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Money Moral Dilemma: Should I approach my friend's family about the money she owes me?

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Comments

  • Pollycat
    Pollycat Posts: 35,905 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Savvy Shopper!
    Never lend anything that you cannot afford to lose.  Maybe not useful in this instance but this is my stance on lending anything to friends. 
    Or family....
  • TheRedHerring
    TheRedHerring Posts: 24 Forumite
    Fifth Anniversary 10 Posts Name Dropper
    Many decades ago a girl I worked with borrowed some money, however, I got her to sign for the amount received and that it would be repaid in instalments over a set period. The boyfriend then wanted to borrow more money before the second instalment had been repaid.  At this point it went out of my hands and the funds were repaid in full.   What was the loan for, was it for a good reason?  You have every right to know as it is your money.  Having read some of the comments it would seem that this is not always the case and friends are taken advantage of. It could be that someone will borrow because they have a gambling/drugs/alcohol problem and will prevaricate.  As previously commented I would cautiously enquire of the family as to the friend's well being, as it seems they are in contact, as it is as well for them to know for this maybe the tip of a future iceberg.
    Don't lend without contract more than you can afford to lose, find out what the funds are needed for, and check that the friendship has not been based on need rather than respect.  A true friend will appreciate the formality and it will leave little room for abuse within the relationship.
  • 2702
    2702 Posts: 53 Forumite
    Third Anniversary 10 Posts
    No but you can tell your never a friend that unless she pays you back you will tell them. Also a nice legal letter can help, you do not need a lawyer just look up online and adapt to your situ. Good luck
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