Loan to a friend

Discussion in 'General Chat' started by ahkip, Dec 18, 2007.

  1. #1
    Have you ever borrow money to your friend? How many did you give him?

    The situation is this. I have this very good friend from high school. I didn't see him for 5 years (moved to US).

    Last month i found some old friend from facebook and got his number. I called him and talked with him today. He is having problem with money and i offered to help (he didn't asked, but i know he need money).

    i know him well enough that he will try his best to return the money, but if he is able to is another story.

    should i send him 1000, and wait later to send him more or send 5000 in one shot?
     
    ahkip, Dec 18, 2007 IP
  2. twistedspikes

    twistedspikes Notable Member

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    #2
    Depends on who it is. If you really do trust him then send it all at once, if not then I wouldn't recomend doing that at all.

    Plus not speaking to someone for 5 years and then giving them money isn't exactly an amazing idea.
     
    twistedspikes, Dec 18, 2007 IP
  3. surfaddict

    surfaddict Active Member

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    #3
    im facing the same situation as you about 3 years ago. We're at the same college for about a year then im further my study at difference university. After 4 years, i found her at the same university. She lend my money and never pay it back. Im so frustrated not because of that issues but due to she never calling me about that money and keep away from me until now. I also don't asked about that money but as a friend it was totally suck to been played like that.

    It depend on you, but my opinion don't give that much to him. You should help him by teaching how to generate money online rather that purely give him a bulk of money without giving something. :)
     
    surfaddict, Dec 18, 2007 IP
  4. w3bmaster

    w3bmaster Notable Member

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    #4
    I borrowed lot of money to my friends (but only for the close ones)
     
    w3bmaster, Dec 18, 2007 IP
  5. chaka42

    chaka42 Peon

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    #5
    I wouldn't lend a friend any money. It will change the relationship. I'm sure surfaddict can attest to that. If you have the resources and want to help, just give him the money. Still, I think you need to decide for yourself whether you are truly helping your friend by giving him money. Sometimes it's of help, and sometimes it's not.
     
    chaka42, Dec 18, 2007 IP
  6. terminator69

    terminator69 Notable Member

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    #6
    I hardly ever borrow money.

    Currently 2 people owe me a total of $250. Taken 2 months so far and still haven't paid back.

    Lending people money is so stressful, I strive to never lend any money to anyone.
     
    terminator69, Dec 18, 2007 IP
  7. ahkip

    ahkip Prominent Member

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    #7
    I think i will just give him the money instead of loaning him. I believe he really need help..

    i know i am not using my brain...but he is my dude..what can i do:D
     
    ahkip, Dec 18, 2007 IP
  8. TibeDesign

    TibeDesign Banned

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    #8
    i meet a guy on DP and we talked for 4 months and he needed 300$ so i give him 300$ i think he will pay me it back
     
    TibeDesign, Dec 18, 2007 IP
  9. jasonk1234

    jasonk1234 Well-Known Member

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    #9
    I would never lend money to my friends unless they were begging me for it simply because I have seen money come between friends before and ruin friendships
     
    jasonk1234, Dec 18, 2007 IP
  10. twistedspikes

    twistedspikes Notable Member

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    #10
    How? You joined in October, this is December, there isn't 4 months between October and now.
     
    twistedspikes, Dec 18, 2007 IP
  11. Jarodboy

    Jarodboy Prominent Member

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    #11
    Why don't you try to help him making his own money? Is that possible?

    If not, just give him 1000....5000 seems to much, at least for me.
     
    Jarodboy, Dec 18, 2007 IP
  12. ahkip

    ahkip Prominent Member

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    #12
    He is the head contractor and he need to pay his worker in order to finish the job and get paid. He doesn't have the cash right now and can't get a loan from bank

    a few friend loaned him around 4000, but it is still not enough
     
    ahkip, Dec 18, 2007 IP
  13. MaryMary

    MaryMary Prominent Member

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    #13
    :mad: Funny you ask...I just recently (last week) loaned someone from here $11 but for some reason I don't think I will be getting it back.
     
    MaryMary, Dec 18, 2007 IP
  14. letsjoy

    letsjoy Well-Known Member

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    #14
    Giving money for help as loan is good dead but taking it back is wise dead :)
     
    letsjoy, Dec 18, 2007 IP
  15. Indian_Webmaster

    Indian_Webmaster Banned

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    #15
    So someone has scammed you for 11$?? Look at the scammers dudes, even mods are infected ;).. haha

    I hope you will get it mary :)

    To OP,

    yes it is good to help other but please keep your safety first :)
     
    Indian_Webmaster, Dec 18, 2007 IP
  16. MaryMary

    MaryMary Prominent Member

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    #16
    No this person is definitely not a scammer, i considered them to be a good friend of mine, but sometimes things just don't work out like you plan for them to.

    Honestly, I knew when they asked for the loan, they meant..can i have $11 for christmas...lol

    It sure won't break me, so don't feel to bad:D
     
    MaryMary, Dec 18, 2007 IP
    DomainMagnate likes this.
  17. Jarodboy

    Jarodboy Prominent Member

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    #17
    He can't negotiate with the workers to pay them when he receives the money?
    Or give the workers and advance with the 4000 he already have and pay them the rest when he receives it...?

    Just some ideas...:rolleyes:
     
    Jarodboy, Dec 18, 2007 IP
  18. anions

    anions Notable Member

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    #18
    Give it to him without saying if its a loan or not.

    I'm sure in due course, he'll return it ;)

    If he is unable to, well you tried to help him dincha.
     
    anions, Dec 18, 2007 IP
  19. ahkip

    ahkip Prominent Member

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    #19
    it doesn't work that way. Those guy only work when the money is there (my dad is a contractor too so i know the business)

    the whole market is bad.that's why he is in deep shit. (my dad was fxxk before too..one construction didn't pay after the job is done. He lost 200k on that job...)
     
    ahkip, Dec 18, 2007 IP
  20. ammoun

    ammoun Active Member

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    #20
    It all depends on the kind of the friend , that's why you only are able to decide ... but don't forget that immigration may change people :)
     
    ammoun, Dec 18, 2007 IP