Loaning Money to Friends.....

January 26, 2009 5:19am CST
About 8 months ago a loaned a good friend £200, he needed it to pay off a debt collector. Since then he has got himself into a regular job and is earning money. I have seen him in the pub drinking and has bought himself a new ipod. Since the day I loaned him the money he has NEVER mentioned it at all. Have i left it to late to ask for it back? Might he have really forgotten i loaned him the money? How do I approach the situation? Its not that i am in great need for the £200 but it would be very usefull at the minuet. I dont wanna cause a scene or an argument with a good friend (not my best friend but a really good friend)
4 responses
@nympha687 (940)
• United States
26 Jan 09
You could tell him you need money. Then perhaps he 'd remember that he owed you money and he might pay. If he completely ignored it and didn't say a word, perhaps he has forgotten and really don't want to remember. Then decide to which level you would like to take your friendship with him.
26 Jan 09
hand giving out money - dollar bills in a hand being given out
Yes i think i just drop it into conversation that i could use the money he borrowed. Ill post what happens as i will see him later today
• United States
26 Jan 09
Good luck!
27 Jan 09
Ok, well he aint forgotten. But - OMG im too soft - he cant give it to me yet as he is going on holiday at the end of the month. I just said no problem, I know, I know i am too soft. But im gonna be all over him like a rash for the money when he gets back.
@oyenkai (4394)
• Philippines
27 Jan 09
Ask him when no one else is watching so that he will be able to answer you directly and without feeling embarrassed to do so. You have the right to be paid of whatever he owes you and it's pretty bad that he hasn't done so by himself. You can also explain your situation, your need, in order to make it easier for him to give it back - he used it when he needed it, and now you need it back, right? If things don't go as you hope in that personal and friendly confrontation then you can ask a mutual friend to intercede for you - it's the next proper step to take :) Thanks for the response on my discussion!
• India
26 Jan 09
Even i have faces problems like this. You can just go and then remind him/her about the money. Just mention it in a casual way. Even if its not a big amount, it may certainly be useful.
• Philippines
26 Jan 09
You know my friend actually ur friend didnt forget that he owes u money, its just that he jut ignored it because he thinks ur friend but it sad to know that he is not a good payer even though u are friend but he needs to pay that and I think You let him know the money they he borrowed from you..If he gets mad he is not a genuine friend.