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this post was submitted on 21 Dec 2023
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Asklemmy
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Woof. That doesn't just happen overnight. That's months of missed payments that resorted in pay it all now or we're taking it. Good on you for saying no, you'd never see that money again
They literally watched that person agree to pay that amount to somebody else and fail to do it despite legal and financial consequences. Only a fool would see that and then entire into the exact same situation, but without any sort of protection like the contract that the previous lender had. You are not speculating, you are merely stating absolute fact.