Ever been stupid enough to lend someone money....

[Wolf Hawkfield no1 NZ poster]

Only to find out that the person who you lended the money to is a total shithead bastard who was never going to pay you back?
Because I did that and oh boy looking back do I look like a total f***wit for doing that.

Anyway about 5 months ago an old mate of mine who I'm going to call Bob (soon to be ex mate) told me that he badly needed a new car and I agreed to give him around $2500 to help him buy one.
Now Bob paid me back the first $500 no problem but after that he told me that he lost his job and he couldn't pay anymore until he got a new job. A couple months of trying to figure out what bob was doing,3 weeks ago I told mutual friend of ours that Bob had owned me money and he laughed at me saying " don't you know that Bob and his wife are moving to Australia in September". I then asked him how long had he known about them moving and he said for almost about 9 months. Now I was really f***ing pissed off and I called the sneaky little bastard's landline and I got his wife on the phone, I then told his wife that her husband owed me $2000 and to her credit she didn't know and sounded quite upset. Also more credit to her is that a few hours later she called me back and told me that bob confessed everything to her and he was pretty much trying to pull a fastone on me and she would make sure that he payed me every last cent he owed me which is good.

However I really can't help but feel embarrassed over this and I actually feel more upset over being made look like a total twat in front of a lot people than him trying to f*** me over. As both my parents,brother (and not to mention his wife) plus several of my mates have all gave me stern lectures about what a stupid thing it was to do and looking back all of them were right as what the f*** was I thinking lending that greedy bastard so much money.

So there you go FAN don't be an idiot like me and lend someone that amount of money.

Edit: fixed title - Madison

[bootytea]

Hey man, you have every right to trust people and get upset when they betray you like that.

I always avoid giving people any money, but if I ever had to, I would put that in writing.

Giving away that amount of money is something I can't fathom, but good on yah for trying to be a pal.

[Acrtress Flavor Saver]

It's one thing to buy someone lunch or a beer.   But a car is another.

1.) Never lend out money for "big" purchases.
2.) Never lend out an amount equal to or greater than the average person's paycheck.

[G✇JI☈A]

Got some good advise about people that borrow money from you and then don't even attempt to pay it back in anyway.

"Considered it a payment, for you to not help out and support this person ever again. If it's that bad consider a payment to never let this person be apart of your life again."

I know with the amount loaned that won't be much comfort. But let him know he is awful and has lost your trust, and hope one day he does this to someone that won't be as forgiving.

Or you could hire a goon to break his legs... but you did not hear that from me.

[El Pollo Guerrera]

Yes, and it's family as well.

[Father Dougal McGuire]

When dealing with friends, relations, and family, never lend money that you expect to get back.

I don't mean to rub it in. I just hope at least someone reads this and doesn't make the same mistake you, others and myself made at one point.

[The 1Watcher Experience]

Yep. Been down that road a few times. Always thought each time would be different but it never was. Money changes people. Doesn't matter if you're helping them out or trying to be a good friend. You will get burned most of the time. It's just not worth it. Want to lose a friend? Lend them money.

[Capt Lunatic]

I've flat out given money to friends and family, but never ever loaned it.

At least the wife is trying to help.

[YAKMAN is ICHIBAN]

Never. I said, "I ain't givin' you no tree-fitty, you goddamn Loch Ness Monster! Get your own goddamn money!"

[Susan "Poison" Candy]

Question: Ever been stupid enough to lend something money

Answer: Hell yeah and I am still waiting for that bastard raccoon to pay me back.

[jagilki]

Not me, but my Dad is the family "bank". Although over the years he's gotten to the point he usually gets some kind of collateral and has them sign something then get it notarized.

Not family, but so far he's only got burned once. Lent a bar buddy money to buy a car. They made paperwork detailing repayment plans and everything. Guy never paid him. Took guy to court. Got garnished wages. Guy just started working under the table.

[agent817]

I have had my moments when someone asked for money and never paid me back. However, a bigger issue happened many years ago. To keep a long story short (Because believe me, the story is rather LONG), this coworker of mine asked me to borrow $600 to allegedly buy a van off of another coworker. I initially refused but she kept asking. She allegedly said that she asked other people and they all turned her down, and said that I was her final hope (Even though she had a boyfriend at the time). She even tried to lower the amount, to $500, then $400. Of course, at some point I cracked and only gave her $200. This is something that was a valuable life lesson, even though I didn't trust her. I had a feeling that she was not going to pay me back like she said. She even tried to trade the money with a computer and digital camera. I later learned that she went to the Philippines for supposedly a relative's funeral. I think that is what she really needed the money for. She was a slick con artist. At least I learned a lot from it.

Someone else tried to pull this on me a couple of years later, and I think it was to try to test my level of trust. The person didn't get anything, though.

[Evil Homer]

oh yes been down this road . I helped out a family members years ago , on a few different occasions lending money cause the dipshit was going through issues . I moved out of state a few years ago , and in the beginning went through some financial trouble and of course got help from my parents . but they could only do so much, so I reached out to dipshit - who promised to send me $500 . days passed , I didnt get paid. a week passed , I reached out again - got another lie. Another week passed and his phone is now turned off. I ended up having to get a credit card just so I can make rent. Still have not gotten paid yet , its been 3 years

[James Fabiano]

Hell yes. Last fall this woman struck up a friendship with me, and told me she needed help paying to get files back that she needed for work. Involved MoneyGram, and she said I'd be paid back. Which I was....until later on when the payments returned and the accounts they came from were said to be frozen. Screwed up my Discover record and I am STILL trying to get back a card with them.

[Ultimo Gallos]

Back in 2005 loaned a buddy 800. 2 weeks later I haven't seem him and learn he lost his job and spent most of what I gave him on a new tattoo. Finally months later he shows up at my home wanting to borrow more money. Told him no. Found out he owed everyone he knew. Last I heard he had to leave TX. And is in jail.

[Derk!]

My dad has close friends that have helped him with food and whatnot in the past, which I am grateful for. But my dad has this real bad habit of lending money to these people when they make absolutely ZERO effort to pay it back. 9 times out of 10 the money went to booze or drugs which I always got passed at. The final straw was when the daughter texted me and straight up said "Give me money lol".

I'd rather flush my money down the toilet than ever help these parasites out again.

[Deleted]

I am typically the shithead bastard.

[dreidemy]

The fastest way to lose a friend is to lend money

[abjordans]

I actually have owed a friend like $300 for a long time, like 4 years. What happened was, we were flying to NY to go to WM 29. I actually gave him a free ticket to WM, but that never factored into things. Our flight is early, and we get there too late to board. We could have flown out the next day, but for however much we can get on the next flight. So, he says he doesn't want to wait, and that he would pay to get on the next flight and I could get him back. Then, the day of WM, I lose my debit card, so he loaned me some money. It ends up I owe him like $700.

Now, he is a successful attorney and makes lots more money than me. I paid him back the first $400 pretty quick. Then, I hit a financial snag and he said not to worry about paying him for a bit. Then, we actually fell it or contact for like a year. Then, I moved 14 hours away. He comes and visits and we hang out when I am in town, we both know the money is owed, but he rarely brings it up and I do the same. I know I need to pay it back and I think he knows eventually I will. He could be a way bigger dick about it, but that is very little money to him, so I think it doesn't make a difference. I feel like a dick about it, but after bills I don't have a whole lot to live on. I have enough that I definitely could have payed that off ages ago, but I just haven't. Sorry for the long winded rant, felt good to get that off my chest though.

[Deleted]

Family? Yes. My brother and his family had hit a financial snag and a cat had a urinary blockage. I gave him $400 for the surgery and told him to pay me back half. He did. My mom needed new dentures and her job had hit a slow point so I gave her $1500 to pay for new ones, told her not to pay me back. I had a stipend from college so I dipped into it to help them out.

Anybody else? f*** no.