Lending money to someone who is a bad risk-but family

Hapless_2

I lent money to my mother in law, £3500, had to take her to court to get it back!

maryotuam

She has borrowed the money from you because she has probably borrowed (stolen) from everyone else who knows her and they have had enough of her. What my OH does with family and friends who han't paid him back or who make a great fuss about doing so is refuse to lend to them again unless they pay off the first amount. His 2 eldest kids owe him money but he will never lend them another penny as they abused his trust.

I bet she will ask you again as she will see you as a soft touch. I hate selfish, self-centred people who take advantage of kind, caring people.

paddy's_mum

... but of course, you could just view the money already lent as lost, refuse to lend any more because you simply haven't got it, and then she is unlikely ever to see/speak/contact you again.

If not seeing her is a good result, great - job's a good'un then! The money you have already lent may well turn out to be one of the best investments you have ever made!

skintas_2

not beeing nosey is it a big amount, my friend went to cash machine on monday there was a problem with her income support or what she gets, cos i wouldnt lend her the money im the bad person this week..... other people lent her money, she has no intention of paying it back, let her getting the hump with me, at least my partner hasnt got the hump with me as we would be short on our money this week, if the boot was on the other foot would she re pay you or lend you...........

Hapless_2

If you lend money to ANYONE even a family member get it in writing! Then if they refuse to pay take them to court! Any other money lender would!

nickij_2

I lent a close relative over £1000 18 months ago and have just had it back! However I DID have to ask,and was made to feel bad for asking, he never went short of anything in that 18 months, and I got it back without even a thank you! I would NEVER do it again - we are both adults, just because I chose to save/spend wisely and he over spends, why should I bail him out? And I am normally the sort that will do anything for anybody but this has made me wary.

arushofblood

I've just noticed the 'no disposable income to pay me back friend' who owes me £750 has just sold a pair of tickets on Ebay that he'd managed to originally purchase... all £120's worth ! He even made a small profit.

I've just dropped him a quick mail congratulating him as his circumstances have obviously changed, so much that he can afford such luxuries, and have given him 2 weeks to pay me at least £150.

Lol, well I know I'm not going to get it and I know the reply that's sitting in my inbox now contains further abuse and threats but I shall continue to get on his tits until all moneys have been repaid.

If he was truly struggling I wouldn't mind so much, but to be blatently spending such large amounts of money on luxuries when he owes so many people such large amounts of money is just taking the p!ss.

Russ66

:wave: :wave: Hollydays ££'s

plane_boy2000

Been there, worn the T shirt! Other half brother is always on the brink of disaster and will phone at the drop of the hat until a few years ago. Used to borrow odd 20 quid here and there, and did get it back most of the time, but then the amounts increased and the repayments stopped. Anyway I agreed with my partner that this would stop as tehmoney was coming out of our joint account, and to be honest it was not my problem. All Ok for a few weeks, and then I came home to OH looking very sheepish who then admitted that she had been and taken £400 out of the bank for her brother. ANyway, turns out he had turned up pleading for money as he had a fine to pay and would be in court the next day if he couldnt pay it all now. Once I explained to her that her brother had been talking Bol&*ks she agreed to never do it again - we never got the £400 quid back (plus other smaller amounts) but it has stopped him asking again - plus I mentioned it to the in laws who have a very dim view of his financial behaviour. I made it clear to them that I was not happy about him using his sister in this way and that I would ensure it didnt happen again - Think the message was relayed to him by the comemnts about me being to protective over her, but he hasnt asked since.

Would never lend any money again to someone who is in difficulties