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Non-Cattle Specific Topics
Every Thing Else Board
Our version of a Bail Out
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<blockquote data-quote="Wewild" data-source="post: 631846" data-attributes="member: 671"><p>There is a difference in wants and needs. The intent of this was based on needs. It is best to not count on timely repayment when folks are in need. Some folks won't come back at all. That hasn't happen often but there has been years at times many years in between. In the end it seems they feel compelled at sometime to do the right thing. If they don't it it really doesn't matter to us as it really is on them.</p><p></p><p>We aren't in the position to finance wants to much. There are banks for that but we have when it was something we had and they wanted.</p><p></p><p>Gifts are a little different than a Christmas gift it seems. </p><p></p><p>There could be a lot of differences in semantics of what each person thinks about when considering gifts and loans.</p></blockquote><p></p>
[QUOTE="Wewild, post: 631846, member: 671"] There is a difference in wants and needs. The intent of this was based on needs. It is best to not count on timely repayment when folks are in need. Some folks won't come back at all. That hasn't happen often but there has been years at times many years in between. In the end it seems they feel compelled at sometime to do the right thing. If they don't it it really doesn't matter to us as it really is on them. We aren't in the position to finance wants to much. There are banks for that but we have when it was something we had and they wanted. Gifts are a little different than a Christmas gift it seems. There could be a lot of differences in semantics of what each person thinks about when considering gifts and loans. [/QUOTE]
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Our version of a Bail Out
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