APAD: Creditors have better memories than debtors.
This proverb means that people who are owed money tend to remember the debt longer than those who owe it. It implies that people should be mindful of their debts and make an effort to repay them in a timely manner.
Comically, Ambrose Bierce in his book, The Devil’s Dictionary, defined “forgetfulness” as a gift from God bestowed upon debtors in compensation for their destitution of conscience.
Incurring a debt is something that everyone, from the richest of the rich to the poorest of poor, can relate to. An anecdote would usually start with a debtor acting extra friendly and pleasing with a prospective creditor, full of promises and guarantees, but once the financial assistance is given, the debtor would usually magically disappear to the land of Narnia, leaving the creditor with a memory of the debt and the feeling of indignation or distress at not being paid. However, this is taking the subject matter lightly.
In reality, many people seek help from creditors like financing and lending corporations, just to make ends meet. Given what appears to be a lack of substantial improvement in the economy, a lot of these people fail to make good on their debts and consequently avoid their creditors. Thus, the cat-and-mouse chase for payment.
