So when someone borrow it from you and they said they needed for their family but in the end he use it for gambling. What are you gonna do? Did you even follow him in everywhere, because when they need money most of them find many ways to earn it included cheating their only bestfriends. Until they dont know where to borrow again then they will go to loan shard to borrow with a higher interest
If you don't know your friend have problems with gambling then how can you call him your best friend?
You don't know who are you lending money to? As I said before, lending money to addicted gamblers is not a remedy, it's a poison for them.
He does know he's got a problem as hes just told you what happened but he might not have known beforehand. Many close friends or family don't know about their relations drug or gambling addictions because they keep it hidden.
in my opinion, anybody who asks for a loan in order to gamble with the money has serious case of gambling addiction. because you should always gamble with your own money and most importantly is that you should always gamble with the money that you can afford to lose.
while losing borrowed money is double loss because you lose your bet and you have to pay back with interest what you have borrowed!
Yep. If you're borrowing money to gamble then this is when its clear that that person is addicted and is in trouble.