Do you think its a good idea to lend out money?

I don't loan money to family and friends, I give it. Even if they say it's a loan I consider it a gift. That way if they have trouble paying it back or don't pay at all, our relationship doesn't suffer. I had to borrow from a friend once and paid her back within a few days, she was astonished. That's the only time I've ever borrowed from a friend in all my 55 years and I hope I never have to do so again.

If you know that the request is genuine and you can afford to, definitely yes. After all that's what friends are for. Sometimes, even if your does not ask and you know that he or she is in need and if you are in a position to help, we could ask and help. But sometimes, helping to buy food or clothing may not solve if the friend is going to need help again once that is over. The best thing to do in a situation like that would be to find out whether you could find a better job or ways of making some extra money.

nope, lending money as much as possible should be avoided it depletes one saving and resources and too bad when the lender escape her obligation and your money is at stake of not being paid which is very dangerous unless you really know the person lending. I usually allow my money to be lend in terms of emergency cases and so on.

Only if they had a good rep about paying back loans and you have money you don't need.

Yes... It will be helpful for some one. Instead of keeping it useless lend it for some one.......

I ll definitely help him by lending him the money if i ve lol.. had i known him for lotta years how ll i be without trusting him? i ll lend the money hope that he 'd return it back to me surely..

I don't think it is a good idea to lend that amount of money to a friend and especially one with a low income. I think they may want to pay you back but in reality it would be impossible. I would not want to ruin a friendship over money. I never lend a friend more than I can afford to do without if they are unable to pay me back. Since I'm pretty poor, then that means that I don't lend much money out at all.

If friends or family need the money to purchase food for their family I would be there in a heartbeat to help them out especially if I had the extra money to be able to help out. If friends or family need money I do not consider it a loan I give them the money and when and if they can pay it back they can and if they are still not able to then I don't rush them to get it. I don't charge them interest either as a loan would do but I will always help friends and or family out.

hi friend, I trust my friends. In my opinion is to give money is good to me. I will give money to my friends when they ask me. I will always help to my friends when required money and they will return my money to me.I will also ask my friends when i want money. have a good day.

If I had the money.. than most probably yes. I mean... we are friends after all so why shouldn't I do it? Right?

As a matter of policy, I lend only if the amount can truly be spared. And I can do without that money being returned at all. If the amount that I am about give or lend is not what I can spare, then I might say sorry. It happens, at times friends dont have monies. I expect my friends to understand that. If not, then may be that person is not mature enough to be my friend.

I have lend my brother some money about 3 years ago and he hasent paid me back, so no I have learnt not to lend anybody money, does not matter if it is a old friend or famlie, but for my parents I would lend money acctulay I would give it to them, they would not even have to pay me back.

It depends on the situation, if it is really needed by the person and if you know that that person can pay you afterwards. And ofcourse if you have the money.

Hi Java.. Ya its good to help your friends ,,, buddy Friends are there to help.... or to get help from them.. anytime.. I always help my friends.. never think,,,, whether they return me or not,,,,, and i always trust my friends......

Yes, this worry is available. There is a saying: If you don't lend money to your friends, then you will lose them. If you lend money to your friends, you will lose your friends and money. So you can see lending money to friends is always an embarrassing decision. If it is not a big amount, then it is OK. If the money is a lot, then I am afraid to lend it because I have my family and I also need the money for them. It may sound to be selfish, but it is the practical issue. I love China

This all depends on who you are lending money to. I think that there really has to be a strong trust element when it comes to lending money. It's a never a good thing to do between friends as this can cause problems in the future. If you have known a friend for years then I suppose it's worth the risk because there may well be a lot of trust in that friendship that has built up over the years. Still, it's wise to be cautious if you are going to help someone out by giving them money. You don't want to suddenly be labeled as an easy target! There are people out there that would definitely take advantage of this situation. Andrew

I would say yes if 1) I can afford to not get back the sum of money because money loan = money loss and I can never be sure if the person can return me in time 2) if the person is in dire needs of the money for emergency situation such as not enough cash for a taxi fare or a loan payment for his housing/bills etc because of low income, cash strap situation. But if it's a friend of many years whom I trust, I will lend him/her because of trust.

No,it must be not a good idea.one year ago,I lend a friend 2000 Yuan,and till now he hadn't return it to me.Even when my mother was ill,I need this money to pay for the hosbital bills,I asked him to return it,then he disappeared.My experience makes me lend nobody any money anymore.

My wise brother taught me, never loan out money you can't afford to lose. Once loaned consider it a gift and if it's returned it's a bonus!! No need to lose a friendship or family member over a loan.

I think the most important and most invaluable things in one's life is to trust. some times inevitably we will get ourselves in trouble, we also need other people's help. therefore i think it is fair that i help someone today and there will be someone help me when i am in trouble