Korean Job Discussion Forums

[liveinkorea316]

[Died By Bear]

I guess that's the difference between cultures/personalities OP.

What I mean is that I remember going aboard a Navy ship once with my dad who was friends with a captain. They were inspecting something andI was standing near the hallway and on the other side of a door there was all the men on the ship being paid - in cash. (This was before the military got direct deposit). Anyway, there were these guys *all different races of many kinds* waiting on the other side of this door, they were all joking with each other in a hushed tone and they all had wads of cash in their hand rolled up in little balls.

See these guys were the ship's loan sharks...and that day happened to be a payday.

People like your buddy that loaned out 400,000 to some j/a, are not very smart. Nice yes, but smart no.

Those guys would lend 20 for 30. 30 for 50, and so on. I would see the occasional guy come thru and pay his man on the spot. It would have been a good business in the military, because the customer can't go anywhere, and you know exactly when and where he gets paid. If I'd wanted to, they would have opened the door (hatch?) for me and let me look inside at this long line of guys waiting to get their money - in cash. Imagine all that money those guys were making every two weeks. And you could say "Hey there's dawson in the middle there, he owes me XXX$$$ can't let that one go.

And I guess there was one way in, and one way out.

2 men go in and one man come out;

[motiontodismiss]

Neither a lender nor borrower be -William Shakespeare-

[Julius]

[The Floating World]

[Julius]

[Squire]

I think the vetting system recruiters use to hire teachers where I live must be working, because I haven't came across any of the 'freaky waygooks' you lot encounter so often. I can't think of any of my friends in Korea I wouldn't trust with a loan

[jonpurdy]

I had a close friend who was paying down student loans who would occasionally borrow 100-200K. He'd send money home right after his payday and occasionally come up short (partly my fault for encouraging parting hehe). He'd always pay back right after his next payday.

I've never loaned to someone other than a close friend. As others have said, it's easier just to give them a man won if they need it or pay for a meal and forget about it. If they're good people they'll get you back another time somehow.

[edwardcatflap]

[Zyzyfer]

[PeteJB]

I give loans based on:

1. How well I know the person (if I know what kind of person they are, I can use that to assume the likelyhood of it being repaid and in a timely manner)

2. How much money I have floating around (usually not much..)

3. If it's for something important.

[motiontodismiss]

[edwardcatflap]

[ajosshi]

[TheUrbanMyth]