They borrowed money from me today

I wouldn't lend money to anyone without having them sign a promissory note and leaving me something for collateral. I would be very suspicious of someone who looked me up and immediately asked to borrow a large sum of money. Number one, I don't have that large a sum that I could lend and if I did have it to lend, I would be very very cautious. You might contact some of your other class mates and find out if he has hit them up for money, as well. He may just be making the rounds, so to speak. I would ask what the money was for and if it is for a car, then issue a lien against the car, if you lend the money. My answer is NO, don't lend the money. He should go to the bank and borrow it legitimately from the lending officer.

I not like to lend the money or gives the loan to the friend because not true friend is not exist in the world. After giving when you wants to brings back then he can refuse you or may be anger on you. You can say him today please this month earning is low so I am unable to give the loan. I not like to give or take the money from anyone means borrow the money.

Hi echo, I do not even remember who were with me in primary school. I dont think that anyone you should lend money who you are not in touch with. We have a saying that udhar prem ki kainchi hai meaning lending would always end in fight. This means that even best of friends can become enemies if you lend them money. Now this guy you haven't even talked for years and not even in any kind of touch. I do not think you should lend him even one cent leave aside your two month of salary.

If you think him as your close friend then you should have contacted him as much as possible.In our life time we can not keep in touch with everyone all the time but it doesn't mean we don't like to meet them it means we don't have time.But in this case you can first understand his situation and then think about it.If you are not able to give full money atleast help some money from your end and guide him to solve his problem.I think friends are the best source to help when compared to relatives or other relation,Please think about it and help as much as possible.

Hi Echo! Two months salary is too much money to borrow. Do you think you will be able to sustain your needs and pay your own bills if you lend him that much? You can perhaps think it over and lend him only some amount but not that much. I have experienced something like this and since I could only afford to lend a little amount, she agreed to receive it but I did not expect to get paid for it. Until now she has not showed up but it's okay, since the amount is just small.

Hi Echo,of course not. He is just your classmate who hasn't keep close contact with you.You don't know him too much. The amount he asked for is quite big and you are too rich,right?You still make a living now and the money is earned not easily by you. How come he can borrow the money from you at such a big amount?Did he classify the reason well.I guess he may call all his friends and his classmates to ask for help,you are just one of them,so if you are unwilling to lend him,say it directly you don't have too much money,sorry cannot give him a favor. Don't feel guilty for it,coz if you lend him this time,he may not pay you back or later would keep borrowing.

Do not lend money even the people close to you. You can lend money from your fellow co workers as long as they pay you. You can lend money from a trusted friend.

I don't think it will be a good idea to lend money to a long lost classmate. You haven't seen each other for a long time and all of a sudden he'll borrow money from you. And as you have said, it's worth two months of your salary. Think about it, he is not even your close friends. No, you should not.

little contact as you know. but when you need the money's nice to help him so I thought. but you do not think a small amount as you say, so you need to make sure that I will give them back. because I already gave my money and have not yet returned them to me and I have this lady friend and she even hides from me. consider and decide.

no dear you should not lend the money as you told it's your two months salary...its not a wise decision because it's worthless to help anyone by making yourself tight and one thing more as that friend is not in contact with you from a long time it's not adviceable to risk your money. my suggestion would be 'no'

Two months worth of salary???? HELL NO!!!!! He seems not to be even a good/close friend. Girl, if you want to get yourself in trouble you can do it. Otherwise a big NO!

Better to think on the emergency of money, if for medication or something emergency means you can lend the money, note that in his difficult times he remembered you, it seems he believes that you may help him. So offer an helping hand this would be well appreciated....

NO! And I will repeat myself: NO! And, again: NO! NO! NO! NO! Do NOT lend him money!!! Do NOT lend him money!!! He only contacts you when he needs money. Ummm.... Just because he was a class-mate of yours doesn't make him an honest person. He only went to school with you, that is all. You don't owe him anything - especially lending him money. Tell him that you are sorry that he is in such a poor state, then provide for him a list of places where he could go for help. That way, it is not such a flat out NO and he won't be making you feel guilty by saying NO. He may plead with you or try to make you feel guilty etc. Trust me, he has borrowed money from others before and so, he is very conning. So, have a 'come-back' such as offering him a few groceries and then, give him a list of food banks and homeless shelters that he can use. Or a list of financial counseling places he could attend, as it is obvious to you that he needs financial counseling. Tell him that you are willing to help him by providing a list of places where he can seek professional help. If you wish, give him a few groceries but not money. Then wish him all the best!

Two things that you need to consider. Sometimes people who really in need try to reached out those they think that they caan help them. If he really need money, if its for an emergency purposes like he's love ones is in the hospital why not? but don't lend money more than you have onhand.

Hi echo! Personally, I am not amenable of lending money especially that big amount to somebody whom you have not met for long or even to anybody. This is always the cause of problems among pals. It's okay if he gets angry with you now rather than you get angry when he cannot pay you anymore. Have a nice day!