only if they are sincere and in a desperate situation. make it clear it won't happen all the time.
2007-07-21 03:22:49
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answer #1
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answered by Anonymous
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It depends on the situation. Is this a romantic relationship or friendship? Is there a good reason for borrowing money and can it be proved? Is there a repayment plan and method in place? Is this person using guilt in the new relationship to borrow?
To say no outright is probably not the answer. The answer is, if it's not a hardship for you to lend, there is good reason for needing money, it's not driven by guilt, and there is a reasonable payback plan, there isn't necessarily any harm in lending money.
Just be careful and make sure there are safeguards in place, and that it's money that you can afford to give.
Good luck!
2007-07-21 10:26:17
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answer #2
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answered by JWesseldyke 1
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it depends: is it a loan or a gift? Is this person just a friend or a love interest? Do you trust this person to return it if it is a loan?
If its a gift, I wouldn't give them too much, but if they need money, I'd give them some out of the bottom of my heart. If its a loan, it all depends on if you trust them to repay it. If you're not sure, but you still want to lend it to them, don't lend them too much or they may not be able to pay you back.
If its just a friend, I'd give them a gift, but mabey not a loan. They could be a gold-digger friend or mabey just a con artist that wants to hang out with you for your money. If it's a love interest, I don't know what I would do. I've never had a love interest.
If its a loan, it would greatly depend on the person and how much I trust them. I'd also give it to them using a check, so you can have it documented in case they don't pay you back and you need to take it to court
2007-07-21 10:26:22
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answer #3
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answered by Emily A 3
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Remember this helpful rule of thumb about giving or loaning out money. This can apply to a complete stranger, family member or a friend for life.
Never give anymore than you can afford to loose, if you get your money back then great! If not well you just learned a lesson but at least you’re not out terribly. I’ve been using this rule ever since I’ve been in a financial position to even think about giving out money and it’s served me well with no hurt feelings.
Think about what I've said and Good luck
2007-07-21 10:29:11
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answer #4
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answered by deanspurrier 3
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Look at it this way. If you give, or lend, something away consider it gone forever. If you get paid back then it's a miracle. Make sure you're in the position to suffer a loss.
2007-07-21 10:28:09
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answer #5
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answered by quantumview 5
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god no!
how can you trust them.
someone who asks for money after knowing someone such a short time ... that's an episode of judge judy waiting to happen!
unless you get a contract that specifies when the money will be paid back and how. get a copy of their id/drivers liscense. and have it all notarized.
don't be taken advantage of.
that's how scams work- meet somebody - lend me $500 to pay my cell bill so i can call you- then poof they disappear!
2007-07-21 10:23:23
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answer #6
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answered by nataliexoxo 7
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Absolutely not. Not even after 3 years. Don't lend money you will most likely never see it again.
2007-07-21 10:23:21
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answer #7
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answered by Anonymous
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I don't know I think it depends on what type of situation it is. If its something dumb like gambling or stuff like that don't give the money to them. It all depends on what the situation is.
2007-07-21 10:26:22
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answer #8
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answered by RichieSamboraGirl93 6
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You already know the answer to this question. If he is asking for money there is something wrong here. Open your eyes.
2007-07-21 10:23:48
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answer #9
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answered by Rick H 2
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Not just no, but Hell, no! Clear out now while the getting is good. You have just gotten tangled up with a moneygrubber, golddigger, player. LEAVE 'EM BEHIND!
2007-07-21 10:23:31
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answer #10
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answered by claudiacake 7
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I wouldn't, or just expect to never see the money again and consider it a gift, not a loan.
2007-07-21 10:23:25
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answer #11
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answered by Nc Jay 5
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