I've just be asked to lend some money.....

anxious_mum

to my neighbour AGAIN!!!! In a previous thread I told how, yonks ago, he was desperate for money, and I caved in and lent it to him. As so often happens in these situations, he never paid back as agreed, and I wrote the money off and slapped myself for being so stupid. However, last year he finally paid up with interest (after owing the money for probably 7 years).

So, today, he comes into my house and asks to borrow £800!! (It was £600 last time, so I guess that's inflation for you).

He wants to go on a couple of jolly weekends 'with the boys', he doesn't want his wife to know, but he'll pay me back £1000 when his late father's house has been sold :eek:

I might have looked like I had MUG written on my forehead 7 years ago, but not today! I politely told him I didn't have that kind of money to lend - I have more than that in savings, but that's what they are, savings, for which I work damned hard - and told him to do one.

That's my new year's resolution of being kind to people shot down in flames then :rotfl:

tell_it_how_it_is

anxious_mum wrote: »

That's my new year's resolution of being kind to people shot down in flames then :rotfl:

Quite the opposite, you've been kind to him (and indeed yourself by saving yourself more years of frustration), by teaching him a valuable lesson.

Peelerfart

Yup,

Sounds to me like you did exactly the right thing,Sounds like a lovely man with phrases like,

"doesn't want his wife to know" and "pay me back £1000 when his late father's house is sold"

What a guy!

atilla

I'd love to hear the excuses he gives his wife to explain is forthcoming absences.

anxious_mum

Yes, Atilla, that thought crossed my mind. I'm still smiling at his bare-faced cheek to be honest!

Peelerfart

atilla wrote: »

I'd love to hear the excuses he gives his wife to explain is forthcoming absences.

Easy,

"I didn't want to go but the Anxious one from next door gave me the money and said it was a good idea"

DCFC79

atilla wrote: »

I'd love to hear the excuses he gives his wife to explain is forthcoming absences.

Id like to hear what excuses he gives as well,

How about:
Needs to stay on late to do exra work
A golfing weekend

OP

well done on saying no to the guy, you made an error first time but you have learnt your lesson and refused him the loan.

SailorSam

Isn't there a saying something like if you lend money and don't get it back it was money well spent as it often gets rid of the person who borrowed it.

Only in your case he came back.

anxious_mum

Lol, SailorSam, I don't think he'll come back a third time!

somethingcorporate

cheeky s*d. Well done

ttoli

We all live and learn, I lent someone that I trusted £5k, I was promised the return plus any loss of Interest (at the time here the banks were paying 23% pa), 5 Years on.!!!!!!!!! and I was lucky to get the £5k back , He said that as I would have probably spent the money by then, He wasn't going to pay back the loss of compounded interest! (£4.2k).

Has taught me NEVER to lend money again.