View Full Version : when borrowing money, the words you use can foretell default

CK 17
06-05-2015, 12:50 PM
"According to a new study, borrowers who try to appeal to their prospective lenders’ emotional side—by mentioning God, divorce, or the needs of family members, for example—are less likely to fulfill their loan obligations (something to keep in mind when our buddies or family members try to mooch off of us).On the other hand, people who mention aspirations like graduate school or weddings are more likely to pay back their loans."