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Yeah, the loan sharks are absolutely scammers, and the courts are absolutely corrupt to let this happen, but... there's also an element of "you can't con an hon
by NoGravitas 8y ago
Yeah, the loan sharks are absolutely scammers, and the courts are absolutely corrupt to let this happen, but... there's also an element of "you can't con an honest man" at work here.
- habitue 8y agoIt doesn't sound like they were dishonest, just naive.
- TAForObvReasons 8y agoThe only really "dishonest" part involves people "lying to themselves" or refusing to cut the losses when all evidence points to it. All of the anecdotes are basically the same: "business in dire straits, we just need short-term financing to weather the short-term crisis". The people are "lying to themselves" by not making a more honest assessment of the situation. It's easy to read a situation and make a rational judgment when you aren't a participant, but a lot more difficult when it's your business
- deleted 8y ago[deleted]
- cortesoft 8y agoIn what way were the Duncan's dishonest?
- glibgil 8y agoThey weren't honest with themselves. High interest is difficult to pay. Only luck would have allowed them to pay
- cortesoft 8y agoOk, that is a little bit of a stretch for honesty... by that definition, every single shortcoming is actually about not being honest....
- deleted 8y ago[deleted]
- TheOtherHobbes 8y agoThey were up to date on their payments. There was no hint they were ever going to default. It's pure supposition - of the blame the victim kind - to imply they were running some kind of inverse scam, even subconsciously, or that they would have stiffed the lender.
- deleted 8y ago[deleted]
- beart 8y agoThe article indicates they had never missed a payment.
- FireBeyond 8y ago'naivety' would probably be better. 'over optimistic'.