Should I ask my cousin to repay the money I lent her ?

firrybabe

I lent my cousin some money 3 months ago on a temporary basis. She assured me she would pay me back 2 months ago and I am still waiting.
She did ring me a few weeks ago but that was to see if she could borrow more money, however I missed her call and by the time I got back to her she said it didn't matter.

I've not heard at all from her since that last phone call and am torn over what to do. I am quite annoyed that she has not bothered to get in touch to even let me know she can still repay me but I don't want to put her under undue pressure or fall out with her by asking her to repay me if she truly can't.

Any ideas ?

LJM

Im sorry to be harsh but you lent her the money in good faith i dont think you should feel bad by asking for it back,i would

poppyscorner

LJM wrote: »

Im sorry to be harsh but you lent her the money in good faith i dont think you should feel bad by asking for it back,i would

:T :T

Agreed I would ask too and I would be very annoyed if I didnt get it my dad lent my mums brother £100 last year as he was desperate needed the money to get to work feed himself was only supposed to be till the end of the month he hasnt paid him back and had no intention of ever doing so mum and dad rarely speak to him now after asking him for ages to give it back mums brother even lied that he paid it in but must have put the wrong account no on the slip he would not produce a receipt to prove it it will only cause resentment and she will take you for a mug

ailuro2

If it makes you feel better about asking for it (again), tell her you need it for something specific like new shoes for a child who is growing out of them, a loved ones' birthday present. That makes it much harder for her to refuse, or put you off until later. Never lend money to her again, lie if you have to.

NAR

Lending money - the cause of more lost friendships than enough!
If your cousin had any intention of repaying she should have contacted you and apologised for the delay - she hasn't. The fact that you haven't asked for it she maybe feels you're in no hurry for it - that is not on.
Ask for it back, be firm, state she is well overdue and give a deadline. Definitely do not lend to her again, if she asks, tell her you can't trust her to repay and you don't want to fall out. People like your cousin exist everywhere!

feater

She borrowed money, hasn't paid it back and then only contacts you in order to borrow more money...... This has happened to me sooo many times that it got to the point where I don't even make excuses .. I just say "You sill haven't paid me back from last time".. get the normal excuses but just stay firm and say no.

myrnahaz

You have to realise that a person who has to borrow money to survive is not managing their income, so they will NEVER have enough to pay you back. It's the same with these provident loans - my sister was on £100 per week for her and her daughter but couldn't manage to live on that so had a £100 loan from Provvie. NOW she had to pay back £5 per week out of the original income, so she's now trying to exist on £95 when she struggled on £100 - it's madness.
PS this was some years ago and our other sister ended up paying off the provvie loan and gave 1st sister the lecture of a lifetime. I'm not sure if it worked.

Edit: the £5 per week to Provvie was for 60 weeks!

robnye

you could pull a fast one and contact her, saying you are in desparate need of some cash, can they pay you back what they owe....

make up a story - bill you forgot about, car broke down etc

some people are very good at these little stories , then borrow/receive money from others with no intention of paying it back

firrybabe

I've sent her an email to ask when she is intending to pay me back. I definitely won't help her out again as she really has taken advantage of me, it's just such a shame because we were quite close once.
If she fobs me off I will try one of the suggested lines to at least get some of my money back.

Thanks for all the good advice everyone

KittyKate

I lent a 'mate' I worked with £20 once for shoes for her little'un (she cried, etc, I was young and impressionable). When I pulled out £40 from my purse she said 'oh can you make it £30, I can take her for a bit of dinner too' (she only saw her once a week as personal problems meant her daughter lived with her gran.

Turns out the personal problems were raging alcoholism. I struggled on the £10 I had left that week and then she got fired from her job for dipping her hand in the till - she'd had hundreds!

I never saw her or my £30 again. A very large lesson learnt, luckily a few weeks before I went to uni, where I never gave anyone my money, or took theirs.

OP, tell your cousin you need the money NOW and if she doesn't cough up threaten her with the small claims court/telling her family etc etc. Once you've gotten it back (£10 a week if needsbe) cut her out because she's not a friend to you, just a freeloader.

shelly

I can't offer much advice as I would hate having to ask for money back too. But I did read on another thread.....someone said that when certain people (who they don't want to lend money to) ask for a lend they say...."Oh, I was going to call you later and ask the same, I'm skint this month too!" They said it works everytime.
I hate borrowing money, even at work if a collection is going round and a friend lends me a few quid to put in, I think about it all day and put the money in my bag as soon as I get home to pay it back the next day.


Hope you get it sorted, if you don't its cost you a few quid to find out that she isn't really a friend, even if she is family.