maybe I'm not telling the full story about how we get the RM3000, here it is.

When I propose we sell off his gadget below market price, at that same time he already start making some call to borrow a small amount of money from others. While me selling his gadget, he already get the other few hundreds and there we get RM3000 to pay off the debt.

I don't know if you're being sarcastic or just me being paranoia or over thinking, but I do hope the above short story make a clearer scene.

CC easy cash plan only 4% a year..why laa pinjam along.

Another one, if he can get from CC then why borrow ah long? Apa la

Your friends modus operandi is gali lubang tutup lubang only...to pay ah long borrow from others..neverending cycle.

That's why never tell full story in the first place.
25% interest in 1 month. And your friend so stupid go take this type of deal instead of asking his family for help.

I hear already I definitely will not help. This kind of stupidity cannot cure one.

Even my internet online betting bonus, I definitely try nego 15% one. But your friend is opposite

This post has been edited by BrookLes: Aug 12 2023, 07:00 PM