You know how lending money to friends can go wrong, well....

[amir_j]

expect disasters- facebook has a money lending app!

"Friends on social networking site Facebook can now send small payments directly to each other via an application called Buxter.

Buxter handles transactions in Euros or US dollars, with plans to launch in Sterling in the next four weeks."


http://news.bbc.co.uk/1/hi/technology/8545487.stm

[Jasandjules]

Oh FFS.

Expect small claims courts to go into overdrive soon...

[collateral]

Needs a related kneecap smashing app

[hornetrider]

Facebook Gonk said:

Mr von Hammel-Bonten said he hoped people would use the service to pay each other for shared expenses such as cinema tickets and restaurant bills initially.

With a 2 quid transaction fee?

Okaaaayyyyyyyyyy.

Personally - PAYING CASH WHEN ONE GETS TO THE fkING CINEMA WORKS JUST fkING FINE THANK YOU

/breathe

[ymwoods]

Never do it anymore unless its to a very close friend and money that I don't want back anyway. If it ever arrives back in my wallet then its a bonus, if not then it was a gift anyway.

[Jasandjules]

ymwoods said:

Never do it anymore unless its to a very close friend and money that I don't want back anyway. If it ever arrives back in my wallet then its a bonus, if not then it was a gift anyway.

This is the only way to lend anything to friends, be it money or otherwise....

[soad]

Meh, not something i'll make a use of.

Edited by soad on Tuesday 2nd March 18:50

[Penny-lope]

ymwoods said:

Never do it anymore unless its to a very close friend and money that I don't want back anyway. If it ever arrives back in my wallet then its a bonus, if not then it was a gift anyway.

Kinda think that way too....

Currently trying to get some dosh back as I have a leaking heating system, and the money would be handy. But tbh I have wrote it off, and gave it to people I care about.

[anonymous-user]

Not just lending money to friends, dont lend it to family neither. Lent my brother about a ton a while back, and even though he is a manager at walkers crisps, and i'm between jobs, the cheeky fker still pleads poverty to my folks, and as he is their eldest, they believe him. So, i wont hold my breath about him paying that back

[Lefty Two Drams]

Works fine if you trust the friend. I loaned my mate a cheeky £2k recently, he paid me back two weeks early and gave me a £100 bottle of whisky as a thankyou.

[Penny-lope]

Lefty Two Drams said:

Works fine if you trust the friend. I loaned my mate a cheeky £2k recently, he paid me back two weeks early and gave me a £100 bottle of whisky as a thankyou.

Lucky you....I loaned £700, and was promised it back plus a little extra in 3 months. That was a year past Jan....saying that, got another £50 yesterday, only 11 more to go

[Silent1]

Any money I lend to friends I never expect to get back. Over the years I've leant a couple of K to mates but never expected it back

[br d]

Lent an old friend 500 quid, he needed it desperately so he could get back to work, said he'd repay me after xmas.

Haven't seen a penny, and it wasn't the xmas just gone.

[WEHGuy]

I was once £5k deep with one of my friends. I paid him back plus a little extra. It enabled me to make money so, I was more than happy to give him extra. I also told him to put his savings into gold. He is up about 60%. On the other side of the spectrum, an old friend was in trouble(drugs) so, I helped him out. He was due me £2k at one point. It is now down to £200. It has been a struggle sometimes but, I'm still glad I did help him.

[MartinF]

There are only 4-5 people within my friend network who I'd consider myself close enough to to lend a large sum to (I lent my best mate 2k last year so he could finish his tour of Japan with a lengthy visit to NZ). I haven't seen any lump sums back but I rarely buy a beer when we're out.

That'll do I suppose, what are best friends for?

Edited by MartinF on Wednesday 3rd March 02:04

[Funk]

I don't know how someone could borrow money off a friend and then live with themselves just 'never repaying it'.

Anyone who could do that to someone else isn't a friend worth having. If I ever had to borrow money from anyone, I'd be paying it back as fast as humanly possible.

[catmartin]

Funk said:

I don't know how someone could borrow money off a friend and then live with themselves just 'never repaying it'.

Anyone who could do that to someone else isn't a friend worth having. If I ever had to borrow money from anyone, I'd be paying it back as fast as humanly possible.

I feel exactly the same. It's a running joke with my friends about how I am so weird about borrowing money - I just don't do it.

The only time I would consider it is if we are both buying something and I have no cash on me, or there's some sort of 2 for 1 deal or something. I hate being indebted to people, I think it's a pride thing!

[ymwoods]

catmartin said:

Funk said:

I don't know how someone could borrow money off a friend and then live with themselves just 'never repaying it'.

Anyone who could do that to someone else isn't a friend worth having. If I ever had to borrow money from anyone, I'd be paying it back as fast as humanly possible.

I feel exactly the same. It's a running joke with my friends about how I am so weird about borrowing money - I just don't do it.

The only time I would consider it is if we are both buying something and I have no cash on me, or there's some sort of 2 for 1 deal or something. I hate being indebted to people, I think it's a pride thing!

See I am slightly different, if it was a huge amount then yes but in terms of something like "Lend me £20 as I don't have my wallet please" I would just repay it in either favours or put it on the tab so to speak until they turned round and said the same sort of thing back.

Had one with a friend a few weeks ago where I borrowed £25 for oil off him and my repayment was driving him round most of the day when his van was in the garage and buying him a pint. We repay eachother with everything and anything really.

If I didn't have that kind of repayment relationship then I would not borrow.

[Tiggsy]

You people just have stty friends!

[Pints]

So does this mean the PH massive are using facebook now?
Oh dear me. This won't do at all.