charging interest when lending

[voltes_V]

what can you say about people who charge interest when they lend money to friends and/or relatives? especially those who are not into the business of lending?

I think theres nothing wrong with that especially when we're talking about millions of pesos here. I know 1 aunt of mine who does that with her own son, and hes the only child she has. The good thing is that mas mababa interest nya kumpara sa bangko.
But when I borrow money from my parents, wala ng bayaran yan syempre hehe.....just kidding mom

[delprado]

.. kung konti lang yong inuutang, that's should be okey. Which i always did. Pero malakihan, dapat me interest.

Ang problema kasi pag-nagpapautang ka sa kaanak, kalimitan ang hirap maningil. Pag ikaw na mangangailangan nung pera at singilin mo na...sasabihin sa'yo kaya nga sya nangutang dahil wala syang pera... (it's just like she's telling you that she will not be able to pay you anymore)... Marami na akong nadaanan na ganyan.... ang bait-bait pagnakipag-usap sa yo pag nangutang.. pero pag siningil mo na eh...sya pa galit...

[konde]

tough question!

good thing wala akong pera para ipautang kaya di ko na kailangan isipin yan.

pero mahirap talagang magpautang kasi minsan pag kailangan mo na yung pera, parang nahihiya ka pang maningil.

[empy]

Ang problema kasi pag-nagpapautang ka sa kaanak, kalimitan ang hirap maningil. Pag ikaw na mangangailangan nung pera at singilin mo na...sasabihin sa'yo kaya nga sya nangutang dahil wala syang pera... (it's just like she's telling you that she will not be able to pay you anymore)... Marami na akong nadaanan na ganyan.... ang bait-bait pagnakipag-usap sa yo pag nangutang.. pero pag siningil mo na eh...sya pa galit...

ang hirap sa ibang tao, parang walang diperensya sa kanila yung definition ng "utang" chaka "bigay'. para walang misunderstandings sabihin na lang nila na "bigyan mo ako ng pera" kaysa "pautang naman"

[tinky]

I don't charge interest.Pero pag di ko kamag-anak , I ask for a collateral.
Na-isahan na kase ako dati.I let a friend borrow money and she never paid
me back....so ngayon depende kung gano kalaki yung amount ng inuutang
yung bagay that I'm gonna hold on to as a security just in case the loan is
not repaid.

[pissword]

wag na interest, maganda pa nga yung collateral for protection lang naman...

para d nila isipin na pinagkakaperahan lang sila

[111prez]

for me, unless its a medical emergency where you have to lend money for humanitarian reasons, i would charge interest

however, the interest should be reasonable. siguro since rela-thief, este relative naman, maybe 1 % or 2% lower from the prevailing lowest bank rate in your area or where they plan to get the loan, if ever. this way, you are doing them a favor through lower interest rate, no application hassle, no collateral, etc compared to a situation if they had to deal with a bank or worse, a usurious money lender.

i would assume that they are borrowing money to earn money so it is but right that you also do not lose your right to earn from your money

after all, its also your hard earned money

[badkuk]

well, in the first place, hindi ako pag papautang -- all my friends and relatives are richer than me :D

seriously though, magpapautang lang ako pag close relative or friend, and kung gipitan o emergency only.

for all other reasons, sorry ka na lang.

[russpogi]

well, in the first place, hindi ako pag papautang -- all my friends and relatives are richer than me :D

seriously though, magpapautang lang ako pag close relative or friend, and kung gipitan o emergency only.

for all other reasons, sorry ka na lang.

ETO ang TAMA!

[the_wildthing]

Ang utang ng kaibigan/kamag-anak, wag mo nang asahan na babayaran ka. Kaya ang pautang sa kanila, dapat lang sa oras ng kagipitan.

Otherwise, you can always say no, saying you also have obligations of your own.