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Sep 16, 2012 3:32 PM
#1

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Jun 2012
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If you have money and friends, the situation is bound to come up eventually. Should you loan money to a friend?

When your friends are broke, it’s natural to want to help out. Though do the benefits of your goodwill really outweigh the risks involved? Personally, I'm quite hesitant to lend people money from past experiences when some of them don't end up repaying what you lent them. This has led to loss of trust and sometimes even friendships.

Shakespeare once said, “Lend money to a friend and you lose both, money and friend.” Are you willing to trust the person and risk losing the money and the relationship because of your goodwill or just apologize and say no.
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Sep 16, 2012 3:36 PM
#2

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Mar 2011
9988
Depends how much money. If it's a £10 then I would do that of course. If it was £100 then it would depend on the friend, since some of them are more likely to pay than others....
Sep 16, 2012 3:37 PM
#3
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Jun 2012
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Nope. They should ask someone in their family for some cash.
Sep 16, 2012 3:37 PM
#4
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Aug 2012
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If its over like ten or twenty hell no. And even then the friend would have to be relatively close and reliable, I have many "hi" friends so if I gave money to them I probably wouldnt hear from them so I suppose they are barely my friends at all.
"届どいた....手紙?" - スワ(オレンジ)
Sep 16, 2012 3:37 PM
#5

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Jun 2012
1848
if your friend asks you to loan money don't you run away and change your identity so you don't have to give them cash
~"The place to improve the world is first in one's own heart and head and hands." (Pirsig)

Sep 16, 2012 3:38 PM
#6

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I just give money to my friends. I never expect them to pay me back and if they do then it's a nice surprise.
Sep 16, 2012 3:38 PM
#7

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Did it once, and can safely say I will never do so again. I was all up for helping them, they were in a really tricky spot, but it all got messy when I needed the money back.
Sep 16, 2012 3:40 PM
#8

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Aug 2012
1039
Depends on the amount of money he needs, my current financial status and how close I am with that particular friend.

If it's a close friend, I wouldn't mind lending him a big sum of money provided I have sufficient money.

I would have to kindly reject to lend money to a friend who isn't close to me because I wouldn't know if he or she is trustworthy enough to pay it back.

Not a good experience to have someone refusing to pay you back..
Sep 16, 2012 3:41 PM
#9

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Jul 2012
5238
no. i don't think people should do it. from what i've seen it usually ends badly. and sometimes it ends badly simply b/c the friend is pissed you won't lend them money. IMO a real friend wouldn't feel that way.
Sep 16, 2012 3:42 PM

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Mar 2012
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I would say don't lend them money, but give them money. If you can afford to help them out and you want to, that is. Don't expect to be payed back and you'll be pleasantly surprised if you are. Obviously you can only do so much, so if they ask you on multiple occasions, or for large amounts, you can refer them to the fact that you already gave them money with no expectations of having it returned. If they persist they are probably not a friend and not worth your time.

Scud said:
I just give money to my friends. I never expect them to pay me back and if they do then it's a nice surprise.

twinz
LoneWolf said:
@Josh makes me sad to call myself Canadian.
Sep 16, 2012 3:44 PM

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Feb 2012
3702
If it's a small amount of money then ya, because I don't really care about getting it back. Personally I can't stand it when people lend their friends like 2 bucks and get pissed when they don't repay them immediately the next day.
Sep 16, 2012 3:44 PM
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Allecto said:
Did it once, and can safely say I will never do so again. I was all up for helping them, but it all got messy when I needed the money back.

"I can't pay you back this week because they garnished my wages. But I'll definitely pay you back when my next check comes." -__-
Sep 16, 2012 3:50 PM

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Deziah said:
Allecto said:
Did it once, and can safely say I will never do so again. I was all up for helping them, but it all got messy when I needed the money back.

"I can't pay you back this week because they garnished my wages. But I'll definitely pay you back when my next check comes." -__-


Sounds all too familiar. From what I've heard from others on this subject, people tend to fool themselves into believing that a loan is actually a gift. Or worse, they were told it was a loan, but later pretended they thought it was a gift all along, hoping that the other would let them keep the money. -__-
Sep 16, 2012 3:50 PM

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I lend whenever they ask, but they rarely ask.
Sep 16, 2012 3:53 PM

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489
i only have one friend whom i would lend money, we rarely have moneyproblems so it have only come to it with small cash which could be paid back the next day.
wouldent mind lending a big sum to him as long at it is less than $1000.
but wouldent borrow money from friends neather since i am not allways sure on when i would be able to pay them back, so im just makeing sure to allways haveing $5-10.000 in the bank. to be secure.
.
Sep 16, 2012 3:59 PM

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Apr 2012
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A good friend will rarely ask you for money.
As a child, I was told that society is a melting pot of talents; knowledge and experience combined to form important alloys that will contribute to mankind. When I got to highschool, however, I thought that it's more like a river in which the water represents our peers while we ourselves are the stones in the river. Constant erosion by mindless majority sheeping has made us lose our unique edge. After I hit the age of 18, I realized that I've been wrong all along. Society is no melting pot. Society is no river. Society is a person, a very skilled rapist, and he has fucked us all.
Sep 16, 2012 4:12 PM
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Lent a friend $800 once, pretty sure I'll never see it again >.< But it's just money not something I will let affect my friendship over.
Sep 16, 2012 4:17 PM

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Katagari said:
Lent a friend $800 once, pretty sure I'll never see it again >.< But it's just money not something I will let affect my friendship over.


That's a remarkably casual way to dismiss the loss of $800. You must be wealthy, or you must not need money.
Sep 16, 2012 4:19 PM

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Katagari said:
Lent a friend $800 once, pretty sure I'll never see it again >.< But it's just money not something I will let affect my friendship over.


800 dollars is not a small amount...
As a child, I was told that society is a melting pot of talents; knowledge and experience combined to form important alloys that will contribute to mankind. When I got to highschool, however, I thought that it's more like a river in which the water represents our peers while we ourselves are the stones in the river. Constant erosion by mindless majority sheeping has made us lose our unique edge. After I hit the age of 18, I realized that I've been wrong all along. Society is no melting pot. Society is no river. Society is a person, a very skilled rapist, and he has fucked us all.
Sep 16, 2012 4:22 PM

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Mar 2009
65239
No. I never lend because most people wouldn't pay back and it's annoying having to keep asking.
Sep 16, 2012 4:22 PM

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1151
Any money I lend I don't expect to get back. If I do, fantastic. I try not to do it, but if someone needs help, they need help. I can't watch people perish :(
Sep 16, 2012 4:22 PM
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InfiniteRyvius said:
Katagari said:
Lent a friend $800 once, pretty sure I'll never see it again >.< But it's just money not something I will let affect my friendship over.


That's a remarkably casual way to dismiss the loss of $800. You must be wealthy, or you must not need money.


No I just have a very different viewpoint on money than most I think.
Sep 16, 2012 4:23 PM

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Katagari said:
InfiniteRyvius said:
Katagari said:
Lent a friend $800 once, pretty sure I'll never see it again >.< But it's just money not something I will let affect my friendship over.


That's a remarkably casual way to dismiss the loss of $800. You must be wealthy, or you must not need money.


No I just have a very different viewpoint on money than most I think.


how are you so rich
i don't think i've seen 800 dollars in the course of my lifetime
~"The place to improve the world is first in one's own heart and head and hands." (Pirsig)

Sep 16, 2012 4:24 PM

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Mar 2012
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BloodRequiem said:
Katagari said:
Lent a friend $800 once, pretty sure I'll never see it again >.< But it's just money not something I will let affect my friendship over.

800 dollars is not a small amount...

Depends how old you are/ what your situation is, but I'm going to assume that he's fairly young, so yeah, it probably is a decent amount.
LoneWolf said:
@Josh makes me sad to call myself Canadian.
Sep 16, 2012 4:26 PM

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Katagari said:
InfiniteRyvius said:
Katagari said:
Lent a friend $800 once, pretty sure I'll never see it again >.< But it's just money not something I will let affect my friendship over.


That's a remarkably casual way to dismiss the loss of $800. You must be wealthy, or you must not need money.


No I just have a very different viewpoint on money than most I think.


But you can't expect everyone to have the same viewpoint on money as you do. Even if you tell your friend that you don't expect him/her to pay it back, there is always going to be something tugging at the bottom of his/her heart whenever they see you.
As a child, I was told that society is a melting pot of talents; knowledge and experience combined to form important alloys that will contribute to mankind. When I got to highschool, however, I thought that it's more like a river in which the water represents our peers while we ourselves are the stones in the river. Constant erosion by mindless majority sheeping has made us lose our unique edge. After I hit the age of 18, I realized that I've been wrong all along. Society is no melting pot. Society is no river. Society is a person, a very skilled rapist, and he has fucked us all.
Sep 16, 2012 4:27 PM

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Jun 2012
488
Sure, if you can trust them to pay you back.
Sep 16, 2012 4:30 PM

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BloodRequiem said:
Katagari said:
No I just have a very different viewpoint on money than most I think.


But you can't expect everyone to have the same viewpoint on money as you do. Even if you tell your friend that you don't expect him/her to pay it back, there is always going to be something tugging at the bottom of his/her heart whenever they see you.

That's a hefty assumption.
LoneWolf said:
@Josh makes me sad to call myself Canadian.
Sep 16, 2012 4:31 PM

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Post-Josh said:
BloodRequiem said:
Katagari said:
No I just have a very different viewpoint on money than most I think.


But you can't expect everyone to have the same viewpoint on money as you do. Even if you tell your friend that you don't expect him/her to pay it back, there is always going to be something tugging at the bottom of his/her heart whenever they see you.

That's a hefty assumption.


I said that based on the fact that 800 dollars is not a small amount.
As a child, I was told that society is a melting pot of talents; knowledge and experience combined to form important alloys that will contribute to mankind. When I got to highschool, however, I thought that it's more like a river in which the water represents our peers while we ourselves are the stones in the river. Constant erosion by mindless majority sheeping has made us lose our unique edge. After I hit the age of 18, I realized that I've been wrong all along. Society is no melting pot. Society is no river. Society is a person, a very skilled rapist, and he has fucked us all.
Sep 16, 2012 4:32 PM
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Regicide said:
Katagari said:
InfiniteRyvius said:
Katagari said:
Lent a friend $800 once, pretty sure I'll never see it again >.< But it's just money not something I will let affect my friendship over.


That's a remarkably casual way to dismiss the loss of $800. You must be wealthy, or you must not need money.


No I just have a very different viewpoint on money than most I think.


how are you so rich
i don't think i've seen 800 dollars in the course of my lifetime


Ah $800 isn't even enough to cover a month's rent =/

@ Blood
No I don't expect everyone to have the same viewpoint, in fact I know I am in the minority here. Lol and I honestly don't think that they have anything tugging at their hearts when they see me about not paying me back.
Sep 16, 2012 4:34 PM

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It depends how close you are, I guess. I'd have no trouble lending money to my two very best friends.

BloodRequiem said:
A good friend will rarely ask you for money.


I agree.
Sep 16, 2012 4:38 PM
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Aug 2012
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I hardly lend my friends money. I'm not stingy, i just hate getting into those situations especially when you know it's one of those people that say "I had the money but...".
I say it depends on the person though if i went out with a friend and they didn't have enough money with them then i'll lend them or just give them the money but it all depends on the situation.
Sep 16, 2012 4:43 PM

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Mar 2012
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I trust that if my friends have a minimal amount of decency, they'll give it back to me eventually.
やがて気づく本当の気持ちは
そして 人間が大好きでした
Sep 16, 2012 4:57 PM

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Katagari said:
Ah $800 isn't even enough to cover a month's rent =/


That's quite an expensive rent you got there.... suggesting you are actually post 20 years old. This makes the $800 thing make more sense.
Sep 16, 2012 4:59 PM

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I personally refrain from doing so unless it is absolutely necessary and they'll pay me back on the same day.
Sep 16, 2012 5:03 PM
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InfiniteRyvius said:
Katagari said:
Ah $800 isn't even enough to cover a month's rent =/


That's quite an expensive rent you got there.... suggesting you are actually post 20 years old. This makes the $800 thing make more sense.


About to jump up to $955 next month. Yes older than 20 /cry =/
Sep 16, 2012 5:07 PM

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9988
Katagari said:
InfiniteRyvius said:
Katagari said:
Ah $800 isn't even enough to cover a month's rent =/


That's quite an expensive rent you got there.... suggesting you are actually post 20 years old. This makes the $800 thing make more sense.


About to jump up to $955 next month. Yes older than 20 /cry =/


Ouch. My rent next year is £280 a month, all bills included (including internet). That's around $500. Ouch, you must have some amount of wealth to your name, or a job.
Sep 16, 2012 5:11 PM

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Sep 2012
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PirateKingz said:
If you have money and friends, the situation is bound to come up eventually. Should you loan money to a friend?

When your friends are broke, it’s natural to want to help out. Though do the benefits of your goodwill really outweigh the risks involved? Personally, I'm quite hesitant to lend people money from past experiences when some of them don't end up repaying what you lent them. This has led to loss of trust and sometimes even friendships.

Shakespeare once said, “Lend money to a friend and you lose both, money and friend.” Are you willing to trust the person and risk losing the money and the relationship because of your goodwill or just apologize and say no.


i don't, it just complicates things
Sep 16, 2012 5:18 PM

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I don't, but that's mostly because I'm a cheap asshole.
Sep 16, 2012 5:22 PM

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Jun 2012
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For something over 1000 I highly recommend to makes official paper. I've seen a similar situation where it would helped a lot.

For small amont (1-100$) It's just a refundable service (not necessary with money).

Katagari said:
Lent a friend $800 once, pretty sure I'll never see it again >.< But it's just money not something I will let affect my friendship over.

I consider I have a descent situation and 800$ still seems a lot... I would hardly consider as friend someone who borrows 800$ with no intention of refund...
HapaxSep 16, 2012 6:39 PM

I sometime have funky grammar, sorry about that. If you can correct some of my post, you would be an angel.
Sep 16, 2012 5:46 PM

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NO, unless he is literally going to die without or something...:/
Sep 16, 2012 5:49 PM

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I only lend as much as I'd be willing to lose, so usually nothing over $50 because I'm poor and jobless. A lot of times I won't ask for the money back if it's a close friend. Chances are, I'll eventually be repaid back somehow in the future. If not, oh well, doesn't bother me.
Sep 16, 2012 6:35 PM

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I'm usually the guy who borrows money from my friends.
Sep 16, 2012 7:51 PM
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9027
Nope
Sep 16, 2012 7:57 PM

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Small amounts, but not much more than that. Money is the root of many evils, and it's not something you want to take over a friendship.
Sep 16, 2012 8:00 PM

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610
I'd loan them some money only if I knew them well, and if they didn't pay me back .... there would be some serious interest added to the bill
Sep 16, 2012 8:46 PM

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The past few times I've lent money, getting it back has always been a pain. So probably not.
Sep 16, 2012 9:04 PM

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As the saying goes: "Friendship is just like money, easier made than kept." I don't mind lending money to friends that I trust. What I don't like are people who take friendship for granted.
Sep 16, 2012 9:18 PM

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1569
I don't lend money to my friends. If I can help them, I simply give it to them. They almost always try to pay me back, but I refuse it.
Sep 16, 2012 9:36 PM
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1426
If they need money, I'll only lend them small amounts. Something I know they'll be able to pay me back with.
Sep 16, 2012 9:50 PM

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1127
I never give out money to anybody, unless they want me to buy them something with it.

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