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The Ramsey Show Highlights

My Dad Wants Me To Take Out A $20K Loan For Him

The Ramsey Show Highlights

Ramsey Network

Investing, Self-improvement, Education, Business

4.5840 Ratings

🗓️ 31 October 2024

⏱️ 4 minutes

🧾️ Download transcript

Summary

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Transcript

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0:00.0

Brought to you by the Every Dollar app. Start budgeting for free today.

0:06.5

Basically, I'm kind of an up predicament right now.

0:10.0

Last week, we're at a family reunion. I think my dad come up to me and he just basically

0:15.7

asked me to take a loan for him of $20,000.

0:21.4

For what?

0:22.2

Just casually.

0:23.9

Yeah, just casually.

0:25.6

For what?

0:28.3

He says he had some business going on.

0:31.0

He didn't give me any details.

0:33.0

I know I don't need to take the loan out.

0:35.7

Okay.

0:36.2

I just want to know how to basically, you know, turn him down without having any issues.

0:41.4

Okay.

0:42.1

Clearly and quickly.

0:43.9

Hey, Dad, Pops, listen, thought about it for about two seconds.

0:48.3

No.

0:50.2

Not going to do it.

0:51.4

Love you, Dad.

0:52.5

You're awesome.

0:54.0

Not happening. What would you add to that? I thought he was going to do it. Love you, Dad. You're awesome. Not happening. What would you add to that?

0:57.0

I thought he was going to say, I just want to ask you guys what was wrong with them.

...

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