'How much would you ask for back?' poll results/discussion

Former_MSE_Lawrence

Poll Between 01-08 July 2008.

How much would you ask for back?

If you had lent a friend some money, beneath what amount wouldn’t you bother to ask for it back? Which is closest to your typical answer?

I never ask for money back - 7% (584 votes)
£100 and over - 9% (731 votes)
£20 and over - 16% (1368 votes)
£10 and over - 22% (1836 votes)
£5 and over - 25% (2075 votes)
£2 and over - 5% (395 votes)
£1 and over - 5% (384 votes)
50p and over - 1% (78 votes)
10p and over - 0% (20 votes)
5p and over - 0% (20 votes)
I always ask for money back - 11% (943 votes)

This vote has now closed, but you can still click 'post reply to discuss below. Thanks

[threadbanner]box[/threadbanner]

Princess_Coupon

What 2 people have said they ask for 5p and over back? so they say to their friend "oh can I have that 6p back I lent you last week?" I'm suprised they lent it in the first place/have any friends

SkintBrideToBe

Yeah i think i would be quite embarrased to ask for money back if it was less than a quid or two, unless they were makin a habit of borrowing the odd bit of change everytime they saw u. Then it would mount up and would be worth mentioning!!!

Thunderbird_2

£100 and above. If they borrowed less than £100 and didn't return it, then I know I shouldn't trust them with more than £100.;)

Paul_Herring

Where's the MSE option of "What? Me lend money out?"

stogiebear

Friends stop being friends as soon as you lend them anything. I'd give the money sooner than lend it.

But if I had been momentarily caught in a moment of weakness (would never happen - I have no friends) I'd shame them into giving me back a fiver or more.

Woodyrocks

I feel quite uncomfortable having to ask someone for money that they know they owe me, especially if it is a lot. For that reason I have stopped lending money out full stop. I will GIVE you a little money if you are in desperate need and you may call it a loan but in my eye it is a gift because i know that i have only given what I can afford to do without. Lending money to friends is just bad news and has put an end to friendships of mine in the past- if I can afford it, I will give otherwise no lending.

p.s I also do not borrow, never done, never will. Not from friends or family - I do borrow from myself a lot though and it is a !!!!!! getting the money back into the right savings pot lol

LameWolf

I would never lend a large sum of money (£10 or over, say). It's just too embarrassing when you have to remind the borrower that they owe it. And yes, to me £10 is quite a lot of money.

If a friend was, for instance, in the pub and didn't have the price of a pint, I'd buy them one. But I'd expect them to reciprocate next time.

Or if they needed bus/taxi fare home I'd lend it to them, but I would expect it to be repaid later, just as I'd expect to repay a friend if they helped me out in this way.

A.Jones

Paul_Herring wrote: »

Where's the MSE option of "What? Me lend money out?"

And the MSE option of "Tell my friend debt isn't bad, bad debt is bad. Show them how to get a 0% credit card for a year and get them to make a budget planner to show how they will repay the debt."

Or maybe just give them the £1.50 bus fare.

wishiwasarichgirl

There is a bloke at work who is permanently skint. He used to beg a quid or two off people with the promise that they would get double back in a few days/week or two. I lent him a fiver and got a tenner back 2 days later. (hence why he was always skint :rolleyes:)

A few months later I lent him £30, I never saw it again, but since then any time he came begging I remind him that he still owes me £60, he stopped asking after a year or so (that was 5 years ago)

buying the odd round on a night out is different, those who never reciprocate soon stop being invited.

and as others have said, I never lend more than I can afford to do without.

*Louise*

I hate asking for money back..but I have to or I'd never see it again..

I'm too soft at loaning money to family...if I've got it I will give it to them, even though it can sometimes make things a bit awkward for myself.:rolleyes: