A netizen shared how she lent $90k to a man that she met on an online dating app and only gotten back about $11k.
Here is the story:
“Really in need of some advice.
Sometime in 2019, I met a Singaporean guy on an online dating app and I ended up lending him $90k.
Fast forward to today, he has only paid $11,300 and has always delayed on repayments. He treats me like a fool, always committing to pay on a specific date but the repayments never ever comes in.
Should I:
(i) spend $5k to hire a lawyer to sue him (i have an IOU) and the legal costs can escalate to $30k with possibly nothing to recover cause he really seems broke
(ii) spend $4k upfront on a licensed debt collector and have them take 20% commission on every dollar repaid
What will you do? Really need some advice as I am sick and tired of chasing him for repayment month after month.”
Editor’s note: You lent $90k to a guy you just met? Wow…