She needs $1200 to have a medical procedure done. I've known her for years and figured she'll pay me back. Should I lend it to her?
2007-05-11 20:11:30 · 17 answers · asked by JuDyLicious 3 in Family & Relationships ➔ Friends
I would get a written agreement
2007-05-12 13:04:39 · answer #1 · answered by mrcarl92807 3 · 2⤊ 0⤋
I lend SMALL amounts of money all the time to friends... BUT never any more than I am prepared to lose ... and 99% of the time i get paid back. The other 1% i just write off.
If I had a friend who needed some money for a procedure ..I would most likely give it to her ... BUT there is always a risk when lending money that you won't get it back ..AND so long as you know that .. and accept that .. then it's from that point you decide whether to lend or not.....
consider how it would affect your friendship if she didn't pay.
consider the terms of repayment ... would it be a single payment or would you accept bits and pieces of payment.
One thing I never do is charge interest .. I joke about it being 1000% but money isn't THAT important to me ..
do what you feel is right .. and be prepared for the worst, but hopefully that won't happen.
good luck.
2007-05-11 20:19:27 · answer #2 · answered by ll_jenny_ll here AND I'M BAC 7 · 1⤊ 0⤋
wow,thats a lot of money.r u like best of friends with her?is she trust worthy to u?if she is,then since its a medical reason, she needs the money,then lend it to her.but just to be on the safe side,give it to her as a loan and document that for ur own record cuz u don't know what will happen in the future.sometimes in life some friendships fall apart and just hope it don't happen to u til the time she can pay u back.
2007-05-11 20:20:01 · answer #3 · answered by leen 2 · 0⤊ 0⤋
Heck ya give it to her. Hello? Its a medical procedure? Um, yea.
Just dont ask for it back until at least a year later. She will prolly pay you before then... but i woundn't expect it...
After a year, and she still hasnt paid you back or mentioned it... then yes.. you can ask her about it.
EDIT: I just read Scorpio's answer and I think she put what I was trying to say much more clearly.... she is right.
2007-05-11 20:38:07 · answer #4 · answered by Anonymous · 1⤊ 0⤋
I think you may want to check your spelling sounds like its
not important enough to lend aka borrow aka credit I
wouldn't wonder why she might not need it go for it
unless its for plastic surgery tell her you cant cause
bubblehead thinks shes cute there too many plastic
surgeons not enough eyewitnesses and it would
be a hoax and you would have probably laughed
if I were lying like most men say the proof is in the
pudding and the doing is worth keeping
2007-05-11 20:19:46 · answer #5 · answered by bubblehead 1 · 0⤊ 0⤋
As long as you can afford to lose it if she can't pay it back.
I wouldn't want your friendship to be strained as a result of money issues. Friends should come first.
If I could afford to give it to her, I would and not ask her to pay me back. I would give it as a gift instead.
If it's a cosmetic procedure, call it her Christmas present.
If it's needed surgery, I would just pay for it. I wouldn't want my friend to die. She would mean more to me than money.
If she insists on paying you back, fine. I wouldn't press it though.
2007-05-11 20:19:17 · answer #6 · answered by Molly 6 · 2⤊ 0⤋
A genuine friend would lend her. make sure you are genuine before you decide to lend her.
have I ever done this before? Yeah, my best friend needed 10K for a car to go to college and i gave him the money as a friend. he gave it back.
2007-05-11 20:15:20 · answer #7 · answered by Anonymous · 1⤊ 0⤋
No! Never lent your money to a friend or relatives unless you don't care if the money will come back to you or not. Knowing her for years does not guarantee that she will pay you back. What is important to you ,your emergency need of your money or her needs of your money ? >>If you lent any amount of money write in black & white with witnesses signature ....
2007-05-11 20:31:23 · answer #8 · answered by Vannili 6 · 0⤊ 0⤋
Shakespeare stated it "Neither a borrower or lender be, you lose the two buddy and ..." This "buddy" has a rip-off set as much as screw you and except you have a record of chickening out the money to furnish to him at that element and later record of depositing the verify, he has a verify made out to you as "evidence" which you "borrowed" the money. you could verify with your financial corporation and see in the event that they could furnish copies of withdrawal slips and deposited tests. you will could desire to enable him sue and bypass to courtroom and clarify, and probable he is going to make that as inconvenient as achieveable, doing it a ways from you and asking for delays for countless motives once you return and forth to the courtroom, so which you will make various journeys.
2016-10-15 10:57:06 · answer #9 · answered by Anonymous · 0⤊ 0⤋
if u have to ask...is she really ur friend?!!! she needs it for a medical procedure, not cocaine...if u have it to lend her, u should, chances are she would do the same for you
2007-05-11 20:14:59 · answer #10 · answered by Bloo 3 · 1⤊ 0⤋
My mother told me never to loan more than I would give. And then don't expect it back. Then you don't ruin a relationship over money.
2007-05-11 20:21:47 · answer #11 · answered by Scorpio 2 · 1⤊ 0⤋