What will you do if someone borrows money and do not return back?
By ajithlal
@ajithlal (14716)
India
March 14, 2016 10:50pm CST
Sometimes people borrow money from you and might not return money on the day they say they will and sometimes we will be short of money and the other person might say that they will return later because they are also short of money. Sometimes we all count on the money that is borrowed for our own purposes. Have you been on such situations and what did you do on such occasions?
10 people like this
15 responses
@ida123 (6206)
• Cagayan De Oro, Philippines
15 Mar 16
Ha, ha, I can relate you @mammots, someone did it to me also, borrowed some amount and promise to pay but later I asked the payment and replied, promises are meant to be broken and until now, I wasn't able to receive the payment.
2 people like this
@infatuatedbby (94921)
• United States
15 Mar 16
I don't expect borrowed money to be paid back ~ usually it doesn't happen.
2 people like this
@Cintronwriter (564)
• United States
15 Mar 16
@infatuatedbaby, that's exactly the mindset I have.
1 person likes this
@infatuatedbby (94921)
• United States
15 Mar 16
@Cintronwriter yep because if you expect it, it won't come and if it does cool. But normally borrowed money does not come returned
1 person likes this
@Hatley (163781)
• Garden Grove, California
16 Mar 16
way back just before I got married a co worker in the hospital borrowed twenty dollars from me. She promised to pay me back when we got our paychecks.
But co me payday she told me she was broke. I never did get paid so after that I either if could afford it just gifted the person with the money and most of the time I told hem sorry but I do not borrow or lend money as it r uins friendships.
1 person likes this
@SIMPLYD (90722)
• Philippines
15 Mar 16
I have been doing some business before . I have clothes bought in installments and some would pass for their due date . And when they have paid all already , even if it's way past the due date , i don't allow them to buy on credit from me anymore .
1 person likes this
@indjeet (2)
• Bangalore, India
15 Mar 16
Most of the time when people borrow money, they are actually in need, but when d the time comes to return money, some people forget bcoz they think, other person might have forget it or they intentionally faking they forget to return, also for some people dis the easiest way to get money without returning for long time, best is u should track your money and put a check on who have your money and u should get it on time.
1 person likes this
@davidalicea100 (3495)
• Merced, California
15 Mar 16
Im to broke so no one ever ask me to borrow money and vice versa i dont ever ask to borrow money because i no i could never pay it back anything under 100 dollars than its all good.
@delyaj30 (613)
• Quezon City, Philippines
15 Mar 16
some people whom i considered as my friends have done this things to me, they borrowed money and never pay me back. I let it pass and i didnt considered it as my loss, its thier's . And from then on, i never let people borrow money becoz i found out that lending money is not good for me becoz i am always cheated and never paid of
@miniam (9154)
• Bern, Switzerland
16 Mar 16
l have a very bad experience with this, someone very close to me owe me over $5,000.At first he acted as if he did not remember.excuse me, how do you forget a 5,000 loan.
when l got mad and demanded the money, he had some smart answers.
l feel so hurt, used and so stupid, we exchanged ugly words and I said,"just wait, I'm waiting for your weak moment" and l meaan it.
Been waiting for the money 1 year now.
So yes do not borrow out money
@Cintronwriter (564)
• United States
15 Mar 16
If asked to help someone by letting then borrow money, I make sure what I give is what I can part with. I don't expect to be paid back, so when I give it, I give as if giving to a charity. This allows me to part with the money in a good mood and ill will toward the person.
@Lazyblogs (494)
• Chandigarh, India
15 Mar 16
Well i myself dont like asking for my money back...i wait and just think that the person will be courteous enough to pay me back..mostly it works..but i be concious while giving money to that person again
@Talknpen (1820)
• United States
19 Mar 16
Good Day,
This situation can lead to uncomfortable meetings with the borrower that you lent money to. Take the relationship you have with this person in consideration. Do you know them as well as you think? Are they family? Either way, there should be a level of respect that allows the borrower to work out a solution to pay back what is lent to him or her without too many reminders. Set rules on how you expect to be paid after you lend someone money. This will help the borrower to understand there may be consequences if payment is not received in a timely fashion. This lets the borrower know you expect payment. One does not have to end a relationship over nonpayment of a loan, but it does give the lender a reason not to do too many more favors or have too much trust for someone who cannot or won't repay you.
@GopherDanny (814)
• Philippines
15 Mar 16
A great principle I always set myself is that I will not lend money that I cannot part with. If a friend of mine needs money and if I have extra, I let them borrow it and let them decide when they want to pay it. If they don't pay it, i'll just forget it since I know that I am willing to give up the money I lend them. Most of the time, my friends that borrow money pay me, sometimes with interest although I never asked them too. It's a great principle to live by. Kudos~! 
