M
marvinsa
Guest
Hi all,
I would really appreciate it if anyone could help me or give me some advice. A member if my family (my brother in his 20s) is slightly "slow" but not in a very noticeable way, unless you know him well. He is working in a normal job, living in an apartment in town, earning a living, and getting by. However, he is not really capable of managing money. What he does with his salary is his own business (it's usually spent half an hour after it hits his bank account!) but that's his own affair. However, he has now discovered the joys of overdrafts, credit cards and bank loans, without fully understanding that he has to repay them at some stage. While some of you may be smiling, thinking "we're all the same", I am really worried that he will get into serious difficulty as his plan is to go from bank to bank taking out more and more loans. He has gone mad on spending over the past couple of months, and on looking through his bank & credit card statements, I can now see why. Could anyone please tell me if there is some way I can get banks etc to stop extending these types of credit to him?
Thanks in advance.
I would really appreciate it if anyone could help me or give me some advice. A member if my family (my brother in his 20s) is slightly "slow" but not in a very noticeable way, unless you know him well. He is working in a normal job, living in an apartment in town, earning a living, and getting by. However, he is not really capable of managing money. What he does with his salary is his own business (it's usually spent half an hour after it hits his bank account!) but that's his own affair. However, he has now discovered the joys of overdrafts, credit cards and bank loans, without fully understanding that he has to repay them at some stage. While some of you may be smiling, thinking "we're all the same", I am really worried that he will get into serious difficulty as his plan is to go from bank to bank taking out more and more loans. He has gone mad on spending over the past couple of months, and on looking through his bank & credit card statements, I can now see why. Could anyone please tell me if there is some way I can get banks etc to stop extending these types of credit to him?
Thanks in advance.
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