Cash Color

My Personal Finance Blog

Jan
21

Loaning to a Stranger

Posted by Cash Color

I did something today that normally a sane person would not do. I gave a loan to a stranger. It’s not a huge amount, but the amount is not small either. Equivalent to a month of salary for alot of people.

I first came across this person about 6 months ago via the internet chatroom MIRC. She got into trouble with some loan sharks after her boyfriend defaulted on the loan and disappeared. She was seeking for financial help. At that time, I resisted helping her.

Today, I met her again on the MIRC. She’s still seeking financial assistance but at a much lesser amount. After much persuasion, I decided to help her. I helped her because I was in heavy debt before and it was a horrible experience. This girl is still a student and I wanted her to be able to concentrate on her studies without worrying about the loan sharks harassing her.

Time will tell if I had made a good decision, or not.

  1. Finally Starting to Get My Repayment | Cash Color said,

    [...] Jan 2009, I loan some money to a stranger to help her repay her debt with the loan sharks. In the interim, she has asked for more loan. All [...]

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