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My sister 'borrowed' $2500.00 from me (money I saved for my first home purchase), never paid it back. She promised to pay with her tax refund, but bought a whole new wardrobe instead. She keep deferring payment, then yelled at me after 4 months, called me cheap and stopped speaking to me. The money has never been repaired in over 12 months.

2006-07-11 02:50:11 · 10 answers · asked by Anonymous in Family & Relationships Other - Family & Relationships

10 answers

I know the feeling. Isn't it frustrating that your own family are often the ones you can least depend on in situations like this? I've done this MANY times in my life ... ex wives, grown children, brother in law. They've never paid back the loans (thousands of dollars) and I think in my case its simply because they know I don't need the money but that doesn't make it right so now I refuse to help them anymore.

2006-07-11 02:55:37 · answer #1 · answered by fun_guy_otown 6 · 0 0

It is not a "substantial" amount, but I loaned a friend $600 to bail her son out of jail. In addition, I also gave her my car when I bought a new one and covered the title transfer fees and other fees. I even loaned her money for some new clothes because I gave her a job working in an office I managed. I figured it was one way to insure she would be able to get to work and earn money for herself. She walked off the job after two weeks. All told, she paid back about $230. It's been about 8 years and she has made no further attempts to pay me back.

If I could go back in time, I would probably still loan her the money or some of it. I never loan money that I can't afford to lose. However, I would not give her a job. The way she ended there looked bad on me as the one who referred her. I learned my lesson - some people don't want a hand up. I think it's *funny* how we turn out to be the "bad guy" in these kinds of things. Sorry that happened to you too.

2006-07-12 15:56:04 · answer #2 · answered by jd 6 · 0 0

Boy is she bad. She's trying to make you feel guilty when SHE is the one who reneged on her promise to pay you back. That's low.

To answer your question, I've never lent someone a substantial amount of money, but I have realized that if you loan someone something, you must be willing to accept the fact that you might not get it back. If you can handle that, then loan the item out. If you cannot, then don't loan it to someone. My view is that you shouldn't be hurt in the process, since you are the one helping someone else out.

Anymore, I try not to loan things out at all. I've been burnt too many times.

I'm really sorry she did that to you. You might want to check into taking her to court since it is a huge sum and now you won't have $$ for your down payment. (FYI, some cities have programs that waive the down payment for first home buyers...if you never get the money back you might want to check into that.)

2006-07-11 09:59:36 · answer #3 · answered by Anonymous · 0 0

Wow that's got to suck!!!
Remember this: Never do business with family, and never borrow money to people close to you.
I make an effort of paying back every penny I ow anyone, because the same happened to me.
Good luck...that sure is a lot of money

2006-07-11 10:31:56 · answer #4 · answered by lucky luke sidekick 1 · 0 0

yes this has happened in my life too, but my son borrowed so much money from me... he still tries now but i tell him i have not got any... and they do not think that they need to pay you back.. well we have to make a living too.. so just tell her you did not appreciate the lying to you and the fact that she did not pay you back and you need the money yourself....and i would not be loaning any more money out if i was you.. people just think of theirself anymore, least most of them do.... if i know a person justs needs a few dollars and i have it i have did that too...but you 9 times out of 10 you never see anyone it back... so i have quit a lot of so called friends cause of this...and they are never there when you need them either....so why should you keep trying to help them....think of yourself , you have to care for yourself, noone else is going too....

2006-07-11 09:58:10 · answer #5 · answered by sanangel 6 · 0 0

You should talk to her and tell her that you think she is very inconsiderate and selfish for not paying you back. If she doesn't pay you as soon as she can, you need to accept that you will never get this money back and let it go. Fortunately is was only $2500 and you need to ask yourself if this is worth ending your lifelong relationship with her over.

2006-07-11 09:56:01 · answer #6 · answered by Eve 2 · 0 0

Neither a lender nor a borrower be. It's your fault with that bitc.ing sister of yours. If you are hopeless of recouping your loan take her fu..ing wardrobe and apply the scissors to it. It's the least you can do to such wh..re.

2006-07-11 09:55:55 · answer #7 · answered by Anonymous · 0 0

Loaned my brother 80 dollars once... like 10 years ago, he vowed to pay it back "in 2 weeks" I still have yet to see it...

2006-07-11 10:13:28 · answer #8 · answered by ~J♥L♥L~ 4 · 0 0

family suck we let my mother in law 6000 and we had her make monthly payment to a bank account and it worked out well maybe you should try that

2006-07-11 09:55:35 · answer #9 · answered by Anonymous · 0 0

Take her clothing.

2006-07-11 09:57:51 · answer #10 · answered by Anonymous · 0 0

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