I borrowed my best friend (at the time) a substantial amount of money almost 2 years ago. I have been very patient as I knew her financial situation had taken a turn for the worse. She told me she'd start paying me back as soon as she could, which was over a year ago, and that I was her top priority. Being so close, I never questioned it. However, any time I would ask for some sort of status or payment, I was ignored or given false promises. As you can guess, I was stressed and angry and stopped calling and seeing her. She moved away and felt as if she was deserting me and her debt.How can someone do that? I wen tout of my way to help her and now I get the silent treatment. I know she's low on money, but at least some sort of commitment...anything!
I finally heard from her yesterday and has said she is financially ok now and wants to talk and get it resolved. Also, she's hoping we can still rekindle our friendship as she's missed what we had.
I don't trust her.
Help
2007-02-27 06:38:37 · 6 answers · asked by PIXIE 2 in Family & Relationships ➔ Other - Family & Relationships
There's a reason for the saying, "Never a borrower or a lender be". Payback is always in doubt and it's not uncommon for the whole mess to end like yours has. Worse actually because it sounds as if you might get some of your money back now.
Before you meet with her you need to know what you want. Is your friendship or your money more important? Whichever you choose dictates how you deal with your friend and what you're going to get out of the situation.
And for future reference don't lend money without a formal "loan" agreement signed and witnessed unless you can afford to make the loan a gift when the other person doesn't pay it back.
2007-02-27 08:59:42 · answer #1 · answered by Critter 6 · 0⤊ 0⤋
You need to start looking at this as a business position and not as friends. You need to come up with the exact amount she owes you, if you want a percentage of interest, and a payment schedule, unless she is able to pay back the full amount in full right away. If she agrees to the amount owed you two need to figure out how much she could pay you monthly until the debt is paid. With that worked out you should both sign an agreement on this restitution of the old debt. When she decided to do a disappearing act again you have a case against her. Her ignoring you was to try to get rid of her debt. A true friend would have paid you back and been honest about the situation.
2007-02-27 06:55:39 · answer #2 · answered by prettyblueeyes101010 4 · 0⤊ 0⤋
I would meet with her, and I would be very reserved. I would first talk about the money she owes me, get a payment plan in writing, and make it a business deal. If she keeps her financial commitment, then I would know that she is serious about the friendship. The friendship, however, would be put on hold until she paid me back the money. All the best!
2007-02-27 06:47:47 · answer #3 · answered by Anonymous · 0⤊ 0⤋
Let her try to pay off the money you lent her. But know that it's been a long time, and the friendship may not recover unless you put the financial thing aside while you hang out as friends. Otherwise wait until she has paid you in full, to start having a friendship with her. It's your call.
2007-02-27 06:46:33 · answer #4 · answered by ht_butterfly27 4 · 1⤊ 0⤋
Money and friends or family can be tricky. Let this be a life lesson to never lend money to friends or family that you expect to get back.
Even if it was a large amount of money is that the value of the money that you put on your friendship?? If she can pay or cant pay how much does it matter to you? More so the Principal I guess let her know.
2007-02-27 06:46:24 · answer #5 · answered by chrissy b 2 · 1⤊ 0⤋
Look at it this way, what is more important to you, money or friendships. If you say money, then I feel sorry for you because you will miss out on a lot.
2007-02-27 14:10:36 · answer #6 · answered by Cheryl C 5 · 0⤊ 0⤋