Hi - New User with a problem - Loan to friend via paypal/CC

redpete

Coder wrote: »

I already know that she has produced the product and who the customer was, my next step if there is no other option will be to contact them and provide them with the details in the hope they will withhold payment to her until the situation is resolved.

This person has received the goods or services they ordered and you are suggesting they withhold payment because of your problem. This could lay them open to being sued by the person you gave the money to; I wouldn't advise you go down this route to involve a third party..

At that point I'll be contacting small claims, I do have a full electronic trail of the transfers and communications where she cited this specific order was to pay me back, plus prior to the "loan" she was quite clear, in writing, about what profit she would make back on the order such that she could repay me and I have that conversation saved off.

I have no idea what sort of evidence a small claims court takes into account but this sounds the more likely route that will get you the money back, certainly more likely that claiming from Paypal or the CC company. Persuading the third party to not honour their part of a contract with your 'friend' will not increase your chances of winning any case.

poppasmurf_bewdley

Something doesn't add up.

You refer to this person as an internet friend, yet you have been to her wedding, know her address, stayed with her, have a circle of friends with her.

You loaned "hundred of pounds" on your credit card, on which you are paying interest. Yet you say you earn more than that in a day.

Maybe I'm wrong, but if something doesn't look like a duck or sound like a duck, then in my eyes it's not a duck.

Coder

I said that she is in a circle of friends, I never said I went to her wedding (specific). Yes I make more in a day than I loaned her, what does that have to do with this issue?

Please don't be a prat if you're going to answer. Either help or keep your opinions and assumptions to yourself.

So far we've established that, as usual PayPal are worthless and their 45day rule is a loophole that will allow people to be ripped off.
That credit cards (probably) won't uphold the VISA agreement if the payment was made via PayPal as PayPal acted as an intermediary in the transact-action and as per this example, it didn't breach PayPal rules so therefore is deemed legal regardless of the circumstances. Yes?

Now, can the Muppets on here either shut up, or put up some actual useful information and guidance, instead of reaching desperately for someone to bite at their Troll tactics for a rise to get upset? I couldn't give an !!!! personally, I've got the high ground here, but I want to play by the rules.

poppasmurf_bewdley

I think the prat is the one who lent several hundred pounds to someone and then found out all avenues for getting the money back are blocked.

And the Muppets on here are a darn sight more experienced in the financial ways of people than you seem to be.

I've usually found that people get irate when they've been found out, and I think that's what has happened here.

gb12345

Strange how he earns so much, but doesn't have the money to clear off the debt that is still sitting on his credit card attracting interest.

redpete

Coder wrote: »

So far we've established that, as usual PayPal are worthless and their 45day rule is a loophole that will allow people to be ripped off.

Or that a PayPal refund would not be justified for money that you loaned someone. Why are you so annoyed at PauyPal and not focussing all your energies on the (ex-) friend?

That credit cards (probably) won't uphold the VISA agreement if the payment was made via PayPal as PayPal acted as an intermediary in the transact-action and as per this example, it didn't breach PayPal rules so therefore is deemed legal regardless of the circumstances.

Or that there was no contract and therefore no breach of contract even if you hadn't used PayPal as an intermediary.

Now, can the Muppets on here either shut up, or put up some actual useful information and guidance,

Don't know if I am one of the Muppets but you have had several pieces of advice which you don't like because they don't achieve what you want, doesn't make the advice any less correct though.

I've got the high ground here, but I want to play by the rules.

No-one has disagreed that morally you should get your money back, just that the routes for getting the money back are not going to work either because relevant laws and contracts don't cover the situation or because what you are proposing is stupid.

chrisuren

Chalk it up to one of lifes lessons, don't loan money to people you don't know 110% will give it back to you.


The money is gone, but since you earn more than the amount you loaned in one day, you'll be fine.

[Deleted User]

save yourself alot of angst and time and right the money off as quite honestly you wont ever see it again,one to put down to experience i`m afraid

runforlife

Have you spoken to the credit card company yet? You can ask people on here but in reality only the CC company know the answer.

In relation to the friend blocking your contacts I think the message is quite clear. If it was me I would be going to the small claims court.

Best advice I heard was from Graham Norton! Only lend money to friends/family if you can afford to. In other words don't expect it back! In this case it sounds like you can afford to which is fortunate.

superbigal36

I dont understand why you would expect "someone else" to stump up for your loss when you have so many details.
Feel free to publically humiliate her in my opinion.
If I knew that was comimg I would pay up pronto.