Ok, so co-worker/friend calls me, asking me to let him borrow $500 and supposedly he would give me the money back next week, I seriously do not know what to tell him....I feel so bad because his my friend, but I really dont trust him with that kind of money, he already owes me money....So I dont know what to tell him ![]()
izzy_giggles wrote:
Ok, so co-worker/friend calls me, asking me to let him borrow $500 and supposedly he would give me the money back next week, I seriously do not know what to tell him....I feel so bad because his my friend, but I really dont trust him with that kind of money, he already owes me money....So I dont know what to tell him
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Tell him this
"No"
Don't lend money to friends or co-workers ![]()
lend money to friends...... end of friendship
I feel so horrible, his going to come in at 3:30 and I know his going to be bugging me about the money, I guess I'll just have to ignore him
izzy_giggles wrote:
Ok, so co-worker/friend calls me, asking me to let him borrow $500 and supposedly he would give me the money back next week, I seriously do not know what to tell him....I feel so bad because his my friend, but I really dont trust him with that kind of money, he already owes me money....So I dont know what to tell him
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Never do business with frineds. If you are going to lend him money put the terms in writing so you can sue him in small claims court if he stiffs you. Caution, even a win in small claims court will not guarantee you will get your money, but at least you'll have something in writing and you'll be able to receive a judgement.
By the way, your instinct is almost never wrong. Trust your feelings!
I make it a policy never to lend money to friends or family - bad policy - it never works! On the other hand, there are always users and the used....it is a cycle of life and the trick is figuring it out before it happens. If you don't, then making a "note to self" - do not do that again! It is tough though in a world where folks are all about themselves, you try and reach out, you try and be kind....sometimes it just backfires because I think some folks just like the game of seeing how much they can get away with!
izzy_giggles wrote:
I feel so horrible, his going to come in at 3:30 and I know his going to be bugging me about the money, I guess I'll just have to ignore him
If he bugs you tell him to leave you alone. If he won't stop, tell your boss. Harassment is no joke.
Wow. He already owes you money and he's asking for more. How red is that flag??
Just be honest. Tell him you have no reason to trust him because he still owes *YOU* money.
Hope he doesn't harass you.
If you're going to loan money just give it to him don't expect it back. If you can't afford to give it to him then the answer is no. Look you work hard for your money and it's not easy to come by if he was a real friend he wouldn't ask, I'm afraid he may think your easy.
I just want to know how he is going to pay you back $500 dollars next week. Is he going to use the money to buy/sell/front drugs and give you back your portion of the return?
Maybe the drug dealing scenario is extreme...
I would ask him what he needs it for and act concerned and tell him you want to help but you don't have that kind of money "just lying around".
Then ask him for your money ![]()
don't do it...
you'll never see the money or that person again...as a friend at least ![]()
Stacie L wrote:
don't do it...
you'll never see the money or that person again...as a friend at least
Hear!Hear!
Can I borrow 50 ![]()
izzy_giggles wrote:
Ok, so co-worker/friend calls me, asking me to let him borrow $500 and supposedly he would give me the money back next week, I seriously do not know what to tell him....I feel so bad because his my friend, but I really dont trust him with that kind of money, he already owes me money....So I dont know what to tell him
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NO!
you tell him no! surely he cant need it for that important of a reason? you cant let your 'friend' treat you like that! $500 is a lot and you cannot be expected to hand it over just like that. ask him what he needs that kind of money for so suddenly anyway,
but something else you need to ask yourself is,
is he really THAT good your friend? how can you be good friends with someone you dont trust? and if your not that close friends, then there is no way he can expect you just to hand over money like that. if i were you i tell him you simply just cant hand over that.
good luck!
Izzy, now is a good time to learn the power of no. If you can't say no, just tell him that you don't have it because you bought something that was so expensive. Yeah, that's it.. lie. It's more convenient.
Best to say NO. I had this happen to me and the person didn't pay me back for 3 years, then, out of the blue, contacted me with a huge sob story bla blah blah. I didn't beieve a word of it. I got the money back, but didn't get the interest I was promised.
Yeah it has happened to me several times!
izzy_giggles wrote:
Ok, so co-worker/friend calls me, asking me to let him borrow $500 and supposedly he would give me the money back next week, I seriously do not know what to tell him....I feel so bad because his my friend, but I really dont trust him with that kind of money, he already owes me money....So I dont know what to tell him
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If you know you are going to cave, because you just cant say no, get some collateral. Or, if he really needs the money, and you have it, just give it to him and be done.

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