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Re: Lending money?
Originally Posted by kittycat1
(Post 10503987)
Thank you for all the advice guys, appreciate it loads. :)
I have spoken to him and we have found a comfortable ground that helps him and is pretty risk free for me, I don't want to go into the details but it's a solid solution, which guarantees I will get the money back. Just to make it clear I have asked on here as I know other people have been put in a similar situation and I wanted general feedback as to whether people lend this kind of money (to anyone)or not, It's not that I don't trust him, but lending such a large amount of money takes me way out of my comfort zone and I would be nervous loaning such an amount to anyone. |
Re: Lending money?
You have mixed friendship and business Kitty.
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Re: Lending money?
"Hey, buddy can you spare a dime ?"
A dime is okay but ten thou ????????? |
Re: Lending money?
Originally Posted by kittycat1
(Post 10503987)
Thank you for all the advice guys, appreciate it loads. :)
I have spoken to him and we have found a comfortable ground that helps him and is pretty risk free for me, I don't want to go into the details but it's a solid solution, which guarantees I will get the money back. Just to make it clear I have asked on here as I know other people have been put in a similar situation and I wanted general feedback as to whether people lend this kind of money (to anyone)or not, It's not that I don't trust him, but lending such a large amount of money takes me way out of my comfort zone and I would be nervous loaning such an amount to anyone. It seems you are going against the trend. |
Re: Lending money?
When I was living in Bulgaria but working in the Middle East I had lots of requests for financial "help". I soon learned to say "NO !"
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Re: Lending money?
Originally Posted by Eva
(Post 10506019)
I guess the general feedback is NO ,most people generally don't lend that amount of money.
It seems you are going against the trend. |
Re: Lending money?
Britexpat,
no I have listened, basically I have agreed to lend him a lower value. What I hadn't made clear as didn't want to go into so much detail (but now feel my actions need a bit of explaining)is that he does some work on a seasonal basis for me to the agreed loan value so we have agreed that if he hasn't paid me back by a certain date I will keep his fee, so it's kind of guaranteed unless he dropped dead in which case his mother will settle it with me. I have listened to what everyone has said and have discussed my concerns with him quite thoroughly and have taken on board the feedback. I have also made it clear he is never to ask me again. |
Re: Lending money?
Kitty, I truly hope it works out for you.
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Re: Lending money?
me to! If it helps I have threatened to get his kneecaps done if he lets me done- 50 quid a pop.
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Re: Lending money?
£50 a pop? Can i have a £1000 quids worth here? Will pay flights too!!?
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