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Topic	Should I loan my brother $700?
Far-Queue 05/11/18 7:40:13 PM #7:	Zangulus posted... Never loan money youre not willing to lose. Yeah, I told him not to worry about paying me back until he gets his shit together. I can afford to lose it, but I'd really rather he pay it back at some point. Zeus posted... If you're already $850 in the hole and the guy can't hold down a job, you're probably never going to see that money again (because I wouldn't count on him to sell that truck). However, if you feel bad for your brother and can afford it, you might consider taking the risk with the possibility that you might need to turn the debt into a gift if he still doesn't repay you afterward. Fairly certain he's selling the truck, as his father has a car he can have in it's place. The question is how much can he get for his truck. If I loan him the $700, he'll be into me for $1550 and he has other shit other than the truck loan to take care of on top of paying me back (partly why I told him to focus on squaring himself away before repaying me). Cacciato posted... If he's that bad his rating should be high enough that he shouldn't even need to work if he's frugal. I dont know if you should loan him the money or not but you definitely need to tell him to take his ass down to the local VFW and get a rep to help hi with his disability rating. Not sure what his rating is, but we've had a conversation along these lines and he said he's going to try to get 100%. He's also trying to get caretaker pay. They gave him caretaker pay when he got out and he had a guy helping him out with cleaning the house and running errands, but something happened after Trump took office (not saying it was something Trump did, not sure what) and they took the caretaker pay away. If he can get that back he'll be in good shape because the caretaker costs less than what they gave him. --- https://imgur.com/ZwO4qO2 Bluer than velvet was the night... Softer than satin was the light... From the stars... <cite>Far-Queue posted [p:901191469] in Should I l... [t:76599373]...</cite> <quote><cite>Zangulus posted...</cite> <quote>Never loan money youre not willing to lose.</quote> Yeah, I told him not to worry about paying me back until he gets his shit together. I can afford to lose it, but I'd really rather he pay it back at some point. <cite>Zeus posted...</cite> <quote>If you're already $850 in the hole and the guy can't hold down a job, you're probably never going to see that money again (because I wouldn't count on him to sell that truck). However, if you feel bad for your brother and can afford it, you might consider taking the risk with the possibility that you might need to turn the debt into a gift if he still doesn't repay you afterward.</quote> Fairly certain he's selling the truck, as his father has a car he can have in it's place. The question is how much can he get for his truck. If I loan him the $700, he'll be into me for $1550 and he has other shit other than the truck loan to take care of on top of paying me back (partly why I told him to focus on squaring himself away before repaying me). <cite>Cacciato posted...</cite> <quote>If he's that bad his rating should be high enough that he shouldn't even need to work if he's frugal. I dont know if you should loan him the money or not but you definitely need to tell him to take his ass down to the local VFW and get a rep to help hi with his disability rating.</quote> Not sure what his rating is, but we've had a conversation along these lines and he said he's going to try to get 100%. He's also trying to get caretaker pay. They gave him caretaker pay when he got out and he had a guy helping him out with cleaning the house and running errands, but something happened after Trump took office (not saying it was something Trump did, not sure what) and they took the caretaker pay away. If he can get that back he'll be in good shape because the caretaker costs less than what they gave him. --- https://imgur.com/ZwO4qO2 Bluer than velvet was the night... Softer than satin was the light... From the stars...</quote> ... Copied to Clipboard!
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