Lending money to friends.

Kristoph

Kristoph

Kristoph

Soldato
Joined
11 May 2007
Posts
8,303
Hey,

I got a call yesterday from a mate who lives up my road - he asked for a favour. Ok, so it's not much - but he asked to borrow £20 until today, possibly tuesday.

Now, I'm a student - and I don't have a lot of cash - infact I took out £20 for myself last night and gave him £20.. leaving myself with nothing in my account.

I sorta want this cash today but his number doesn't work anymore - I guess his phone has been barred.

His reason for borrowing the cash was for his 'heart tablets' he had to buy today... but it made me wonder - how is he gnna get the cash this evening if he didn't have it before?

I haven't known him for ages, but he lives too close to not pay it back, but I have a feeling it's going to be more than a day or two.


Whats your experiences with lending cash to mates?
 
very simple : DONT LEND MONEY TO FRIENDS

thats my rule from experience, it has the potential to ruin friendships

edit:

doesn't mean i wouldnt lend a good mate £10 if need be. just not large amounts.
 
Simple. Never lend anyone any money that you are not prepared to never see again. Just because they are a "friend" doesn't mean they will repay you.

EDIT: and above statement about it ruining friendships.
 
I've never had a problem leading people money really, an odd fiver here or there not returned but that usually comes back in pints etc
I lent one mate £150 back in college to help him out in a tight spot and three days later it was returned with a little bonus for helping him out.
If he's out and your with him, just tell him you have no cash and need it
 
I always get it back. My friends don't mess me about when it comes to it, however I've stopped lending to one guy as he always takes ages to pay back and I don't like having to hassle someone to give it back.

People I've borrowed from get it back the same day usually, or the next day; I usually only borrow from one guy, and he lives pretty much around the corner from me.
 
Depends, if their mates i almost see at least once a week and know where they live, trust them etc i dont mind, my mate lent me £50 so i could see Linkin park last week he got it back 2 days later no prob, but we see each other every few days so if i would find it really awkward if there was something hanging over us like owing money etc.
 
Never lend money to friends (or family) unless you'd be prepared and able to give them the same amount, and are willing to treat getting the money back as a bonus, rather than a guarantee

If you accept the above rule, you won't have a problem. If you lend money you can't afford, or think you must get it back, it's going to go wrong.
 
Yeah I can normally trust close mates, especially housemates. I'm too trusting though, I guess we'll see if he gives it back or not. I actually thought I had more cash in my account than I did - so even thought twice at the cashpoint.. but I thought - if I'm getting it back Monday or Tuesday it's no problem.
 
i only ever lend any money to el_dazza lol cos i know i'll get it back, same with him, if i need help he'll help me out knowing i will get it back to him asap.

i guess it depends who it is, there aint many people i will lend it to
 
It's normally me borrowing cash - I give it back the next day, or if it's to help me out for the last week before pay day - they know they'll get it that day and no later.
 
I just loaned a pal a substantial amount. I have known him for 15 years so I don't have an issue. If its someone I don't talk to that much or haven't know that long I always say no.
 
**** sakes!!!!

I just text a work mate who knows him fairly well. Asked him why his number aint working. Apparently he hasnt been able to pay his bills.

He's been borrowing money off friends quite a lot lately too. Blaming it on needing to get his meds for his 'heart problem' - which I just found out is all a lie.

He's been signed off work, now he's got £20 of my cash. ******* joke.

If I don't get it back tomorrow I'll be going up to his house to have a chat.
 
I only lend money to 2 of my mates, i know they will pay me back. One lent me £500 once, paid him back and a bit extra, no problems about lending him money.

But can understand it ruining friendships and thats why I only lend to 2 mates. :P
 
You must log in or register to reply here.
Back
Top Bottom