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Regrets on lending him money


Guest Devil loves Prata

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Guest Devil loves Prata

I lend him money because no one want to lend him. His business suffer and he almost bankrupt. 6months already, but he never return me money. Then, I found out he lend my money to his lover. I get him out to fight and force him return me. But he say no money. I say i go his company and get and he say he call police if i go to company. He too much and betray friendship. I very regret lend him money because he just a bad gay. After i collect back all money, i never want see or talk to him ever again.

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Once paid out, it’s no longer within your power to demand back, especially when it’s out of goodwill/“friendship”. (esp. One without contractual framework) Money is much like trust and love, once given cannot take back. May even be trampled upon (don’t be surprised by the dark depths of the human heart). In place of gratitude is instead heaps of disappointment. 

 

This is a tough lesson, many has gone through and will eventually go through. Learning about what it means to be a human, and reading a fellow human. 
 

Work hard from now onwards and be nicer to yourself instead. 

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3 hours ago, Guest Devil loves Prata said:

I lend him money because no one want to lend him. His business suffer and he almost bankrupt. 6months already, but he never return me money. Then, I found out he lend my money to his lover. I get him out to fight and force him return me. But he say no money. I say i go his company and get and he say he call police if i go to company. He too much and betray friendship. I very regret lend him money because he just a bad gay. After i collect back all money, i never want see or talk to him ever again.

 

Ass him weekly as interest payments until he fooly repays you.

鍾意就好,理佢男定女

 

never argue with the guests. let them bark all they want.

 

结缘不结

不解缘

 

After I have said what I wanna say, I don't care what you say.

 

看穿不说穿

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Guest 宫二先生
4 hours ago, Guest Devil loves Prata said:

I lend him money because no one want to lend him. His business suffer and he almost bankrupt. 6months already, but he never return me money. Then, I found out he lend my money to his lover. I get him out to fight and force him return me. But he say no money. I say i go his company and get and he say he call police if i go to company. He too much and betray friendship. I very regret lend him money because he just a bad gay. After i collect back all money, i never want see or talk to him ever again.

 

让我教你一招“讨钱八卦掌”

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9 hours ago, Guest Devil loves Prata said:

because he just a bad gay.

 

:frustrated:  hmm I can't relate how being gay got anything to do with being a good/bad debtor. This kind of issue you guys should point right out. It is unnecessarily discriminatory.  I was expecting to read a bad "guy". So i'm wondering the intention of this TS.

 

Without further information, I can't discuss much except to say that you should definitely get back the money through proper means.

 

For other readers, I advise that you should lend money at levels you are comfortable with. If for friendship sake and for small amount you can afford, be sincere and treat as a donation. If for strategic reasons and you want the money back, make it legit in case shit like this happens LOL

 

Edited by Meowz

A truly accomplished wallflower.....
Not an expert so if you're gonna rely on my advice, please keep in mind to do it at your own risk. 

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Guest Bad debt

You just need to accept the fact that it is bad debt to be written off . Chances are the money will never be returned back to you .

It is sad thing.

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18 hours ago, BlowsNwhistles said:

Hmmmm after a few bad debts... I make it a point never to loan money to anyone (it doesn't matter nice or not nice) unless it's truly a matter of life or death and in which case it's better to just give. Sometimes loaning helps to provide some motivation.... but more often it just kills the friendship :P


I agree, I have lent money to this guy that I don’t know very well because he needed it to pay for medical bills and he was retrenched coz of this pandemic. I’ve written off the loan when I gave him and don’t expect a payback, but up till now 5 months down the road, he’s still updating me as to when he can start repayment in instalment.

 

Lets see if I do get back full amount, if it does it is a bonus. If not I don’t lose sleep over it.

 

In Essence, just take it as donation. Then you won’t be troubled by it.

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There is a proverb which I was told was Asian - never lend money to a friend for you will lose both your money and your friend.

 

Shakespeare knew this all those centuries ago when he wrote in the play Hamlet - "Neither a borrower nor a lender be, for loan oft loses both itself and friend."

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Wakao this topic discussed so many times already..  And you created a new topic....  

 

In short, he already owe money. How can he possibly return? (Unless he win sweep stakes but chances fucking low) either you donate and don't expect return or lose a friendship /relationship . When human get the "free loan "do you think he will work hard to repay you?? Again high chance no. And he might even ask for more. ITS YOUR MONEY. Your choice not his! 

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  • 2 years later...
On 8/9/2020 at 3:59 AM, InBangkok said:

There is a proverb which I was told was Asian - never lend money to a friend for you will lose both your money and your friend.

 

Shakespeare knew this all those centuries ago when he wrote in the play Hamlet - "Neither a borrower nor a lender be, for loan oft loses both itself and friend."

That is so true. Apply loan from bank directly

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When my this ex friend  won lottery over 100k he never even treat me. When he lost all to casino he wanted to borrow 2k to pay his credit card.I say am busy and dump him. Did I do the right thing .All this while I thought in life u will meet all type of friend but this is too much.He even gossip saying bad things about me which are not true 

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Guest ffffffff

Lots of people have very bad habits of not returning things. No respect for other people's property.

 

In school, lend people things, they promised to take care of it. Most of the time come back damaged or looks like it been heavily used. Or they lend to their friends which I don't know.

 

Last time, classmates always want to borrow my CDs. I always refuse because it will be damaged. They'll say I'm selfish. I say they are too cheap to buy their own and sponge on others. 

 

So I learnt not to lend anyone things. And that includes money. You'll be happier. :) 

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  • 7 months later...
Guest DonsonKwa
On 12/27/2022 at 9:02 AM, Tim Lee said:

90 percent of the ppl whom u loan money to will not return . It is a fact . Sad but so true .

yes 101% agreed.  I had a few such experiences.    

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Dont regret. From now on, dont lend.

 

I know different ppl have different difficulties. But I never want to burden ppl/ family by borrowing money. At my lowest, I have rented cheap rooms with 1 missing window (entire glass gone); did part time job fr 8pm-4am before classes at 8am-4pm and many others.

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If you are lending money to a friend's business, the proper way to do it is through a promissory note.  A promissory note is a legal financial instrument in which one party (the issuer or maker) promises in writing to pay a determinate sum of money to the other (the payee), either at a fixed or determinable future time or on demand of the payee, under specific terms. Usually, the note will be securitized by collateral, so if it is a business, the note will be pledged by an asset, etc. 

 

A promissory note is more like a line of credit, and more straightforward. What is great about it is that it is legally binding and there are templates you can download online to customize to your needs. Keep in mind, what you are doing to help your friend is not a personal loan, but a business loan, which a promissory note will fall under.  

Love. 

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