Give Loans with Personal Implicated Interests

If loan is not about money, the interests for the loan can be of a large variety of commodities. It is only one case when you lend money to someone and you expect interest for it in real money, let’s say that in a few cases maybe different services in change of the interest.
Personal loans are direct loans in their real meaning. A personal loan for example can be the situation when you lend your car to a friend and ask him to wash the car before he returns it in change. This is a personal loan with personal implicated interest. The loan subject is the car and the interest is the car wash that you expect in change for lending your car.

Personal loans are the most unsecured loans, because you will base it on your friendship and trust in the person whom you will lend your car to.
The unsecured part is that you are relying on trust and may put your friendship in danger by lending anything to friends and relatives if they don’t respect your terms. And this very solid and undisputed rule even if you do business or undertake services for friends or relatives. Never do that and that is available vice versa. Never give loans to family, relatives or friends nor do businesses with these people.

Personal implicated interests are an advanced form of interest which can easily change into money if it is well established from the beginning and it is available only when giving personal loans without implicating any bank or financial institution.
When going to a bank and asking for a personal loan you will understand that they have well established rules and don’t work with trust that is why they will not accept any personal implicated interests. It would be funny if you would have to pay off your car loan and go to the bank with a can of gas with the value of your monthly rate.

Personal loans were used a lot in agriculture in the past, where some who had lots of farm land gave pieces of it to other people, and the loan had to be paid off with a percentage of the crop.
This kind of loan was strangely a little more secured loan, by relying on the land’s productivity, something that did not need much work, only a little investment, the pay off of the loan was assured in every way.