Money lending to family
- Thread starter Aruffell
- Start date
Jamie1984 said:
I guess your siblings differ from mine.
My brother wouldn't lend me any money.
I borrowed money once when i was 16 and i borrowed £50 but had to give me £60.
I never borrowed from him again.
It's not about the £100.
I can live without £100.
They know that i can live without £100.
It's the principle and i want to teach them a lesson to show that they can't treat people like this.
I really don't care about the money but just last week he phoned my brother and asked if he could get some new alloys as he wants some they look different.
If i was in debt, i wouldn't keep buying stuff.
ARGHHHHHHHHHHHHH lol
I get what your saying, my bros done the whole pay me back more than what you borrowed thing, even if it was a quick loan for a day. Tell your parents to stop answering his calls and you should do the same, make him realise you and your parents arent his personal banking service
Aruffell said:
Yeah i guess my brother and sister are different tho they aint perfect (who is?)
they will learn a lesson by cutting themselves off and you and your parents not digging them out with financial help. be the bigger man and focus on what matters (your parents!) which it seems you are looking after anyway
maybe some advise his brother should be taking, after all it is he and his partner threatening and denying access to the kids. maybe when people stop handing out cash they will be forced to face up to their own mess....one can only hope.Nix said:
You wont be able to get the £100 back through the courts.. The courts don't count domestic contracts like this as legally binding contracts (there is an assumption not easily rebutted that there is no intention to create legal relations - Balfour v Balfour). The point of this is to stop the courts being swamped by often petty cases.
Aruffell said:You don't know the half of it Nix lol
I know so much dirt on the girl, but i'm too nice to say anything
Sorry to hear about this mate, didnt realise I was not on MSN otherwise I'd have spoken to you already! Try not to let them get to you.
It certainly sounds like there is a family issue here and yes - you are owed money.
However at the same time they obviously cannot afford to pay this money back.
Just because somebody "needs" to buy something expensive doesn't neccessarily mean they can afford to pay off even the smallest debt.
At the end of the day I need a car as where I live there is literally no other way of getting to work.
At the end of the day this is your brother and this is £100.
Now personally I'd do almost anything for my brother.
Sure he can be a complete pain in the arse - he took a year out a few years ago to go travelling around the world for nine months.
With about two months left to go he started running out of cash (didn't get the work out in Australia he needed etc).
My parents helped him out and I sent out a fair amount his direction so he didn't have to cut short his "holiday".
I don't like lending to family - my parents borrowed £2000 a few years back to tode them over a small period during a loan being paid off before they could take a new one to cover something or other.
It was all paid back over the agreed 18 months.
If it hadn't been, at the end of the day it would still have been family....
However at the same time they obviously cannot afford to pay this money back.
Just because somebody "needs" to buy something expensive doesn't neccessarily mean they can afford to pay off even the smallest debt.
At the end of the day I need a car as where I live there is literally no other way of getting to work.
At the end of the day this is your brother and this is £100.
Now personally I'd do almost anything for my brother.
Sure he can be a complete pain in the arse - he took a year out a few years ago to go travelling around the world for nine months.
With about two months left to go he started running out of cash (didn't get the work out in Australia he needed etc).
My parents helped him out and I sent out a fair amount his direction so he didn't have to cut short his "holiday".
I don't like lending to family - my parents borrowed £2000 a few years back to tode them over a small period during a loan being paid off before they could take a new one to cover something or other.
It was all paid back over the agreed 18 months.
If it hadn't been, at the end of the day it would still have been family....
No offense mate, but it sounds like your brothers fallen and rolled a fair way from the family tree, towards a more scummish tree that his wife is close to, now hes part of that, you sure you really want him bothering you and your parents anymore?
You might wana go have a sit down with your parents, let them know that hes an idiot and completely obnoxious, and make sure they know that its him thats gone sour and hes talking rubbish, and that they should ignore him aslong as he keeps it up.
You might wana go have a sit down with your parents, let them know that hes an idiot and completely obnoxious, and make sure they know that its him thats gone sour and hes talking rubbish, and that they should ignore him aslong as he keeps it up.
I've experienced a similar issue with my sister, which caused a lot of problems a couple of years ago before she left to work on a cruise ship. Still bitter about it even now when she's back so I refuse to lend anymore money to her.
That and I've got my own cash flow to think about.
That and I've got my own cash flow to think about.
Disagree. What you shold be saying is never lend it to the wrong family or friends.Nix said:
I know that I could lend money to my family members and I'd get it back. I also know I could lend it to a lot of my friends and get it back without having to ask for it. I know that I've got friends who I'd not lend to as I'd have to fight to get it back.
Nothing wrong with lending, as long as it's to the right people
Desmo said:Nothing wrong with lending, as long as it's to the right people
That's a given, but sometimes you only really find out just how 'right' someone is, after you've lent them the money. I lent someone money a few years back, and I would never have dreamed that I'd have any hint of trouble getting it back off her. I was very mistaken.
I did get it back in the end though, but I'll never lend money again.
Agreed. I've lent people small amounts before (£20-30) and if I've not had it back then that's their one and only chance. I'll lend most people a small amount once and that's the one chance they get which I'll decide on wether they will be lent more in the future. My mates used to call me Natwest Jim Branchdirtydog said:
But on this occassion, Aruffell knows that his brother has debt problems and so shouldn't really have been expecting it back :/
Soldato
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I lent my brother £20k last week which he has put towards the stamp duty on his new house. I know that I'll definately get it back within a year so I didn't have a problem with lending it to him.
If he were in financial problems then no way would I loan him, that sort of amount.
If he were in financial problems then no way would I loan him, that sort of amount.
