…will I be a bad friend?
By jeanneyvonne
@jeanneyvonne (5501)
Philippines
March 9, 2013 10:35pm CST
I guess it has been years since I lended money to a friend because he needed it. Now, I think his financial state is already stable because he got a promotion in his job. I am thinking of whether it is the right time to call on his debt and had it repaid It’s not that I am doubting whether he will ever pay but I don’t like unsettled things and it ahs been gnawing at me at sometime. I want these settled but I don’t want to push him when ti comes to money.
I will confess that I am basing my perception on his job and not the whole financial situation of his family. His kin is like a second family to em and I don’t want to be seen as a pushy one. I know that I will have to strike a balance somewhere but I don’t know how to begin.
Any advice?
1 person likes this
23 responses
@bellis716 (4799)
• United States
11 Mar 13
What were the coeditions under which you made the loan? Maybe it is time to gently remind your friend of them.
@bellis716 (4799)
• United States
11 Mar 13
My crooked fingers made another booboo. I meant conditions, not coeditions, or maybe it was spell check, not my fingers. It gives me strange wordings sometimes.
@jeanneyvonne (5501)
• Philippines
11 Mar 13
Actually, it was just a matter of trust, I guess. well, every time we see each other,we make a passing on it but never really broached the subject.
@blackrusty (3519)
• Mexico
10 Mar 13
well it is up to you I would not make a demand for for payment in full even though you gave it to him in full but as nice as you can say you know I loan you money and if you can't pay it all can you make a few payment to clear up the bill
@jeanneyvonne (5501)
• Philippines
11 Mar 13
Well, there is nothing wrong with installments as long as it gets paid full in the long run.
@jeanneyvonne (5501)
• Philippines
11 Mar 13
I guess if I come in hard and demanding, it might ruin our friendship just for money. I don't want to end it like that. but I'm not a saint and patience sometimes loses on me when it comes to money.
@kprofgames (3091)
• United States
12 Mar 13
The sad part of lending money is you have to ask for it back. I've had that happen before and it sickened me that a person would let it ride when they are able to pay back their debt.
You are not a bad friend. I would think the opposite, they are. I don't think there is anything wrong with a reminder. If you have to do several reminders, well then you know never to lend money to this person again.
It's hard not to care for our friends, but when it comes to money that is when you know who your true friends are. I had this happen last year where a person needed a place to live so offered - rent free mind you - them my farm house. All they had to do was pay their own gas, electricity. This person had more than enough monthly income. I found out the electricity was shut off because of lack of payment. They not only stuck me with 4 months of electricity bill but then also told everyone in the community that I shut it off on him. .
Had to track this person down and at my 3rd request for the electrical payment asked him if he wanted it to go through court. He is making payments to me but know he could pay it all off in one shot because I know what he makes in a month.
It's hard lessons like that, that makes us realize that our 'friends' aren't really our friends when it comes to money. It is a sad fact but it's true.
@jeanneyvonne (5501)
• Philippines
13 Apr 13
Thanks for the post. Appreciated the ever word of it. I guess what you say is true- it's a choice but I need to make it sooner or alter and maybe we could still be friends. I just wish it c won't require any amount of force.
@Pegasus72 (1898)
•
10 Apr 13
I would bring it up while talking that you could really use the money he owes you and maybe if he doesn't have it all he could make payments so at least you have some of it.
@jeanneyvonne (5501)
• Philippines
13 Apr 13
I hope we can have an arrangement leek an installment. But I'm, still trying to reach him . And apparent he's in a relationship.
@giex22 (273)
• Cebu, Philippines
10 Mar 13
Indeed you are a good friend because in times that he had a problem you are their to lend a hand but in some other ways if money will be in the center sometimes it will have changes between the two of you because it depends on how your friend will pay it or never at all. Before you help your friend, i hope that he tell you something when he will pay you back at least a contract. Just talk to your friend about the money, he will understand if you really need the money.
@jeanneyvonne (5501)
• Philippines
11 Mar 13
I really hope so and I hope he'll be good enough to begin to repay even a small amount.
@MoonGypsy (4606)
• United States
12 Mar 13
i hate to tell it to you, but if you didn't want to go through this, you should have never have let him borrow the money. anytime i let money be borrowed (once in a million years), i never expect to get it back. that's because i know how people are. i would say just count it as a lose. if he doesn't pay you back, just don't have any dealings with him again. i bet you that will make him remember that he owes you.
@jeanneyvonne (5501)
• Philippines
13 Apr 13
Well, I guess at that time he was really in need and I didn't see a problem back them why I could not help out. I know he didn't expect my help but I'm not exactly a person who in good conscience can let an issue like that pass if I can help one way or another. I guess if the worst happens, I guess I just have to cut my losses then.
@mrswhitfield (2044)
• Indonesia
12 Mar 13
When I lend my my to a friend, I have to make sure before that she/he will pay me back before I need the money, because I hate to run after them for my money. If someone wants/needs my help by lending them some money they have to follow my rule, I don't ask for interest from the money cos it will be mean from myself.
@jeanneyvonne (5501)
• Philippines
13 Apr 13
we did reach an agreement and I just I have to remind of that. For my part, I could say that I could be forgetful at times when it comes to thees.
@doroffee (4222)
• Hungary
10 Mar 13
It's not an evil thing if you ask the money back. When he borrowed it, he should have known that sometime he's gonna (or should, at least :D) pay it back. It doesn't hurt asking. You could tell that you need that money asap. You just ask for what is truthfully yours... and also, it depends on how long he hasn't paid... I mean, if it's over half a year, it's definitely your right to ask it back... earlier isn't rude, either... especially as he has a new job.
@Raine38 (12391)
• United States
10 Mar 13
If I badly need my money back, then I will ask him if this is a good time for him to give it back to me. But if I can still spare him a little bit more time, then I will give him some time until he gets everything on track. Did he make a promise as to when he will pay it back? I usually ask a friend when they will pay it so I know when to expect it. Those who have the initiative to be true to their word can still borrow from me. But those who just forget about it cannot expect me to lend them any money again.
@jeanneyvonne (5501)
• Philippines
11 Mar 13
He did and his mom did, which for me is kinda a reassurance. But I guess I would really more happy if it really push through. After I let him borrow from me, I think he never ask for any additional amount. I guess he does have some sensitivity when it comes to that. Most people I know aren't.
@liuhanliang666 (65)
• China
10 Mar 13
if he was your very close friend, i think you can talk with him about your vexation,i hope that he can understand your situation and mind,i think some misunderstandings is exist in friends,then we need one heart-to-heart talk.
@jeanneyvonne (5501)
• Philippines
11 Mar 13
Maybe not so heart to heart, I meant on the romantic interest side.
@jamieclavero (187)
• Philippines
10 Mar 13
if you are really financially in need, then i guess there is nothing wrong with politely asking your friend if he could pay back what he owes with you. but if you are not really financially unstable, then just let him pay it back when he is ready.
@jeanneyvonne (5501)
• Philippines
11 Mar 13
I think he already is. I just need to have a good timing.
@gkutti (111)
•
10 Mar 13
there are ways of getting back the money and still not spoiling the friendship. see to it that you and your friend have spent some quite time together and ask him about his financial situation that way you show that you care about his pocket before you ask something out of it. then slowly bring up the topic as casually as possible tell him you want it back but he can give it to you in any instalments he likes and do not leave until you make sure he understands your context completely. I would suggest you to take the money back because it might build up repulsive feelings inside you even without your knowledge and might wreck your relation. You must be able to speak anything thing with a friend and he will understand. do not worry, just go for it.
@jeanneyvonne (5501)
• Philippines
11 Mar 13
Haven't thought about repulsive feelings but I do feel impatient.I guess by now, he's already risen from his problems and ready to tackle that topic. I just hope I make the right moves.
@cherigucchi (14876)
• Philippines
10 Mar 13
It depends on how close you are as a friend. If you think its okay if you just ask him politely about it or just remind him of what he owes you. You would never know until you try. If he makes excuses, you better think it, my friend whether to bug him over and over about it.
@jeanneyvonne (5501)
• Philippines
11 Mar 13
I hope I won't nag him into frustration. I'm pretty much a good nagger and quite impatient at times.
@chiyosan (30183)
• Philippines
10 Mar 13
Nothing bad when you have to get the money that he owed you, but as you have said so yourself you have seen that he had somehow gotten over his financial issues. =) I'd say you can contact him and ask how things are going first before you do go to him and directly ask for the money you lend him.
@jeanneyvonne (5501)
• Philippines
11 Mar 13
Might be able to see him hopefully this week. And hope it will turn out for the good.
@dandan07 (1906)
• China
10 Mar 13
It is easy to lend money to help your friends, but it is not easy to get the money back.
The financial situation is hard to judge, some people have to ask friends give them some money when they are hard, even when their situation become much better, they still do not have enough ability to pay the money back, while someone forget to pay the money back.
And in most cases, money may become the very reason for the brokendown of the friendship.
@jeanneyvonne (5501)
• Philippines
11 Mar 13
I totally agree with your first statement. I just hope it won't lead ot the scenario you mentioned.
@natliegleb (5175)
• India
10 Mar 13
no not at all ,if you have the conscience and the good attitude you will surely strike a chord and move higher
@joanamarienieva (160)
• Philippines
10 Mar 13
If he will pay you, you don't need to push him. But if he don't want to pay, no matter what you say or do, he will not pay you.
@jeanneyvonne (5501)
• Philippines
11 Mar 13
The question is f he has the capacity to pay now and if he intends to. Of course, the scenarios you mentioned might happen, but I would like to get the ideal situation as much as possible.
@vidhyaprakash_2 (7116)
• India
10 Mar 13
Hi friend, There is nothing wrong in asking our own money, as you give it to him in his necessary, it is his duty to repay your money in time. I think he completely forget about the debt, so only he don't repaid it.You are not a bad friend for asking your money from him, but it is really hard to ask the debt from our friend, what to do? you must ask it from him. Don't hesitate to ask your own money
@jeanneyvonne (5501)
• Philippines
11 Mar 13
I'll try to put in the nicest words as possible.I guess I really shoudl start collecting or he may considering as a gift and not a debt.
@missjahn (4574)
• Philippines
10 Mar 13
by all means, it is your right to claim a debt lend by someone from you. you can say it in a nicer way if you are looking or considering your relationship with them. what is bad nowadays is that, you the lender is the one who became awkward in terms of payment and that those debtor is not ashamed to face the lender that is why it seems they do not owe any money from anyone. or worst, they pretend that they do now borrowed any amount. so it is your right to get the money back.
@jeanneyvonne (5501)
• Philippines
11 Mar 13
I guess the reaosn why I am hesitant to ask is that I don't want any inconvenience in his part. He's still my friend and I don't want to damage that over a issue that can lead to many things we can't control. but yes, I guess I do have some right when I did lend him money in good faith.