+ Reply to Thread
Results 1 to 10 of 10
  1. #1
    Join Date
    Sep 2019
    Posts
    20
    Thanks
    35
    Thanked
    6
    Reviews
    0

    Default Borrowing money from a friend..how soon should you repay?

    I had a friend borrow $50 from me on Monday. She told me she will repay me after three weeks.

    I'm currently on benefits but was able to spare the $50.
    She's on benefits too, but says she needs to go away for the weekend, in the next fortnight and her pay will go on that journey.

    I am just feeling a bit used.

    Is this a reasonable time to pay someone back?

    I was hesitant in lending her the money as she spends her last $$ on smokes and sometimes gambles on poker machines.
    Guess I lent it in good faith. Maybe I'm the fool. She said she needed money for petrol and food.

  2. #2
    Join Date
    Sep 2015
    Posts
    275
    Thanks
    518
    Thanked
    266
    Reviews
    0
    As the saying goes, don’t lend what you don’t want to give.

  3. The Following 3 Users Say Thank You to Twinkletoes Sparklebutt For This Useful Post:

    babyno1onboard (19-10-2019),Cherryblossomgirl (18-10-2019),JR03 (20-10-2019)

  4. #3
    Join Date
    Sep 2010
    Posts
    2,721
    Thanks
    877
    Thanked
    2,322
    Reviews
    0
    Achievements:Topaz Star - 500 postsAmber Star - 2,000 posts
    If I ‘lend’ money to family or friends I work on never seeing it again. Bonus if I get it back.

  5. The Following User Says Thank You to Mod-DJ Nette For This Useful Post:

    Cherryblossomgirl (18-10-2019)

  6. #4
    Join Date
    Apr 2011
    Posts
    4,539
    Thanks
    2,690
    Thanked
    2,895
    Reviews
    4
    Achievements:Topaz Star - 500 postsAmber Star - 2,000 posts
    Knowing what your friend is like. Smokes and gambling and wants a weekend away I would of said no in the first place

  7. #5
    Join Date
    Jun 2014
    Posts
    6,087
    Thanks
    7,131
    Thanked
    6,474
    Reviews
    0
    Achievements:Topaz Star - 500 postsAmber Star - 2,000 postsAmethyst Star - 5,000 posts
    I agree with above, the only times I’ve lent money I’ve done so being totally happy if I never see it again.

    Did you have an agreement of when she would pay it back?

  8. #6
    Join Date
    Jul 2010
    Posts
    6,332
    Thanks
    5,363
    Thanked
    5,345
    Reviews
    0
    Achievements:Topaz Star - 500 postsAmber Star - 2,000 postsAmethyst Star - 5,000 posts
    Give her the 3 weeks. She only borrowed on Monday and specified when she would repay you. I would ask in three weeks for the money back. If after 5 weeks she hadn’t repaid you and you had asked 3 times, I wouldn’t bother with her again

  9. #7
    Join Date
    Aug 2017
    Posts
    1,674
    Thanks
    3,044
    Thanked
    2,278
    Reviews
    0
    Achievements:Topaz Star - 500 posts
    I think if she said 3 weeks and you agreed, I’d give her that time.

    It could be annoying her borrowing money from you just to find out after that, that she’s planned to go away for the weekend. But I guess it comes down to what your expectations are in terms of lending money - only for a necessity, or the reason doesn’t matter?

    I only lend money to an amount I can manage at the time, regardless of who it is and regardless of the reason (with minimal exceptions) and if I can’t afford to lose it, I don’t lend it.

    But I’m not sure you’ve lost it yet.

  10. The Following User Says Thank You to Mod-LIKE A BOSS For This Useful Post:

    babyno1onboard (19-10-2019)

  11. #8
    Join Date
    Apr 2009
    Posts
    2,041
    Thanks
    920
    Thanked
    742
    Reviews
    0
    Achievements:Topaz Star - 500 postsAmber Star - 2,000 posts
    Hasn't even been a week yet. But if you know what she is like and you are already feeling used, you probably should not of lent her the money in the first place.

  12. #9
    Join Date
    Aug 2015
    Posts
    4,341
    Thanks
    28,879
    Thanked
    15,102
    Reviews
    0
    Achievements:Topaz Star - 500 postsAmber Star - 2,000 posts
    Being that you both agreed to have it repaid in three weeks time I don't think you should be asking for it back any sooner. The purpose for which she is using the money - or indeed, any of her other money - is irrelevant if you've already made an agreement. If you're concerned that you won't be getting the money you loaned her back then perhaps you shouldn't have loaned it in the first place....

  13. #10
    Join Date
    Sep 2013
    Posts
    2,246
    Thanks
    2,242
    Thanked
    1,524
    Reviews
    0
    Achievements:Topaz Star - 500 postsAmber Star - 2,000 posts
    You lent a sum of money. Your friend has said when she will pay you back, which hasn't yet elapsed.
    You don't really get a say in how that money is spent, it's hers to do as she wants with it. Your concern is with being repaid. If you now have regrets about it, or feel you get to say what it's spent on, that's on you. Give your friend a chance to repay it before getting upset


 

Similar Threads

  1. How soon did you move on from purees?
    By Piffle in forum Weaning & Starting solids
    Replies: 10
    Last Post: 22-03-2010, 15:01
  2. Borrowing money from parents..
    By Petlover in forum General Chat
    Replies: 7
    Last Post: 20-02-2009, 15:29
  3. How soon did you need new pants?
    By MilkOnTap in forum Pregnancy & Birth General Chat
    Replies: 35
    Last Post: 01-10-2006, 09:25
  4. how soon did you get pregnant after haveing depo injections???
    By InSaneOne in forum Conception issues & ttc
    Replies: 7
    Last Post: 05-09-2006, 14:46
  5. How soon did you get clucky????
    By MJF in forum General Chat
    Replies: 28
    Last Post: 19-05-2006, 12:04

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts

ADVERTISEMENT

ADVERTISEMENT

FEATURED SUPPORTER
BUMPFertilityIf you can't conceive, you need to try a fresh, new approach. New research identifies 80% of infertility is caused by ...
FORUMS - chatting now ...