Lending Small amount of cash to friends
Discussion
DuraAce said:
fridaypassion said:
How to broach it? I dont want to embarrass the guy.....
Just come straight out with it. I wouldn't be embarrassed if someone offered to help me - I would really appreciate the offer, even if I didn't need it at the time. Sign of a good friend IMHO and not something I would ever forget.
alorotom said:
p4cks said:
Any update alorotom?
Nah nada nothing ... doubt I'll hear anything until the 23rd ... in 2 minds about chasing in the interim or leaving her to it, depends how much she wants this Amigo guarantor loan (assuming for the £7.5k max) I guess lolgaryhun said:
DuraAce said:
fridaypassion said:
How to broach it? I dont want to embarrass the guy.....
Just come straight out with it. I wouldn't be embarrassed if someone offered to help me - I would really appreciate the offer, even if I didn't need it at the time. Sign of a good friend IMHO and not something I would ever forget.
Du1point8 said:
StottyEvo said:
markcoznottz said:
StottyEvo said:
How do you not get your money back? I've lent out lots of money over the years and been ducked many times. The most recent was for £2,500 and I noticed said friend ducking me after I called him in the morning, sent a text then called again the evening all with no response. The next day I called him mobile repeatedly, when he wouldn't answer I called his work and asked for him... After a raging bking he paid me my money.
Another recent one I was owed £300, after ducked texts and calls I turned up at his house on a Sunday evening. People want a quiet life, they really really do not want someone calling their work or turning up at their house on a Sunday evening. Make it easier for them to pay the money than not.
I think there isn't a length that I wouldn't go to to get my money back, which kinda works well as a deterrent to not pay me back.
I'm currently owed just shy of £20,000 by friends at the moment.
Why so much? Another recent one I was owed £300, after ducked texts and calls I turned up at his house on a Sunday evening. People want a quiet life, they really really do not want someone calling their work or turning up at their house on a Sunday evening. Make it easier for them to pay the money than not.
I think there isn't a length that I wouldn't go to to get my money back, which kinda works well as a deterrent to not pay me back.
I'm currently owed just shy of £20,000 by friends at the moment.
Rest of it is £350 to a life long friend who was made redundant, £200 to another friend who is in financial hardships.
I dont understand cause unless he got it for circa £15k its floating around that price anyway:
http://www.pistonheads.com/classifieds/used-cars/m...
So even if you take in the fact its got more miles and NI, I thought it was the going rate, so you bought him a car instead of him getting a loan?
I have the money back anyway now.
Morningside said:
I sold my old car to my friend that I have known since 1981 and we have always helped each other out. Sold it to him for £750. After 4 months I am still waiting for the remaining £500.
Chased him many times and it's always some excuse or another and then you see him going on long trips to meet some woman or another and showering them with gifts.
Am I pissed off? Yes, I damn well am. It's not really so much the money it's all the bullst and lies.
More surprised as I really thought we were good friends. Never again.
Now Mr. ahole is ignoring all calls and texts. More annoying it that he has disappeared and I cannot find him (left his partner). Looks like I will never get my remaining £400. Chased him many times and it's always some excuse or another and then you see him going on long trips to meet some woman or another and showering them with gifts.
Am I pissed off? Yes, I damn well am. It's not really so much the money it's all the bullst and lies.
More surprised as I really thought we were good friends. Never again.
Any ideas for the next step if I find him? Chase for debt via legal route? Small claims court? baseball bat? I dunno.
Morningside said:
Now Mr. ahole is ignoring all calls and texts. More annoying it that he has disappeared and I cannot find him (left his partner). Looks like I will never get my remaining £400.
Any ideas for the next step if I find him? Chase for debt via legal route? Small claims court? baseball bat? I dunno.
That's a bum.Any ideas for the next step if I find him? Chase for debt via legal route? Small claims court? baseball bat? I dunno.
Do you have it in writing, that he agrees to pay back the money?
I seen it enough on Judge Judy/Rinder/Grinder/Bumface that without some sort of evidence that you lent him the money, it can be very difficult.
To be honest unless you are desperate for the money I'd just write it off, maybe publically mention it on FB if you have lots of mutual friends or similar. Sometimes shame is better than threats.
I worked with a girl who lent her car to a friend so she could commute to a job (and the car owner couldn't afford insurance and car repayments at the same time) so she thought she was helping out her friend get to work and friend was covering the insurance.
After a year of this the car needed a Service, bits doing for mot and new tyres. The borrower refused to contribute anything but needed the car back asap to get to work again.
After a year of this the car needed a Service, bits doing for mot and new tyres. The borrower refused to contribute anything but needed the car back asap to get to work again.
xjay1337 said:
Morningside said:
Now Mr. ahole is ignoring all calls and texts. More annoying it that he has disappeared and I cannot find him (left his partner). Looks like I will never get my remaining £400.
Any ideas for the next step if I find him? Chase for debt via legal route? Small claims court? baseball bat? I dunno.
That's a bum.Any ideas for the next step if I find him? Chase for debt via legal route? Small claims court? baseball bat? I dunno.
Do you have it in writing, that he agrees to pay back the money?
I seen it enough on Judge Judy/Rinder/Grinder/Bumface that without some sort of evidence that you lent him the money, it can be very difficult.
To be honest unless you are desperate for the money I'd just write it off, maybe publically mention it on FB if you have lots of mutual friends or similar. Sometimes shame is better than threats.
alorotom said:
I put something in the Things that annoy you beyond all reason thread a little while ago on this exact matter.
I was asked by a friend who i have known for some 22yrs if i could lend her £3k last december to help pay some bills with her events business on the premise i would get it back with interest (an extra £1k) in 3 installments of 500/500/3000 in Jan/Feb then June.
Hassled incessantly about if/when I was sending the money to the point where I nearly decided against it, then semi-disappeared when I did send it. Turns out the money was for her and her then BF and not for the business and she gave him £1k when he walked out on her, why she would do this I dont know.
Fast forward into the new year and I hear from her sporadically but no mention of money, I wasnt pushed for it so let it run till July when I started to think that just because I wasnt in need of it didnt mean I shouldnt get it back, so started asking questions and was met indignantly about it. She arranged to pay £200 a month on the 28th each month July-November and then the balance of £2k in December, but could no longer offer any interest back - my sweetner now totally gone,
The first payment was made on time, every other I have had to send message after message about and the excuses are rampant. Last month I didnt get the amount till 16th and got an arsey message when I messaged on the 28th asking where the monies were at as I only got the last amount less than 2 wks ago (the fact that it was her delay didnt come into it).
I am still awaiting the 28/11 installment and was assured that it would be in my account yesterday and low and behold it wasnt ... I have never known anyone have such banking issues ... clearly lies.
I am waiting on the payment of the £200 then will press for the £2k lump.
The additional joke though is that she keeps asking for me to go guarantor on an Amigo loan for £10k for her ... she cant afford to pay me £200 a month without me hassling, how on earth does she expect me to believe she will maintain payments on a formal loan!! NOT A CHANCE
Oh and as a final piss take additional she hates her car (knackered little 02 plate nissan micra) and thinks she "deserves to drive and audi" and knows I have my TTRS in the garage that I dont really use and asked if she "could have it" as it was "just wasted not being used" by me, and that she "would look better driving it" than me and also "it would look more professional for her business" ... fking joker, especially when all I used to get from her was £5figure bragging about events she was arranging and creaming money out of - lies lies lies - you want your dream car, buy it yourself!
Are we still friends - definitely not
Am I keeping my cool till its paid - absolutely
Would I ever loan to anyone, ever again - not a chance
If I give you the 200 she ownes you can I have the TT? I was asked by a friend who i have known for some 22yrs if i could lend her £3k last december to help pay some bills with her events business on the premise i would get it back with interest (an extra £1k) in 3 installments of 500/500/3000 in Jan/Feb then June.
Hassled incessantly about if/when I was sending the money to the point where I nearly decided against it, then semi-disappeared when I did send it. Turns out the money was for her and her then BF and not for the business and she gave him £1k when he walked out on her, why she would do this I dont know.
Fast forward into the new year and I hear from her sporadically but no mention of money, I wasnt pushed for it so let it run till July when I started to think that just because I wasnt in need of it didnt mean I shouldnt get it back, so started asking questions and was met indignantly about it. She arranged to pay £200 a month on the 28th each month July-November and then the balance of £2k in December, but could no longer offer any interest back - my sweetner now totally gone,
The first payment was made on time, every other I have had to send message after message about and the excuses are rampant. Last month I didnt get the amount till 16th and got an arsey message when I messaged on the 28th asking where the monies were at as I only got the last amount less than 2 wks ago (the fact that it was her delay didnt come into it).
I am still awaiting the 28/11 installment and was assured that it would be in my account yesterday and low and behold it wasnt ... I have never known anyone have such banking issues ... clearly lies.
I am waiting on the payment of the £200 then will press for the £2k lump.
The additional joke though is that she keeps asking for me to go guarantor on an Amigo loan for £10k for her ... she cant afford to pay me £200 a month without me hassling, how on earth does she expect me to believe she will maintain payments on a formal loan!! NOT A CHANCE
Oh and as a final piss take additional she hates her car (knackered little 02 plate nissan micra) and thinks she "deserves to drive and audi" and knows I have my TTRS in the garage that I dont really use and asked if she "could have it" as it was "just wasted not being used" by me, and that she "would look better driving it" than me and also "it would look more professional for her business" ... fking joker, especially when all I used to get from her was £5figure bragging about events she was arranging and creaming money out of - lies lies lies - you want your dream car, buy it yourself!
Are we still friends - definitely not
Am I keeping my cool till its paid - absolutely
Would I ever loan to anyone, ever again - not a chance
Morningside said:
Yes. I do have an agreement of sorts as it was between friends (huge mistake!). I thought about publicly mentioning who and how much it but are there any legal repercussions of doing that?
IANAL but no issurs making it public if its factual.If you have in writing. Small claims.
Morningside said:
Morningside said:
I sold my old car to my friend that I have known since 1981 and we have always helped each other out. Sold it to him for £750. After 4 months I am still waiting for the remaining £500.
Chased him many times and it's always some excuse or another and then you see him going on long trips to meet some woman or another and showering them with gifts.
Am I pissed off? Yes, I damn well am. It's not really so much the money it's all the bullst and lies.
More surprised as I really thought we were good friends. Never again.
Now Mr. ahole is ignoring all calls and texts. More annoying it that he has disappeared and I cannot find him (left his partner). Looks like I will never get my remaining £400. Chased him many times and it's always some excuse or another and then you see him going on long trips to meet some woman or another and showering them with gifts.
Am I pissed off? Yes, I damn well am. It's not really so much the money it's all the bullst and lies.
More surprised as I really thought we were good friends. Never again.
Any ideas for the next step if I find him? Chase for debt via legal route? Small claims court? baseball bat? I dunno.
alorotom said:
p4cks said:
Any update alorotom?
Nah nada nothing ... doubt I'll hear anything until the 23rd ... in 2 minds about chasing in the interim or leaving her to it, depends how much she wants this Amigo guarantor loan (assuming for the £7.5k max) I guess lolalorotom said:
alorotom said:
p4cks said:
Any update alorotom?
Nah nada nothing ... doubt I'll hear anything until the 23rd ... in 2 minds about chasing in the interim or leaving her to it, depends how much she wants this Amigo guarantor loan (assuming for the £7.5k max) I guess lolBlown2CV said:
i might have missed why this is, but why would you go guarantor on a loan for someone so they can borrow money to pay you back... Pointless exercise as they just won't pay that and you'll be liable?
It's a couple of pages back ... essentially I'm not, it's the hook and condition of paying the rest back this month, but have no intention of actually going guarantor for anythingBlown2CV said:
i might have missed why this is, but why would you go guarantor on a loan for someone so they can borrow money to pay you back... Pointless exercise as they just won't pay that and you'll be liable?
He's not, he's only 'saying' he will providing he gets his money back from his original loan first.garyhun said:
bobtail4x4 said:
do you think she read this?
I wondered this.Heard from her and she reckons I'll have the first amount later today or tomorrow as she is waiting on an invoice clearing (did sound genuine in fairness) and also transferred another £200 to me immediately in prep ... the saga continues
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