Asking for Money

[Northworth]

neither a borrower nor a lender be


of course - my bank didnt care when i said that

 

[Upgrayedd]

I believe Busta Rhymes wrote a a song about this type of situation and how to get to the issue

 

[Catsmaninamerica]

Shutup.

i need $100 to buy a dog lead. There's a crasy old bag who is constantly calling the cops when I walk my pup off the lead in our street. Can you loan me some Mantis? Please??

 

[dymot]

China style.

 

[FootyJunkie]

$100 is my limit to lending someone cash... you need more? go to a bank

having said that, when i did loan, i always got it back

 

[FootyJunkie]

A roundhouse snap kick to the jaw is normally a good start.

Sweet Chin Music style

 

[Jetwa5h]

If someone owed you $150 say......

They hadnt paid you back in a month and they work in the same building as you.

What do you think would be the best way to ask for the money ?

Take something of theirs worth $150 worked for me

 

[The Passenger]

Lent a mate around 1500

I knew it would be a few weeks at least and I didnt fret it so didn't say a thing after a few months

I eventually brought it up but nothing eventuated so I started mentioning once a week more giving him shit than anything else

Took about 6 months but the worst part was I got labelled as a hassler and was the butt of jokes about never letting it go n shit, never a thanks for lending a decent chunk of change, now if someone brings up cash lending it's always "don't lend off juddsablue he'll be on your door step the next day looking for it!"

Never said a word for 2 months but still have to hear that shit but nobody has asked for cash off me since which suits me fine

this is why i got hesitant to lend money any more, unless it's just a sly 50 or 100, in which case you can just generally write it off.

when it happens within a bunch of mates, how often does the lender become the bad guy? especially 1500, is not an insignificant amount of money for most people. shits me no end.

 

[Caesar]

"Remember that $150 I lent you? Pay it back to me by next Friday, thanks mate."

If he's working in a half decent job, this request is perfectly reasonable.

That's a bit aggressive.

I'd just ask him when he thinks he will be able to pay it back. Most people will give you an honest response. If not, then you can set a deadline. Although I'd give them more than a week, just for politeness sake.

 

[jo172]

Lent a mate around 1500

I knew it would be a few weeks at least and I didnt fret it so didn't say a thing after a few months

I eventually brought it up but nothing eventuated so I started mentioning once a week more giving him shit than anything else

Took about 6 months but the worst part was I got labelled as a hassler and was the butt of jokes about never letting it go n shit, never a thanks for lending a decent chunk of change, now if someone brings up cash lending it's always "don't lend off juddsablue he'll be on your door step the next day looking for it!"

Never said a word for 2 months but still have to hear that shit but nobody has asked for cash off me since which suits me fine

Your problem is that your mates sound like campaigners.

Time for better mates.

 

[Herne Hill Hammer]

Had 2 lifelong mates come and visit me when I was living in Canberra. One night we've gone out to the casino. 2 of us are playing tables while the third is in the TAB section as he doesn't really like table games.

I've walked up to a blackjack table, bought $500 worth of chips and sat myself down. After a little while mate walks over from the TAB, he's done his arse. He took a look at my chips and asked if he could borrow some (was having a win, about 5 or 600 up) I asked him how much he wanted, he took $400 worth and then sat down next to me. I asked him what he was doing, he said he was going to play. There were 6 of us at the table and all of us were having a good win. I told him if he wanted the chips he had to go to another table. He took the chips then sat at the opposite end of the table to me. You guessed it, as soon as he sat down we all started to lose.

He lost the lot and most of us on the table gave back what we'd won plus a little more. The mates left and went back to Geelong a couple of days later. Six months later I'm visiting Geelong and we catch up. I hit my mate up for the $400 he borrowed off me. Said he wasn't going to pay as it was only chip money, I told him that I withdrew money from my account and bought $500 worth of chips and that was part of it. He said nah. I said fair enough, **** off.

At that point, I'd known him for over 20 years, since primary school. If I'm back in Geelong now, I'll only catch up with him if there's a group of us and he's been asked along by one of my other mates. He's asked me a couple of times if I'm still shitty about it and I tell him no, which I'm not. I then tell him to **** off. I'm not shitty about the money, it was that and a couple of other little things that showed me what a shit bloke he is. I tell him to **** off because he's a shit bloke.

 

[Hoffy95]

It's a worry how many so called 'mates' do this. It's a very good measuring stick though as a judge of character, just costly for many.

If you lend a mate $20 or $50 for example (an amount you can afford to never get back) and never hear from that 'mate' again it's money well spent.

 

[I bleed Blue]

Had 2 lifelong mates come and visit me when I was living in Canberra. One night we've gone out to the casino. 2 of us are playing tables while the third is in the TAB section as he doesn't really like table games.

I've walked up to a blackjack table, bought $500 worth of chips and sat myself down. After a little while mate walks over from the TAB, he's done his arse. He took a look at my chips and asked if he could borrow some (was having a win, about 5 or 600 up) I asked him how much he wanted, he took $400 worth and then sat down next to me. I asked him what he was doing, he said he was going to play. There were 6 of us at the table and all of us were having a good win. I told him if he wanted the chips he had to go to another table. He took the chips then sat at the opposite end of the table to me. You guessed it, as soon as he sat down we all started to lose.

He lost the lot and most of us on the table gave back what we'd won plus a little more. The mates left and went back to Geelong a couple of days later. Six months later I'm visiting Geelong and we catch up. I hit my mate up for the $400 he borrowed off me. Said he wasn't going to pay as it was only chip money, I told him that I withdrew money from my account and bought $500 worth of chips and that was part of it. He said nah. I said fair enough, **** off.

At that point, I'd known him for over 20 years, since primary school. If I'm back in Geelong now, I'll only catch up with him if there's a group of us and he's been asked along by one of my other mates. He's asked me a couple of times if I'm still shitty about it and I tell him no, which I'm not. I then tell him to **** off. I'm not shitty about the money, it was that and a couple of other little things that showed me what a shit bloke he is. I tell him to **** off because he's a shit bloke.

Woeful act that.

'Shit bloke' doesn't do it justice.

 

[checkraiseulite]

Never lend anyone money greater than $50 or so. Have been burned several times in the past and now will not lend anyone money.

Especially do not lend people money when you're at a casino/track or when you're sharing a nice cold coke. A sob story is nearly always bullshit.

It will only end badly. Hard part is to convey to them it's nothing personal, just business.

 

[Ed_Gein]

I don't lend anyone money anymore. I just don't want to take the risk in looking like a bad guy for pressuring people into paying me back. Most people feel out of pocket when it comes the time to pay money back and generally don't want to cough it up.

I've lent money in the past, the most was $1500 to a workmate who needed the money for a deposit on something and it took me 6 months to get it back. There wasn't really any tension between us, just a simple "When do you think i'll get the money back?" once a fortnight or so, then it would progress into something a bit more assertive like "Mate, it's been a while since i lent you the money and i could really use with getting it back off ya" and so on, until it got to the point where he probably realised it wasn't fair on me and gave it back in 1 lump sum.

Just not an experience i'm willing to put myself through anymore, i'll just politely tell people that i don't have any money to lend, because looking at experiences in this thread, it's not worth the risk to me.

 

[kickazz]

So, Pavarotti knocks on the pearly gates. St. Peter opens them and says 'Oh it's you Luciano come on in. Squeeze through'.

Pavarotti says 'Hold on I've got an envelope for you from the Pope.'

St. Peter opens it up and reads it:

'HERE'S THAT TENOR I OWE YOU'

Pat and Mick are walking home from the pub when someone pulls a gun on them.

"Hand over your wallets!!"

They guys reach into their back pockets to remove their wallets. Before handing his over, Pat reaches into his wallet, pulls out some cash and says, "Here's that $150 I owe you, Mick"

 

[kickazz]

Let this be a nice little lesson to learn from. Never lend anyone money. The hassle and the pain caused asking for it back just isn't worth it.

..or at the very least be sure about the terms when you lend it, as in the exact date when they have to pay you back by, bank account details, etc. Say that you won't follow them up about it and that you expect the money in the account by then. If they are late never lend them money again.

Or just take SHAKESPEARE's advice.

 

[Cruyff14]

The only way to get money back from people is busting balls. You have to be an absolute drainer and just hound them.

If I owe people money, I try and get it back to them asap. Owed a mate $450 as he got me Springsteen tickets, had it back to him in 6 weeks or so I think. Paid him in installments and he was fine with it.

 

[kickazz]

That's a bit aggressive.

I'd just ask him when he thinks he will be able to pay it back. Most people will give you an honest response. If not, then you can set a deadline. Although I'd give them more than a week, just for politeness sake.

The advantage of this is that you give them a chance to set a deadline they can meet. If 'next Friday' is not doable for them, they might just agree to avoid conflict and then disappoint/bullshit you further down the track. Give them the opportunity to define the date. If such date is genuinely too late for you, then the negotiations can begin - e.g. "Can you pay half by Friday because I need the cash for xxxxxx" and so on.

 

[Jetwa5h]

The only way to get money back from people is busting balls. You have to be an absolute drainer and just hound them.

If I owe people money, I try and get it back to them asap. Owed a mate $450 as he got me Springsteen tickets, had it back to him in 6 weeks or so I think. Paid him in installments and he was fine with it.

A friend owed me 350 dollars ounce he signed an iou to that effect. After 6 months of excuses i walked out with his Xbox 360

 

[Cruyff14]

A friend owed me 350 dollars ounce he signed an iou to that effect. After 6 months of excuses i walked out with his Xbox 360

Then what happened?

 

[nicky]

I can only think of one friend who is annoying about money. He borrows and waits for you to remind him to pay you back. When you do he makes you out to be the joke to his friends because you're asking for money to support your >insert gambling/drinking/drug< problem. It's supposed to be a joke but it comes across as a bit passive agressive.

 

[Simple Jack]

I have a couple of policies with lending money.
1. 1 strike and you're out. I'll never lend someone a huge amount first up just to see how they go about it.
2. Don't lend money you 'need'. I.e. I'm never in the situation of 'I need that money by x' because I just won't lend it out if that's the case.

Had a few shit people who will never get a cent off me again but most of my mates are pretty decent. One of them is great though. He always pays me back and insists on adding a bit extra on top and I never have to chase it up. Truth be told I forget about it half the time (he always borrows insignificant amounts $20, $50 etc) and he reminds me and pays up. He's one of very few people I'd loan say a couple of grand to if he wanted it.

If only everyone could be like that

 

[Cruyff14]

I have a couple of policies with lending money.
1. 1 strike and you're out. I'll never lend someone a huge amount first up just to see how they go about it.
2. Don't lend money you 'need'. I.e. I'm never in the situation of 'I need that money by x' because I just won't lend it out if that's the case.

Had a few shit people who will never get a cent off me again but most of my mates are pretty decent. One of them is great though. He always pays me back and insists on adding a bit extra on top and I never have to chase it up. Truth be told I forget about it half the time (he always borrows insignificant amounts $20, $50 etc) and he reminds me and pays up. He's one of very few people I'd loan say a couple of grand to if he wanted it.

If only everyone could be like that

I owed my mate $165 for BDO ticket. He bought it for me 2 days before I left for Europe, I was gone for 6 weeks, I got home and I told him that I'd get him the money soon, he had completely forgot about it.

Borrowing/lending money is fine, if you know who you're dealing with.

 

[Stratton_Gun]

Bump, Bump, Bumidy Bump.

Live with 3 house mates.

When we first moved out 1 of the hosuemates was a bit hard up for work for the first few weeks, but it was ok as when he is working he makes good coin. Anyway, this house mate owes us other 3 about $500 each. The money he owes me was for a Carlton Membership I bought back in October, and I still havn't seen it.

Anyway, he has been paying his rent, and bills when they come in, but still hasn't paid any of us back anything. Its really starting to piss us off but we arn't quite sure teh best way to breach the topic. My other 2 house mates are pretty straight up, but they are also easy going, so don't want to hound him for it. The thing that really pisses us off is that he will bring home a 10 pack of "Jimmys" every 2nd night and drink them all.

He does a bunch of other stuff that shits us too... thats probably better for the "bad housemates" thread. Will post in there later tonight.

He is a really good guy, but its been nearly 6 months now pal, WHERES MY MONEY EY?

How do we ask him GD?

I would go up to him one day and say "Listen mate, the other blokes are pretty keen to get their money back but are too polite to say anything, so do you reckon you could pay us back within the next couple of week?" See how that goes down