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

Let_Robinson_Sing

I dont normally lend or borrow cash. If I am out with friends and one cant afford to buy a pint i'll buy him/her one and then when they've next got money they'll buy me one. If they dont it's not the end of the world anyway.

I've lent money to a friends in the past and never got it back, we eventually ended up falling out (not solely about the money, he ended up getting with my ex so it didnt make it easy to make contact with him) another more recent issue was when a few people from uni were coming back to my flat and going out for a few drinks at the local. I suggested getting a bus (cheaper) but someone said "I dont like travelling on peasant wagons so lets get a taxi" I couldnt be bothered to argue about it as she had a few drinks, so we got a taxi and no-one had any change and they needed to go into a bank. So I forked over the dosh and asked that tomorrow I'd get the money back. Anyone think I got the cash back?? :rotfl: :rotfl: :rotfl:

I'm a believer in what goes around comes around so maybe they'll get their comeuppance one day

Timmne

It all depends on why they asked for it in the first place.

A friend of mine asked me once if he could borrow a tenner - we were in the pub and it was his round but he didn't have any cash on him at the time.

Anyway, I asked him the next week for this tenner back as I clearly saw a bunch of notes in his wallet when he was firking through it - he said that I couldn't have it back as I clearly didn't need it as much as him!

I have never since lent any friends money, I agree with the above posters where I would rather give a needy friend (who was honest with me about why they needed it!) money than lend someone anything.

JimmyTheWig

jetfighter wrote: »

I lent a colleague £20 for petrol a few months ago. Never saw it again :mad: and I'm wondering whether or not to ask for it back. I feel really embarrassed even thinking about asking for it.

Any advice?

Would there be a situation you are both in where you might need some money. E.g. going out to lunch. You check your wallet and see it's empty. Turn to colleague - "Don't suppose you've got that £20 I lent you the other week have you, I've got nothing on me".
They either pay up there and then, pay you within a few days now you've reminded them, or don't pay you back. If they don't then pay you back they have no intention of doing so. Up to you if you want to chase it then or not. Depends if you think it's worth it.
But I certainly think it's worth reminding them, if you an find a way of doing it. They may feel really embarrassed about leaving it so long, and not know what to say to you about it.

therichnessinside

:cool::cool::cool: For me, 20 quid's quite a lot of money. I tend to think in terms of how many hours at Work it took me to get that (net) dosh. Several hours in my case. But also I have a rotten memory and if I lend to a friend, or have to occasionally borrow, I write it down. Or tend to forget it happened (my bad memory works both ways, whether it's to my disadvantage or to my advantage!)
Anyway - What I mean is, maybe he's really forgotten.
I'd definitely ask for it back.
And if he had remembered - Well, I think it's good to gently (or tad more than gently!) wake him up to the fact that it may or may not be a little thing to borrow off your mates, but it's definitely a very big thing to 'not be bothered' to pay your mate back. :cool::cool::cool:

jetfighter

The issue with the chap I lent money to is that he's in debt, and I've advised him to pay off his high-interest debts before his low or no interest debts - as mine is a no interest debt I guess he's just taking my advice. Admirable, really!

Thanks for the tips, though.

Sharp_Eyes

Woodyrocks wrote: »

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

:T hear hear! hear hear! :T Are you me in a different body??? Same situations, SAME feelings about it. I've never borrowed from anyone. Not even my parents. I've scrimped and saved mercilessly to get what I have while others have thrown their money away on the cr*p of the moment and gotten into sticky situations. Being a naturally kind hearted and generous person, I proceeded to 'lend' after which so called 'friend' would disappear from my life. I've never gotten back any money I've ever lent. If it was as small as a fiver, then the xcuse would be "Ugh I can't believe you want that back. You're so mean/cheap/selfish/have so much etc." If it was around a hundred it'd be "I never borrowed anything!" or yet again, "I can't see why you need it back. You've done without it for [however long]". What really annoys me though is having a friend who has borrowed 'rescue' money from me go on a shopping spree and tell me about the new clothes/shoes/phone they just bought!!!!! :mad:

Olliegami

My mum once lent out a couple of hundred pounds to one of her friends, which totally outraged me, but she did get it back in the end.

One thing she did that I thought was kinda cool was, this same lady had no money for food and stuff (before mum lent the money) so my Mum went shopping and bought a load of bogofs, and gave one of each to her friend, her theory was, that they were free, so she wasn't spending anything more than she would have done normally.

chog24

My grandmother used to say "Never a borrower nor a lender be". In an ideal world, I'd agree. However life doesn't work that way and there are times when borrowing or lending money is convenient or near essential.

I've got pretty good judgement about who I trust to get money back when I lend it and who I won't get money back from. Those I know I won't get money back from, I'll consider how much I can afford to lose before I 'lend' to them. Those I know I'll get the cash back from I'll be more generous with.

rlp

Thanks for the tips, though. He did actually mention it today so maybe the £20 is not lost![/quote]

Any chance that he also took your advice to join this forum and has read this whole conversation - hence the sudden conscience?

lincoln_dj

someone once said to me that if a "friend" you lend, say, £50 to disappears and doesnt pay it back then it was probably worth the £50...

rings true with me and a couple of other friends who were all owed money by this same chap who we all once considered our friend. he would always make stories up and have one reason or another why he couldnt pay. whilst one friend (who was owed the most money by a long shot) was near the point of being physical in getting his money (he did actually get most back!) i was less bothered and now consider the £80 or so i lost out on a good investment...