KiasuParents.com

[auntieM]

Excuses....family need to change car, send $ to China to build house, relative want to borrow for medical/school fees...

There are many other places one can secure a loan decently, without having to go to the loansharks. Even if you lend her the $, your friendship will be affected.

Juz me 2 cents

[MMM]

[winth]

[KSP]

The best excuse is to use your family ACE card.

Just say your DH will nag at you if you lend ppl $ bcos he has bad experience on that. You can also say this to your friend, "I'm sure you also won't want to see quarrel between me and my DH, right? If the amt is big, you can say the $ is under joint a/c and need DH signature.. blah.. blah... blah.

After hearing so much excuses, I think your friend will roughly know what you are trying to tell her.

[winth]

This guy I know doesn't have a job at that point in time and couldn't stay long for each job.
Single and lives off his parents.

He wants to go for lasik and wants to borrow a few thousands.
Told him about the side effects and that he should try to save up that couple of thousands instead of borrowing, plus I feel it's not a reason I should empathise with.

He told me, 'Dun tell me all these reasons, you have the money?'
Replied, 'No', straight in his face. No reason required.

He still went ahead with the lasik with people's money though his relatives were telling to postpone cos he didn't even have savings or a job to start with, but he just said that he has made up his mind.

Sometimes, these people need wake-up calls.

[tree nymph]

Hi!
I lend money to my friend before. I've not heard from her for a long time and out of the blue she called. She told me that she needed the money to repay her father's gambling debt that the loansharks are swimming. She asked for $10k. As she is really an old friend and was a very good friend, I lent her $2k. But we agreed on date she has to pay me back. I told her I borrowed some money from my relatives to help her cos I've got a lot of committments and I don't have that much savings. She paid me back, but lesser - and exceeded the agreed date.

Then I found out that its actually her gambling debt that she is trying to pay off. Very sad case, she is addicted to mahjong! to this day, she still owe me $500, and I think she still have not kicked the addiction.

Find out the reason why your friend needs a loan. If you think this friend is reliable and that she geniunely needs your help, maybe you work out a plan for her to pay you back. But be prepared to not get the money back.

[KSP]

2 things can happen after you lend your friend $

1. He disappear or try to avoid you. End of friendship
2. Tell you he does not have $ to repay and the friendship turn sour from there.

This is too common in real life.

[25hourmaid]

My 2 cents worth from a personal experience. Lend only when you are prepared to loose the friendship. Not worth it in my opinion. I lost a friend because I 'fell' for her sob story. Like someone mentioned, promised to pay by a certain date, but dateline came and gone, no sign of money, chase and chase and in the end, managed to get back in bits and pieces over months, some portions were in coins! Result, friendship ended on last meeting.

[KSP]

Comparing between

1. Lose $ and then later on lose friend

and

2. Lose friend

.......... I will choose no. 2, lose 1 thing rather than 2.

[auntieM]