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 Never ever borrow money from Ah Long - UPDATE 9/8, My friend experience here

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SUSskyblack4492
post Aug 9 2023, 03:29 PM

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QUOTE(skloda @ Aug 9 2023, 03:25 PM)
u want borrow 3k , they give u 2.7k .

means 1st week interest 300

1 week - 300
2 week - 300
3 week - 300
++++++  depends how long you wanna drag .

maybe 10th week u wanna settle - RM3k .

but the previous 9 weeks - interest 2.7k already + 1st interest 300 = 3k

total repayment 6k.
*
Blood sucking human haiz. If Borrow 10k interest 10k
poco loco
post Aug 9 2023, 03:44 PM

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QUOTE(skyblack4492 @ Aug 9 2023, 03:00 PM)
True even poco loco borrow fren also charge interest
*
300 a month jer...consider it MERCY
SUSskyblack4492
post Aug 9 2023, 03:48 PM

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QUOTE(poco loco @ Aug 9 2023, 03:44 PM)
300 a month jer...consider it MERCY
*
Rm5k he borrow rite? 1 month interest rm300? He dy habis bayar full? That day he went genting enjoice with girl hghhhhhh
poco loco
post Aug 9 2023, 03:52 PM

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QUOTE(skyblack4492 @ Aug 9 2023, 03:48 PM)
Rm5k he borrow rite? 1 month interest rm300? He dy habis bayar full? That day he went genting enjoice with girl hghhhhhh
*
pinjam rm4k

miss 2 month rm600

so total rm4600

not yet pay single sen.....he take down the bideo aready after i told him that
sunami
post Aug 9 2023, 04:00 PM

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tbh...how is stupid enough to get an interest free loan for a month from along?
there is no free lunch in this world...
pisces88
post Aug 9 2023, 04:01 PM

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QUOTE(poco loco @ Aug 9 2023, 03:52 PM)
pinjam rm4k

miss 2 month rm600

so total rm4600

not yet pay single sen.....he take down the bideo aready after i told him that
*
this kind of ppl susah get back money one
TSNapalm_man
post Aug 9 2023, 04:05 PM

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QUOTE(poco loco @ Aug 9 2023, 03:52 PM)
pinjam rm4k

miss 2 month rm600

so total rm4600

not yet pay single sen.....he take down the bideo aready after i told him that
*
Thx for yr sharing, lots of people don't know how ah long operate and attract people.
skloda
post Aug 9 2023, 04:06 PM

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QUOTE(skyblack4492 @ Aug 9 2023, 03:29 PM)
Blood sucking human haiz. If Borrow 10k interest 10k
*
depends how long you drag lo , best is dont gamble la , dont naive and think there's easy way .

yes , they got risk too ... if borrower run . how ? then the borrower's parent susah ...

so usually small amount they will borrow ,, and suck 9 ur blood .


darkwaka
post Aug 9 2023, 04:37 PM

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No matter how desperate you are dont go borrow from ah long

Even if really no choice you need to borrow from ah long go find those money lender aka ah long that have shop advertising as money lender

Lets say you cannot pay them back you still can go find them at their shop to discuss how to settle the amount, If you take loan online then u dont know who they are and they can find u easily

Before they borrow money to you they will mostly do a "background check" on you 1st because they need to know if you or your family member can payback


Akaashi
post Aug 9 2023, 04:51 PM

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QUOTE(Napalm_man @ Aug 9 2023, 04:05 PM)
Thx for yr sharing, lots of people don't know how ah long operate and attract people.
*
Ahlong business has been around for decades. Newspapers and socmed been sharing other ppl's story when they(or their family member) borrow money from Ahlong. I don't get why ppl still fell for it thinking ahlong is some kind of charity that give out interest free loan (even u pay back, say, next day).
cyh03176
post Aug 9 2023, 04:51 PM

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there are good ah long also. yes the interest is still very expensive compared to banks but it's not crazy as kawan TS punya kes. only RM100 per week for late payment.
InitialB
post Aug 9 2023, 04:53 PM

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QUOTE(Napalm_man @ Aug 9 2023, 09:36 AM)
Guys, the purpose of me opening this topic is to remind all of you and please inform your friends and family as well, to avoid borrow money from Ah Long. For those who wonder how these Ah Long squeeze people, here's the story, quite long and I'll try to make it short.

Yesterday 8/8/2023, a friend of mine call me asking if I can meet him, urgent he said. So we meet up at a place, then he ask me to borrow him RM3000. I ask him why? He told me the whole story about he borrow RM3000 from Ah Long via online, no paper work no signature no black and white. I ask again how can he be so careless, agreeing to this kind of crazy deals. Now my friend here aren't an alcoholic, a gambler, or addicted to any negative stuffs. He know it's a stupid idea but he needs money that time, found out about this loan online and go ahead with it. Within 30 days, he must pay off the RM3000 in lum sum, simple to said borrow RM3000 but must pay back RM3000 within 30 days. So yesterday at 8/8/2023, is the due date. I helped him sold his computers, ipad and some other gadgets. We collected about RM2000+ because we sell these items dirt cheap, instantly got call and PM from various buyers. He manage to borrow few hundreds from his friends to make it RM3000.

Now here's the most fucked up part, by logic before 12am, the date will still remains 8/8. So he still have couple of hours to pay up the RM3000 right? Nope, the Ah Long literally said this "If follow market, other people charge interest RM1000 per hour.". I don't want to share the chat between him and the Ah Long here because he's already in miserable state, but that's the message he showed me. That text is before 12am, the date still 8/8 but to the Ah Long it's times up. They ask him to pay another RM4000 even after he paid the RM3000 before 12am 8/8 because of his "late payment", so it's RM3000 + RM4000 = RM7000 to them. You see, to this Ah Long, after 12am or no, they still charge you late interest because they feel you late to pay them back. All this in whatsapp and I ask him to screenshot all the chat as the Ah Long later might delete it, and if that happened he might get into trouble as he got no evidence against the Ah Long. Yes I know, our law aren't so good against Ah Long but I still ask him to do so just in case. After that I told him don't pay the RM4000, go to PPIM and tell them what happened. He paid on the last day of the 30 days, yet because the Ah Long feels like he's late to pay and they simply ask him to pay another RM4000. I think now he already in PPIM office, hope they can figure something out.

You guys might have question,
- What he did with the RM3000? He don't want to tell me but he assure me that the RM3000 aren't for those bad things, I know him for so long, so I believe him.
- Why he never ask his family, friends or company for help? He said he did, but non of them able to help that day before he go to Ah Long.
- Did I borrow money to him yesterday? No I didn't because I also needed money as I will be buying another car soon. But I did help him get around RM2000+ by helping him selling off his computer and gadgets.

This thread is to raise awareness, if you guys have any Ah Long stories, feel free to share it here so that others know how fucked up these Ah Long are in reality.
*
Why not pay 7/8 ? Why find problem 8/8. If you know it's free with no interest by 8/8, why wait till the date?

Should have paid on 7/8 so they don't have the reason?

By the way, loan without interest? You gotta be kidding me.

TSNapalm_man
post Aug 9 2023, 04:58 PM

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QUOTE(InitialB @ Aug 9 2023, 04:53 PM)
Why not pay 7/8 ? Why find problem 8/8. If you know it's free with no interest by 8/8, why wait till the date?

Should have paid on 7/8 so they don't have the reason?

By the way, loan without interest? You gotta be kidding me.
*
One of LYN user said that is how ah long attract their victim
InitialB
post Aug 9 2023, 05:01 PM

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QUOTE(Napalm_man @ Aug 9 2023, 04:58 PM)
One of LYN user said that is how ah long attract their victim
*
No such thing as loan without interest.

I've learned it from experience
TSNapalm_man
post Aug 9 2023, 05:08 PM

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QUOTE(InitialB @ Aug 9 2023, 05:01 PM)
No such thing as loan without interest.

I've learned it from experience
*
You're right, but they pusing2 and actually make ppl believe there's no interest.
thkent91
post Aug 9 2023, 05:15 PM

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QUOTE(Napalm_man @ Aug 9 2023, 09:36 AM)
Guys, the purpose of me opening this topic is to remind all of you and please inform your friends and family as well, to avoid borrow money from Ah Long. For those who wonder how these Ah Long squeeze people, here's the story, quite long and I'll try to make it short.

Yesterday 8/8/2023, a friend of mine call me asking if I can meet him, urgent he said. So we meet up at a place, then he ask me to borrow him RM3000. I ask him why? He told me the whole story about he borrow RM3000 from Ah Long via online, no paper work no signature no black and white. I ask again how can he be so careless, agreeing to this kind of crazy deals. Now my friend here aren't an alcoholic, a gambler, or addicted to any negative stuffs. He know it's a stupid idea but he needs money that time, found out about this loan online and go ahead with it. Within 30 days, he must pay off the RM3000 in lum sum, simple to said borrow RM3000 but must pay back RM3000 within 30 days. So yesterday at 8/8/2023, is the due date. I helped him sold his computers, ipad and some other gadgets. We collected about RM2000+ because we sell these items dirt cheap, instantly got call and PM from various buyers. He manage to borrow few hundreds from his friends to make it RM3000.

Now here's the most fucked up part, by logic before 12am, the date will still remains 8/8. So he still have couple of hours to pay up the RM3000 right? Nope, the Ah Long literally said this "If follow market, other people charge interest RM1000 per hour.". I don't want to share the chat between him and the Ah Long here because he's already in miserable state, but that's the message he showed me. That text is before 12am, the date still 8/8 but to the Ah Long it's times up. They ask him to pay another RM4000 even after he paid the RM3000 before 12am 8/8 because of his "late payment", so it's RM3000 + RM4000 = RM7000 to them. You see, to this Ah Long, after 12am or no, they still charge you late interest because they feel you late to pay them back. All this in whatsapp and I ask him to screenshot all the chat as the Ah Long later might delete it, and if that happened he might get into trouble as he got no evidence against the Ah Long. Yes I know, our law aren't so good against Ah Long but I still ask him to do so just in case. After that I told him don't pay the RM4000, go to PPIM and tell them what happened. He paid on the last day of the 30 days, yet because the Ah Long feels like he's late to pay and they simply ask him to pay another RM4000. I think now he already in PPIM office, hope they can figure something out.

You guys might have question,
- What he did with the RM3000? He don't want to tell me but he assure me that the RM3000 aren't for those bad things, I know him for so long, so I believe him.
- Why he never ask his family, friends or company for help? He said he did, but non of them able to help that day before he go to Ah Long.
- Did I borrow money to him yesterday? No I didn't because I also needed money as I will be buying another car soon. But I did help him get around RM2000+ by helping him selling off his computer and gadgets.

This thread is to raise awareness, if you guys have any Ah Long stories, feel free to share it here so that others know how fucked up these Ah Long are in reality.
*
Bruther, RM3K-10K use credit card tekan at ATM also can get. I don't know why everybody is so stingy until kena pay extra rm4K. Understand the rules, 5PM is the cut off time for the day.
ChuanHong
post Aug 9 2023, 05:17 PM

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usually i know eh is you borrow 10k, interests maybe 2k.. so they gave u 8k only.. let say 1 month as term.. after a month, u didnt pay back 10k, then count by day/week, depending on ah long liao..
skycrew
post Aug 9 2023, 05:35 PM

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bruh, that's why you guys should watch semboyan jewtube.

there are 2 types of along

1 is along along

another 1 is along scammer

along along is the normal ah long while along scammer is the one happy to give you money but will scam you on payday.

according to semboyan, along along they can kawtim/help but along scammer he can't help much. the along scammer only use phone and in borneo so hard to track them.


knumskul
post Aug 9 2023, 05:40 PM

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QUOTE(Napalm_man @ Aug 9 2023, 12:50 PM)
He tried, but didn't work because he follow the market price. It was my idea who lower down the price so he can sell his stuff faster, I can't give him RM3000 but I at least helped him sell off some of his stuff. So yea he did tried other way to get money before the online loan AKA online ah long, if he didn't call me yesterday night he probably selling off his car now. Based on that suka2 naik bunga attitude, I figure the debt now goes up to 5 figures.

Again, it won't cost you a cent to be tolerance and put yourself on someone's else shoes instead insulting or making fun of others. You need to change your attitude.
*
Sounds like your friend doesn't know how to handle his life. His initial method (sell belongings) didn't work because he didn't know how to work it and didn't seek advice. It worked when you got roped in.
Better to educate people on this rather than avoid ah long as extremely desperate people will still go to ah long.

Ever wonder how you see stories of gamblers owe up to 50 ah longs? They borrow from 1 to cover debt from other, and the deadly cycle doesn't stop.

Also lots of ah longs don't stick to their word. That's how they earn, making it a very profitable venture and why it is still around.
SUSBrookLes
post Aug 9 2023, 07:53 PM

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QUOTE(enviro @ Aug 9 2023, 12:59 PM)
Even if he got money to pay back before 30 days he cannot find the ahlong. 31st day he will magically appear. This scam reported before.
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Wow. Nice trick.

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