Shoul you lend money to an acquaintance?
By airamtheb
@airamtheb (370)
December 13, 2011 11:18pm CST
A friend of a friend was introduced to me by my friend before. Last Monday, she came to me,asking if I have a certain amount which she is going to borrow and promised to pay me next month. She explained that she is badly in need of five thousand to pay some bills which are already overdue. I didn't give her, not because I don't have that amount in cash but I do not really know her whether she will really pay me or not. I had already an experience before when a friend had borrowed eighteen thousand cash from me and up to now he has not paid me. Every time I call him, he won't respond. I sent emails, still no response. From that time, i no longer lend money.If ever there are friends who want to borrow from me because they are in dire need to buy rice for the family, I just give them between 100-500 pesos and I would no longer expect that the money lent will be paid.At least, I would be spared from disappointment;))
1 person likes this
8 responses
@nijolechu (1842)
• Canada
15 Dec 11
I don't really like to lend out money to my friends because then I would have to remember for them to pay me back. Then I would be a bother just keeping asking them to pay me back. I guess it really depends on the kind of friend you have and whether or not he or she is really reliable and honest and will pay you back. I have had a bad experience with lending money to someone. Then he would later forget and then I would be out that money.
@airamtheb (370)
•
15 Dec 11
It sometime happens to us, when some friends borrow from us, we really help them but when the time comes that we need it too, no one, not even those whom we have given our help would also help us;(
@airamtheb (370)
•
15 Dec 11
Thank you dodo19.Your opinion has ease my guilt for not lending money to an acquaintance which almost made me give in to her request because at that time I have an extra money in my wallet.
@lilaclady (28206)
• Australia
14 Dec 11
it is said lending money to friends or family for that matter is not a good things because a lot of the time the person you lend to resents it when they have to pay back and if it isn't paid back then the lender resent the person they lent to and a lot of the time it is the end of a friendship.
@airamtheb (370)
•
15 Dec 11
You are right Lilaclady because if you are the lender, it is just normal for you to be disappointed at them.The money you have lent to them was heard earned. However, in my case, I still befriend them but i feel they have taken advantaged of that. Anyway, I would just pray and offer them to God.
@incredibleDNA (1742)
• Philippines
14 Dec 11
If she was just an acquaintance, then I think that what you did was okay. You should not lend money with that kind of amount especially if you just knew that person. Shakespeare advised us to "neither a borrower nor a lender be; for loan oft loses both itself and friend".
@airamtheb (370)
•
15 Dec 11
I've tried lending money to a friend during her most trying time yet until now, she didn't bother to repay me even if I have already asked her about it. We work in the same institution but she didn't mind paying me.
@mohkanari (1957)
• India
14 Dec 11
Money lending even to our friend may bring unpleasant situations on the matter of repayment. You can help expecting the troubles you would suffer by the non repayment of the money paid. I will not lend money on a similar occasion.
@airamtheb (370)
•
15 Dec 11
Twas a hard lesson for me mohkanari. However, there are times I feel guilty when somebody would borrow money from me because of dire need and I have spared money in my wallet,that I do give in though it would not be the exact amount that the person needs.
@airamtheb (370)
•
15 Dec 11
Exactly Mashnn! but there are really people who have thick face that they can easily borrow money yet difficult for them to repay it.
@AshwinSajith (602)
• India
14 Dec 11
Well I have very divided opinion on this.. As you said it totally depends on the amount. For instance if it is a very small amount, which I dont mind even if I dont get abck, I dont mind giving it. This situation may arise daily when you soemtimes lend to others. This is something that happens daily and you usually forget as there may be instances when you are borrowing too.
But the main issue arises when the amount is big and you just cannot write it off. I have personally not had any bad experiences as I have got my money back ( I have lent big amounts 2 times) , but I have seem many friendships break and also a lot of uneasy tension in the air when one friend lends to another. So I would say to avoid all this better not lend acquaitances.
@09053050322 (59)
• China
15 Dec 11
Whether I will lend my money to someone depend on their credit.Certainly I wouldn't lend my money to the man that is unhonest and uncredit.
