And many parents actually perceive their kids aspotential insurancefor the days of their own retirement.
They say, we spend time bringing them up now let them do the same in several decades!
This approach, to put it mildly, is wrong.
So, lets read on.
Well, you probably understand it perfectly well.
People have worked hard for many decades, and now they want to enjoy life to the fullest.
And a boat is a great idea for this, you must agree.
But theres a catch.
And yet, they did it.
An investigation was launched after all, the bank employee assumed that the authors identity might have been stolen.
And then theres more.
And they did what seemed the most logical thing to them they simply stopped paying.
It also turned out that the boat cant be repossessed, since its a personal loan.
The thing is that the authorstoddlerrecently accidentally burned himself on a hot pan.
And here, the parents of the original poster really face serious consequences.
Loan fraud can occur in many different forms.