lending money

Thanks a ton for sharing this discussion. As i have already mentioned in my previous discussions that we should always place our priorities straight that means if we are not willing to lend money to someone no matter if that person is very close to u then u should speak your heart out and clearly state about your unwillingness to pay him. After this i am sure they will feel more responsible to return back the money if they have ever taken on time.

Don't lend money you will regret it. You can only give money if you are 200% sure you can miss it since it's not said that if you lend it you will get it back. So if you lend money and you are in need for it, you have to ask for it over and over again, I am sure you will feel miserable and nobody will give you a cent. Also lending money will ruin any relationship you have! Let your co-workers ask their own family/relatives or better: make a better plan how to manage their income! We all have to deal with it, there is nothing wrong with saving some money (even if it's only a few dollars) each month for cases in need.

a pleasant day to you, well, it is quite difficult to lend money to others especially if you don't know them well. some situation dictates that due to the amount borrowed, miscommunication are arising. however, though there are some exceptional situation, but this thing happen generally.

I never loan money to anyone. I have been stuck so many times before. If a family member needs help that different. But others friends and co- workers never.

When I am still working, I have this "small" business it is lending money to my co- employees. Wherein I lend money for interest bearing, the interest is on a per month basis. But I am not like other lending person that add high interest, because I know how hard is it for a person that lends with a high interest per month. Because I do experience lending with a high interest, so my mission is to lend money with a heart. Of course before I lend my money I do some credit investigation for that person if he/she has good standing in lending money,and should be that person is now regular in work.

Hello, I wouldn't borrow my money if i might be in short of them too. Of course, i would help my friends, but if he is just a co-worker, then No. I wouldn't lend him any money, because i wouldn't be sure if he can give the money back, and in the result, our relationship as co-workers would be destroyed and i wouldn't feel good at work, so as long as he isn't your friend, don't lend him money. Happy mylotting!

I had more money than a lot of my friends when I was younger, as this meant that I was always the person who people would ask to borrow money from. I would lend it to people at the beginning, but then I started to come to the conclusion that I would have to stop because of the fact that people went borrowing it and were then just not bothering to pay it back even though they knew that I needed it. I would only ever lend money to a very close friend now because of the way that people had treated me in the past.

Due to past experiences I am very hesitant about lending money to people. In your situation especially I would not lend money since you cannot afford to lose it should the person not pay you back. In fact in general the only people I'd even consider lending money to would be either close friends or family that I trust. Are you close friends with your co corkers? I find it hard to believe there isn't someone else they can ask. Besides if they don't pay you back it might make things a little awkward down the road. Did they tell you why they needed the money? I'd be more likely to lend money to someone that had to take their sick child to the doctor as opposed to someone that is late on a credit card payment.