Quote:
Originally Posted by rubecube
How can you not think that's a lot of money? Last year I was making around 42k before taxes. That's probably around 30k after taxes, etc. This wasn't a career for me by any stretch, but it was for a lot of people I worked with. It would take them 10-20 years to earn what your brother lent you in a week.
The difference between a personal loan and a bank loan should be fairly obvious. You have personal obligation to pay your family the money they lent you but it's not like they're going to repossess your car, home, etc. if you miss a couple payments. There's a lot less risk involved for the borrower on a personal loan.
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I almost agree I live in a different world I guess. That's not a lot to me. My wife and I used to make a good 100K+ clear working regular jobs. You can save lots