Quote:
Originally Posted by filtherton
What are your thoughts? Would you walk away from a loan for reasons other than an inability to pay it back? Have you? Do you think it ethical?
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I look at a loan as my personal commitment to repay the loan unless circumstances prevent it. If you're borrowing money to finance an investment, you're the one that should be assuming the risk of the investment going bad, not the lender. If your investment goes bad, you take the loss.
I would not intentionally walk away from a loan. I also don't think walking away from a loan is ethical.