Ever lent Money to your Friend and never got it back.

@Rintis (646)
India
September 1, 2008 2:11pm CST
It is sad when Friend's borrow money from us and don't give it back. One of my close friend borrowed some money from me months back. It is not a big amount but not a small amount either. She has still not returned my money. I also told her a month back about it and she casually mentioned that she had forgotten. One month has passed but she has happily forgotten about it again. I helped her when she was needy but I doubt if I can ever help her again. Have you ever faced such a problem? What did you do? can you trust such a friend again?
5 people like this
35 responses
• United States
2 Sep 08
Yes, several times. I have let my friends borrow money a lot, and I have never gotten anything back in return.
• United States
7 Sep 08
Yes, and then if you let them borrow money again, they begin to walk all over you. They start abusing your friendship with them.
@Rintis (646)
• India
6 Sep 08
Its hurts specially because if friends don't return back or at least acknowledge who else will.
1 person likes this
• United States
11 Sep 08
Yes. An old friend of mine had just gotten out of prison and, even though I hadn't seen him for many years, I still loved and trusted him very much. Well, he needed some basic survival stuff, like food, clothing, toothpaste, shampoo, etc. which I didn't mind buying for him. (You know, something any friend would do.) Then, he needed money (about $275) to buy boots and tools for work. Well, since he was working at this time, we agreed it would be a loan. Well, here it is two months later, and he has moved and will not turn on his cell phone. (I have a feeling the phone will be shut off soon.) I feel stupid and used, and no, not only will I never trust him again, I very much doubt that I could ever trust anyone ever again. If you detect a little bitterness there, you're right. I was in love with this man for 25 years and to be betrayed by him has cut me more deeply and hurt me more than words can express. I was a very good friend, as a matter of fact, his only friend, when he needed one most, and to be treated this way is inexcusable.
@Rintis (646)
• India
11 Sep 08
I understand how you must feel. When our friends break our trust it hurts like hell.
• United States
2 Sep 08
Oh my God, I had the same situation happened to me. But it was at work. It was lunch time and my friend she told me that she didn't have any lunch and she didn't have any money and well we weren't going to get paid till Friday. So she asked me if she could borrow some money and she promised me that she would pay me back. So I gave her like $10 that was all I had and I really needed to save some money cause my fiance but now husband at the time, we were struggling and I shouldn't have done that. But any way, I like helping people. So she came back with her food and all and she shared with me of course since I bought it and she told me, oh, I spent the whole $10, but I promise I will pay you back. So I took her word for it and let it go. Friday comes around and she stated that she needed to cash the check but she will get it to me. So Monday comes around, she stated she left the money at home.So do you know the very next day and during the whole time that I worked there, I no longer saw her. So she had quit and I never got my $10 back and I could never get a hold of her. But I am not going to complain about not getting $10 back,but at the time, I needed that money seriously. My husband was so mad. After all that happened, I will never lend money to anyone any more unless it is family or my husband.
@Rintis (646)
• India
6 Sep 08
Its so sad. Especially when we are ourselves needy but still go out of the way to help someone and that person just happily walks away with our money.
• Philippines
6 Sep 08
i am not sure if i have tried because something i forget that i lent someone my money. lol. i'm really forgetful. but if you were to ask me what would i do if i was in your place, well, maybe i would remind her constantly just to make sure i get the money back.
@Rintis (646)
• India
6 Sep 08
I remembered her once, but now I find it pretty embarrassing.
6 Sep 08
i have experienced this a lot and this can make me doubt my friends. right now, i don't lend my money just to any friend.. but only to those whom i've already learned to trust.
@Rintis (646)
• India
6 Sep 08
Same here, I only lend money to the ones to return or at least tell me the truth.
• Canada
7 Sep 08
tried this alot of times. funny thing is: im the one whos shy to ask him/her if i could get my money back. same situation with most people i know. you have all the right to do it but you just cant. he's/she's a friend. thats why, i guess.
@Rintis (646)
• India
7 Sep 08
Yes, it is so strange that most of us are reluctant to ask our own money back. Thanks.
• Philippines
2 Sep 08
Yes, this happened several times to me already. I am so foolish. I never learn my lesson when it comes to lending friends money. I don't know, maybe I just care for them that much that when they need something, I would less likely turn them down. But I have been a little more careful lately. Life is not getting any better on my side of the world. Prices of commodities are increasing by the day and lending money to friends wouldn't really be a practical idea for now.
@Rintis (646)
• India
6 Sep 08
Yes money has become dearer as prices of essential stuff have sky rocketed.
• Philippines
2 Sep 08
yes i had lend money with a lot of friends already out of pity on them..some are good enough to give it back as some don't even if i remind them sometimes...its never my nature to remind people but those people i remind are the people who tends to intentionally forget their debt on me and that they borrow a lot of money to different people..it happened to me few months ago and i suffered because of too much kindness on them...i help them borrow money as a loan and stood as a guarantor..part of the money i borrowed went to them and plus the money they loaned..now they run away and i'm paying for the debt as that is what a gurantor stands for...i cannot trust people with money anymore..not again, i'm afraid to get fooled and i had learned my lesson to put myself first before other..
@Rintis (646)
• India
6 Sep 08
So have I learnt my lesson the hard way. Like they say, 'Once bitten, twice Shy'.
@iskayz (5420)
• Philippines
2 Sep 08
Hi there! Yes. It happens a lot to me and its disappointing whenever a friend don't payback what they owe you. I don't tell them or remind them about the money they borrowed. I'm a little shy to demand the money back. I believe they know their responsiblity of paying me back its just that they don't really have the intention of paying so they make excuses that they have forgottn about it. By not demanding to have the money back it also has some advantage for me. My friends are ashamed to borrow money from me again because they still owe me previously. So, their borrowing stops. Ciao!
@Rintis (646)
• India
6 Sep 08
Hello Iskayz, Its very embarrassing to ask our own money back. Good that your friends don't borrow again if they owe you previously. Thanks. Take care.
• Philippines
2 Sep 08
it's so hard to turn down a friend in need.. but it is also sad when your friend who owns you money never returned it.. i two friends who owed me some money, one is at least has the courage to acknowledge that he cannot return the amount at the moment, the other one, acts like he forgot he borrowed.. anyway, i think that's the reason why they say it's hard to involve money between friends..
@Rintis (646)
• India
6 Sep 08
Financial matters are very difficult when friends get involved. It becomes very embarrassing to ask back the money borrowed even if we are in great need ourselves.
• Philippines
2 Sep 08
yes a lot of times i would say that i lend them money but unfortunately i cant collect. Why? Because i am the type of person that would never remind you of the borrowed amount , what i beleive in is you borrow from me return it as we agreed on. I would not remind you that's your obligation for me. If you wont pay me next actually there will be no next time .
@Rintis (646)
• India
6 Sep 08
Yes, it is better not to lend ever again to that person.
@razor123 (979)
• India
2 Sep 08
Hehehe... Hey mate I have faced this problem a couple of times. Many times my friends need money small amounts though and say promise we'll return it back to you. So I have always given them without any hesitation. But then they don't return it back only. If you remind them later they say oh we totally forgot about it and say soon we'll give you but never land up paying it back unless you kind of beg them to. It looks so dumb at times. We are begging for our own money back from them. I have now learnt a lesson from my experiences. Unless I really trust the person I never give them money this way anymore. I say I don't have the money ask someone else.
@Rintis (646)
• India
6 Sep 08
:D yes, its funny that we have to beg for our own money sometimes. Thanks Razor123.
• Singapore
2 Sep 08
Yes , definitely i encounter such people before. When they asked for money, i would always been prepared not to get it back from them. And when they dont keep their promise, i would not ever lend them again. But somehow we would still be friends that dont ask each other for money.
@Rintis (646)
• India
6 Sep 08
That's the best thing to do. Stop lending to those who never return the money.
• Belgium
2 Sep 08
Yes I did once lend around $10 but the guy apologized and gave me a little extra for the inconvenience. Well it was very kind of him but I hope he won't borrow money from banks or such things because he could be in a bad situation ! That's why I personnally never borrow money from anyone... I just accept donations ! lol ^^
@Rintis (646)
• India
6 Sep 08
You are one lucky fella...
@hiddenwing (3719)
• China
2 Sep 08
Some people always do this! What if we borrow their money, it will be eary for them to remember. They do care others' money but theirs. It is a shame!
@Rintis (646)
• India
6 Sep 08
I agree with you totally.
@syankee525 (6261)
• United States
2 Sep 08
yeah, i had a few i did it for. and never got it back. but we had one who was in a bad spot we helped and we knew we would never got it back which was ok, just wish she would have been honest to us or at less kept in touch
@Rintis (646)
• India
6 Sep 08
Oh that's sad. When friends really need money we all like to help. But when that person tells lies for borrowing money it hurts.
• United States
2 Sep 08
Thats my life story. I know they say its bad to borrow and loan with friends but i have a big heart and a hard time saying no. I have not done it more than once with the same person, but I seemed to have lent money of some amount anywhere from 5.00 to 200.00 to each one of my friends at some point in my life...and i would say maybe 2 of them have ever paid me back. The only reason i do it so often though is because they all seem to have such legit stories on why they need the money and well i know how it is to struggle, heck i still do, but thats prob cuz i keep giving my money away..lol. I would hope that if the shoe was on the other foot they would do the same, only i would make sure its paid back.
@Rintis (646)
• India
6 Sep 08
I appreciate your generosity and kindness for your friends and hope they help you too when in need.
• Philippines
2 Sep 08
So far, I haven't experienced that from a friend. But from a relative yes. I think relatives are more prone to this since you have a special bond with them and that forgiving and forgetting is easier to do.
@Rintis (646)
• India
6 Sep 08
Yes, relatives do forget to return money most of the times.
@rainmark (4302)
2 Sep 08
I have a similar experience like yours. A friend of mine borrowed me a money and i lend her a big amount she said she will going to pay me after 3 months when her hubby come home from abroad, then when her hubby arrived, she said she got shortage because of circumstances and until now she never pay me, it will be one year this december, it's ok if that's only small amount but it was big big amount of money, and that's our family savings. well some of people are like that scam!and we learned a lesson now so next time we don't lend our money to somneone specially without a singing of documents.happy myloting, cheers!
@Rintis (646)
• India
6 Sep 08
I understand your situation very well. Sad friends forget their promises.
@Looben (15)
• China
2 Sep 08
I also have ever lend money to or borrow money from my friends. I think it's naturally in our daily life.Other people need help and we help them when we could.While we need help too,some else help us when they think they could.The old saying A friend in need is a friend indeed.But how to get back the money?That's quite a troublesome problem. I have faced such situation too. I think the way to solve it maybe as follow: Considering about his or her situation,if he or she is able to give back your money,just tell him or her to return, you need money now.Your friend didn't return after you have told her that, try to make sure if she is still in trouble (maybe she haven't money to return now.) Or maybe she didn't want to return,that's too bad, and if so I think this type of person could no longer be one of your friend any more.
@Rintis (646)
• India
6 Sep 08
Thanks Looben for the lovely advice.