Author Topic: PSA: Don't swipe recklessly for others  (Read 71366 times)

Offline Ergel

  • Dansdeals Lifetime 10K Presidential Platinum Elite
  • *******
  • Join Date: Jun 2010
  • Posts: 11244
  • Total likes: 62
  • DansDeals.com Hat Tips 2
    • View Profile
Re: PSA: Don't swipe recklessly for others
« Reply #45 on: January 02, 2014, 11:02:48 AM »
Lo asrah Torah ela ribbis hbaah miloveh lamalveh
Life isn't about checking the boxes. Nobody cares.

Offline churnbabychurn

  • Dansdeals Lifetime Presidential Platinum Elite
  • *********
  • Join Date: Jul 2012
  • Posts: 6898
  • Total likes: 159
  • DansDeals.com Hat Tips 0
    • View Profile
  • Location: Lakewood
Re: PSA: Don't swipe recklessly for others
« Reply #46 on: January 02, 2014, 11:11:17 AM »
Aren't there potential ribbis issues with that too?

ETA: That was weird, don't know why it didn't warn me that someone posted while I was typing.
Great minds think alike.

Offline bochur123

  • Dansdeals Gold Elite
  • ***
  • Join Date: Nov 2013
  • Posts: 150
  • Total likes: 0
  • DansDeals.com Hat Tips 1
  • Gender: Male
    • View Profile
Re: PSA: Don't swipe recklessly for others
« Reply #47 on: January 02, 2014, 11:18:12 AM »
Theres some dude that gets a bunch of crown heights guys to email ppl to buy iphones right when they come out. I tried convincing my buddy outta of it, but he laid out $50,000 in cc.
He surprisingly got paid back
Small difference between that guy and others, others usually want you to lay out because they need more cash flow. This guy is not doing it for cash flow. There is a limit of 10 iphones per cc and he needs lots of them for his business. He pays back as soon as he receives them not after he sells them... So while there is obviously still a risk but its a bit different.

Offline Nitantnel

  • Dansdeals Presidential Platinum Elite
  • ********
  • Join Date: Apr 2011
  • Posts: 3000
  • Total likes: 1
  • DansDeals.com Hat Tips 0
    • View Profile
  • Location: Brooklyn
Re: PSA: Don't swipe recklessly for others
« Reply #48 on: January 02, 2014, 11:20:46 AM »
@OP, how about making a poll like this one:

What was your experience when lending out your credit card?
-I never lent out my credit card.
-I lent out my credit card and did not have any issues.
-I lent out my credit card and unfortunately had serious issues.
-I am still waiting for payment on cards that I lent out to family or friends.
 
« Last Edit: January 02, 2014, 11:24:15 AM by Nitantnel »

Offline skyguy918

  • Dansdeals Presidential Platinum Elite
  • ********
  • Join Date: Mar 2011
  • Posts: 2590
  • Total likes: 81
  • DansDeals.com Hat Tips 0
  • Gender: Male
    • View Profile
  • Location: Queens, NY
Re: PSA: Don't swipe recklessly for others
« Reply #49 on: January 02, 2014, 11:25:10 AM »
Lo asrah Torah ela ribbis hbaah miloveh lamalveh
It may be ha'aromas ribbis. As always, ask your LOR.

Offline rots5

  • Dansdeals Lifetime Presidential Platinum Elite
  • *********
  • Join Date: Jul 2011
  • Posts: 8136
  • Total likes: 8
  • DansDeals.com Hat Tips 17
    • View Profile
    • Custom Cakes for Every Occassion
  • Location: Monsey
Re: PSA: Don't swipe recklessly for others
« Reply #50 on: January 02, 2014, 12:00:25 PM »
no ribis if its a gemach type loan... i asked a LOR who is very chashuv. i went thru the halachos with him about this. as well as extracting money from the ganav with or with out him knowing.
If you have any questions please search and then ask. PM me for detailed help.

Offline Nitantnel

  • Dansdeals Presidential Platinum Elite
  • ********
  • Join Date: Apr 2011
  • Posts: 3000
  • Total likes: 1
  • DansDeals.com Hat Tips 0
    • View Profile
  • Location: Brooklyn
Re: PSA: Don't swipe recklessly for others
« Reply #51 on: January 02, 2014, 12:11:03 PM »
On the note of Ribbis,

I had a friend who got scammed out of 20K. 

His father, who is a Ruv, did not let him charge his scammer the interest -- he still hopes that he will one day pay him back.

So he used his own savings to pay it up. :(

Offline Achas Veachas

  • Dansdeals Presidential Platinum Elite
  • ********
  • Join Date: Jul 2012
  • Posts: 4217
  • Total likes: 7
  • DansDeals.com Hat Tips 3
    • View Profile
Re: PSA: Don't swipe recklessly for others
« Reply #52 on: January 02, 2014, 12:18:49 PM »
On the note of Ribbis,

I had a friend who got scammed out of 20K. 

His father, who is a Ruv, did not let him charge his scammer the interest -- he still hopes that he will one day pay him back.

So he used his own savings to pay it up. :(
Charging the interest would be clear Ribbis IINM
Curiosity made the cat smarter.

Offline Ergel

  • Dansdeals Lifetime 10K Presidential Platinum Elite
  • *******
  • Join Date: Jun 2010
  • Posts: 11244
  • Total likes: 62
  • DansDeals.com Hat Tips 2
    • View Profile
Re: PSA: Don't swipe recklessly for others
« Reply #53 on: January 02, 2014, 12:19:57 PM »
Charging the interest would be clear Ribbis IINM
Avak ribbis, but yes
Life isn't about checking the boxes. Nobody cares.

Offline skyguy918

  • Dansdeals Presidential Platinum Elite
  • ********
  • Join Date: Mar 2011
  • Posts: 2590
  • Total likes: 81
  • DansDeals.com Hat Tips 0
  • Gender: Male
    • View Profile
  • Location: Queens, NY
Re: PSA: Don't swipe recklessly for others
« Reply #54 on: January 02, 2014, 12:23:23 PM »
no ribis if its a gemach type loan... i asked a LOR who is very chashuv. i went thru the halachos with him about this. as well as extracting money from the ganav with or with out him knowing.
I think there's a clear difference between someone who's doing it for another in need and someone who's doing it for the point/miles/cb profit of it.

Offline real-brisker

  • Dansdeals Lifetime Platinum Elite
  • *******
  • Join Date: Nov 2011
  • Posts: 2362
  • Total likes: 8
  • DansDeals.com Hat Tips 0
    • View Profile
Re: PSA: Don't swipe recklessly for others
« Reply #55 on: January 02, 2014, 12:31:48 PM »
I think there as important point missing here.

What is the guy spending the money on?

Meaning - is it something that if the deal goes sour there is nothing left,

Or is it, that there will be left with merchandise let's say, and it will be a hassle to sell and get rid of, but not necessarily a loss.


Offline Nitantnel

  • Dansdeals Presidential Platinum Elite
  • ********
  • Join Date: Apr 2011
  • Posts: 3000
  • Total likes: 1
  • DansDeals.com Hat Tips 0
    • View Profile
  • Location: Brooklyn
Re: PSA: Don't swipe recklessly for others
« Reply #56 on: January 02, 2014, 12:37:26 PM »
I think there as important point missing here.

What is the guy spending the money on?

Meaning - is it something that if the deal goes sour there is nothing left,

Or is it, that there will be left with merchandise let's say, and it will be a hassle to sell and get rid of, but not necessarily a loss.



The OP mentions, and I think he makes a good point, that even such transactions can go wrong. It's worth it to be cautions when your lending money that you never had.

Offline kracked dude

  • Dansdeals Lifetime Platinum Elite
  • *******
  • Join Date: Oct 2011
  • Posts: 1878
  • Total likes: 3
  • DansDeals.com Hat Tips 8
  • Gender: Male
    • View Profile
Re: PSA: Don't swipe recklessly for others
« Reply #57 on: January 02, 2014, 02:45:08 PM »
Now I'm getting really angry reading this week's Lakewood publications

Offline rots5

  • Dansdeals Lifetime Presidential Platinum Elite
  • *********
  • Join Date: Jul 2011
  • Posts: 8136
  • Total likes: 8
  • DansDeals.com Hat Tips 17
    • View Profile
    • Custom Cakes for Every Occassion
  • Location: Monsey
Re: PSA: Don't swipe recklessly for others
« Reply #58 on: January 02, 2014, 02:48:27 PM »
I think there's a clear difference between someone who's doing it for another in need and someone who's doing it for the point/miles/cb profit of it.
so i asked the rav this. this is still called a loan! there is no interest or money made directly from the investment. this is not ribis... points. if there is direct intrest then its part of his investment and ppl can screw you for your money and wont have to pay... technically.

one receiving points is a whole different world....
If you have any questions please search and then ask. PM me for detailed help.

Offline shmuelb

  • Dansdeals Platinum Elite + Lifetime Silver Elite
  • *****
  • Join Date: Mar 2011
  • Posts: 719
  • Total likes: 2
  • DansDeals.com Hat Tips 0
  • Gender: Male
    • View Profile
  • Location: Israel
  • Programs: Amex Plat, AAdvantage, Elal Matmid, Southwest, Delta Silver Medallion Skymiles, Hertz #1 Gold 5 Star, National Emerald Club Executive.
Re: PSA: Don't swipe recklessly for others
« Reply #59 on: January 02, 2014, 05:23:22 PM »
so i asked the rav this. this is still called a loan! there is no interest or money made directly from the investment. this is not ribis... points. if there is direct intrest then its part of his investment and ppl can screw you for your money and wont have to pay... technically.

one receiving points is a whole different world....

Sorry, I did not get your point, pun intended. But can you relate?
siyag lachachma :-)