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Last July 4,2007, I was confined in the hospital due to heart enlargement.The schedule of payment in my friend is every 15th and 30th day of the month.He's forcing me to pay my credit as soon as possible.Our company had deducted me a P1,000 every payday for my hospital bill and my rate is only 272.00/day. I cried the last time he talked to me because he said a lot of things that terribly hurt me.The barrowed money is P3,000 plus the interest P3,000.He gave an interest every 15th and 30th day of the month also.Any advices from you?How can I budget my money if I was the only one working in the family.My husband is jobless...How can I explain to my friend that my salary is not enough and he knows it because he's my co-worker.

2007-08-30 18:07:47 · 6 answers · asked by summershane 0530 1 in Family & Relationships Marriage & Divorce

6 answers

20% is awfully steep. Even credit cards usually don't charge so much interest. Doesn't sound like a very good friend to me. If I were you and I could do it, I would get a bank loan or a credit card that allows cash advances and get money to pay your "friend" back entirely, then work on paying back the loan to the bank or credit card company.

2007-08-30 18:16:25 · answer #1 · answered by Anonymous · 0 0

If you REALLY have to, you could just not pay him, I mean, its not like its a loan from a bank or anything....just tell him to back off and he'll get paid when you get the money, if he is a 'friend' he'll understand.

2007-08-31 01:11:51 · answer #2 · answered by rob08 2 · 0 0

And this is a "friend"? Do you have this in writing? Sounds like a mafia bully to me. Does your husband know? You need to worry about getting well and getting this guy out of your hair! (I'd tell him to take a flying leap! He'll get his money when I have it.)

2007-08-31 01:14:13 · answer #3 · answered by Crossfire Kelly 5 · 0 0

Some friend you have! Don't pay. It's usurious. He preyed on your desperation. I don't know why your employer has to deduct from you your medical bill. It's supposed to be covered by social security. Check if your employer has paid for social security. If not, you can sue your employer for failure to pay his contribution.

2007-08-31 01:16:06 · answer #4 · answered by meg g 3 · 0 0

Tell your husband to get off his butt and find a job!!!!

2007-08-31 01:11:26 · answer #5 · answered by PEGGY S 7 · 1 0

first of all!
THIS PERSON IS NOT A FRIEND.
Friends don't charge interest for loans.

2007-08-31 01:14:09 · answer #6 · answered by just me 3 · 0 0

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