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Family mess with temporary payment
Advice_please
Posts: 7 Forumite
in Loans
Hi everyone, could use a second or third opinion on this mess
Person A, B and C are family and live in a house together, person A and person B both pay the bills and person C puts in with person A towards their share as they are a couple. Person A and person C usually also give person B £400 a month towards household extras.
Soon it will be a very special occasion for person A so persons B and C agreed to pay half each towards a gift totalling £200 for person A, so £100 each. Due to this it was discussed and agreed that person A and C would only give person B £300 this month instead of £400 and that would cover person B £100 towards the gift.
Here's where the problem is, the company making the gift needed to take the money earlier than first agreed and person C did not have the money spare until a week later on payday so person B agreed to pay the whole £200, loaning £100 to person C and receiving £100 back on person C payday to cover person C's half. Therefore the £300 person B was owed that month became £400.
However person C made a mistake and said they would pay person B £500 not £400. Person B thinks they should be getting £500 on person C and A's payday, the normal £400 plus £100 because they paid £200 and now think person A and C shouldn't alter the £400 a month because this removed the original gift agreement. They are angry and think person C is trying to rip them off and are now convinced the money should be £600 minus £100 they had to pay towards the gift totalling £500 owed to them this month.
I'm sorry if that was confusing, I'm looking for outside opinions on how to sort this out or explain it to the people involved please.
Person A, B and C are family and live in a house together, person A and person B both pay the bills and person C puts in with person A towards their share as they are a couple. Person A and person C usually also give person B £400 a month towards household extras.
Soon it will be a very special occasion for person A so persons B and C agreed to pay half each towards a gift totalling £200 for person A, so £100 each. Due to this it was discussed and agreed that person A and C would only give person B £300 this month instead of £400 and that would cover person B £100 towards the gift.
Here's where the problem is, the company making the gift needed to take the money earlier than first agreed and person C did not have the money spare until a week later on payday so person B agreed to pay the whole £200, loaning £100 to person C and receiving £100 back on person C payday to cover person C's half. Therefore the £300 person B was owed that month became £400.
However person C made a mistake and said they would pay person B £500 not £400. Person B thinks they should be getting £500 on person C and A's payday, the normal £400 plus £100 because they paid £200 and now think person A and C shouldn't alter the £400 a month because this removed the original gift agreement. They are angry and think person C is trying to rip them off and are now convinced the money should be £600 minus £100 they had to pay towards the gift totalling £500 owed to them this month.
I'm sorry if that was confusing, I'm looking for outside opinions on how to sort this out or explain it to the people involved please.
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Comments
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Sorry - couldn't follow that and I tried twice.
Tell them all to grow up and sort out their own problems, or move out and live by themselves.0 -
Ha probably the best advice, I'm very confused by the situation0
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Just confusing the way you have said it.
Shove it on a spreadsheet and put the two options down, it should become obvious what is right. Do it for a few months into the future just to be sure.0 -
A +C owe £400 a month
C is to pay £100 for a gift
B loans the gift money; now C owes £100
C owes £100 plus their regular £400 for bills = £5002021 GC £1365.71/ £24000 -
My apologies I'll try to write it out clearly:
A and C pay £400 a month to B
B and C agree to buy gift for A totalling £200 paying £100 each
This month due to gift A and C agree with B to pay £300 instead of £400 to B, making the usual payment minus £100 that B has agreed to pay towards the gift
The gift company wanted the payment earlier than expected and C didn't get paid until a week later so B agreed to pay the whole £200 and C would give B £100 back on payday. This would take money owed to B this month to £400: £300 agreed + £100 gift money owed from C
B thinks it should be £500 not £400
Is that better explanation?0 -
Advice_please wrote: »My apologies I'll try to write it out clearly:
A and C pay £400 a month to B
B and C agree to buy gift for A totalling £200 paying £100 each
This month due to gift A and C agree with B to pay £300 instead of £400 to B, making the usual payment minus £100 that B has agreed to pay towards the gift
The gift company wanted the payment earlier than expected and C didn't get paid until a week later so B agreed to pay the whole £200 and C would give B £100 back on payday. This would take money owed to B this month to £400: £300 agreed + £100 gift money owed from C
B thinks it should be £500 not £400
Is that better explanation?
Yes it's £500 then.0 -
Its £500.
Originally £400 +£100 gift, nothing else is relevant0 -
Advice_please wrote: »My apologies I'll try to write it out clearly:
A and C pay £400 a month to B
B and C agree to buy gift for A totalling £200 paying £100 each
This month due to gift A and C agree with B to pay £300 instead of £400 to B, making the usual payment minus £100 that B has agreed to pay towards the gift
The gift company wanted the payment earlier than expected and C didn't get paid until a week later so B agreed to pay the whole £200 and C would give B £100 back on payday. This would take money owed to B this month to £400: £300 agreed + £100 gift money owed from C
B thinks it should be £500 not £400
Is that better explanation?
You are forgetting the £100 borrowed , £300 + £100 gift + £100 borrowed0 -
Let me see if I've got this right:
C normally pays £200 household extras to B every month.
A normally pays £200 household extras to B every month.
So together, that's £400 received by B.
In order to buy the gift for A, C and B agree to pay £100 each.
Therefore C's payment that month is his/her usual £200 plus the additional £100, so yes, B is due to receive £500, comprising of £300 from C and the usual £200 from A.
Whether or not C had the money available this month or next, C will still have to pay an extra £100 one month to B, or an extra £50 for two months or whatever is agreed until the debt is paid, but C owes this money in addition to what he/she normally pays B.
C expecting to pay £100 less to B than usual doesn't add up!0 -
It was explained to me that £300 was the amount to be paid this month not £400, £400 is what is usually paid but it was agreed by A, B and C to pay £300 to B for this month only which takes off £100 B was putting towards the gift. So C thinks £400 but I will show this thread thank you.0
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