Lend money to a friend

last SG · 2014-10-05T20:34:12+00:00

5K is still too much for me wah Besides, he's not my close friend that's why I was wondering if there's any way i can just warn him . . .

Silverseraphina SG

Not close friend why you lend money to him?

Aiyah really is talk $ hurt friendship sia.

Maybe you want to meet him and talk face-to-face nicley? And show him the IOU? Liddat u better bring a neutral 3rd party along (preferably a mutual friend) to calm things down if it ever gets agitated (Aiyah Money talk everytime end up fight one so better prepare for it)

Acidcat SG

He won't pay the remaining $5,000 one lah ... Unless you promise to lend him more money . You had an IOU , but he can easily claim he paid you off in full during those instalment payments and turn the situation to your disbenefit .

SnailCat SG

20k and not even close friends? I don't really know how to persuade him to pay. But it's a lesson for you. My way of lending money to someone is lend what you're willing to give. If he pays back means you can probably trust him but if he dosent pay it's ok because you're willing to give and you get to know they type of person he is..so it's a win2 situation. But 20k is too much even 10k is too much to give for an average income.

BishyBashy SG

i once lent 500 dollars to a friend

disappeared for life.

charlize SG

Damn lot of scary people in sgforums.

charlize SG

Who are you?

charlize SG

Iceice1172 SG

i won't lend money to friend

Ronica SG

So is my style. Lending money means giving and perhaps, forgetting. If the person pays back, I know he is trustworthy. If he doesn't, I take it as a donation, I never expect the money to return anyway. Hope it helps as it is never easy to get money back. That's why debt collectors use all kinds of tactics.

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