When you borrow out money to friends do you expect to see it again?

Answer 1

No that's why I give money to the ones who needed.

Answer 2

You mean when you LEND out money? I have a simple rule.... the only way I would ever give anyone any money is, if it would be a GIFT. No repayment!

If someone is low on finance enough to ask someone (a friend) for a loan, what would you think the reasonable probability is that situation would improve so much that he/she can now repay you?

Chances are, he/she is so low on reserve, that he/she will continue to ask multiple people money and have no plan or way to pay anyone back.

I might see the person again, but I wouldn't expect to see my money ever again.

Answer 3

Hello,
A friend who asks to borrow money is no friend.
I do not expect to ever see the person and if I do see the person not my money again. People have surprised me in the past though....

Answer 4

Yes

If they are good enough friend and they need money that they know they cant pay back, then they should ask if they can "have" some rather then "borrow" some

Also, if they ask if they can borrow it and have no intention of paying it back, i think it makes them look like they dont respect me and what i am doing for them.

Answer 5

Very nice & timely question it is. My answer is
(1) Yes , if the amount is big
(2) No, if the amount is small.
I've experience of this problem & consider it to be one of many true life experiences. Imagine if you lend big amount & the borrower disappears & goes out of the city without givin new address to you. Newly appointed boys & girls in any job face this problem from the colleagues. One must be tactful while handling money matters. Young people keep a golden tip in mind. Never disclose your asset to anybody & safeguard your money carefully. If you don't spend, other cunning people will fore you to spend on them somehow by hook or by crook & call you a great fooltoo. Credit card rackets extort your hard earned money at different names & schemes similarly by cheating tricks only & call that to be GOOD 'money management'. One of my known persons remained bachelor throught his life & he is now above 80. He was being asked by many of his friends to lend money in need. Being very simple he gave them money. Whenever he was asking them to return back, they were reluctant & dictating their own terms for that. He lost many friends too in the process. Most of them didn't at all return. Poor old man is living alone with no relative alive.

Answer 6

I never ask for it back, unless it part of an ongoing agreement (like rent or something), and I don't give it unless never seeing it again is an issue. I usually get it back anyway, which is nice. If they want to pay it back, but have trouble doing so, I tell them it was meant as a gift and insist that they not.

Conversely, if I owe money I pay it back as soon as I can, regardless of whether the lender expects it or not.

Answer 7

Personally I never lend. I've never been asked for money nor have I asked anyone for money. But I would only lend if I had to, to someone I know to be trustworthy and I had no doubts about it otherwise forget it. I know I wouldn't see the money again. If you lend that is what lending mean it's borroeing with the intention of giving back, but some people lack morals and don't care.I say be careful who you lend to.

Answer 8

Nope. Unless it's a lot, like more than $100. It also depends on what it's for - like $500 emergency money for some major medical expense or something important, I probably won't expect it back.

Answer 9

When I let people borrow money, I expect to get it back. If I don't it will NEVER happen again!!

Answer 10

Nope, But I only "lend" money to a small circle of friends who in return have been there for me in my past.
Also it depends on what amount of money you're talking about if it's a large amount and you seriously need it then talk to your friend explain where you are and you will get a answer letting you know what type of person your friend really is

Answer 11

Your alleged buddy is dodging you. She wasn't "too busy" to discover time to get the money from you, became she. tell her to get a postal funds order for the finished volume and deliver it to you thru qualified mail so which you acquire it in no extra advantageous than 7 days. tell her, if she would not do it, you will visit the police or the community prosecutor and fee her with theft via deception. This "buddy" isn't your buddy. She's a consumer and you do not prefer any area of that nonsense.