Do you knowingly lend money to people that will NOT pay you back?
By newtalent
@newtalent (1112)
United States
March 5, 2010 1:43pm CST
I have a friend that constantly does this which is okay for the most part. Now she is in a small financial jam and not one person has come forward to lend a hand. Or they have an excuse why they cannot spare any money. Meanwhile she understands and will probably continue to do this when her finances are straight again. Its her choice. But do you know people that do this without a promissory note, ever expect not to get paid back, or even receive assistance if they may need it at some point? Kind people get taken advantage of too much and they just don't see it.I would stop doing this unless there are children involved. I cannot not help when a child is involved if I have it. What are your thoughts?
1 person likes this
15 responses
@mr_pearl (5018)
• India
6 Mar 10
Oh... I have the same grievence as your friend... I have lent helping hand and a lot of cash to many and haven't got any of it back, yet. It happened before 2-3 years that I started earning and as I had more than enough, then; I'd help my friends, acquaintance, who were in need... Later the times changed and I got into trouble myself. And in those troubled times, no one came forward to help... I called them, e-mailed them... but to no avail... They gave me all kinds of excuses, all of them. Worse, some of them stopped receiving my calls and responding to my e-mails. I felt terrible, then and I still do... Most of them treated me as if I was asking them to help me, as if I was beggin for it. When the fact was that that I was simply asking for the money that I had helped them with. I had lent them some money, I wanted them to pay back... But none did!!! Trust me, NONE DID PAY BACK ANY MONEY!!!
I struggled for a long time, even spent days without food... Now, I have a good job and earning satisfactorily; but I have stopped helping them if I am not sure it'll be returned... I lend money only when I know for sure that the borrower is going to return it soon..
1 person likes this
@newtalent (1112)
• United States
6 Mar 10
Exactly. It's true you are asking for what was originally yours not asking them to take it out of their own pockets. People amaze me. I think these people have radar and know who will give, who will not, and who will do it over and over, time and time again. Unbelievable. Then I thought okay what is she going to do when these people come back and ask her for money again? I also thought are these people going to ask her for money again or will they realize that they may have burned their bridges by not helping? Nah, I am sure they will ask her again, I have faith, lol. Thanks for your input as I see you can definitely relate.
@phoenix8606 (4942)
•
5 Mar 10
hi! I never lend money to people who will never pay me back, because I really dislike when that happens. I like when I give something to someone to received it again soon or at least some time, because do you know what- i have worked hard for those money or for something else, and I really don't like to give it just like that. well, if it is a small amount I have nothing against it, i will lent it and will forget, but if the amount is not that small, well, then I will expect to get it back hope you will understand me!
@phoenix8606 (4942)
•
6 Mar 10
you're welcome! yes, they must really know that everybody is working hard for those money and sometimes we just don't have enough to lend them
@newtalent (1112)
• United States
6 Mar 10
Yeah I have her reading these remarks to see that I am not the only one that feels this way. I hope it works. I would have to really rethink the whole situation of giving when I know it will be a lost cause. The I would have to say Take this gift from me or something.......... It's true everyone does work hard for their money and they should be able to enjoy it. Thanks for responding.
@jwfarrimond (4473)
•
5 Mar 10
No, I'd absolutely not do this! Like you say, people just take advantage of the generosity that this person has. They are mean spirited people and she should cut them out of her life in future because they are like vampires sucking the life out of her.
@BlueAngelRS (2899)
• Canada
5 Mar 10
I agree not that she can't be friends with them but I wouldn't be so generous as to lend them money anymore if they have no care to help her out....
@newtalent (1112)
• United States
5 Mar 10
Yes, it is one thing to help a person and it is another thing to take advantage of that person and basically act like you do not owe them anything. We suggested that she reassess her friendship with some of these individuals and see if its worth associating with them and well in one ear out the other. She is naive, its frustrating and all we could was gather what she needed to get her by. I cannot live her life for her and I may have to a decision on my own about lending money out as well on a case by case. I basically do not want to lose friendship over this discussion with her. I know she is a kind hearted person and I would not want to change that. That is what she is. I just want her to open her eyes and believe everything she hears. Thanks for replying.
@Biomechanoid (2923)
• Estonia
6 Mar 10
I used to lend money to such people earlier before. Sometimes they just come and tell their sad story to me, so I have no other choice but to help them out. But pretty soon I've learned that it can't continue like that. Now, when somebody comes to me with another sad story, I just return him/her another sad story, telling that I don't have a single penny left in my pockets, so I can't help the person out.
@newtalent (1112)
• United States
7 Mar 10
I guess that would be a good approach. I mean you tell them I can't help you and leave at that. It almost has to be like with people nowadays.A sad story for a sad story. I will give her that advice, maybe she will use it in the future....Thanks.
@cherrc (661)
• Philippines
6 Mar 10
yes, but not so much amount. there are some people who really intend to pay u back but can't do so because his or her means are not sufficient. it would be a pity to put the history of friendship into waste out of money issue. i do it along with other friends only in a small amount so i wouldn't have to be in a burdened situation where i might be also needing it for myself. but this is an exceptional basis. knowing the personality of the person, the lifestyle or the habit of borrowing money from others but will not actually pay for it. a swindler. i've also experienced being a parasite of my friends and they ended up lending me money but they never asked me to pay back. instead, i treat them for lunch or dinner as my way of saying thank u to them.
@newtalent (1112)
• United States
7 Mar 10
You at least showed your gratitude. Which goes a long way in my book. She just happened to get in a jam that was unexpected. Nothing planned or luxury item. By what you have stated , you treated your friends to lunch, that shows gratitude. I mean they did not ask for it back, they are your friends still, and you did return a nice act. Every situation is different. I can understand those that really can't and struggling to make ends meet. But those that go out and buy things that are not necessities or go out and party (which you do need to do once in a while) are the ones I am pretty much referring to. Its a hard call and hopefully a lesson learned that you don't give out give last dime to where you will suffer, too. Thanks for you input.
@pcserver (392)
•
7 Mar 10
Recently I lent money to a friend for the 50th time and I know that he won't return any of it to me, but I just feel sorry for him that he hasn't got money for himself to provide what he wants and sometimes beg his friends for money and the thing is he does not feel responsible for the money after that and spends it as a joke. He is not always cashless and the strange thing is that when he has money he spends them so fast, just indiscriminately and I start to think that he is indifferent beacuse these money he has are from his parents and he does not even care how difficult they earned it, so he buys whatever he sees and even suff that won't need him at all. Last month he bought a watch that was so overpriced and then he realized that he does not want it anymore. The watch was not that good anymore as he had it for 3 days now. So a couple of times I gave him money I i knew that he would not pay me back beacuse he does not care or says that he do not have money right now so I have to wait and I think it is my fault sometimes and I should stop giving him money, but after all he had done me a lot of favours. When I need someone to help me on a school assingment or to come with me somewhere for support and etc. Maybe beacuse of this things I give him money. But I think he is my friend, not my employee to do some job and favours to me so at the end I start to doubt his our friendship but still I am waiting for my money that I gave him!!!
@newtalent (1112)
• United States
7 Mar 10
Yeah that's hard when they do not respect you enough to pay you back. I can see it when he is helping you with stuff even though its not a financial gain may get misconstrued as you helped you with so I am helping you by doing this. I hat e to have to set ground rules but seeing this I may have to rethink any financial help to people that do not have the potential to help back out. But then how do you know who is going to pay except by trial and error. Thanks for input.
@newtalent (1112)
• United States
6 Mar 10
Lol , There is nothing wrong with being direct and to the point. The money is mine and I am not sharing it with nobody , lol. cute baby.
@jambi462 (4576)
• United States
6 Mar 10
It's happened to me before. I try to give everyone that trust until they break it's just unfortunate the money drives people to take advantage of people. It's unfortunate to lose trust with people because sometimes it's from people that you would have never expected it from. Greed can overpower some people easily.
@newtalent (1112)
• United States
6 Mar 10
Greed is an major issue and playing on one's emotion by using the guilt card. Its sad for both parties because one uses to get what they want, the other feels bad and does what they can to help. I just cant believe these individuals have no heart and worse yes, she don't want to see it. I guess you can say she is in denial. Well said.
@angelajoy (1825)
• Philippines
6 Mar 10
No, I don't lend money to people I know who will not pay me back. Forgive me for saying this, but that's plain stupid. I work hard to earn my money, and it wouldn't be fair if people will just take my money. And if the notorious borrower has a kid, I believe there could be other ways for him or her to earn money without getting my hard-earned money. If you would just keep on giving money to that person just because of his or her kid, then chances are that person will just keep on using his or her kid as an excuse to get your money.
@newtalent (1112)
• United States
6 Mar 10
I know there is a lot of people that use their children for an excuse to acquire some things. I also have the compassion for the child because the child has no choice in the matter. The child is the tool and it is sad. Now you are teaching your child how to be manipulative and work people as they get older. In these tough times and even if ti was not so tough people need to be held responsible for their actions. You borrow money, you pay back or at the very least you make payments back to the person. Thanks for your input.
@bluehibiscus (702)
• United States
6 Mar 10
I give money, rides, food, and everything else to my son's father Luis. I have driven over 200 miles to give him a ride when his car broke down once, I know he won't chip in for gas or food but he is my son's father and I did love him a lot at one point and time....this really used to bug Alok.
@newtalent (1112)
• United States
6 Mar 10
I can see your point. Your child I am sure is the most important person in your life and you will do what ever it takes to make him happy. I applaud you for that. It is great to have relationship that you guys can work out together for your sons sake. I think you are the bigger person for doing this. I know it can get aggravating when you are the one financing this stuff but it may be a small price to pay for the big payout-your sons happiness. Thank you for presenting another view that I was not even going in that direction when I posted this.
@ebuscat (5935)
• Philippines
6 Mar 10
For me not because the money you spend is have many hard times in your life before you got many money then you send it for the person who not pay you it's crazy. And I know that Jehovah God not so angry of me of what I'm gonna do.
@newtalent (1112)
• United States
6 Mar 10
People need to be responsible for themselves and they need to consider that the person lent it to them , they did not give it to them as a gift or they would not be asking for it back. thanks.
@eubilisa (211)
• Philippines
6 Mar 10
Yes but there is still hope that he/she will pay back but most of the time if there's someone I lend my money its my brother and though there's no assurance that he will pay in the future still thats okay with me but of course there are times that I told him to pay his debt and that is the sense of responsibility.
@newtalent (1112)
• United States
6 Mar 10
I think family has the idea that we're family and your suppose to help one another ans not expect anything in return. Its like a duty to do so or some type of honor code. This can be annoying too. Sometimes when you remind they get defensive and get you more aggravated then if you did not say anything at all. Thanks for your input.
@AjaySinghBaghel (5506)
• India
6 Mar 10
I do not lend money to someone who will not return. I did that in past but though they will return my money but it happened the other way. Now if I know the person asking for money has no intention to return the money definitely I am not going to give him any money.
yes, there are some scenarios where the person asking for money is in trouble and I know that he/she will not be able to return the money because of problems in life, I will give the money considering that I helped some needy, its a great felling to help some one who need help.
@newtalent (1112)
• United States
7 Mar 10
The feeling of helping another person is great and most are gracious when they get a helping hand. Some take advantage of it. I mean if you know that they cannot pay you back and this sits well with you then go ahead and do it. You know the circumstances going in. There are good Samaritans out there and it sounds like you are one of them. Thanks for responding.
@joebrpt84 (85)
• Malaysia
6 Mar 10
Yeah.. sometimes.. I know that he will not pay it back.. but he said that it is important.. how could i say no.. maybe it was real emergency.. then what would happen.. the problem is that he is my friend.. hate it very much.. but luckily he seldomly do it...man.. try to avoid from friends like this.. they do no good
@newtalent (1112)
• United States
7 Mar 10
I can see a case by case situation. I just don't like to see it not be returned especially when that person helped you out when you needed it. Not everyone will in the position to pay it back , but give a little to show good faith and to be a friend. Ya know this person would not of asked if they did not need it especially knowing that it is a tough time for you too. Thanks
@BlueAngelRS (2899)
• Canada
5 Mar 10
I have borrowed from friends and due to a fixed income have not been able to pay all of it back to them promptly but I try and do my best to show them I'm trying so if I need help I can get it....I think it's sad that your friend has been there for others now that she is in need they can't be bothered I've had two friends of mine that have borrowed money from me and I've helped out with groceries cuz they have kids I have kids too and now that I'm on my own again struggling these very friends have not offered.....Only one out of the bunch offered but now that she is going through her own I feel bad I'm not there for her. As I have a tight financial situation right now too...
@newtalent (1112)
• United States
5 Mar 10
See I can see the one that has nothing to really offer not offer (and they usually are the ones that do offer assistance). But even a little help is better than no help. I mean we are human and tough times are ahead no doubt. I was basically steps away from telling her if you did not freely give your money away then you would not be in this position. I knew better and that would hurt her instead of opening her eyes. That was not going to be my goal.I wonder what worse her actions or s person spending all of their money material things? Thanks for your input. I hope things get better for you, take care..