Should I lend money my friends?

Vietnam
September 4, 2010 1:22am CST
Yesterday, One of my friends called me and he want to borrow some money. We're friend together when we're pupil in our hometown. We have not contacted for a long time. Today he called me to borrow money! I'm worry about that. Should I lend money him?
5 responses
@Metatronik (6199)
• Pasay, Philippines
5 Sep 10
It really depends on what you feel about lending him the money yet you must know his attitude especially when he ask help from other people and to you. If you are worry about it then the answer here is a big NO NO! as what other posters told you. Because you wouldn't know what will happen next. Or better yet ask him why he needs money then he should answer his assurance on how to pay you. Again be particular about his ASSURANCE! if he was not able to answer you straight then again it is a NO NO! plus you should know his telephone and mobile number and other contact details even his home address. Another thing here is that he must give you an option on the mobile phone that you can track him. Because sometimes it is really effective you are brave enough to call over his land line and whenever you can't track him that is the time that you have to tell other people like his parents about the money. I did that before with my two classmates and it was effective. You can't really blame other people here who gave you the final answer of NO for lending money since they have experience as well about the consequences. I've already experienced that to my other friend as well and that is the reason right now that I don't keep in touch with her because I lost my trust on that person. I am only lending money to my boyfriend and successfully he is paying it monthly because I listed on it.
• India
4 Sep 10
Dont compare ur friend by means of being they in touch because they my facing so many problems with there life and they may be dont have time to in touch. Friendship is stand on the base of trust.As you can fill ur friends friendship deepness. SO DO what ur heart says not mind Because only heart can feel friendship not mind
@meemingNEW (2226)
• Philippines
4 Sep 10
It depends on how much money he wants to borrow. Other than the fact that you just saw each other after a very long time, it does not assure you that your friend will pay you at all. Time changes people. As well as we should always be careful lending money to someone who we know before but we recently met again as of late. Who knows what or how he/she uses your money? or who knows when or if he'll ever pay.. Come to think of it. I have experienced trying to borrow money from my friends and got rejected. I really needed money that time and I need it more than ever. But I got rejected. I had to make money from my own. It was pretty hard. What I'm trying to point out is that, "If you needed money so bad and got rejected? How will that make you feel?" I know its not safe to just hand out money over to someone but being in the position of needing money is not the best place at all. Just try to think of that. Wish you the best. Have a nice day.
@Graceekwenx (3160)
• Philippines
4 Sep 10
Woah no!!! My contention for this is that, should you ever lend someone money, dont expect them to pay you. And if you lend them money, make sure it is not a big amount.
@mrfdg1972 (3237)
• Philippines
4 Sep 10
If you have lots to spare, maybe you should lend your friend. A couple of bucks wont hurt specially if he/she knows you have lots of it.