Never Be a Guarantor, No Matter What

Friends Bar.

"Adam".

As soon as they arrived, Lily and the others greeted them warmly.

"Bacchus, Lily."

Adam joked.

"What's the big deal?"

Lily said smugly.

"Ted, aren't you going to introduce him?"

Adam looked at the extra woman at the table.

"How do you know Heather is my sister...?"

Before Ted could finish speaking, he glared at Lily: "No need to say anything more, Lily must have told you..."

Lily is a big mouth and has absolutely no sense of privacy.

One second you tell her the secret, the next second the whole world knows.

If you don't let her talk, she'll suffocate.

This is a skill.

Emmm.

My aunt perfectly inherited the legacy.

"It wasn't me this time!"

Lily cried out in grievance.

"This time, it really wasn't Lily who told me."

Adam laughed and said, "You two have a lot in common."

"Yeah?"

Ted smiled and said, "Adam, let me introduce you. This is my sister Heather. Heather, and this is Adam."

Hello, Heather.

Adam greeted her with a smile.

Hello, Adam.

After greeting Adam, Heather complained to her older Ted, "You have so many good friends, why don't you ever tell me?"

You know why.

Ted muttered a complaint, then, seeing Heather glaring at him, raised his hands in surrender. "Okay, I know you've grown up and matured. I won't say anything more to you. Now I'm introducing you to him. Adam is a doctor, and he has nothing to do with your financial career."

"Who said that?"

Heather retorted, "Doctors are all high-quality clients. Getting to know more doctors means gaining more connections. Besides, Adam doesn't look like an ordinary doctor, does he?"

How did you know?

Ted couldn't hold back any longer.

Please!

Heather looked at her older brother with a mocking expression. "Would this many people surround and cheer for a normal doctor when he came in?"

"Well."

Ted stared in disbelief at his good-for-nothing sister.

Is this still his sister, who's a petty thief, good for nothing but enjoying life, and can't even tell whether to push or pull when entering a room?

When did you become so shrewd?

My little sister is growing up beautifully.

At that moment, Ted's eyes were filled with satisfaction.

"It seems I did do the right thing after all."

"Oh?"

Adam sat down next to Robin and asked curiously, "What did you do?"

"Heather is coming to New York to make a living and needs people to sign the lease to rent an apartment New York."

Lily finally got a chance to speak.

"Ted was unwilling at first?"

Adam seemed to be deep in thought.

Ted's younger sister is probably unreliable.

Joint signatures are essentially a form of guarantee.

In Adam previous life, I witnessed many such cases and I understand that even if a relative asks for a guarantee, one should not act as a guarantor for them.

Once the other party either runs away or lies down and pretends to be lazy, the debts they owe will fall on your shoulders.

Moreover, the probability is not low.

Adam had a classmate who was very loyal. Whenever a friend asked him for help, he would help without hesitation.

Several years after graduation.

A good friend of his said he needed some temporary cash flow for his business and asked him to lend him some money.

The number is not small.

He didn't have that much money himself, but his good friend asked for help, and he always did honest business, which was thriving.

This amount of money is a large sum for him, but it's nothing to his good friend; it's understandable that he needs it temporarily.

So, at his friend's request, he borrowed a lot of money from relatives, friends, and some acquaintances in the village who lent money, and gave it to his friend.

Emmm.

The loan was made in the name of a good friend, and the IOU was also written formally by the good friend. However, since he was the one who made the loan, he was undoubtedly the guarantor.

Otherwise, who would know who his best friend is?

Then his nightmare began.

After receiving the money, my good friend didn't know what to do with it. I heard he gambled it all away, his business collapsed, and he ran away to another city, saying he was going to work to pay back the money.

One year, two years, three years have passed.

The other party can't even be seen. Every time I call, it's the same sentence. "I'm trying."

Adam, that loyal classmate, is in trouble.

Money from relatives and friends can be delayed, even if it's a bit shameless. But borrowed money must be repaid, and it must be repaid as soon as possible, otherwise, with the interest compounding, your life will be ruined.

He gambled away all his savings from the past few years with his best friend, leaving him penniless. He started working desperately to earn money, but no matter how hard he tried, there was no way to make money work for him faster.

After working for three years, I could only afford to pay the interest.

My girlfriend, with whom I was supposed to get married, broke up with me, as expected.

Complaints from relatives and friends were incessant.

He was a sunny and robust man who was not yet thirty. In three years, he lost dozens of pounds and looked haggard, though not to the extent that 'Zhen Shiyin revealed the state of his later years'.

But I was completely numb.

When Adam traveled through time, I heard that he had come to a realization. He lay down and said to the village loan shark he knew, "I'll pay back the principal, but I won't give you any interest. I have no money, but you can take my life."

We're all acquaintances; everyone knows each other.

Seeing that Adam had been pushed to this point, the loan sharks, who were acquaintances, were also helpless. They had already collected high interest rates for three years, and if they pressed him any further, it would become a bad debt. So they agreed to only repay the principal for now.

But even with the principal, given Adam's earning speed, it would take him at least ten years, without eating or drinking, to accumulate it.

He was originally a good person with a good personality and strong abilities. He found a good job right after graduation and had a beautiful girlfriend whom he had been dating since college and was about to get married. He was the envy of almost all his classmates.

But now, because of his momentary enthusiasm, he has fallen into a pit.

This is the harm of acting as a guarantor for someone else.

Because you can never predict what uncontrollable things the other party might do.

Returning to the topic of Ted's sister Heather's lease agreement, it requires joint signing with the signatory.

In the United States, renting a house not only requires a joint signatory, but also that person's annual income be dozens of times the monthly rent, and that they have a good credit record for five consecutive years as collateral.

For Ted, not paying rent is not a big deal.

The real fear is that his sister Heather might cause some trouble in the house, such as damaging the property, which would be something Ted couldn't easily handle.

Judging from Ted's demeanor, his sister is probably unreliable most of the time.

His initial reluctance was perfectly reasonable.

Please!

Ted complained, "How can you blame me? She spent six years going to three colleges, ruined two cars, had a five-day marriage, and spent nine weeks in a tree."

Last time he said he was going to transfer to New York University, but on the day of his admissions interview, he secretly sold my TV and sofa. The TV alone was worth $2,000, and he used the money to fly to Spain for some concert.

"Hey!"

Heather exclaimed, "I thought they were going to cut down that tree! I was doing this for environmental reasons!"

"But nobody wants to cut down that tree."

Ted was helpless.

"..."

Adam struggled to contain himself when he heard this.

Heather and Phoebe are somewhat similar; both are environmental activists who do things that are both laughable and infuriating.

Staying in a tree for nine weeks?

Emmm.

From this perspective, she's even more impressive than Phoebe.

It's definitely unreliable.