23
WORLD
Philippines

Mamma Mia!

Today, an informal lender came, greeting me a good morning with an "I'm here to take that car in your garage." Appalled, I demanded an explanation. Apparently, Mom took a rather substantial loan from him 3 months ago, paid him ziltch, and declared the car as collateral. It's my wife's car. FML

By time to move out... mom! - / Wednesday 1 August 2018 02:30 / Philippines - Para?aque
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By  Jeremy Strang  |  4

There is no such thing as an "informal lender". What you are describing is called a gangster. And you mom has no ability to claim property she doesn't own as collateral. What you are describing is called theft.

Comments
By  Mungolikecandy  |  14

Just to clarify, by "informal lender" you mean loanshark who is going to break legs if not paid?

By  Jeremy Strang  |  4

There is no such thing as an "informal lender". What you are describing is called a gangster. And you mom has no ability to claim property she doesn't own as collateral. What you are describing is called theft.

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  Mungolikecandy  |  14

When I made my comment I thought he was in the Philippines as the big heading above the comment states. They do have loansharks there as well you know?

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