People Who Borrow Money

Well it shouldn't take almost two months to pay someone back a mere five dollars I'll tell you that much. I really don't like borrowing money but when I do I try my best to pay them back as soon as I can. For me it's a matter of pride & trust. I don't want someone to not trust that I will pay them back. I think that's how everyone should feel when borrowing money.

I don't loan to anyone, as I would be afraid i wuldn't get it back. I have helped my daughter in the past, and she has promised to pay me back, and she has only paid a little at a time, but she says that when she gets her taxes back, she will pay me some more. I won't hold my breath, as she has said it before, and it never happened. If she give me what she owes then fine, and if she doesn't, she knows she bettter not ask me to help her in any way as i will tell her no. It is hard, especially for my own child, as i want to do as much as I can for her, but then, she is married, and working, and she needs to do for herself. I am going to use tough love from now no. Take care, and have a good day.

If it comes to small amounts you pay back within a few days. If it's a bit more people should give a reason and also tell you when to pay back. For example as soon as they earn their income at the end of the month. If it's a "big" loan (buying a car or ...) then it's better to write down when to pay what back. BTW personally I find it a big shame if someone takes so long to pay back $5. I would try to pay it back asap. Might be it's the way I am raised but also I do not like to have debts or take other people in trouble. It also means that I expect others to do the same with me. I have very bad experiences if it comes to borrowing money to others so I will never do that again. It's not my problem if people are not able to manage their money. I have very less to spend and have to live with it with my children. I never ask someone else for money, I pay my bills first, save a bit, what is left over is for food, clothes etc. If I don't have the money I do not buy anything or spend some.

if I lend someone money, specially friends or relatives without interest, I have to take that money as give aways or freebies, so that if they did not pay there could be no regret. If they pay, then good for me... if they don't then.. hehehe Karma... it will bring forth to me twice or thrice... to make it easier for to accept that the money is a lost. but lending money it is just like... it could be or could not be returned. whatever

At the very latest, by next paycheck. So, I would not lend her any money again. If she asks, then offer some food. But I would not give her any money for her to borrow. Usually people will say how long it will take them to give back the money they borrowed. If I borrow $20, I will say, 'I can pay you back by next paycheck' or if I borrow $5, I say, 'I will bring you $5 tomorrow evening' So, I think it is important to get a time commitment at the time of borrowing. So, it doesn't get dragged out. A month and a half is way toooo long for not paying back $5. I would probably let others in your neighborhood know that she does pay back but it takes a long time. I only borrow and lend to people I really trust. Glad you got your $5 back.

Depends on that person's circumstances. A person like me, if I borrow and I know I can't get it back to a person in a reasonable time, I'll like that person know before they give me their money. Common courtesy.

There will always be people who will borrow money from time to time, which is fine as long as they remember to pay it back at the time claimed or at least call to explain that it is not possible yet. I have a neighbour who often has a problem budgeting for bills etcetera so borrows money fairly often. I have no problem with this because he is a good friend and always makes the effort to epay on time, even posting it through the letterbox if I am out. If there is a problem then he either knocks on my door or telephones me to explain the situation, so I am quite happy with that. There was a neighbour who's garden overlooked mine and we were quite friendly, who knocked on my door claiming he had been mugged and had no money for food until the following week, so I lent him £30. I have never seen him since and believe that he has probably moved home.

First of all, one must not borrow money and thta too from neighbours. Borrowal ruins a relationship.

I borrow money from my friends and thus i also give help when they need me.I don't push friends to give it back cuz i know how they feel and what kind of person they are.I'm not sure whether this is a time period for this but i indeed cherish good friends.

$5 is a small amount so she should not have taken so long to return it. I think she had that amount earlier but she just want to extend the days by making excuses and when she is out of excuses then she finally given it. In this way she is creating a problem for herself only as no one will give her money next time. If she had borrowed a large amount then it was understandable to take that much time.

I think the best answer is not lending money at all. It is true that we must help our trustful friends in their difficulties. But never help anyone if you have to always bother about it.

I believe that as soon as they have the money to give back, they should. If they never give the money back, then the lender should be wise enough to not give money the second time. Especially if the lender can see that the borrower is making poor choices that are eating their money.

She paid you back right,maybe she didnt had the money and the sum was not that big its 5 dollars rit.Anyway you got your money back. The period you should wait can depend upon the money you lend,if the sum is huge just slip that money matter in between your casual conversation (only before the other person starts to leave you otherwise it would be awkward)and if the sum is small you dont have to worry rit,also u should consider the person to whom u lend (should be trustworthy ).

My advice is to avoid lending money to others! I lent some money to a friend three years ago and she promised that she would give back the money in a year.Now I really don't want to ask her for the money since she is my good friend. So you can see that people who lend out the money will find it hard to get back it if they don't return the money themselves.

I think when someone agrees to lend any amount of money to another, they should set guidelines and expectations for payback. This would eliminate the waiting period for payment, excuses, lies, etc. I have learned some valuable lessons-- foremost being not to lend money to someone. I had a friend that I helped many times, it took almost a year for repayment, once that was done, I have learned to say no when it comes to anything more than $20..

This is something I should be opining on ...just to indicate a perspective. Who should borrow...if I am better off financially than you, then I should not I repeat, I should not borrow from you. Secondly, when it comes to personal borrowings, it is always better to confirm slyly whether the person has any other plans. Therefore, you could say somebody you know well needs some monies. Based on the response of the person from whom you want to borrow, you can decide whether the person truly can spare that much money or not. Thirdly, if there is an amount which if left in the bank can fetch an interest, equivalent to any one of your regular expenses, like charges for milk, newspaper, internet connection, etc., then DONT PART WITH THAT MUCH MONEY even if it is a loan. If the person takes too small an amount, then there is every possibility of the person trying not to return it. Even if he returns it, he will do so in the presence of others. My thumb rule...borrow from the bank if necessary, dont borrow or lend to friends or relatives.

I only loan money to people i know who have the capacity to return what is borrowed. But when he/she missed the time she/he told me to pay back, i give consideration and time. But when i think he/she has no intention, i confront her/him and tell her outright that he/she can never borrow again, no matter what.

From my experience and point of views, if you feel sorry to somebody and you can afford it, just give the money or you never lend the money at all.

I had also meet this condition.Someone of my friends borrowed me 5 yuan when he meet a emergency condition and didn't take enough money,I loaned him. But he forgot this thing in a few days later.I embrassed to remind him because that It really isnt worth mentioning for 5 yuan.Actually,I can borrow him 5 yuan too. But it is not a good solution.

They should as soon as they have the money. Sometimes when a friend owes you a few box you are very shy to ask them to pay. A few box won't hurt your pocket. But how can you trust someone if you can't trust them with just a few box? trying to get a point..:-)