Would you loan money...
Would you loan money to someone not being sure if they could ever repay you? Would it depend on how close you are to them, or how much the amount was? How do you feel about loaning money to people?
I will lend to certain people no questions asked. We have that kind of relationship though. I know they will pay me back, I don't even have to worry about it. But that list is pretty short.
If I truly believe that the person will pay me back then yes I would do it. Kind of skeptical on doing it now as my husband and I have been burned by a friend of his and one of his family members more than once so probably wouldn't do it again
It's rare and when I do I just call it a gift because ppl never pay back.
I will only loan money if I have the extra funding to do it. I've done this in the past where I end up forgiving the person's debt because they were facing hardship after hardship, and it seemed more like a blessing to me to be able to bless her with not having to pay back. I will loan coworkers the occasional $5 for lunch or something but that's as far as I'll loan money to non-family & non- close friends. I generally do not like to loan money unless there is a firm understanding & arrangement to pay back in full like next pay check.
if you can avoid it please do. I loan people money and they either don't pay back or they take forever to do. It's not a good thing for me because it makes things weird between us. I do so because I like to believe if I ever needed money I could count on those people but fortunately my mother taught me not to need what I can't afford so I stay away from borrowing.
If it's an amount I can afford to loan out than I would do it for the few people very close to be but only if I expected to get the money back. If it was an amount I couldn't afford without getting it back than I wouldn't do it at all with anymore.
I would as long as it is a person I've known and has a long relationship with. I have just helped people out that I don't know that well...in that case I gave the money rather than loaned. I believe in doing good for others that need it and good will always come back to you.
We loan money to friends and family a lot. I don't mind but if they don't pay back then we don't loan money to that person anymore.
i will never ask for loan. i hate the feeling
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I am a single mom of two fantastic kiddos that I love to pieces. Currently in school working towards my teaching degree. You can find me most days on www.mommathoughts.com when I am not here chit chatting! :)