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If your sibling borrowed money from you and didn't pay you back and about a month later gently reminded them about it and they said to you, "you make more money than me, why should I have to pay it back?"

2007-03-13 04:27:10 · 16 answers · asked by wondering in michigan 4 in Family & Relationships Family

I can afford to lose it, she borrowed the money for a $145.00 speeding ticket. However, it's the principal of the matter I'm getting at. Also, I agree, I will not be loaning her money ever again!! Thanks everyone! :-)

2007-03-13 05:08:21 · update #1

16 answers

Honestly, what I would do is once again ask for repayment. Then, I would NEVER loan this person money again.

If they ever ask you again, be firm (not rude) and say "I'm sorry, I can't afford to lend you money at this time." The beauty thing is it's true b/c who can afford to lend to people who don't pay them back?

2007-03-13 05:01:30 · answer #1 · answered by retropink 5 · 1 0

A lot of people make more money than other people, that's not an excuse to pay back money that was borrowed. Your finanacial information shouldn't even come up. The people didn't have the money for what they needed, they now have the item they wanted, they need to pay back the money. It doesn't matter who makes more. The fact is, they didn't have the money for what they wanted, you provided it, it should be paid back. If they still have a problem with this, take them to small claims court. It's the moral obligation here, your sibling hasn't learned a thing about responsibility. Thank you and good luck.

2007-03-13 04:35:06 · answer #2 · answered by cookie 6 · 1 0

As long as it was VERY clear it was a loan, they should pay it back. What you have to decide though is the amount you loaned them worth the tension the unpaid debt would cause? If the answer is no, I would simply tell them that you are disappointed that they took advantage of you, but you will forgive them and learn that you won't ever loan them money under any circumstances. Then you've set a healthy boundaries and they can't legitimately complain that you won't lend them money because they proved they won't pay it back.

On the other hand if you can't afford it, and you need the money more than a healthy relationship, give them a time frame to pay you back and if they refuse take them to small claims court. I wouldn't say however to then that if you don't me back I'll take you to small claims, don't make it a threat, make it a last resort.

2007-03-13 04:36:32 · answer #3 · answered by his.grace 3 · 0 0

With the answer that she gave you "You make more money than I do,why should I pay it back?"Goes to show you that she is very selfish.The reason she should pay it back is that it was her speeding ticket not yours,regardless of who makes more money.But people like that never see it like that.As you can afford to forgive her loan,be the better person and do that.But never under any circumstance lend her anything again.She showed you her true colors.This time it was something you can over look next time it may not be.I'm sorry that you did something nice and got the short end of the deal. For what it is worth you are a wonderful guy to have helped her out.If there were a brother of the year award I'd put you up for it.

2007-03-13 05:30:15 · answer #4 · answered by Anonymous · 0 0

My thoughts are when you loan friends or family money you should loan it with the thought that you will never ever see it again, If they feel they should not pay it back then you have the right to feel that you should never "loan" money to them. If they ever ask for a loan simply express that they do not pay back loans so it is not "good business" to lend to them. If you agree to a loan after all this have them sign an agreement to pay it back. Your income should have nothing to do with it, they are being petty, you each had the same opportunities in life it is not your fault you did better than they did.

2007-03-13 05:07:35 · answer #5 · answered by squekie0874 2 · 0 0

a loan is a loan. if it was borrowed with the intent to pay back then it should be payed. as far as that comment - i'd want to know where they get off assuming that just b/c you make more money means they don't have to be responsible. it's the princple of it. if the comment hadn't been made and it wasn't a large amount of money i might let it go. but once that was said, it changed the whole deal.

2007-03-13 04:43:01 · answer #6 · answered by racer 51 7 · 0 0

Your sibling owes you the money they borrowed. It's their responsibility to pay you back. After all you didn't have to lend them any money. Tell this person to pay you back or forget that we are related. People like this use people for what they need and don't care. Learn your lesson by this type and be careful who you lend money to in the future. Cocoa

2007-03-13 05:11:14 · answer #7 · answered by cocoa 4 · 0 0

if its not alot of money let it go and treat it as a learning experience. If it is a substantial amount try again to "gently" remind them of the loan and if they try the same stunt- explain to them how ridiculous they sound - I'm sure all the answers you get will find the behavior to be just nuts so show your sibling what the majority thinks of the response you got to asking for what is rightfully yours

2007-03-13 04:35:32 · answer #8 · answered by sugar 2 · 0 1

"you make more money than me, why should i have to pay it back" that was never once said you liar. The statement was, as soon as i have the extra money I 'll get it to you. For you folks out there, I am a single mom with 3 kids, I just finished paying a mortgage payment and bills for one house, and bills for a 2nd house and was strapped for cash, I knew better than to ask her (my own sister)and should of been smart enough to borrow it from any friend that would of been more than happy to help out. I've never even borrowed money from her before, this was a first. And trust me the last!!! Her single life, mercedes benz, her hilfiger clothes, and can't extend a helping hand to family. Its okay that she paid a mortgage for her boyfriend that beat the **** out of her though, she'll defend him until the day she dies.
Sad she has to go to a computer to try and convince herself she's right.

2007-03-13 10:06:19 · answer #9 · answered by familyguy12 1 · 0 1

I would let her know you consider her cheap and a fraud and let it serve as a reminder she won't get any more out of you. Maybe the memory of this will buy you a carefree future where her borrowing money is concerned. It would be worth the money if it broke her, or you, of the habit of borrowing money!!

2007-03-13 05:21:23 · answer #10 · answered by ? 6 · 0 0

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