Lent money to a friend, how to get it back

D_Jennings

superbigal36 wrote: »

If you have a huge group of mutual social network friends then i'm all for threatening to out him.
In their shoes that could be worse these days than a physical kneecapping.

This all day long. :T

poppasmurf_bewdley

AnotherJoe wrote: »

If you make a claim and get a CCJ then even if he doesn't cough up the money, a CCJ, epecially an unsatisfied CCJ (if he doenst/cant pay) will cause him a lot of issues getting any sort of financial help such as mortgages loans mobile phones etc.
So it might be worth doing it for that fact alone.

Your mate probably has all these issues anyway, which is why he needed to ask 'a mate' for the loan in the first place instead of getting a bank overdraft or a payday loan.

enthusiasticsaver

I have mixed views over this. In the first place the advice is never to lend money to friends or family unless you are able and willing to never see it again. No good in this case as already done but you could chalk it up to experience and move on with your life and ditch the friend.

On the other hand it would make me mad as anything that he can afford to repay it but is choosing not to so my actions would be perhaps first a solicitors letter which is relatively cheap saying you will be going to the small claims court. I think it can be done online unless he contests it. If this is the case it is a question of call my bluff. Maybe your threat of action will be enough to make him pay up. Outing him on social media is another option. Are you sure he can afford to repay? I find it strange he had no other way of financing his return from abroad unless he was chancing his luck. The texts will be evidence of sorts but not watertight.


In the future don't lend. This forum is littered with posts like yours.