Never lend money to a mate

nibbles · 09-07-2005, 03:52

Where 2 start...i lent ÃƒÆ’Ã¢â‚¬Å¡Ãƒâ€šÃ‚Â£150 2 a m8 3 months ago he was supposed 2 pay me i back in a week or 2 but had a major argument with him an he aint paid me it back, he's ignoring my txt n aint answering the phone, if this was 10 years ago when i was a hell of a lot less controlled i'd av just kicked the crap out of him my g/f & dad says forget about it but why should i! if it was a fiver i wouldn't be bothering he's not leaving me with any options bit difficult getting an impartial opinion @ home what do u think i should do?

**Paul M** · 09-07-2005, 04:44

It's called theft, report it to the police.

nibbles · 09-07-2005, 06:31

Quote:

Originally Posted by Paul M

It's called theft, report it to the police.

trouble is he can just deny it, nowt lower than stealin from a m8

Roy MM · 09-07-2005, 06:33

Going to the police will not work, you need proof that he owes you money, i've lent money out in the past, funny how they always cause an argument over something trivial to avoid you and payment, one of lifes lessons i suppose

Escapee · 09-07-2005, 07:36

Going to the police is a non starter, if someone borrows something its a civil matter. My parents had a similar problem many years ago where a so called friend borrowed an item and wouldnt return it, the police said because there was no written agreement there was nothing they could do.

Personally I never borrow or loan money to friends or family, I remember the old saying " A friend in need is a pest "

Even though I'm fast approaching 40, I would use the kick the crap out of him method....... I once did to someone who tried to steal 20p off me, its nothing to do with the amount its the principle and letting people know I'm not a soft touch.

PWS · 09-07-2005, 07:49

I think you need to go round and thank him

He's done you a huge favour.....he could have shown his true colours over something serious.
Where would he have been if you really needed a friend....sounds like he wouldnt be there for you..

ÃƒÆ’Ã¢â‚¬Å¡Ãƒâ€šÃ‚Â£150....cheap lesson compared to finding out later with something life threatening.....better now with cash than later

My my view......

AndrewJ · 09-07-2005, 08:09

It is only money and its shown to yourself you have good self control, he has lost a friend, gained a bad reputation in your eyes, and no doubt you will inform other people who know him about his true color's. Put it as a lesson well learned, I only lend cash to those I know I can trust, and that is very few people.

Otherwise welcome to the forums

Halcyon · 09-07-2005, 10:56

I guess you have learned a valuable lesson then and know never to lend money again. The problem is there isnt much you can do now.
For money of a substantial amount like this, I would have drawn up a contract to sign which may have helped you out.
I wish you good luck.
If there is nothing else you can do to persuade him to give you the money back, name and shame him and tell everyone how he can not be trusted.

aliferste · 09-07-2005, 11:03

Never lend money to a friend unless you are prepared never to get it back!
I though that was some kind of law or something!

When I lend cash to m8s it son the understanding that at some point in the future when I am in dire need then and only then will I get the "loan" back!

Steve H · 09-07-2005, 11:14

Well I lent ÃƒÆ’Ã¢â‚¬Å¡Ãƒâ€šÃ‚Â£100 odd quid off a mate back in March when we were on holiday. He kind of forced it on me though because he wanted to stay for a few more days

Have the full intention of paying him back come September when I get my OD and Loans sorted, so it's not a biggy.

If I lend money of a mate, I will give it back. If it's a fiver or something though I'l just expect a pint or something

makikomi · 09-07-2005, 11:21

Polonious in "Hamlet" said "Neither a borrower nor a lender be." Sage advice really.

You could, I suppose, threaten him with small claims court action - this would not be expensive - you could represent yourself. But you'd probably need proof that you loaned him the money, or at least someone who could swear that you loaned him the money.

I have to say, the chances of getting the dosh back are slim. But I wouldn't let it rest. ÃƒÆ’Ã¢â‚¬Å¡Ãƒâ€šÃ‚Â£150 is a lot of money, and besides what if he does it to lots of people? He needs to be taught that you don't steal off people who consider you a mate.

Raistlin · 09-07-2005, 11:35

I assume you and your "mate" also have other mates?

Make sure that they all know what he has done, sometimes peer pressure can be a very useful thing.

makikomi · 09-07-2005, 11:52

Quote:

Originally Posted by Raistlin

I assume you and your "mate" also have other mates?

Make sure that they all know what he has done, sometimes peer pressure can be a very useful thing.

Very true! Another piece of good advice.

Jules · 09-07-2005, 13:30

Always sad when this happens. I wouldn't let him get away with it, maybe go round and have a word

dilligaf1701 · 09-07-2005, 13:34

I'd definately do what you can to get it back. It's also the principle of the thing.

And - no - I don't lend money to m8's. I've been stiffed once, never again.