loan money to a friend

OHHHHH hard one....this is why I never "lend" money...If someone needs something and I can "give it" to them I do. But if I can't afford to lose it I don't give it. I know that may sound bad, but I've been burnt before. The old, "I'm not home when you called" trick....I honestly don't think there is an easy way to ask for the money back. I think you are going to need to be straight forward and just remind them what the arrangement was.

I think the best way to handle this is to be right up front with her, ladybug. I know she's going through a tough time, but she has to realize she still has an obligation to repay what you loaned her.

If you can meet her face to face, simply say, "We realize you're really going through a tough time right now, but I really hope you understand that the money we loaned you was a loan, and will need to be repaid. Can we work out a payment arrangement where you repay part of the loan in one week and the rest a week later?"

Or something like that....maybe it would be helpful if you could offer her a way to repay it that would be a little easier?

Just a thought.

My dad always said that if you approach every dollar that you lend as a gift, you won't be disappointed when they don't repay.

good luck in getting it paid back, hopefully she will show up on your doorstep today with $200 in hand.

It is unfortunate when you find out who your true friends are. Like we had an extra $200.00 just lying around to loan her. I can honestly say that I won't be calling her anytime soon. If she does come and pay us the money I would be surprised but I know in my heart that she won't. It makes me sad :cry:

UPDATE*************we got paid yeah.........now I feel bad about all the nasty things I was thinking in my mind :roll:

Good for you. Don't feel bad, you didn't know if they would pay up or not. We all would have "thought" the same thing:)