• This is a political forum that is non-biased/non-partisan and treats every person's position on topics equally. This debate forum is not aligned to any political party. In today's politics, many ideas are split between and even within all the political parties. Often we find ourselves agreeing on one platform but some topics break our mold. We are here to discuss them in a civil political debate. If this is your first visit to our political forums, be sure to check out the RULES. Registering for debate politics is necessary before posting. Register today to participate - it's free!

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

Is there a moral obligation to repay money you borrow?


  • Total voters
    98
Re: Are you morally obligated to repay a loan that you take?

And that argument fails as I already pointed out the fundamental logically difference between a bank and a person

And your argument fails as I've already pointed out since if a persons morality is flexible and default can be justified, they'll do that to regular people with the same justification.
 
Re: Are you morally obligated to repay a loan that you take?

The agreements terms include non-payment so not paying is not "not holding up your end of the agreement"; It's a part of the agreement.

Lol! That goes into effect after you failed to uphold your side of the agreement.
 
Re: Are you morally obligated to repay a loan that you take?

And your argument fails as I've already pointed out since if a persons morality is flexible and default can be justified, they'll do that to regular people with the same justification.
I never have and I've taken pretty disgusting work for the money to repay someone. Why? Because when dealing with an individual its more than just a business deal, there is a relationship and a person who is deserving at both ends.

The two scenarios are completely different to me. When I make an investment I accept risk and I have no obligation for profit or even that business surviving. Because I accept that risk I accept people defaulting but on a business level, not a moral one.

Its just money. People are far more important
 
Re: Are you morally obligated to repay a loan that you take?

Abiding by the terms of a mortgage - and mortgages specify what happens in cases of non-payment - is not "****ing over a corporation

You want to change the subject and the situation to justify moving the goal posts.... Gee.. never saw that happen before on a forum. :lamo

It's nice to know your have a very flexible sense or morality. Solid as jello.
 
Re: Are you morally obligated to repay a loan that you take?

Nonsense.
that's convincing..

I'm sure you base some moral decisions on the person and the situation being dealt with.
I'm sure I do too...


Take killing people - I'm sure you think there are certain situations and certain people where it's moral to kill them and other situations and people where it's not OK.
well certainly, I do find it moral to kill some folks...and immoral to kill others.
making that determination is quite a bit different than determining whether or not I have a moral obligation to repay my debts, though.

Your pretense of moral superiority is laughable because your position is so far removed from morality that you have to argue that morality is completely independent of reality.
the pretense of moral superiority exists only in your mind... i'm lots of things, but morally superior is generally not something i'm ever accused of.:lol:
but I do understand you getting defensive, nonetheless.
 
Re: Are you morally obligated to repay a loan that you take?

I never have and I've taken pretty disgusting work for the money to repay someone. Why? Because when dealing with an individual its more than just a business deal, there is a relationship and a person who is deserving at both ends.

So I can take out a loan and then decide the other party is immoral and be not be morally obligated to pay back the loan? Lol!
 
Re: Are you morally obligated to repay a loan that you take?

I never have and I've taken pretty disgusting work for the money to repay someone. Why? Because when dealing with an individual its more than just a business deal, there is a relationship and a person who is deserving at both ends.

Congratulations. I'm sorry though it doesn't change my view or my opinion on the subject.

Think of the person at the corporation who's responsible for say a loan or dollars ... they'll get reprimanded or in the worst case fired, they'll be out of work and that puts his/her kids and family at risk of losing their house, apartment, car, ability to live. But hey... wtf.... it's only a soulless corporation right? **** 'em right?
 
Re: Are you morally obligated to repay a loan that you take?

So I can take out a loan and then decide the other party is immoral and be not be morally obligated to pay back the loan? Lol!
Yes, hopefully the person on the other end was smart enough to bind you in a contract. If not, its a life lesson for them.

Not sure why this would be funny though
 
Re: Are you morally obligated to repay a loan that you take?

If those guys choose to be victims, then maybe they learn better at some point.

I'm not placing myself st the mercy of an evil (while a necessary evil for economic functionality, its an evil) if I can help it

For me, it has nothing to do with evil, or morality

Business is supposed to be done at "arms length". Emotion and morals have nothing to do with it. In order for the market to work at its' most efficient, all parties must act according to their own best interests. Anything else distorts the market
 
Last edited:
Re: Are you morally obligated to repay a loan that you take?

Congratulations. I'm sorry though it doesn't change my view or my opinion on the subject.

Think of the person at the corporation who's responsible for say a loan or dollars ... they'll get reprimanded or in the worst case fired, they'll be out of work and that puts his/her kids and family at risk of losing their house, apartment, car, ability to live. But hey... wtf.... it's only a soulless corporation right? **** 'em right?

That person wasn't good enough at their job to assess risk correctly. Hardly anyone is fired for one default unless they have the worlds ****tiest manager. There has to be a pattern of bad judgment.
 
Re: Are you morally obligated to repay a loan that you take?

I'm going to get a government loan and then when they demand payment I will just declare government is immoral and that I have no moral obligation to pay my debt. That should work. Lol
 
Re: Are you morally obligated to repay a loan that you take?

That's laughable. Clauses in contracts that indicate consequences for the non-compliance of one or the other of the parties are not options for "abiding" by the contract.

Yes they are options for abiding by the terms of the contract. The contract spells out such options.
 
Last edited:
Re: Are you morally obligated to repay a loan that you take?

I'm going to get a government loan and then when they demand payment I will just declare government is immoral and that I have no moral obligation to pay my debt. That should work. Lol
Good luck with that. You might want to consult a CPA or lawyer before executing that plan though
 
Re: Are you morally obligated to repay a loan that you take?

If at all humanly possible.


However, many lenders should be a little more humane in working with people who are going through a rough time.

Lending is a business, not a charity. It doesn't say anywhere on the contract that people ought to pay back the money if they feel like it or if they can. It says they will pay it back under the terms of the contract period. People need to stop pretending that this is all optional. You signed a contract and gave your word that you would fulfill the contract. People's words ought to be worth something.
 
Re: Are you morally obligated to repay a loan that you take?

Good luck with that. You might want to consult a CPA or lawyer before executing that plan though

Especially since the government doesn't have to respect bankruptcies. They're going after any assets you have and if you have none, they can put you in jail.
 
Re: Are you morally obligated to repay a loan that you take?

that's convincing..

I'm sure I do too...


well certainly, I do find it moral to kill some folks...and immoral to kill others.
making that determination is quite a bit different than determining whether or not I have a moral obligation to repay my debts, though.

the pretense of moral superiority exists only in your mind... i'm lots of things, but morally superior is generally not something i'm ever accused of.:lol:
but I do understand you getting defensive, nonetheless.

The bottom line is that, like myself, you decide whether a course of action is moral based on a number of factors, including who will be affectde by the action and how.
 
Re: Are you morally obligated to repay a loan that you take?

Yes, hopefully the person on the other end was smart enough to bind you in a contract. If not, its a life lesson for them.

Not sure why this would be funny though

It's funny because it is the most immoral filth I have heard in a long time. It is however nice to know you're the reason contracts are needed. You should probably complain about how business is immoral some more. I won't laugh at the irony to much.
 
Re: Are you morally obligated to repay a loan that you take?

Especially since the government doesn't have to respect bankruptcies. They're going after any assets you have and if you have none, they can put you in jail.
He was trying to make a stupid point and failed at it
 
Re: Are you morally obligated to repay a loan that you take?

Good luck with that. You might want to consult a CPA or lawyer before executing that plan though

There is a reason I laughed at the end.
 
Re: Are you morally obligated to repay a loan that you take?

The agreements terms include non-payment so not paying is not "not holding up your end of the agreement"; It's a part of the agreement.

well, I suppose that's one way to rationalize it.
 
Re: Are you morally obligated to repay a loan that you take?

It's funny because it is the most immoral filth I have heard in a long time. It is however nice to know you're the reason contracts are needed. You should probably complain about how business is immoral some more. I won't laugh at the irony to much.

Your sense of morality is screwed up big time so your view on my view means nothing.

Business is necessary and I learned a long time ago to play my role while working so I have more resources to be me during the times I can be free. The world is what it is. Some believe in it and some dont. I believe in it enough to get my living resources (and I've gotten pretty good at it) but its just an artificial game to me. But this is unimportant and if you want to laugh SL be it, I will continue to enjoy my life on my terms.
 
Re: Are you morally obligated to repay a loan that you take?

He was trying to make a stupid point and failed at it

No, the point didn't fail at all. Since government is immoral in my opinion using your logic I have no moral obligation to pay back any government loans that I might have.
 
Re: Are you morally obligated to repay a loan that you take?

Lending is a business, not a charity. It doesn't say anywhere on the contract that people ought to pay back the money if they feel like it or if they can. It says they will pay it back under the terms of the contract period. People need to stop pretending that this is all optional. You signed a contract and gave your word that you would fulfill the contract. People's words ought to be worth something.



Agreed, words mean something.

People mean something too though.

A lot of people find themselves in circumstances they didn't expect. When they were 30yo professionals bringing in a household income of 120k a year, that 25 year mortgage probably sounded like something they could easily manage.

When twenty years later the business Mr was in doesn't exist anymore thanks to outsourcing or technology, and Mrs was stricken by a strange disorder that has left her unable to work, things look a lot different.

A little humanity towards one's fellow man may not be a fundamental business principle... but maybe it should be.
 
Last edited:
Re: Are you morally obligated to repay a loan that you take?

No, the point didn't fail at all. Since government is immoral in my opinion using your logic I have no moral obligation to pay back any government loans that I might have.
You don't have a moral obligation, just a legal one just like a contract
 
Back
Top Bottom