₦airaland Forum

What is the psychology behind Why debtors "feel insulted" when asked to payback loan ? Especially debtors who have defaulted payback time.

I think this should be a project topic for psychologist students in universities.

ok

Next time make it a duty to put in writing any money you lend to someone and have them sign. So on that day, you dont even have to beg them back for your money... if they feel Insulted, u take the document to the police and immediately, your money is paid back in full

That is why I simply do not lend... No matter how close we are or desperate the situation may be.
I rather lose a friend than lose my hard earned money,because when trying to recover your money from a debtor,you may end up losing both money and friend(debtor).

EmekaBlue:
What is the psychology behind Why debtors "feel insulted" when asked to payback loan ? Especially debtors who have defaulted payback time.

I think this should be a project topic for psychologist students in universities.

lalasticlala,Mynd44

Never lend anything you can't afford to lose

EmekaBlue:
What is the psychology behind Why debtors "feel insulted" when asked to payback loan ? Especially debtors who have defaulted payback time.

I think this should be a project topic for psychologist students in universities.

Lol. If students of psychology can assist,I wud love to know too.

eezeribe:
That is why I simply do not lend... No matter how close we are or desperate the situation may be.
I rather lose a friend than lose my hard earned money,because when trying to recover your money from a debtor,you may end up losing both money and friend(debtor).

I don't believe you have never lent any1 something.