[JASPREET]

I agree, I guess after sometime when they build their trust they go for a little higher amount and that's when they decide to not pay back

[augusta]

Yeah sometimes it might just be situations beyond their control it is good for them to open up to the creditor than running away

[JASPREET]

If they can just stay truthful then its fine as we can wait for a little longer for the repayment but they instead scam

[augusta]

That's some debtors for you. They always wants to prove smart but fail at it some times

[JASPREET]

I have faced this a lot in my life and I need to stop having soft corner for them

[OldGuy]

Anytime I offer a loan of any kind, I always make it a face to face transaction. When discussing repayment agreements, I make it clear that paying according to the agreed terms is considered "kneecap insurance".

"Don't miss any payment when due if you know what is good for you" is part of the verbal agreement but I don't put that part in writing. I've never had anyone miss a payment because I make them believe that part. Collections always come with a visible baseball bat. I have never actually collected any kneecaps. I just have fun watching the fear factor.

[JASPREET]

I have learned the hard way, I need to say NO more often to save myself from these scams

[oldbuddy]

The only way I loan is if the situation and relationship are strong enough that I would consider it as a gift instead of a loan. That way if they fail to repay me, it does not trip any negative triggers and we go on as if it never happened. For all other cases, I would rather help them find a way to raise the funds themselves to keep us both out of a bad choice.

[augusta]

Yes you can loan to trusted people. They are reliable and you are sure of getting your money back

[JASPREET]

I agree, its best to stick with trusted people whom you know from long, like I have few such people online

[augusta]

Sometimes it is good to gift people money if you can than loaning them which can ruin relationship

[JASPREET]

I will prefer to loan only the ones that I know personally from a long time and that will be best for me

[JASPREET]

I have learned the hard way, I should say NO even if they promise to pay the double

[Tendz]

Even if someone promises to pay back double, there's no guarantee that they will follow through.

[JASPREET]

I agree, scammers make these claims because they don't have any plans to repay

[JASPREET]

I may loan those who I know but it will still be risky as you can't rely any person now

[james27]

i dont personally loan crypto, there are definitely platforms out there that can help you out, just make sure to do your research and find trustworthy one.

[JASPREET]

We can take help of platforms but I am personally not planning to take or give loans

[Stevo]

People that loan crypto to others don't know what they are doing. And if you do, don't go beyond $2 loan.

[JASPREET]

I feel its better to stick with those you know personally, even that can be risky so either stop doing it or do with some trusted users only