would you loan a friend money?

You can loan money to friends if you follow the rules. Rule #1 = Be sure that your friendship is strong enough to survive the possibility that you will never see that money again. Rule #2 = Don't loan money to a friend who owes you money already. Tell him sorry man you already owe me $200 bucks Rule #3 = Don't lend money that doesn't belong to you. If you are married your money is family money, and any loan must be agreed upon. Rule #4 = Hurting yourself, doesn't help anyone. If you can't afford to loan the money don't do it. There is nothing worse than a borrower who needs money because he loaned his to someone else. Follow these rules and I think you'll be safe.

Yes I would loan a friend money.. But not housands of dollars :D Or he had so sign a contract :D Have a nice day..

Hi jhl, we will encounter two consequences if lending a great deal of money to our friends. Firstly we will gain the friendship if we lend our money to a friend but we couldn’t guaranty that whether we could get back the loan later on. Secondly we certainly won’t lose even a single cent if we refuse to lend money to a friend, but definitely we will lose our friendship for we have disappointed him. Anyway it doesn’t matter to lend a small amount of money to a friend who needs it badly. In this way I won’t suffer great loss in case he doesn’t return the money. posting and take care.

Not only would I, I have. If I cant trust them they arent my friends. Yes sometimes you will think someone is a friend and lend something and never get it back, that is why they become ex-friends. I know the ones that I have will pay me back so if they need to borrow and I have it, I lend it. Everyone runs into difficulites at some time and I do think what If I even would need to. Friends help out friends, bottom line in my book.

I would definitely loan a friend if he/she needs it. Who else would help them if a friend won’t help a friend in need. Actually I have loan a friend so many times and they always pay me back. If anyone in our cliques of friends needs money and if it’s happens that the friend she asks for has no extra money to be loan; we call other friends to loan one of our friend.

I have loaned some good friends money and I got repaid and then I have loaned some good friends money that I never got back. I think a really good friend should be trustable but I guess the only way we learn if they are or not, is through experience with them. I know since I have been burned a couple times, I would never lend a friend a large sum of money, but a little is okay with me. I don't like the stress it can bring into my friendship with the person, if it is a large amount. I would feel uncomfortable if I had to ask for some of the money if arrangements were made and broken, for repaying the money. Alrighty then, talk to you later my friend, Have a good mylotting day, Chris

for some friend i trust and i look that they can pay me back i do i let them borrow my money, i don't want something happen in next time, some friend call me Stingy but i just cover my self from them.

I've loaned many friends money over the years and most of the money that I've leant out just never got given back to me so I'm pretty much done loaning out money to people. I don't have that much money myself and if you loan money to someone once, they just keep coming back and pretty soon you're pretty drained because you're giving all your money to them. There are only a few people I'd even consider loaning money to anymore because I know they'd actually pay me back. Otherwise, my money is my money.

If you have money why not.... afterall what are friends for....

I used to prefer to give a friend money than to loan it to them. Then situation changes when I need help and there were no friends but strangers who was willing to help me so now I have decided neither to loan nor give. But it is up to the individual what he/she think is the best. There is a saying that says 'circumstances makes me who I am'.

I don't see anything wrong with loaning a friend some money. I would do it and have done it. When I loan a friend money, sometimes it is more like give money. Usually, if one of my friends need money it is because they just hit some bad times so I have no problem giving them some money. Now if one of my friends wanted money to invest in something then that would be a loan. Reagrdless though, it really isn't about the money but rather being a friend.

This is a tricky one because you don't want to see your friend struggling but you'd worry that asking them for it back further on in the future might be a little tricky too. Luckily I have never been put into that situation partly due to the fact most of my friends can just about handle their money but I also tend to stipulate that if I let someone borrow my money they would have to pay some sort of extra interest back. I know this maybe a little harsh but it helps me to stay out of awkward situations when you really are left wondering what to do for the best.

i wouldn't loan all my friends..its just the case of once bitten twice shy...

Before i used to loan friends money and they are used to coming to me for it but after awhile i tend to loose those friends coz we always end up arguing bout that money and me getting confused if shes really my friend or just using me..so now i dont loan them money but instead suggest to them what to do to get help.

I'll loan a friend money as long as they have a job or some sort of income flow. I will only loan money to a friend if it's for an emergency or a necessity. They would do it for me so i do it for them.

A friend is someone whom you care for very much.......when such a person is in urgent need of money and if he has a valid reason then it is your duty to help .....however the purpose is very important.....you should never in any way be responsible for misguiding your friend....

I would loan my friend money provided he or she is my very best and close friend,but everything still needs to be under my capability. But if I am given a choice,I would not prefer to loan friend money,because money can ruin the friendship especially when we need the money back but the friend keeps delaying to give back the money. That's the situation why people always say it's bad idea to loan a friend money. Thus,if the friend only wants to lend small sum of money and it's under our capability,I think there should be no problem to loan him or her money. But if it is large amount of money,and we ourselves are not afford to bear the risk,it's better for us to say "no" to our friend.

Hello mylotting friends!!! I would lend money to one of my best friends. However, if I have one of my friends who needs some money and I know him/her very well, then why not help him/her. Happy mylotting!!!

yes , why not .If this is a friend to trust you'll be doing the greatest thing because you're helping . If you aren't so close to this friend you better don't lend them money because you may not recieve the money back.

true friends never deceive each other,just loan your friend money if he is your true friend,if you don't belive him ,do not