Money Moral Dilemma: Should my partner offer to lend me money?

Fireflyaway

Depends. Do you live together? Have kids together? Was the bill due to an expenditure that somehow benefited your partner? Will there be bad consequences if it's not paid? How big is this bill? Etc etc....

Augustus_the_Strong

Why not ask them? Explain the situation, say that you could take out a loan for which the interest payments would be £xx/month. Ask if they might consider lending you the money instead, perhaps at a slightly lower rate of interest. If they say no, swallow it & get on with sorting out a bank loan. But they might say yes, & might offer to lend it interest free. Set up a standing order to pay it back month by month over an agreed period.

If they say no & throw in a few home truths to explain why not, then (depending what they are) consider your options.

JimmyTheWig

wrongmark wrote: »

The thought of “lending” money to my partner doesn’t compute to me.

I agree. I never understand when people don't appear to be in a partnership with their partner.

JayD

So much more info needed here!


However, I agree with those who are saying:

1) It is something you should ask, rather than expect it to be offered.
2) Money - especially loans - can be a great source of problems in a relationship and cause bad feelings and possibly a break up.
3) Family, friends and boyfriends are all too often NOT repaid. Please don't end up assuming it is a gift just because he 'loves' you!



So, if you do ask, and he does agree to loan you the money, then for both your sakes I suggest you get a proper loan agreement written up and signed by you both, clearly stating how much and how often repayments are to be made and at what date full repayment will be completed. And please stick to the agreement.


Finally - please build your own safety net in future for the unexpected expenses thats life is always bound to put your way.

SuperPikachu

Need full info really to give an opinion on this, way too open to assumptions

happyinflorida

This weeks is so annoying. Far too little information.


Are you hopeless at saving or in the situation where you're struggling due to not enough income to cover everything?


How long have you been together, do you live together?


I can't answer without more info, but I will say, talk to your partner and see what they say.

duchy

JimmyTheWig wrote: »

I agree. I never understand when people don't appear to be in a partnership with their partner.

It seems some people equate the word partner with boyfriend or girlfriend even when they only first met a week before.
If its a true partnership then why the need to borrow at all? I wouldn't consider helping a proper partner with a loan even if they were going to repay.it's just a part of joint finances . Either its a partnership or it isn't.

Once again it's a daft fiction made up by someone with zero life experience.