View Poll Results: Is there a moral obligation to repay money you borrow?

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  • If you borrow money, you are morally obligated to repay it.

    110 34.48%
  • I feel no moral obligation to repay loans I've taken out

    209 65.52%
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Thread: Are you morally obligated to repay a loan that you take?[W:461]

  1. #1
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    Are you morally obligated to repay a loan that you take?[W:461]

    If you borrow money, do you feel there is a moral obligation to repay the money you borrowed?
    You can't reason anyone out of a position they didn't reason themselves into in the first place.

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    Re: Are you morally obligated to repay a loan that you take?

    yes........
    Don't be a grammar nazi - Marcus Aurelius, Meditations, Book 1 #7

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    Re: Are you morally obligated to repay a loan that you take?

    Yes......

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    Re: Are you morally obligated to repay a loan that you take?

    Quote Originally Posted by Papa bull View Post
    If you borrow money, do you feel there is a moral obligation to repay the money you borrowed?
    Only if you have not given the borrower collateral that you return in lieu of payment. A borrower should never be responsible for the loss a lender may sustain because they took insufficient collateral or the collateral has lost value. That is on them.

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    Re: Are you morally obligated to repay a loan that you take?

    Quote Originally Posted by Papa bull View Post
    If you borrow money, do you feel there is a moral obligation to repay the money you borrowed?
    Yes for so long as my situation allows me to repay it.

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    Re: Are you morally obligated to repay a loan that you take?

    Quote Originally Posted by iguanaman View Post
    Only if you have not given the borrower collateral that you return in lieu of payment.
    LOL. That's what I figure most lefties would say. "screw 'em, let them keep the house (or car or TV or furniture) since it isn't worth what I paid for it".
    You can't reason anyone out of a position they didn't reason themselves into in the first place.

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    Re: Are you morally obligated to repay a loan that you take?

    Quote Originally Posted by Declan View Post
    Yes for so long as my situation allows me to repay it.
    Agreed. If it's truly impossible to repay, bankruptcy seems like a necessary evil.
    You can't reason anyone out of a position they didn't reason themselves into in the first place.

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    Re: Are you morally obligated to repay a loan that you take?

    The govt pays back all of the money it borrows. It does not default on its' debt (though the immoral republicans are doing everything they can to change that)

    Then it turns around and borrows again.
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    Re: Are you morally obligated to repay a loan that you take?

    Quote Originally Posted by Papa bull View Post
    If you borrow money, do you feel there is a moral obligation to repay the money you borrowed?
    I would rephrase it that I am morally obligated to make the payments I agreed to when I took out the loan. Not quite the same thing, but close.
    We became a great nation not because we are a nation of cynics. We became a great nation because we are a nation of believers - Lindsey Graham

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    Re: Are you morally obligated to repay a loan that you take?

    I'd say it's economically efficient and fiscally smart to repay loans, because of credit ratings and such, but I'm not so sure I'd call it a "moral obligation."

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