Around 2 years ago, my friend told me that her store needed some emergency money. I lent her 2 of my highest credit line credit cards, so she can swipe it in her own store when she needed it. I never took a look at the statements because she was paying the bills every month for 2 years.
One day when i look at the statements for the 1st time. She had swipe $10000 total from both cards and she only had repay $2000 total. I got mad. I changed the card #s and told her should pay me back quick.
That is not the end. Sometimes she gets mad about paying the normal bills and claims she will suicide if i continue to ask her for those money. Sometimes she saids she will call the police if i keep on asking for those money. She close her store early and cut her phone line to aviod paying. She even write me a few check that cannot be cashed.
How can i get my money back? Please help me.
Can i still call and claim those are unathorized payments?
2007-08-13 14:35:01 · 7 answers · asked by NBJring123 2 in Business & Finance ➔ Personal Finance
It is indeed authorized, but who knows?
I never sign any recipe, can not prove that i am the one who use it the money. Also, dont people get suspicious when all $10000 was made at the same store?
2007-08-13 15:00:04 · update #1
I would recommend that you go to this website and get their form letters to collect on overdue debts. They have everything from polite reminders to legal forms to use. The link is...
http://www.creditmanagementworld.com/forms.html
2007-08-13 20:52:52 · answer #1 · answered by Anonymous · 0⤊ 0⤋
You could sue her but small claims maxes at $5,000 or less (depending on you local small claims).
Giving this so called friend two of your highest limit credit cards was stupid. But not bothering to look at the statements for TWO YEARS is beyond stupid.
What's more with $10,000 charged and only $2,000 paid, I bet you have all sorts of late fees. How bad has this trashed your credit score?
I suggest you find a second job to pay this off. Your so called friend has screwed you,
2007-08-13 22:52:45 · answer #2 · answered by bdancer222 7 · 0⤊ 0⤋
LESSON # 1 NEVER EVER EVER loan your credit card to ANYONE!
LESSON #2 A friend who does this is NO FRIEND!
LESSON # 3 You gave her permission to use the card and therefore you are responsible for the debt!
LESSON #4 IF someone threatens you with calling the police when they are the GUILTY party and also threatens suicide, they have a mental health issue and you should contact someone to help her! She is not well!
2007-08-13 22:04:10 · answer #3 · answered by ANGEL Baby 3 · 1⤊ 0⤋
First of all if she is your friend you should have known her well enough to know how she is w money.Second I BET YOU WON'T EVER GIVE OUT YOUR CC LIKE THAT EVER AGAIN NOT EVEN IF ITS FAMILY,JUST NOT A SMART IDEA.Now as much as I hate bringing the system into things you may have to take her to court. Document everything!!
I feel bad that she took advantage of your good nature.
2007-08-13 21:49:36 · answer #4 · answered by Anonymous · 0⤊ 0⤋
Perhaps if you took 20% off the balance she might pay you the difference. There really nothing else you do.
2007-08-14 10:36:00 · answer #5 · answered by Anonymous · 0⤊ 0⤋
No, you did authorize them. Why would you loan your cards, unsupervised, to someone who obviously was not good with money???!?!!
You would have to take her to court.
2007-08-13 21:41:04 · answer #6 · answered by Anonymous · 0⤊ 0⤋
You are PERSONALLY RESPONSIBLE for repaying this money.
Sorry!
(Got any mean-looking friends you can "send round to see her"?)
2007-08-13 21:47:58 · answer #7 · answered by Anonymous · 0⤊ 0⤋